Author: Mary-Louise Hoffman|| Date Published: October 6, 2016
Lockheed Martin (NYSE: LMT) has been awarded a potential $214.5 million contract to perform logistics, maintenance and support work on automated test equipment for the U.S. Navy.
The Defense Departmentsaid Tuesday that Lockheed will support as many as 400 Consolidated Automated Support System stations and 150 reconfigurable, transportable CASS stations under the performance-based contract.
Work will occur at various locations across the U.S. and is scheduled to finish April 2023.
The company will also provide CASS support services to the governments of Australia, Finland, Kuwait, Malaysia, Italy and Spain through DoD’s foreign military sales program.
The Navy will obligate $8.4 million in fiscal 2016 aircraft procurement funds at time of award.
CASS is designed to aid shore-based and afloat maintenance of electronic systems installed on ships, aircraft and submarines.
Shield AI has agreed to acquire simulation software company Aechelon Technology as part of efforts to expand its technological capabilities. The San Diego-based…
SentinelOne, a company specializing in artificial intelligence security, has promoted Barry Padgett to president and chief operating officer. The appointment takes effect…
Anduril Industries and Palantir Technologies are helping develop software for the potential $185 billion Golden Dome next-generation missile defense shield,…
Lockheed Martin (NYSE: LMT) has been awarded a potential $214.5 million contract to perform logistics, maintenance and support work on automated test equipment for the U.S. Navy.
