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Tag Archives: aircraft

Lockheed Lands $287M Air Force C-130J Manufacturing Contract Modification

Lockheed Martin (NYSE: LMT) has received a $287.2 million contract modification to produce an additional five C-130J type aircraft for the U.S. Air Force. The Defense Department said Friday Lockheed will perform work in Marietta, Georgia, through Apr. 30, 2020. DoD noted the full obligated amount is from the Air Force’s fiscal years …

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USAF Awards Boeing Potential $254M F-15 Aircraft Fatigue Testing IDIQ

Boeing (NYSE: BA) has received a potential $254.2 million indefinite-delivery/indefinite–quantity contract to test, repair and analyze the aircraft test articles for the U.S. Air Force’s F-15C and F-15E jets. The Defense Department said Thursday Boeing will perform the testing part of the contract on tasks meant to help the military branch evaluate …

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Boeing Receives $1B P-8I Maritime Surveillance Aircraft Order from India

Boeing (NYSE: BA) has received a $1 billion order for four additional P-8I maritime surveillance aircraft from India, USNI News reported Wednesday. Vivek Raghuvanshi writes India will use the aircraft to replace eight legacy Russian-built Tu-142 maritime aircraft, according to the report. The company built the P-8I as a derivative of …

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Lockheed, Boeing Among Firms Tapped for Japan’s Potential $40B Fighter Jet Program

Lockheed Martin (NYSE: LMT) and Boeing (NYSE: BA) are among the companies Japan has contacted to potentially participate in the country’s planned $40 billion fighter jet program, E&T Magazine reported Thursday. Jack Loughran writes Japan plans to release a tender for 100 fighter planes after a Tuesday deadline on a solicitation for expressions of …

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L-3 Subsidiary Wins $302M Navy Logistics Support Contract for C-12 Transport, Trainer Planes

A subsidiary of L-3 Communications (NYSE: LLL) has won a potential $302.2 million contract to provide logistics services for the C-12 Huron utility lift aircraft of the U.S. Navy. L-3 unit Vertex Aerospace will perform post-production, aircraft maintenance and materials delivery for Marine Corps Reserve C-12 as well as Navy TC-12B trainer aircraft, the Defense Department said Wednesday. Vertex Aerospace …

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AT&T to Support DISA’s UHF/LOS Comms Network Under $75M Contract

The Defense Information Systems Agency has awarded AT&T (NYSE: T) a potential five-year, $74.6 million contract to provide Northstar long-haul telecommunications services and related transmission circuits in support of DISA’s ultra-high frequency/line-of-sight communications platform. The sole-source, firm-fixed-price contract awarded by the Defense Information Technology Contracting Organization has a one-year base term …

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Textron Subsidiary Gets $461M Modification on Helicopter, Fuel Kit Contract with Navy

A subsidiary of Textron (NYSE: TXT) has received a three-year, $461.1 million contract modification to manufacture and deliver new batches of AH-1Z Viper and UH-1Y Venom helicopters to the U.S. Navy. Textron unit Bell Helicopter will provide 16 Vipers, 12 Venoms and 16 auxiliary fuel kits under the fixed-price-incentive contract, the Defense Department said Friday. Work will take …

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Boeing Issues FY 2016 Outlook Below Street Consensus; 2015 Defense Segment Results Mixed

Boeing (NYSE: BA) — one of 30 companies listed on Executive Mosaic’s GovCon Index — has issued its fiscal year 2016 outlook of earnings between $8.15 and $8.35 per share to fall below the consensus Wall Street expectation of $9.43. The Chicago-based airplane manufacturer also stated a 2016 revenue outlook …

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Lockheed Awarded $263M to Maintain Saudi Arabia’s F-15 Sensors; Paul Lemmo Comments

Lockheed Martin (NYSE: LMT) has been awarded a $262.8 million contract with the U.S. Air Force to maintain sensor suites on Saudi Arabia’s F-15 aircraft. The company will work with Saudi-based Advanced Electronics Co. to sustain the sniper advanced targeting pods, LANTIRN navigation pods and infrared search and track systems, Lockheed said …

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Jeff Babione Named Lockheed F-35 EVP, GM; Orlando Carvalho Comments

Jeff Babione, formerly vice president and general manager of the F-16/F-22 integrated fighter group within Lockheed Martin (NYSE: LMT), has been appointed as executive VP and GM of the firm’s F-35 program. He will succeed Lorraine Martin, who will move into the role of mission systems and training deputy executive …

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