Search Results for: lockheed martin

Lockheed Martin Books Massive $789 Million Missile Defense Deal

Lockheed Martin (NYSE: LMT) reached a deal with the Missile Defense Agency worth $789.8 million to cover production of the Terminal High Altitude Area Defense Weapon System. According to the firm, “the contract includes $694.9 million and for the production of 48 THAAD interceptors, six THAAD launchers, four fire control …

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Lockheed Martin Wins Navy Contract

According to the Department of Defense, “Lockheed Martin (NYSE: LMT) is being awarded a $7, 907, 803 firm-fixed-price and cost-plus-fixed-fee option exercise modification to previously awarded contract (N00024-08-C-6282) for the production and support of multi-function towed arrays for the AN/SQQ-89A(V)15 antisubmarine warfare combat systems.  The multi function towed array is …

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Double the DoD Work for Lockheed Martin

According to the Department of Defense, “the Missile Defense Agency is awarding Lockheed Martin (NYSE: LMT) a fixed-price incentive and cost-plus-fixed-fee modification with a total value of $694, 964, 438 under Missile Defense Agency contract HQ0147-07-C-0196.  The modification will include the definitization of an undefinitized contract action with a not-to-exceed …

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Score Four DoD Deals for Lockheed Martin

According to the Department of Defense, “Lockheed Martin (NYSE: LMT) is being awarded a $376, 621, 375 modification to previously awarded contract (N00024-11-C-2300) to contractually authorize fiscal 2011 Littoral Combat Ship (LCS) construction.  Work will be performed in Marinette, Wis. (56 percent); Walpole, Mass. (14 percent); Washington, D.C. (12 percent); …

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Lockheed Martin Team Books $376 Million LCS Contract

An industry team led by Lockheed Martin (NYSE: LMT) secured a $376 million construction deal from the Navy. With the deal in place the team will build America’s seventh Littoral Combat Ship. According to the firm, “the fixed-price-incentive-fee contract provides funding for the second of 10 ships the Navy awarded …

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Lockheed Martin Inks Pair of Defense Deals

According to the Department of Defense, “Lockheed Martin (NYSE: LMT) is being awarded a $135, 504, 076 not-to-exceed undefinitized contract action to procure 14 outer wing assembly kits for the Navy P-3C aircraft, including engineering analysis support, integrated logistics support and associated technical data.  Work will be performed in Marietta, …

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Lockheed Martin Pens Subcontract with Northrop Grumman

Lockheed Martin (NYSE: LMT) signed a $12.5 million, one-year subcontract from Northrop Grumman (NYSE: NOC) for “refurbishment of reentry vehicle arming and fuzing assemblies for the U.S. Air Force’s Minuteman III Intercontinental Ballistic Missile system.” As part of the deal, the firm will replace components, refurbish and test the assemblies. …

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Lockheed Martin Wraps Up C4ISR Mission System Pallet Delivery

Lockheed Martin (NYSE: LMT) delivered the final C4ISR mission system pallet for the U.S. Coast Guard’s Medium Range Surveillance aircraft. The delivery was the ninth of the order under a $41 million deal awarded in 2008. “By collaborating closely with Coast Guard personnel throughout the process and incorporating their ideas …

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Lockheed Martin Grabs DoD Work

According to the Department of Defense, “Lockheed Martin (NYSE: LMT) is being awarded an $8, 881, 386 firm-fixed-price contract modification for C-5 RERP Lot 4 readiness spares package, part two, for Dover and Travis Air Force Bases.  One bid was solicited and one received.  ASX/WLSK, Wright-Patterson AFB, Ohio, is the …

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Lockheed Martin Moves Forward with Pair of Army Deals

According to the Department of Defense, “Lockheed Martin (NYSE: LMT) was awarded a $9, 262, 000 firm-fixed-price contract.  The award will provide for reset support to include inspection, refurbishment, and removal of sand, dust and foreign material intrusion to the Apache modernized designation sight and pilot night vision sensor.  Work …

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