Hello, Guest!
  • Tuesday, April 16, 2024

Joe North: Lockheed to Extend MK 41 Launch System Production for Navy


lockheed martinLockheed Martin (NYSE: LMT) will continue to produce MK 41 Vertical Launch Systems and provide spare parts management services to the U.S. Navy through 2022 under a potential $356 million contract.

The company said Monday the contract covers VLS launch control units and mechanical structure as well as final assembly, test and repair services, which the company will perform in Baltimore.

“We are proud to continue building these launchers and bring this significant capability to the U.S. Navy for its critical missions as we have for 32 years, ” said Joe North, vice president of littoral ships and systems at Lockheed.

Lockheed said MK 41 VLS can support missile launches across the land attack, anti-aircraft, antisubmarine and anti-surface platforms.

Video of the Day

Related Articles

Lockheed Martin Continues F-35 Deliveries After DoD Repair Cost Agreement Press Releases

Lockheed Martin Continues F-35 Deliveries After DoD Repair Cost Agreement

TYSONS CORNER, VA, May 9, 2018 — Lockheed Martin (NYSE: LMT) has reached an agreement with the Defense Department on matters related to the cost of F-35 repairs and has resumed deliveries of the aircraft to the military, ExecutiveBiz reported Tuesday. Reuters reported Tuesday that the F-35 Joint Program Office indicated the deal covers the cost of

Fluor Repairs 4 Priority Lines Under USACE-FEMA Power Restoration Effort in Puerto Rico Press Releases

Fluor Repairs 4 Priority Lines Under USACE-FEMA Power Restoration Effort in Puerto Rico

TYSONS CORNER, VA, Dec. 29, 2017 — Fluor (NYSE: FLR) has completed repairs on priority power lines near San Juan and Caguas in Puerto Rico as part of its task under a potential $240 million power restoration project with the U.S. Army Corps of Engineers, ExecutiveBiz reported Thursday. The company said Thursday the repaired sections of

Air Force’s Lockheed-Built F-35As Slated to Resume Flights by End of 2016 Press Releases

Air Force’s Lockheed-Built F-35As Slated to Resume Flights by End of 2016

TYSONS CORNER, VA, Oct. 18, 2016 — The F-35 fighter jets built by Lockheed Martin (NYSE: LMT) for the U.S. Air Force are scheduled to complete repairs to their fuel pipes and resume operations by the end of the year, ExecutiveBiz reported Monday. Breaking Defense reported Friday the F-35 Joint Program Office has indicated that repairs have started