Lockheed Martin (NYSE: LMT) has booked a potential $2.45 billion contract modification from the U.S. Army to produce guided air and missile defense systems.
The aerospace and defense contractor will manufacture the Phased Array Tracking Radar to Intercept on Target Advanced Capability-3 missiles at its facility in Grand Prairie, Texas, through the end of December 2029, the Department of Defense said Friday.
Army Contracting Command is obligating the full contract amount using fiscal 2023 missile procurement and foreign military sales funds.
In September, Lockheed received a $273 million contract modification for PATRIOT Advanced Capability-3 missile production support.
The PAC-3 system comes with a hit-to-kill capability designed to protect ground forces and critical assets from cruise missiles, advanecd aircraft and tactical ballistic missiles.
The combined capabilities of Detroit Defense and Athenix will support operations in complex and contested environments.
Michael LaRouche has begun his tenure as CEO-designate of Trinzic, KBR's planned MTS spinoff set to go public in January…
Iridium stockholders approved the company's acquisition by Rocket Lab, with about 99.6 percent of votes cast in favor of the…
GreyNoise has appointed Joe Lampert, a retired Army major, to lead national security partnerships with defense and intel agencies.
Quantum Sky appointed Samantha Moore, Jessica Merriam and Nicole Gibson to lead business groups organized around federal markets.
USDA has awarded 25 companies spots on a potential five-year, $1 billion BPA for CPOC cybersecurity support.
NASA Goddard has released an RFI to shape GSMO-4 contract and is weighing a shift to firm-fixed-price pricing for mission…
Jonathan Moneymaker served as president of Altamira Technologies and general manager of Boeing's intelligence systems group.
Ericsson Federal has appointed Patrick Gorman, a former Booz Allen executive and intelligence community CIO, as CTO.
The undefinitized award covers test article pods and cybersecurity work for the Navy and the Royal Australian Air Force.
Janes U.S. President Randy Nixon said organizations that ground fusion in verified data can make faster, more informed decisions.
Valiant has booked a five-year, $260 million contract for mission command training and simulation support to Army National Guard units.
You’ve already read all related articles.
VIDEO 
