Search Results for: Lockheed

DSCA Details Potential $1B in Missile, Helicopter Service Deals for Iraq

The State Department has approved two foreign military sales agreements with Iraq worth more than $1 billion combined that cover Lockheed Martin-built (NYSE: LMT) defense equipment and logistics support for the country’s rotorcraft from Bell Helicopter. The Defense Security Cooperation Agency said Tuesday that Iraq has asked to buy 5, 000 Lockheed-made AGM-114K/N/R Hellfire missiles, other parts and …

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Kimberly Admire to Lead SAIC’s Human Resources Office; Tony Moraco Comments

Kimberly Admire, formerly vice president of culture, diversity and equal opportunity programs at Lockheed Martin (NYSE: LMT), will take the chief human resources officer role at Science Applications International Corp. (NYSE: SAIC). She will succeed Brian Keenan, who served in that role since 2007, beginning Aug. 11, SAIC said Monday. …

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Ralph Acaba: Raytheon to Build Processor Kits Under Int’l Patriot Engineering Program

Raytheon (NYSE: RTN) will produce radar digital processor kits for Patriot Air and Missile Defense Systems operated by the U.S. and two partner countries under a $235.5 million contract. The company said Wednesday that the full-rate production contract is intended to reduce the number of battery replaceable units from 759 …

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Air Force Picks 10 for $960M NETCENTS-2 Application Services IDIQ

Ten companies will compete for delivery orders to provide application services to the U.S. Air Force for a 10-year period under a potential $960 million contract.  program over a 10-year period. The Defense Department said Monday on its website that the Network-Centric Solutions-2 Application Services contract covers sustainment, integration, migration, training, testing and operational and help desk support. Awardees …

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S. Gordon Walsh to Join DynCorp as CEO; Chan Galbato Comments

S. Gordon Walsh, a 16-year veteran of L-3 Communications (NYSE: LLL), will join DynCorp International on July 21 to succeed Steve Gaffney as CEO of the Falls Church, Virginia-based government contractor. Walsh holds more than two decades of leadership experience in the aerospace and defense sectors, DynCorp said Friday. “His …

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Air Force Picks 14 Firms for $494M Hosted Payload IDIQ

The U.S. Air Force has awarded positions on a potential $494 million contract to 14 companies for products and services to help the government obtain commercial hosting tools for its payloads. The firm-fixed-price, indefinite-delivery/indefinite-quantity contract has a five-year ordering period and covers work through Jan. 31, 2029, the Defense Department …

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Chris Bogdan: F-35 Industry Partners to Make ‘Upfront Investment’ Under Cost Reduction Deal

Lockheed Martin (NYSE: LMT) and its two primary industry partners in the F-35 program have signed an agreement with the Defense Department to develop strategies aimed at reducing F-35’s production costs. The Blueprint for Affordability deal aims to bring the “fifth-generation” fighter aircraft program at a “fourth-generation” price point by the end …

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Northrop Switches With BAE for Prime Contractor Role in AF T-X Trainer Bid

Northrop Grumman (NYSE: NOC) has taken the prime contractor role in its joint bid with BAE Systems for the potential $11 billion U.S. Air Force T-X trainer contract, Breaking Defense reported Monday. Colin Clark writes Northrop will now lead its partnership BAE, L-3 Link Simulation & Training and Rolls-Royce as they offer BAE’s Hawk trainer jet for the Air …

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Bechtel-Led Consortium Takes Mgmt Responsibility for Y-12, Pantex National Security Sites

A Bechtel-led team has taken over the responsibility for the management and operations of two national security facilities in Tennessee and Texas under a potential 10-year contract with the National Nuclear Security Administration. Consolidated Nuclear Security LLC will oversee the operations of the Oak Ridge, Tennessee-based Y-12 National Security Complex and …

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Northrop Awarded $3.6B to Build 25 Navy Hawkeye Aircraft

Northrop Grumman Corp. (NYSE: NOC) has been awarded a $3.6 billion multiyear contract to build a new batch of Hawkeye aircraft for the U.S. Navy. Northrop will work to build 25 new E-2D Advanced Hawkeyes and incorporate a rotating rotodome and four vertical stabilizer tail configuration into the aircraft for …

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