Search Results for: lockheed martin

Lockheed Martin Books Spot on Billion-Dollar C4ISR Deal

Lockheed Martin (NYSE: LMT) was selected by SPAWAR as one of four companies that will bid for situational awareness enhancement work on U.S. Navy ships, submarines and shore stations. The three-year ID/IQ carries an $831 million ceiling value, and a single two-year option period that would raise the ceiling to …

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Lockheed Martin Secures 5 Defense Work Orders

According to the Department of Defense, “Lockheed Martin (NYSE: LMT) was awarded a $26, 743, 947 modification to previously awarded contract (N00024-09-C-5110) for the option exercise of the DDG 114 Aegis weapon system, including a multi-mission signal processor, and associated special tooling and special test equipment.  Work will be performed …

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Lockheed Martin Snares Army Contract

According to the Department of Defense, “Lockheed Martin (NYSE: LMT) was awarded a $22, 197, 000 cost-plus-fixed-fee contract.  The award will provide for upgrade kits including installation and training for Multiple Launch Rocket System M270 launchers to meet the requirements of the Universal Fire Control System.  Work will be performed …

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Lockheed Martin Books Navy Win

According to the Department of Defense, “Lockheed Martin (NYSE: LMT) is being awarded a $21, 867, 788 modification to a previously awarded firm-fixed-price contract (N00019-10-C-0092) to exercise an option for the procurement of 7, 665 enhanced laser guided training round Paveway II units for the Navy (7, 217) and the …

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Lockheed Martin Sells PAE Business

Lockheed Martin (NYSE: LMT) has reached an agreement to sell its Pacific Architects and Engineers Incorporated business to Lindsay Goldberg, LLC. “Our decision to divest PAE followed a comprehensive review of our portfolio to find ways to continuously provide the best, most affordable solutions for our customers, a secure future …

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Lockheed Martin Inks Air Force Contract

According to the Department of Defense, “Lockheed Martin (NYSE: LMT) was awarded a $19, 800, 000 contract modification for a Foreign Military Sales program which will provide the government of Egypt with peculiar support equipment and country standard technical orders.  At this time, $7, 140, 000 has been obligated. ASC/WWMK, …

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Lockheed Martin Pins Down Navy Deal

According to the Department of Defense, “Lockheed Martin (NYSE: LMT) is being awarded a $13, 445, 304 modification to previously awarded contract (N00024-07-C-5202) for engineering services in support of the Navy’s AN/SQQ-89A(V)15 Undersea Warfare System.  The AN/SQQ-89A(V)15 is a surface ship combat system with the capabilities to search, detect, classify, …

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Lockheed Martin Ships First Orion Crew Module Spacecraft Structure

Lockheed Martin’s (NYSE: LMT) Orion team sent out the first Orion crew module spacecraft structure from NASA’s Michoud Assembly Facility in New Orleans. Upon arrival in Denver, it will be integrated with the heat shield and thermal protection backshell before undergoing environmental testing. “This is a significant milestone for the …

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Lockheed Martin Books $340 Million Navy Option

Lockheed Martin (NYSE: LMT) picked up a $339.6 million option from the Navy for the fifth satellite in the Mobile User Objective System constellation. MUOS will replace the current Ultra High Frequency Follow-On  system and provide assured communications, including simultaneous voice, video and data, for mobile warfighters. “MUOS will provide …

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Lockheed Martin Sets Sail with Dual Navy Deals

According to the Department of Defense, “Lockheed Martin (NYSE: LMT) is being awarded a $48, 443, 311 modification to previously awarded contract (N00024-07-C-5201) for exercise of fiscal year 2011 options for the Navy’s AN/SQQ-89A(V)15 undersea warfare system.  The AN/SQQ-89A(V)15 is a surface ship combat system with the capabilities to search, …

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