Author: Nichols Martin|| Date Published: July 21, 2021
Lockheed Martin (NYSE: LMT) will supply additional missile launcher systems for installation on the U.S. Navy’s Arleigh Burke-class destroyers and Constellation-class frigates under a four-year, $231.4 million contract modification.
The service branch procured 70 more MK41 Vertical Launching System modules along with ancillary equipment from company’s rotary and mission systems business, the Department of Defense said Tuesday.
Naval Sea Systems Command issued the modification with foreign military sales to two international governments.
Eighty percent of contract purchases are for the U.S. government, 13 percent for Australia and the remaining 7 percent are for Spain.
MK 41 VLS is designed to simultaneously communicate with different missile types and weapon control systems, according to Lockheed.
The Department of State has awarded spots on a multiple-award indefinite-delivery/indefinite-quantity contract with a combined potential value of $10 billion…
Brian Hobbs has been appointed CEO of Clarity Innovations, effective March 2, the company announced Tuesday. He succeeds founder and long-serving CEO Wes…
The Federal Aviation Administration has awarded a potential five-year, $437.4 million contract to ASRC Federal Advanced Research to provide second-level…