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Tag Archives: Lockheed Martin

Lockheed Gets $247M NASA Supersonic X-Plane Development Contract

Lockheed Martin (NYSE: LMT) has received a potential $247.5 million contract to design, build and test a supersonic aircraft for NASA. NASA said Tuesday the cost-plus-incentive-fee contract calls for the development of a Low-Boom Flight Demonstration aircraft, dubbed X-plane, designed to travel at a speed of about 940 miles per hour at …

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Lockheed Secures $211M Navy Contract for F-35 Common System Pre-Modernization Efforts

Lockheed Martin (NYSE: LMT) has secured a $211.3 million contract from the U.S. Navy to conduct pre-modernization work on F-35 Block 4.1 common systems. Efforts under the contract will be part of the F-35 preliminary design review for the U.S. Air Force and international partners, the Defense Department said Monday. The Naval Air …

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Christie Thomas Named HII Newport News Shipbuilding VP for Contracts, Pricing

Christie Thomas, formerly corporate director of investor relations at Huntington Ingalls Industries (NYSE: HII), has been named vice president of contracts and pricing for the company’s Newport News Shipbuilding division. HII said Friday Thomas succeeds Tom Johnston and will oversee the division’s contracts, pricing and export/import licensing and compliance functions in her new position. …

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Lockheed Gets $120M Navy Contract Modification for EW Block 2 System Production

Lockheed Martin‘s (NYSE: LMT) rotary and mission systems business has received a $119.6 million contract modification to produce electronic warfare subsystems for the U.S. Navy. The modification represents options under a previously awarded contract and covers the full-rate production of AN/SLQ-32(V)6 Block 2 subsystems under the Surface Electronic Warfare Improvement Program, the  Defense Department said …

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Lockheed, Poland Seal PAC-3 MSE Missile Deal

Poland and Lockheed Martin (NYSE: LMT) have signed an agreement for the company to build Patriot Advanced Capability-3 Missile Segment Enhancement missiles and associated equipment for the Polish military. Lockheed said Wednesday Poland will be its fifth international customer to procure PAC-3 MSE missiles. The system is designed to engage ballistic missiles, cruise missiles …

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Poland Inks Deal to Buy Raytheon Patriot Missile System From US Govt

Poland has signed an agreement to purchase the Raytheon-built Patriot integrated air-and-missile defense platform from the U.S. government. Pete Bata, vice president of Polish air and missile defense at Raytheon, said in a statement published Wednesday the letter of offer and acceptance will pave the way for the company to …

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Lockheed’s Cyber Platform Helped DHS Analyze Russia-Linked Critical Infrastructure Attacks

TYSONS CORNER, VA, March 28, 2018 — Lockheed Martin‘s (NYSE: LMT) Cyber Kill Chain framework supported the Department of Homeland Security in analyzing alleged state-sponsored Russian hackers’ cyber attacks on U.S. government entities and organizations in the energy, nuclear, commercial facilities, water, aviation and critical manufacturing sectors, ExecutiveBiz reported Tuesday. DHS’ …

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Lockheed to Develop Surface Ship Undersea Warfare Tech for Navy, Japan Under Potential $701M Contract

Lockheed Martin‘s (NYSE: LMT) rotary and mission systems business has secured an eight-year, $700.8 million contract to build surface ship undersea warfare systems for the U.S. Navy and Japan. The company will develop, integrate, produce and test future advanced capability build and technical insertion baselines of AN/SQQ-89A(V)15 USW systems, the Defense …

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Report: Poland Inks Offset Deals With Lockheed, Raytheon for Patriot Missile System

Poland has signed potential 10-year offset agreements with Raytheon (NYSE: RTN) and Lockheed Martin (NYSE: LMT) related to the European country’s planned procurement of the Patriot missile system, The Times of Israel reported Friday. “The offset agreements for the Wisla program are signed… This is the final step before signing …

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Industry Team Updates C3, Battle Mgmt Network of US Ballistic Missile Defense System

TYSONS CORNER, VA, March 22, 2018 — A team comprised of Boeing (NYSE: BA), General Dynamics (NYSE: GD), Lockheed Martin (NYSE: LMT), Northrop Grumman (NYSE: NOC) and Raytheon (NYSE: RTN) has moved to update the network that links the elements of the U.S. ballistic missile defense system, ExecutiveBiz reported Wednesday. …

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