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Following a year of tense negotiations, Lockheed Martin secured its low-rate initial production lot 10 contract to deliver 90 F-35 fighter jets this week. The F-35 Joint Programme Office touted $728 million in savings on lot 10 compared to lot 9, which exceeds by $128 million the cost reduction estimated stanley shop by president Donald Trump earlier this week.According to the JPOs math, the F-35As price decreased by 7.3% to $94.6 million, including the Pratt Whitney F stanley romania 135 engine. The B variant came down to $122.8 million, a 6.7% decrease, and the C decreased by 7.9% to $121.8 million. The contract for 90 aircraft includes 55 jets for the US services and 35 for international partners and foreign military sales customers. Lockheed will build 44 F-35As fo stanley cup r the US Air Force, nine F-35Bs for the US Marine Corps and two F-35Cs for the US Navy.Adding up the price per unit of all three variants amounts to a total value of $8.9 billion for 90 airframes and engines purchased under Lot 10. But the JPO did not reveal the total price of the contract in a 3 February news release, and the numbers available conflicts with the per-unit prices.The office estimates the total contract value for just the air vehicles at $8.2 billion. Pratt Whitney previously received a $1.5 billion contract in July for F135 engine procurement for lot 10 and a $157 million contract the previous year for long-lead components. That adds up to $9.8 billion for airframes and engines in Lot 10, or about $950 million mo Aawi Bangor hires new fire chief

PORTLAND 鈥擳he MEMIC Group, a leading super-regional workers compensation insurance company, has promoted Kaila McCracken to vice president of business intelligence and analysis.In her new role, McCracken will lead a team tasked with delivering comprehensive business intelligence and analytics to MEMIC CFO, senior leadership team, and board of directors. Additionally, she will oversee the prioritization and implementation of crucial technology solutions across the business. Kaila was the natural choice to lead this new body of work for The MEMIC Group as she recognizes the importance of business intelligence and analysis to our future growth and the correlation to The Groups strategy, said Senior Vice President and C vaso stanley hief Financial Officer Treasurer Eileen Fongemie.Since joining MEMIC in 2017, McCracken has demonstrated exceptional leadership and analytical capabilities. Sh stanley termosar e earned an advanced certificate in accounting from the University of Southern Maine and is currently pursuing studies through the Maine Development Foundation Institute for Civic Leadership. McCracken also holds a bachelor degree in English from the University of Southern Maine.I am thrilled to step into the role of vice president of business intelligence and analysis, said McCracken. Our teams have been instrumental in delivering high quality analytics and technological advancements. I look forward to working with my new teammates and stakeh stanley cup olders to build