Lockheed Awarded $424M to Help Sustain Army Apache Pilotage, Targeting Systems

Lockheed Martin (NYSE: LMT) will provide additional sensor systems and support services for the Apache attack helicopters of the U.S., U.K. and Saudi Arabia under a $288.3 million domestic and foreign military sales contract modification. The Bethesda, Md.-based firm will supplement Modernized Target Acquisition Designation Sight/Pilot Night Vision Sensors and offer subcomponent production and technical services, the Defense Department said Friday. Lockheed

Lockheed Martin (NYSE: LMT) has received orders worth a combined $337 million to provide sensor systems and support services for Apache military helicopters of the U.S., U.K. and Saudi Arabia. The orders for Modernized Target Acquisition Designation Sight/Pilot Night Vision Sensors fall under a potential five-year, $2 billion indefinite-delivery/indefinite quantity contract from the U.S. Army, Lockheed said Monday. M-TADS/PNVS

The U.S. Army has awarded Lockheed Martin (NYSE: LMT) an $82 million contract to sustain long-range targeting and pilotage systems for the military branch’s AH-64 Apache helicopters. Lockheed said Monday the award exercises the third option year under a potential $375 million performance-based logistics contract for work on Modernized Target Acquisition Designation Sight/Pilot Night Vision