Author: Jane Edwards|| Date Published: March 12, 2021
Lockheed Martin (NYSE: LMT) has received a potential $1.54 billion contract modification to design, build and integrate equipment in support of flight test demonstrations of the U.S. Navy’s missile system.
The company’s space business will perform work in Colorado, California, Utah, Massachusetts, New York, Alabama, Maryland, Arizona, Louisiana, Connecticut and other locations through Feb. 25, 2024, the Department of Defense said Thursday.
The modification falls under a previously awarded contract that has a total cumulative face value of $2.82 billion.
Lockheed was awarded a potential $846 million contract modification in February 2019 to develop and integrate large diameter rocket motors and related support equipment for the Navy’s Intermediate Range Conventional Prompt Strike Weapon System flight demo and another $406 million modification in August 2019 in support of the U.S. Army’s strike weapon flight tests.
Redhawk Federal Solutions has acquired Twenty8 Technology to expand its data interoperability and artificial intelligence and machine learning engineering capabilities.…
Antenna Research Associates has appointed Jay Abendroth, a seasoned defense electronics executive, as chief growth officer to lead business development…
Precise Systems has appointed Michael “Mike” Risik as vice president of business development. The Lexington Park, Maryland-based company said Wednesday Risik will…