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Search Results for: Lockheed

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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Lockheed to Continue Navy Submarine Engineering Support Under $120M Contract Modification

Lockheed Martin (NYSE: LMT) has received a $119.7 million contract modification to help the U.S. Navy integrate visual systems and other components into submarines. The Defense Department said Monday Lockheed’s rotary and mission systems unit will perform design, development, test, reverse engineering, technology insertion/refreshment, field engineering and system support under …

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Lockheed Martin Building Full-Scale Deep Space Habitat Prototype for NASA

TYSONS CORNER, VA, July 24, 2017 — Lockheed Martin (NYSE: LMT) is working to build a prototype cislunar habitat that would house astronauts during extended missions as part of NASA‘s Next Space Technologies for Exploration Partnerships effort, ExecutiveBiz reported Friday. The company said Thursday its full-scale NextSTEP-2 prototype is a refurbished Donatello Multi-Purpose …

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Lockheed Secures $75M Option on Air Force C-130J Sustainment Contract

Lockheed Martin (NYSE:LMT) has received a $74.7 million contract modification to support long-term sustainment work on the U.S. Air Force‘s fleet of C-130J military transport aircraft. The modification exercises the first option under a previously awarded indefinite-delivery/indefinite-quantity contract and covers inventory control point management, sustaining engineering, repair of reparables, technical data, …

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Lockheed to Help Navy Deploy Aegis Combat Systems Under $93M Contract Modification

Lockheed Martin (NYSE: LMT) has received a one-year, $93.5 million contract modification to complete the development and fielding of the Aegis Weapon System and integrated Aegis Combat System on three of the U.S. Navy‘s Arleigh Burke-class destroyers. The Defense Department said Friday the contract covers follow-on support services for USS Thomas Hudner, USS Paul …

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Lockheed Secures $192M in Navy Aegis Combat System Modernization Funds

Lockheed Martin (NYSE: LMT) has received a potential $192.3 million contract modification from the U.S. Navy for production support to the Aegis combat system modernization effort in fiscal 2017. The Defense Department said Thursday Lockheed’s rotary and mission systems business will perform work in Moorestown, New Jersey; Clearwater, Florida; and Owego, New York …

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