Hello, Guest!
  • Thursday, April 18, 2024

Lockheed to Help Air Force Develop Radar Threat System Under Potential $105M Award


Lockheed Martin (NYSE: LMT) has won a potential 10-year, $104.6 million contract to develop and test a production representative article of Advanced Radar Threat System Variant 2 for the U.S. Air Force.

The Defense Department said Monday the single-award contract includes an option for the company to produce up to 20 ARTS-V2 units.

Lockheed’s missiles and fire control business will perform work in Alabama, Arizona, California, Colorado, Florida, New York, Ohio, Rhode Island, Texas, Virginia and Wisconsin through June 30, 2027.

The Air Force received two bids for the contract through a competitive acquisition process and obligated $24.7 million in fiscal 2017 research, development, test and evaluation funds at the time of award.

(CORRECTION: The contract value has been updated based on a DoD announcement dated June 13, 2017. All other information is accurate.)

Video of the Day

Related Articles

DOD Preparing to Update Software Modernization Strategy, According to Principal Deputy CIO Leslie Beavers Digital Modernization

DOD Preparing to Update Software Modernization Strategy, According to Principal Deputy CIO Leslie Beavers

Information technology is a top priority for the Department of Defense, and the organization is currently working to update its software modernization strategy, according to DOD Principal Deputy Chief Information Officer Leslie Beavers. The existing plan operates around three tenets: accelerating cloud adoption, establishing a software factory ecosystem and transforming the process of software development “to allow

How DOD Is Working to Share Confidential, Critical Spectrum Network Access With Industry; John Sherman Quoted DOD

How DOD Is Working to Share Confidential, Critical Spectrum Network Access With Industry; John Sherman Quoted

One of the more ambitious missions of the U.S. Department of Defense in recent memory is its dynamic spectrum sharing, or DSS, framework. This initiative aims to identify a pathway to securely open up a spectrum band to commercial wireless users that is typically used for critical military purposes like missile deterrence. The DOD’s work

Investigating the US Army’s FY2025 Budget Proposal DOD

Investigating the US Army’s FY2025 Budget Proposal

The U.S. Army wants $186 billion in spending power for fiscal year 2025, a figure which has not yet been approved. The budget includes funds for nine barracks construction projects, an increased focus on fitness facilities and routine upticks in pay for soldiers. It has also been assembled with an eye toward responding to “aggression in