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Search Results for: Lockheed

Report: Lockheed Part of DoD Effort to Get Complete View of Defense Supply Chain

TYSONS CORNER, VA, October 23, 2018 — Lockheed Martin (NYSE: LMT) is working on a pilot program with the Defense Department and industry partners with the aim to establish a “comprehensive” view of the defense supply chain amid concerns over possible foreign infiltration, ExecutiveBiz reported Monday. Fifth Domain reported Sunday …

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Prime Contractor Lockheed Selects Companies for Payload Competition on Future USAF Missile Warning Satellite

TYSONS CORNER, VA, October 8, 2018 — Lockheed Martin (NYSE: LMT) has named Raytheon (NYSE: RTN) and a partnership between Northrop Grumman (NYSE: NOC) and Ball Aerospace as potential suppliers of mission payloads for the U.S. Air Force‘s Next Generation Overhead Persistent Infrared geosynchronous Earth orbit satellite, ExecutiveBiz reported Friday. The …

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Lockheed Gets $391M Air Force Contract to Build Additional Extended-Range Cruise Missiles

Lockheed Martin (NYSE: LMT) has received a three-year, $390.7M contract from the U.S. Air Force to produce lot 16 Joint Air-to-Surface Standoff Missile systems. The company will provide 360 extended-range JASSMs, as well as three separation test vehicles and one flight test vehicle, tooling and test equipment for foreign military sales customers …

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Lockheed Presents Concept for Reusable Crewed Lunar Lander

TYSONS CORNER, VA, October 5, 2018 — Lockheed Martin (NYSE: LMT) has unveiled a new concept for a reusable spacecraft that could operate with NASA‘s planned Lunar Orbital Platform-Gateway in support of future crewed missions to the moon and Mars, ExecutiveBiz reported Thursday. The company said Wednesday the single-stage lunar lander …

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Lockheed, Navy Seek to Combine ML & Robotics for 3D Printing Process

TYSONS CORNER, VA, October 3, 2018 — Lockheed Martin (NYSE: LMT) is studying the possible uses of machine learning and robotics to support additive manufacturing as part of work required under a $5.8M U.S. Navy contract, ExecutiveBiz reported Tuesday. The company said Monday its Advanced Technology Center will work with the …

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Lockheed, DoD Finalize $11.5B Contract for Lot 11 F-35s; Greg Ulmer Quoted

Lockheed Martin (NYSE: LMT) and the Defense Department have sealed a potential $11.5B deal for the company to build 141 lot 11 F-35 fighter jets for the U.S. and foreign allies. The contract includes the delivery of 91 low-rate initial production F-35s for U.S. service branches, 28 jets for international partners and …

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Lockheed Opens Orlando Innovation Center With 5 Specialized Labs

TYSONS CORNER, VA, September 27, 2018 — Lockheed Martin (NYSE: LMT) has unveiled a new innovation center in Florida that is aimed to accommodate an estimated 5K employees and house five laboratories to support research and development efforts, ExecutiveBiz reported Wednesday. The company said Tuesday the 6.5K-square-foot facility, which is located …

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Lockheed to Build Two GPS IIIF Satellites Under $1.3B Air Force Contract

Lockheed Martin (NYSE: LMT) has received a potential nine-year, $1.3B contract to produce the 11th and 12th GPS IIIF satellites for the U.S. Air Force. The contract includes space vehicle test bed and simulators, nonrecurring engineering support, launch and on-orbit services, space vehicle storage and options for up to 22 GPS III …

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Cubic to Deliver Air Combat Training System for Lockheed’s F-35; Dave Buss Quoted

TYSONS CORNER, VA, September 26, 2018 — A Cubic (NYSE: CUB) business unit has secured a contract from Lockheed Martin (NYSE: LMT) to provide air combat training technology for the latter’s F-35 Lightning II Lots 12 to 14 aircraft, ExecutiveBiz reported Thursday. Cubic Global Defense will supply an estimated 500 F-35 …

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Lockheed to Produce Mobile Rocket Launchers for Army Under $289M Contract

Lockheed Martin (NYSE: LMT) has received a $289M contract to provide 24 High Mobility Artillery Rocket Systems and related equipment to the U.S. Army. Production of HIMARS launchers will occur at the company-operated Precision Fires Center of Excellence facility in Camden, Ark., Lockheed said Tuesday. Contract work is scheduled for completion in July …

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