Home / Search Results for: Lockheed (page 10)

Search Results for: Lockheed

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 …

Read More »

Lockheed Secures $1.6B Contract to Produce Counterfire Radar Tech for Army

Lockheed Martin (NYSE: LMT) has received a $1.59 billion contract to produce and deploy counterfire target acquisition radar systems for the U.S. Army. Work under the order dependent contract will run through March 29, 2022, and locations and funds will be provided with each order, the Defense Department said Thursday. The Army Contracting Command awarded …

Read More »

Lockheed, Northrop Integrate Tech for Army Modular Active Protection System Demonstrator

TYSONS CORNER, VA, March 30, 2017 — Lockheed Martin (NYSE: LMT) and Northrop Grumman (NYSE: NOC) have performed initial integration of their respective technologies for a soft-kill demonstrator of the U.S. Army‘s Modular Active Protection System, ExecutiveBiz reported Wednesday. Lockheed said Tuesday its Open Architecture Processor as well as Northrop’s Multifunction Electro-Optic System and Passive Infrared …

Read More »

MDA Awards Lockheed $274M Contract to Build Lot 9 THAAD Interceptors

Lockheed Martin (NYSE: LMT) has landed a $273.5 million sole-source contract from the Missile Defense Agency to produce additional interceptors for the agency’s anti-ballistic missile system. The Defense Department said Tuesday the contract covers the lot 9 production of interceptors, one-shot devices and associated production support services for the Terminal High …

Read More »

LCS Built by Lockheed-Led Industry Team Completes Navy Qualification Trials

TYSONS CORNER, VA, March 28, 2017 — The U.S. Navy has conducted qualification trials on the USS Detroit littoral combat ship built by a Lockheed Martin-led (NYSE: LMT) industry team to check the vessel’s combat system, ExecutiveBiz reported Monday. The service branch said Friday the Freedom-class LCS 7 completed tests including firing exercises against high-speed …

Read More »

Lockheed Plans New Johnstown, PA Facility for F-35 Parts Production; Ed Sheehan Comments

TYSONS CORNER, VA, March 27, 2017 — A subsidiary of Lockheed Martin (NYSE: LMT) will lease a 35,000-square-foot facility in Johnstown, Pennsylvania, as part of company plans to expand production of F-35 parts and components, ExecutiveBiz reported Friday. The Tribune-Democrat reported Friday Lockheed’s AeroParts business also aims to deploy more equipment and open at …

Read More »

Report: Lockheed Aims to Save $5B on F-35 Program Amid Lot 11 Contract Negotiations

Lockheed Martin (NYSE: LMT) has initiated talks with suppliers to generate $5 billion in cost savings on the F-35 program as the company negotiates a contract to produce the 11th batch of fighter jets, Bloomberg reported Tuesday. Julie Johnsson and Anthony Capaccio write Lockheed CEO Marillyn Hewson, also an inductee into …

Read More »

Lockheed Gets $99M Modification on Navy EW System Upgrade Contract

Lockheed Martin‘s (NYSE: LMT) rotary and mission systems business has secured a $98.5 million contract modification to update the U.S. Navy‘s AN/SLQ-32 electronic warfare system. The Defense Department said Friday the modification covers full-rate production of the Surface Electronic Warfare Improvement Program‘s Block 2 subsystems. Block 2 is designed to provide updated …

Read More »

Reuters: Germany Eyes $966M Lockheed C-130J Aircraft Procurement

Germany looks to procure six C-130J Super Hercules airlifters worth approximately $966 million from Lockheed Martin (NYSE: LMT) as part of a joint operating agreement with France, Reuters reported Friday. Andrea Shalal writes Germany aims to send a formal request to the U.S. government in 2019 to buy C-130Js in support of European defense cooperation efforts. The report said France …

Read More »

Lockheed Secures Potential $347M Contract to Continue Support for DoD Cybercrime Center

Lockheed Martin (NYSE: LMT) has received a potential five-year, $347 million contract from the General Services Administration to provide a range of technical, functional and managerial support services at the Defense Department‘s cybercrime center. The contract covers Defense Cyber Crime Center services such as leadership and staffing for the DoD Collaborative Information Sharing Environment, Defense Computer …

Read More »