Search Results for: Lockheed

Leidos, Lockheed Vet Sharon Watts Appointed Constellis Chief Administrative Officer; Tim Reardon Quoted

Sharon Watts, formerly an executive at Leidos (NYSE: LDOS) and Lockheed Martin (NYSE: LMT), has joined Constellis as chief administrative officer. Constellis CEO Tim Reardon said in a statement released Monday Watts brings to the company “a strong background in information systems, human resources, staffing and optimizing merger and acquisition synergies.” She …

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Lockheed to Update Navy Surface EW Subsystems Under $184M Contract Modification

Lockheed Martin‘s (NYSE: LMT) rotary and mission systems business has received a $184.1M firm-fixed-price contract modification to update subsystems of the U.S. Navy‘s AN/SLQ-32(V) electronic warfare system. The Navy issued the award to exercise options under a previously award contract for Block 2 full-rate production as part of the Surface Electronic …

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Lockheed Books $712M Hardware Delivery Order Under F-35 Tech Refresh Program

Lockheed Martin‘s (NYSE: LMT) aeronautics business has received a $712.4M delivery order from the U.S. Navy to design and develop hardware for the F-35 Technology Refresh 3 system. The company will support flightworthy certification, production readiness review and fleet release of the system for use in lot 15 fighter jets, the Department …

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Lockheed Gets $462M Contract to Help Sustain Air Force GPS Control Segment

Lockheed Martin (NYSE: LMT) has secured a potential seven-year, $462M contract to sustain the operational control segment of the U.S. Air Force‘s Global Positioning System satellites. The company will also help the military service incorporate GPS Acquisition Category III programs onto the OCX platform, perform non-recurring engineering services and studies, and maintain hardware, software …

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Lockheed Receives $1.8B Contract to Build PAC-3 Missiles for Army, Foreign Military Clients

Lockheed Martin (NYSE: LMT) has landed a potential $1.8B contract to produce and deliver missile interceptor systems to the U.S. Army and foreign military sales customers. The company said Friday it will supply Patriot Advanced Capability-3 and PAC-3 Missile Segment Enhancement interceptors along with launcher modification and related kits. Jay Pitman, vice president …

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Navy Taps Lockheed, ERAPSCO for Potential $221M Sonobuoy Supply IDIQ

ERAPSCO and Lockheed Martin (NYSE: LMT) have been awarded spots on a potential $220.8M contract to supply the U.S. Navy with sonobuoys. The service intends to buy up to 18K AN/SSQ-125A units through the issuance of delivery orders under the indefinite-delivery/indefinite-quantity contract, the Department of Defense said Thursday. ERAPSCO, a joint …

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Lockheed Secures $167M Contract to Develop US, UK Ballistic Missile Navigation Subsystem

Lockheed Martin (NYSE: LMT) has received a potential $167.1M contract from the U.S. Navy to provide a submarine-launched ballistic missile system’s navigation technology. The company’s rotary and mission systems business will deliver the Trident II D5 Strategic Weapon System component for submarines of the Navy’s Columbia class and the U.K.’s Dreadnought class, the Department of Defense said Wednesday. …

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Lockheed Awarded $99M USAF Contract to Boost JASSM, LRASM Missile Production Rates

Lockheed Martin (NYSE: LMT) has received a potential $99.2M contract to purchase tools and equipment needed to maximize the production rate of Joint Air-to-Surface Standoff Missiles and Long Range Anti-Ship Missiles for the U.S. Air Force. Work will take place in Orlando, Fla., through Feb. 28, 2022, the Department of Defense said Wednesday. The Air Force …

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Lockheed to Help MDA Build Homeland Defense Radar Under $585M Delivery Order

Lockheed Martin (NYSE: LMT) has secured a potential five-year, $585.2M delivery order from the Missile Defense Agency to design and produce a homeland defense radar system for installation in Oahu, Hawaii. MDA obligated $51.4M in initial research development test and evaluation funds for project that commenced Tuesday and will continue …

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Lockheed Secures $92M Contract to Update H-60 Helicopters for Navy, Int’l Clients

Lockheed Martin (NYSE: LMT) has secured a potential $92.5M contract to provide support services for H-60 multirole helicopters of the U.S. Navy as well as Australia, Denmark and Saudi Arabia under the foreign military sales program. The company will update, implement and maintain H-60 software and systems configurations under the cost-plus-fixed-fee contract, the …

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