Analysts say a major advantage Lockheed has over its European competitors is the kind of lifetime warranty a deal with the U.S. government provides, offering full access to Naval Sea Systems Command and its expertise.
By Justin KatzWASHINGTON: Four years after Lockheed Martin inked a $11.2 billion deal to sell Saudi Arabia an upgunned variant of its Littoral Combat Ship, the company is starting work on the first vessel later this year, a company official confirmed Wednesday. The work on four Multi-Mission Surface Combatants will take place at Fincantieri-owned Marinette Marine in…
By Paul McLearyWASHINGTON: Even as Congress inches toward cutting off arms sales to Saudi Arabia over the disappearance of Saudi dissident journalist Jamal Khashoggi and Riyadh’s grinding war in Yemen, the United States is preparing to ship $14.5 billion worth of arms to the increasingly embattled kingdom. Those weapons include “helicopters, tanks, ships, weapons, and training,” a…
By Paul McLeary