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Search Results for: Lockheed

Saudi Arabia’s defense minister visits Lockheed’s Silicon Valley facility; Marillyn Hewson comments

TYSONS CORNER, VA, April 10, 2018 — Saudi Arabia’s Defense Minister Crown Prince Mohammed bin Salman has toured Lockheed Martin’s (NYSE: LMT) Sunnyvale, California, facility that houses the company’s satellite programs and missile defense technology, ExecutiveBiz reported Monday. Lockheed said Friday the visit included a walk-through of a test facility …

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Lockheed Lands $117M Award for Dutch Apache Laser Rangefinder Tech

Lockheed Martin (NYSE: LMT) has received a $116.9 million U.S. Army contract modification to provide Modernized Laser Range Finder Designators for integration into the Dutch military’s AH-64 Apache helicopter. The company will perform work at its Orlando, Florida, facility through Aug. 31, 2020, the Defense Department said Thursday. The Army obligated the modification’s full value at the …

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Lockheed Gets $247M NASA Supersonic X-Plane Development Contract

Lockheed Martin (NYSE: LMT) has received a potential $247.5 million contract to design, build and test a supersonic aircraft for NASA. NASA said Tuesday the cost-plus-incentive-fee contract calls for the development of a Low-Boom Flight Demonstration aircraft, dubbed X-plane, designed to travel at a speed of about 940 miles per hour at …

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Lockheed Secures $211M Navy Contract for F-35 Common System Pre-Modernization Efforts

Lockheed Martin (NYSE: LMT) has secured a $211.3 million contract from the U.S. Navy to conduct pre-modernization work on F-35 Block 4.1 common systems. Efforts under the contract will be part of the F-35 preliminary design review for the U.S. Air Force and international partners, the Defense Department said Monday. The Naval Air …

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Lockheed Gets $120M Navy Contract Modification for EW Block 2 System Production

Lockheed Martin‘s (NYSE: LMT) rotary and mission systems business has received a $119.6 million contract modification to produce electronic warfare subsystems for the U.S. Navy. The modification represents options under a previously awarded contract and covers the full-rate production of AN/SLQ-32(V)6 Block 2 subsystems under the Surface Electronic Warfare Improvement Program, the  Defense Department said …

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Lockheed, Poland Seal PAC-3 MSE Missile Deal

Poland and Lockheed Martin (NYSE: LMT) have signed an agreement for the company to build Patriot Advanced Capability-3 Missile Segment Enhancement missiles and associated equipment for the Polish military. Lockheed said Wednesday Poland will be its fifth international customer to procure PAC-3 MSE missiles. The system is designed to engage ballistic missiles, cruise missiles …

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Lockheed’s Cyber Platform Helped DHS Analyze Russia-Linked Critical Infrastructure Attacks

TYSONS CORNER, VA, March 28, 2018 — Lockheed Martin‘s (NYSE: LMT) Cyber Kill Chain framework supported the Department of Homeland Security in analyzing alleged state-sponsored Russian hackers’ cyber attacks on U.S. government entities and organizations in the energy, nuclear, commercial facilities, water, aviation and critical manufacturing sectors, ExecutiveBiz reported Tuesday. DHS’ …

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Lockheed to Develop Surface Ship Undersea Warfare Tech for Navy, Japan Under Potential $701M Contract

Lockheed Martin‘s (NYSE: LMT) rotary and mission systems business has secured an eight-year, $700.8 million contract to build surface ship undersea warfare systems for the U.S. Navy and Japan. The company will develop, integrate, produce and test future advanced capability build and technical insertion baselines of AN/SQQ-89A(V)15 USW systems, the Defense …

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Report: Poland Inks Offset Deals With Lockheed, Raytheon for Patriot Missile System

Poland has signed potential 10-year offset agreements with Raytheon (NYSE: RTN) and Lockheed Martin (NYSE: LMT) related to the European country’s planned procurement of the Patriot missile system, The Times of Israel reported Friday. “The offset agreements for the Wisla program are signed… This is the final step before signing …

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Cubic Part of Lockheed’s Team on Army Training Equipment Sustainment Deal; Dave Buss Comments

TYSONS CORNER, VA, March 22, 2018 — A Cubic (NYSE: CUB) business unit will work to support Lockheed Martin (NYSE: LMT) in the sustainment of U.S. Army instrumentation systems and live-fire ranges through an estimated $185 million subcontract, ExecutiveBiz reported Wednesday. Cubic said Tuesday Cubic Global Defense will perform work as part …

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