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Lockheed Awarded $263M to Maintain Saudi Arabia’s F-15 Sensors; Paul Lemmo Comments

Lockheed Martin (NYSE: LMT) has been awarded a $262.8 million contract with the U.S. Air Force to maintain sensor suitesÂ onÂ Saudi Arabia’s F-15 aircraft.

The company will work with Saudi-based Advanced Electronics Co. to sustain the sniper advanced targeting pods, LANTIRN navigation pods and infrared search and track systems, Lockheed said Monday.

Paul Lemmo, vice president of fire control/SOF CLSS at Lockheed’s missiles and fire control segment, said the company will use in-countryÂ systems to maintain and upgrade theÂ Saudi air force’s sensors.

AEC will also train and perform maintenance on line replaceable units, logistics and upgrades in collaboration with Lockheed and the Air Force.

Lockheed Gets $200M AF IDIQ to Sustain Airborne Targeting, Navigation Pods for 13 Int’l Clients

Lockheed MartinÂ (NYSE: LMT) has secured a $200 million contract from the U.S. Air Force to help 13 foreign military sales customers sustain SniperÂ advanced targeting pods and Low Altitude Navigation and Targeting Infrared for NightÂ navigation pods. The Defense Department said ThursdayÂ work will include depot-level repair and return of line replaceable units;Â LANTIRN forward imaging navigation set; and

Contract Awards

Air Force Orders $99M in Lockheed Targeting Pods for 10 Foreign Govt Clients

Lockheed MartinÂ (NYSE: LMT) has received $99 million in deliveryÂ orders to provideÂ Sniper Advanced Targeting Pods, spares andÂ upgrade services toÂ Belgium, Norway, Pakistan, Poland, Romania, Saudi Arabia, Taiwan, Thailand, Â Turkey and the Netherlands through theÂ foreign military sales program. The orders come under aÂ potential $485 millionÂ indefinite-delivery/indefinite-quantity contract the U.S. Air ForceÂ awarded to Lockheed’sÂ missiles and fire control unitÂ in March,

Contract Awards