Author: Mary-Louise Hoffman|| Date Published: July 26, 2017
The U.S. Air Force has awarded Lockheed Martin (NYSE: LMT) an $86.5 million contract modification to build a first batch of precision-guided missile systems designed to identify and destroy sea-based threats.
Lockheed’s missiles and fire control business will manufacture 23 Long-Range Anti-Ship Missiles at a company facility in Orlando, Florida, the Defense Departmentsaid Tuesday.
The company was awarded a $321.8 million sole-source contract in May last year to support the flight test and integration of LRASM technology onto the Air Force’s B-1B bomber and the U.S. Navy‘s F/A-18E/F fighter aircraft.
Work under the modification is scheduled to finish Sept. 29, 2019.
Textron plans to separate its industrial segment from its aerospace and defense businesses. The Providence, Rhode Island-headquartered firm said Thursday…
OSIbeyond has introduced a compliance-as-a-service, or CaaS, offering designed to help defense contractors secure and maintain Cybersecurity Maturity Model Certification.…
Raytheon, an RTX business, has received a $206.2 million contract from the U.S. Navy to integrate advanced Global Positioning System capabilities into…
The U.S. Air Force has awarded Lockheed Martin (NYSE: LMT) an $86.5 million contract modification to build a first batch of precision-guided missile systems designed to identify and destroy sea-based threats.
