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Lockheed Eyes $15B Export Potential for ‘Made in India’ F-16 Jets

TYSONS CORNER, VA, Aug. 5, 2016 — Lockheed Martin (NYSE: LMT) anticipates $15 billion in potential exports of the F-16 fighter jet with the proposed transfer of that aircraft’s production to India, ExecutiveBiz reported Thursday. The Economic Times reported Thursday that an F-16 production line in India could lead to export sales of …

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Lockheed Receives $102M Navy Delivery Order for F-35 Software Data Loads

Lockheed Martin (NYSE: LMT) has received a $101.9 delivery order from the U.S. Navy to produce F-35 aircraft software data loads in support of verification and validation testing efforts at the military branch’s F-35 Reprogramming Center West. The company will also provide technical support to help the service branch design, test and …

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Lockheed-Built F-35A Achieves Initial Operational Capability

TYSONS CORNER, VA, Aug. 4, 2016 — The Lockheed Martin-built F-35A has reached initial operational capability after completing system tests and meeting requirements set by the U.S. Air Force, Executive Gov reported Wednesday. The Air Force said Tuesday Gen. Hawk Carlisle, commander of the Air Combat Command, declared the F-35A “combat ready” alongside …

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Lockheed’s F-35 Performs 1st Air-to-Air Kill Test Against Drone

TYSONS CORNER, VA, Aug. 3, 2016 — Lockheed Martin (NYSE: LMT) and the U.S. Air Force have concluded the first live air-to-air kill test of the company’s F-35 fighter jet against a drone over a military test range near California, ExecutiveBiz reported Tuesday. The F-35 Joint Program Office said Monday the F-35 fired an AIM-9X missile …

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Leidos Views Doubled Scale in Lockheed IS&GS Merger as Buffer to Agency Spending Shifts

Leidos Holdings‘ (NYSE: LDOS) impending merger with the information systems and global solutions segment of Lockheed Martin (NYSE: LMT) seeks to both diversify customer mix and lower risk to potential spending downturns in fewer market areas for the future combined company, Leidos CEO Roger Krone told investors at the New York Stock Exchange Monday. Reston, Virginia-based Leidos expects 2017 …

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Navy Awards Lockheed Potential $68M IDIQ to Update MH-60R Radar Systems

Lockheed Martin (NYSE: LMT) has secured a $67.6 million contract to engineer, manufacture and deliver automatic radar periscope detection and discrimination multi-mode radar kits to the U.S. Navy. The Defense Department said Thursday Lockheed’s mission systems and training business unit will produce up to 103 AN/APS-153(V)1 radar kits for integration into the service branch’s fleet …

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