Norway Proposes $300M Lockheed C-130 Foreign Sale

Norway wants to acquire two Lockheed Martin-made (NYSE: LMT) planes through an estimated $300 million foreign military sales agreement, the Defense Security Cooperation Agency has told Congress. In a June 7 notice, DSCA said Norway has proposed to buy two C-130J U.S. Air Force planes, associated parts, equipment, logistical support and training. The sale would also include nine engines, countermeasure...

Lockheed Wins $2B For THAAD Missile Interceptors

Lockheed Martin’s (NYSE: LMT) space systems company has won a $2,023,590,000 contract to provide missile interceptors to the Missile Defense Agency, the Defense Department announced Tuesday. MDA will receive 42 Terminal High Altitude Area Defense interceptors and combine that order with an order from the United Arab Emirates for 96 interceptors. The UAE will receive its interceptors through a foreign...

Lockheed to Support Saudi Arabia F-15s on $410M Air Force Award

Lockheed Martin Corp. (NYSE: LMT) has won a $410,610,000 U.S. Air Force contract for sniper targeting pods and data links, the Defense Department announced Monday. Work on the firm-fixed-price contract will finish by Nov. 31, 2017 and support Saudi Arabia’s F-15SA conversion program, according to the Pentagon. Lockheed’s missiles and fire control will fill the contract order, which includes: 95...

Lockheed Wins $78M Air Force Missile Warning System Contract

Lockheed Martin Corp. (NYSE: LMT) has won a $78.2 million U.S. Air Force contract to provide a missile warning system, the Defense Department announced Wednesday. The Shared Early Warning System Program will provide coalition partners with missile event information. U.S. theater combatant commander headquarters will use the program for situational awareness information. The company’s information...

Lockheed Team Wins $715M to Build Third, Fourth Littoral Ships

Lockheed Martin Corp. (NYSE: LMT) and two industry partners won a $715 million U.S. Navy contract modification to build two combat ships, the company announced Friday. The Little Rock and Sioux City are the third and fourth ships to be built under a 10-ship contract awarded in December 2010. This program’s first two ships, the Milwaukee and Detroit, are currently under construction. The team...

Lockheed Wins Potential $881M Army Contract for 360-Degree Radar

Lockheed Martin Corp. (NYSE: LMT) has won a potential $881 million contract to provide the U.S. Army with up to 51 radar systems to defend against rockets, mortars and artillery. The firm-fixed-price contract has a $166 million base year and two option years, according to the Army’s program executive office for intelligence, electronic warfare and sensors. The U.S. Army Product Manager for Radars...

Lockheed Wins $88M for Navy Aegis Systems Engineering

Lockheed Martin Corp. (NYSE: LMT) won an $88,467,830 U.S. Navy contract modification to provide engineering services for shipboard Aegis systems, the Defense Department announced Thursday. The Navy exercised fiscal year 2012 options for systems engineering and modernization on CGComptroller General 57 and DDG 51-class ships. Lockheed will perform work under the cost-plus-award-fee, cost-plus-fixed-fee...

Boeing Offering F-15 to South Korea, Lockheed Touts Hercules to Intl. Customers

Both Lockheed Martin (NYSE: LMT) and Boeing Co. (NYSE: BA) will offer variations of existing aircraft to potential foreign customers, WRWR-TV reported. Boeing will offer its F-15 Silent Eagle to South Korea, as the country is looking to replace its F-4 Phantom aircraft, according to WRWR. Brad Jones, Boeing’s F-15 systems combat director, said the South Korean government released a request for proposals...

Lockheed Wins $70M for Air Force Search-and-Rescue Aircraft

Lockheed Martin Corp. (NYSE: LMT) won a $70 million U.S. Air Force contract to provide seven search-and-rescue aircraft, the Defense Department announced Wednesday. Lockheed will provide one HC-130J, two AC-130J, and four MCMail Code-130J aircraft under the firm-fixed-price contract. Lockheed will perform work in Marietta, Ga and the Pentagon expects Lockheed to complete work during calendar year 2016. The...

Lockheed Names Stephanie Hill ISGS-Civil Lead

Lockheed Martin (NYSE: LMT) has appointed Stephanie Hill president of Lockheed’s information systems and global solutions civil group, Lockheed announced Tuesday. The 15-year Lockheed veteran joined the company as a software engineer in 1987 and most recently served as vice president of corporate internal audit. Prior to joining internal audit in 2010, Hill led Lockheed’s's integrated...

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