| Mobile Web

Search results for Lockheed Martin

Industry

Missing F-35 parts worth $1.3 billion expose U.S. Pentagon inventory control gaps

About 17,000 spare parts used for the F-35 stealth fighter have been omitted from the official inventory management system, with a minimum value of $1.3 billion, raising concerns about the U.S. Defense Department’s inventory controls. The U.S. Government Accountability Office said the F-35 Joint Program Office’s tracking remains inaccurate and incomplete. The GAO recommended four improvements, which the Defense Department accepted.

Industry

Trump deems foreign-made robots, industrial machinery a national security threat, alarming U.S. manufacturers

U.S. President Donald Trump has labeled imports of foreign-made industrial robots a national security threat and ordered negotiations with trade partners to adjust imports. A proclamation said the United States could impose additional steps including tariffs, quotas and fees if no agreement is reached. The measure targets factory robots, industrial machinery and related parts used widely in manufacturing, raising cost concerns for U.S. firms that rely heavily on overseas suppliers such as Fanuc, ABB, Yaskawa and Kuka.

Industry

Amazon, Lockheed Martin alumni team up on Egret autonomous cargo drone nearing U.S. tests

A large autonomous drone capable of carrying up to 1.8 tonnes of cargo without a cockpit is being developed in the United States. Poseidon Aerospace is building the Egret unmanned freighter, designed from the outset for cargo operations rather than converted from a manned aircraft. Early tests can be remotely piloted from a ground control center. The company plans a first unmanned test flight in Oregon by year-end and has raised $60 million in a Series A round led by TQ Ventures.