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Lockheed Awarded $100M Contract for Air Force JASSM Production, Lifecycle Support

Lockheed Martin (NYSE: LMT) has secured a five-year, $100 million contract from the U.S. Air Force to support production of Joint Air-to-Surface Standoff Missile systems. The Defense Department said Tuesday the company will also provide lifecycle support for JASSM, Long Range Anti-Ship Missile, JASSM-Extended Range and other JASSM variants in the areas of system upgrades, …

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Navy Taps Boeing, General Atomics, Lockheed & Northrop for Additional UCAAS Risk Reduction Work

TYSONS CORNER, VA, April 18, 2017 — The U.S. Navy has awarded separate contract modifications to Boeing (NYSE: BA), General Atomics, Lockheed Martin (NYSE: LMT) and Northrop Grumman (NYSE: NOC) for continued risk reduction work on the future MQ-25 unmanned carrier aviation air system, ExecutiveBiz reported Monday. The Defense Department said Thursday the Navy …

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Lockheed’s F-16 Jets Get Air Force Approval for Service Life Extension

TYSONS CORNER, VA, April 17, 2017 — The Lockheed Martin-built (NYSE: LMT) F-16 fighter jet has received clearance from the U.S. Air Force for an extended service life from an equivalent 8,000 to 12,000 flight hours, ExecutiveBiz reported Thursday. The company said Wednesday it worked with the Air Force to cut projected service …

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Lockheed, DoD to Explore Air-Space-Cyber Interoperability Through C2 Wargame

TYSONS CORNER, VA, April 13, 2017 — Lockheed Martin (NYSE: LMT) will host the three-day Multi-Domain Command and Control wargame at its Center for Innovation in Virginia to demonstrate air, cyber and space domain integration in support of command-and-control operations, ExecutiveBiz reported Wednesday. The company said Tuesday it will work with the Defense …

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Lockheed, Air Force, Calspan Conduct Teaming Drill for Manned, Unmanned Systems

TYSONS CORNER, VA, April 11, 2017 — Lockheed Martin‘s (NYSE: LMT) Skunk Works business unit has collaborated with Calspan, the U.S. Air Force‘s Test Pilot School and the Air Force Research Laboratory in a teaming exercise for manned and unmanned systems at Edwards Air Force Base, ExecutiveBiz reported Monday. The Have Raider …

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Lockheed Gets $373M Contract Modification to Build F-35 Variants for Non-DoD Participants

Lockheed Martin (NYSE: LMT) has received a $372.9 million contract modification from the U.S. Navy to produce F-35A and F-35B variants and conduct deficiency correction efforts for non-Defense Department participants. DoD said Monday the modification falls under a previously awarded advance acquisition contract for low-rate initial production of lot 10 F-35s. The company received a $1.28 billion …

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Lockheed Gets $129M F-35 Core Processor Order Modification

Lockheed Martin‘s (NYSE: LMT) aeronautics business has secured a two-year, $129.4 million delivery order modification from the U.S. Navy to perform additional work on the TR-3 integrated core processor and related subsystems for the F-35 program. The Defense Department said Wednesday work under the modification seeks to address diminishing manufacturing sources challenges in the production of lot 15 F-35s …

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BAE to Lead F-35 Sustainment in UK Under Subcontract From Lockheed

TYSONS CORNER, VA, April 4, 2017 — Lockheed Martin (NYSE: LMT) has awarded an estimated $50 million subcontract to BAE Systems for support to the F-35 fighter jet fleet in the U.K., ExecutiveBiz reported Monday. BAE said Friday it will work with Lockheed to provide engineering, technical, training, maintenance and supply chain management …

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Lockheed Wins Potential $288M Contract to Build Army’s Laser-Based Training System

Lockheed Martin (NYSE: LMT) has won a potential seven-year $288 million contract to build a laser-based training device for the U.S. Army to simulate the firing capacity of soldiers and combat vehicles as well as test the engagement effects of multiple weapons. The Defense Department said Friday the Instrumentable Multiple Integrated Laser Engagement System will help Army …

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Navy Awards Lockheed $582M F-35 Air Vehicle Spares Delivery Order

Lockheed Martin (NYSE: LMT) has secured a four-year, $581.8 million delivery order from the U.S. Navy to supply air vehicle initial spares for the F-35 program. The Defense Department said Friday the order covers F-35 common spares; F-35A, F-35B and F-35C unique spares; aloft spares packages/deployment spares packages and reprogramming lab spares in support of the …

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