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Tag Archives: Lockheed Martin

CAE Books $176M in Q4 Flight Simulator, Training Support Contracts; Gene Colabatistto Comments

Gene Colabatistto

CAE has been awarded approximately $175.6 million in contracts from U.S. and international defense customers during the fourth quarter of its 2015 fiscal year to provide flight simulation and training platforms. Those deals include the delivery of simulators for Lockheed Martin-built C–130J Super Hercules aircraft to the U.S. Air Force ...

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State Dept OKs $952M Helicopter, Missile Sale to Pakistan

Helicopter Radar

The State Department has approved Pakistan’s request to purchase Viper attack helicopters and Hellfire missiles from the U.S. under a potential $952 million foreign military sales agreement. Pakistan will use the precision strike aircraft and weapons to carry out counterterrorism and counter-insurgency operations in the North Waziristan Agency, federally-administered tribal areas ...

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Lockheed, Austal Awarded Navy Littoral Warship Contract Modifications; Joe North Comments

Littoral-Combat-Ship

Austal USA and Lockheed Martin (NYSE: LMT) have received contract modifications for each company to build two more Littoral Combat Ships for the U.S. Navy, USNI News reported Wednesday. Megan Eckstein writes the military service awarded Lockheed approximately $362 million for the construction of one LCS and about $79 million ...

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Top 50 Women in Technology Recognized From Industry, Gov’t, and Academia

TYSONS CORNER, VA April 1, 2015 — Executive Mosaic — Tech media company FedScoop has released its Top 50 Women in Technology list for 2015 to include a broad selection of professionals from education, defense and government who have made an impact in federal information technology over the past 12 months. Among ...

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NASA Names New Industry Partners on Deep-Space R&D Projects; William Gerstenmaier Comments

deep space

NASA has established 12 new industry partnerships on its deep-space technology research and development projects on advanced propulsion, habitation systems and small satellites as part of the Next Space Technologies for Exploration Partnerships program. The agency said Monday its partners will help in building space and human exploration capabilities for cis-lunar space and Mars missions, ...

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South Korea Taps Lockheed, Raytheon for Fighter Jet and Missile Programs

NavyRocket

Lockheed Martin (NYSE: LMT) and partner Korea Aerospace Industries have won a $7.88 billion contract to build a mid-level fighter jet for South Korea, Reuters reported Monday. Joyce Lee writes the companies will jointly develop jets meant to replace the Asian ally’s F-4 and F-5 fighters by 2025 under the KF-X fighter ...

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Lockheed to Provide Sniper Targeting Pods in USAF Foreign Military Sale

lockheed martin

Lockheed Martin‘s (NYSE: LMT) missiles and fire control business will provide its Sniper Advanced Targeting Pods under a $485 million indefinite-delivery/indefinite-quantity foreign military sales contract through the U.S. Air Force. The Defense Department said Friday the contract includes initial spare pods, two-way data links and 1K forward-looking infrared systems. The company will perform work at its ...

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Lockheed Buys, Plans Upgrades for High-Speed Wind Tunnel; Mike McWithey Comments

lockheed martin

TYSONS CORNER, VA March 27, 2015 — Executive Mosaic — ExecutiveBiz reported Thursday on High-Speed Wind Tunnel longtime lessee Lockheed Martin’s (NYSE: LMT) acquisition of the facility in Grand Prairie, Texas, from Triumph Aerostructures. The investment allows the defense contractor to update the decades-old research, development and testing ground for subsonic, transonic ...

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Defense News: General Dynamics Ends Prime Role on Air Force T-X Trainer Program Pursuit

T_38

General Dynamics (NYSE: GD) has decided to abandon the company’s pursuit for the U.S. Air Force’s T-X trainer replacement program as a prime contractor, Defense News reported Thursday. The company told the publication it made the decision after the information systems and technology group’s reorganization, which completed in January. Alenia Aermacchi originally partnered with ...

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US Air Force and Lockheed Martin Constructing Space Fence Radar System in the Marshall Islands

lockheed martin

U.S. Air Force and Lockheed Martin have begun construction of a S-band ground based radar system; designed to replace the 50 year old space surveillance system, Lockheed said Monday. The radar system will sit on a six acre site on the island of Kwajalein Atoll, part of the Republic of the ...

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