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Tag Archives: Lockheed Martin

Lockheed Awarded $736M to Help Sustain US Military Comm Satellites

lockheed martin

The U.S Air Force has awarded Lockheed Martin (NYSE: LMT) a six-month, $735.5 million contract to perform sustainment work on three U.S. satellite systems for tactical communication. Lockheed’s space systems unit will maintain the Defense Satellite Communications System III, Milstar and Advanced Extremely High Frequency satcom networks for the Air ...

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Saft to Provide Specialty Batteries for Joint Light Tactical Vehicle


TYSONS CORNER, VA May 21, 2015 — ExecutiveBiz reported Wednesday on Saft’s selection as the Li-ion battery provider for Lockheed Martin’s (NYSE: LMT) Joint Light Tactical Vehicle program. Saft said Tuesday its selection for the production phase of the next-generation lightweight vehicles comes eight months after its completion of the production readiness ...

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DigitalGlobe Retires Lockheed-Built IKONOS Imaging Satellite


TYSONS CORNER, VA May 20, 2015 — DigitalGlobe (NYSE: DGI) has retired the Lockheed Martin-built (NYSE: LMT) IKONOS imaging satellite after 15 years of on-orbit service, ExecutiveBiz reported Tuesday. Lockheed said Thursday IKONOS, launched in September 1999 at the Vandenberg Air Force Base, took thousands of high-resolution earth imagery throughout its lifecycle ...

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State Dept OKs $2B Bomb Guidance Kit Sale to Israel

State Department

The State Department has cleared a potential $1.879 billion foreign military sale of Boeing-built (NYSE: BA) Joint Direct Attack Munition tail kits and related equipment, parts and logistics services to Israel. Israel ordered 14,500 KMU-556C/B JDAM kits with GBU-39, BLU-113 and Mk-80 series bombs, Hellfire and Advanced Medium Range Air-to-Air ...

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Report: UTC in Talks With Potential Sikorsky Buyers


United Technologies Corp. (NYSE: UTC) has begun discussions with other companies about a potential sale of UTC’s Sikorsky Aircraft subsidiary, the Wall Street Journal reported Tuesday. Citing several sources, Dana Mattioli and Ted Mann write that Airbus Group, Boeing (NYSE: BA) and Lockheed Martin (NYSE: LMT) are considering making offers ...

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20 Companies Win Spots on $8B NETCENTS-2 Infrastructure Services IDIQ

data center

Twenty companies have landed spots on a potential $7.9 billion contract to provide network operations and infrastructure support services across the U.S. Air Force enterprise. Contractors will compete to perform work during the three-year ordering period for this portion of the Network-Centric Solutions-2 program, the Defense Department said Friday. The ...

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Army Awards $1B Equipment Support IDIQ Spots to 20 Companies


Twenty contractors will compete to perform equipment-related services for the U.S. Army under an eight-year indefinite delivery/indefinite quantity contract worth $1.1 billion. The Army Contracting Command received 24 proposals for the order-dependent contract and the winning vendors are scheduled to complete work on May 13, 2023, the Defense Department said ...

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Rick Ambrose: Lockheed Seeks to Inspire STEM with Aerospace Learning Center

Rick Ambrose

TYSONS CORNER, VA May 14, 2015 — Executive Mosaic — Rick Ambrose, executive vice president of Lockheed Martin’s (NYSE: LMT) space systems business, said the newly opened Lockheed Martin Space Education Center in Colorado Springs aims to encourage science, technology, engineering and math learning in schools. “If we are to ...

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Navy Orders Mercury Systems Electronic Parts


Mercury Systems (NASDAQ: MRCY) has been awarded a five-year, $7.3 million contract to produce electronic spare parts for the U.S. Navy’s ship-mounted electronic warfare systems, Military & Aerospace Electronics reported Thursday. John Keller writes the digital, radio frequency and microwave components will be installed in the Navy’s AN/SLQ-32(V)6 shipboard EW system. ...

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Lockheed Enters Testing Phase for AF Space-Based IR System; Vinny Sica Comments

Vinny Sica

TYSONS CORNER, VA May 13, 2015 — Executive Mosaic — ExecutiveBiz reported Tuesday on Lockheed Martin (NYSE: LMT) completing development of the Increment 2 ground station integration program for the Air Force’s Space-Based Infrared System. The company said Monday it has finished hardware and software installation on the SBIRS and will now ...

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