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Harris Ships 3rd Navigation Payload for Lockheed-Built GPS III Satellites

TYSONS CORNER, VA, Aug. 10, 2017 — Lockheed Martin (NYSE: LMT) has received from Harris (NYSE: HRS) the third of 10 navigation payloads for the Global Positioning System III satellites that will work to build on signal power, accuracy and jamming resistance for the U.S. Air Force, ExecutiveBiz reported Wednesday. Harris said …

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Air Force Moves Launch of 2 Lockheed Martin-Built Satellites to 2018

TYSONS CORNER, VA, Aug. 7, 2017 — Two Lockheed Martin-built (NYSE: LMT) U.S. Air Force satellites have been rescheduled to launch in 2018 aboard United Launch Alliance Atlas V rockets, ExecutiveBiz reported Friday. Spaceflight Now reported Wednesday the fourth Space Based Infrared System missile warning satellite will launch on Jan. 18 instead of Nov. 9 because …

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Lockheed Martin Unveils Future $350M Satellite Production Center in Colorado; Rick Ambrose Comments

TYSONS CORNER, VA, Aug. 4, 2017 — Lockheed Martin (NYSE: LMT) aims to complete the construction of a $350 million satellite production facility in Colorado by 2020 in efforts to support the company’s growing workforce and future projects, ExecutiveBiz reported Wednesday. The future Gateway Center at Lockheed’s Waterton Canyon campus will feature …

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Lockheed Secures $161M Army Tactical Missile Service Life Extension Contract

Lockheed Martin (NYSE: LMT) has landed a $161.4 million contract from the U.S. Army to produce 150 tactical missile systems and guided missile launch assemblies under the ATACMS GMLA Service Life Extension Program. The Defense Department said Wednesday Lockheed will perform work in Texas, Arkansas, Vermont, Colorado, Connecticut, Florida, Missouri and Pennsylvania …

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Lockheed Gets $159M FMS Funds for Phase 2 German P-3C System Refresh

Lockheed Martin (NYSE: LMT) has received a $158.5 million contract modification from the U.S. Navy to conduct phase 2 system upgrade work on Germany’s P-3C Orion maritime surveillance aircraft. The Defense Department said Tuesday Lockheed will update mission computers, acoustic equipment, armament/ordnance systems, displays and controls on eight P-3C planes as part of …

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Navy Awards Lockheed $211M Modification for F-35 Special Equipment Procurement

Lockheed Martin (NYSE: LMT) has received a $211.2 million contract modification from the U.S. Navy to procure non-recurring special tooling and test equipment needed for current and future production of F-35 aircraft. The Defense Department said Monday the modification combines purchases from the U.S. Air Force, Marine Corps, Navy, non-DoD participants and foreign …

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Lockheed Secures $219M Navy Contract Modification for F-35 Sustainment, Logistics Services

Lockheed Martin (NYSE: LMT) has received a $218.7 million contract modification to sustain and perform logistics support for the F-35 Lightning II aircraft of the U.S. Navy, Air Force, Marine Corps, non-Defense Department participants and foreign military sales customers. DoD said Friday Lockheed will carry out ground maintenance; action request resolution; depot activation; …

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Lockheed to Produce 50 Lot 11 F-35s for FMS Clients Under $3.7B Navy Contract Modification

Lockheed Martin (NYSE: LMT) has received a potential $3.69 billion contract modification from the U.S. Navy for the low-rate initial production of 50 lot 11 F-35 Lightning II aircraft for foreign military sales clients. The modification covers the production of 22 F-35A jets for FMS customers, eight F-35As for the Netherlands, six F-35As for Norway, four …

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Lockheed Martin Delivers 1st HIMARS Rocket Launcher Under Army FMS Deal With UAE

TYSONS CORNER, VA, July 28, 2017 — Lockheed Martin (NYSE: LMT) has completed the delivery of the first High Mobility Artillery Rocket System launcher to the Defense Department as part of a U.S. Army foreign military sale to the United Arab Emirates, ExecutiveBiz reported Thursday. The company said Wednesday it builds the HIMARS …

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Lockheed Awarded $86M to Begin Long-Range Anti-Ship Missile Production for Air Force

The U.S. Air Force has awarded Lockheed Martin (NYSE: LMT) an $86.5 million contract modification to build a first batch of precision-guided missile systems designed to identify and destroy sea-based threats. Lockheed’s missiles and fire control business will manufacture 23 Long-Range Anti-Ship Missiles at a company facility in Orlando, Florida, the …

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