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Search Results for: Lockheed

Lockheed-Raytheon JV Gets $95M Javelin Weapon FMS Contract Modification

A Lockheed Martin (NYSE: LMT) and Raytheon (NYSE: RTN) partnership will supply Javelin weapon equipment to six foreign military sales clients under a $94.9 million contract modification from the U.S. Army. The Javelin Joint Venture will deliver rounds, command launch units and battery coolant unit spares for the anti-armor missile system, the Defense …

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Lockheed Named in State Dept-Approved Sale of Mk 41 VLS to Finland

TYSONS CORNER, VA, Feb. 22, 2018 — Lockheed Martin (NYSE: LMT) has been named as a principal contractor on a potential $70 million U.S. foreign military sale of shipborne vertical launching systems, equipment and associated support services to Finland, ExecutiveBiz reported Wednesday. The Defense Security Cooperation Agency said Tuesday the State Department …

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General Atomics Unit to Supply Batteries for SOCOM’s Lockheed-Built Dry Combat Submersibles

TYSONS CORNER, VA, Feb. 20, 2018 — A General Atomics business unit has provided its Lithium-ion Fault Tolerant battery technology to power the Dry Combat Submersible platform that Lockheed Martin (NYSE: LMT) is building for the U.S. Special Operations Command, ExecutiveBiz reported Friday. Lockheed awarded a contract to General Atomics Electromagnetic Systems to build and …

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Lockheed Martin Eyes 1,800 New Jobs Amid Expansion in Orlando, Florida

TYSONS CORNER, VA, Feb. 16, 2018 — Lockheed Martin (NYSE: LMT) has started the construction of a new $50 million, 255,000-square-foot facility in Florida that will house research and development, program management and engineering operations for the missiles and fire control business, ExecutiveBiz reported Thursday. The company said Wednesday the future Research & …

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Lockheed Martin Marks 400th Delivery of C-130J Transport Aircraft

TYSONS CORNER, VA, Feb. 14, 2018 — Lockheed Martin (NYSE: LMT) has completed 400 deliveries of its C-130J Super Hercules aircraft, with the latest sent to the U.S. Air Force for deployment with the Air Force Special Operations Command, ExecutiveBiz reported Tuesday. The company said Monday the military transport plane sent to …

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Lockheed’s Airborne Surveillance Tech Reaches Final Operational Capability With Finland’s Military

TYSONS CORNER, VA, Feb. 13, 2018 — Lockheed Martin‘s (NYSE: LMT) Dragon Shield airborne surveillance platform has secured final operational capability with Finland’s defense forces after a flight test using a modified aircraft to carry the system, ExecutiveBiz reported Monday. The company said Friday the trial assessed Dragon Shield’s airworthiness and …

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Lockheed Teams With Rheinmetall in Bid for Germany’s Helicopter Replacement Effort

TYSONS CORNER, VA, Feb. 7, 2018 — Lockheed Martin (NYSE: LMT) has entered into a partnership with Germany’s Rheinmetall to offer the Sikorsky-built CH-53K King Stallion helicopter in the team’s bid for a potential $4.9 billion helicopter procurement contract with the German military, ExecutiveBiz reported Tuesday. Reuters reported Tuesday a request for information is …

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Lockheed Gets $524M US, Intl Patriot Missile Contract Modification

Lockheed Martin (NYSE: LMT) has received a three-year, $523.8 million contract modification for the supply of updated Patriot missiles to the U.S. Army as well as Qatar, Saudi Arabia and Romania. The company will provide Patriot Advanced Capability-3 enhancement and cost reduction initiative missiles along with complementary support equipment through the modified domestic and …

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Lockheed Gets $120M Delivery Order Modification for Initial F-35 Air Vehicle Spares

Lockheed Martin (NYSE: LMT) has received a $119.7 million delivery order modification from the U.S. Navy to provide initial air vehicle deployment spares packages for the F-35 program. The Defense Department said Monday Lockheed’s aeronautics business will deliver the spares in support of the U.S. Air Force‘s F-35 delivery schedules. DoD noted firm-fixed-price order …

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Lockheed Martin’s F-35 to Get AFRL-Built Automatic Anti-Collision System

TYSONS CORNER, VA, Feb. 5, 2018 — Lockheed Martin‘s (NYSE: LMT) F-35 fighter aircraft is set to receive an anti-collision system currently installed on F-16s through a partnership with the Air Force Research Laboratory and the F-35 Joint Program Office, ExecutiveBiz reported Friday. The F-35 JPO said the AFRL-developed Automatic Ground Collision …

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