The Space Development Agency has awarded Lockheed Martin (NYSE: LMT) and York Space Systems contracts worth $281.5M combined to provide space vehicles that will comprise the initial layer of a proposed military satellite network.

Lockheed Martin (NYSE: LMT) is working to accelerate up to $500M in supplier payments as part of the company’s efforts to help government and industry partners in COVID-19 recovery initiatives.

Lockheed Martin (NYSE: LMT) has secured a $911.8M contract modification from the Missile Defense Agency to provide additional development and testing support for the Terminal High Altitude Area Defense system.

Lockheed Martin's (NYSE: LMT) rotary and mission systems business will provide engineering design and development support for the U.S. Navy's submarine fleet under a potential 10-year, $2.22B contract.

The U.S. Air Force's F-22 program office has indicated its intent to procure lead integrator services from Lockheed Martin (NYSE: LMT) to address future modernization requirements for the fifth-generation fighter aircraft. USAF expects to award the Advanced Raptor Enhancement & Sustainment indefinite-delivery/indefinite-quantity contract to Lockheed through a sole-source acquisition process by June next year, according to a presolicitaion notice posted Wednesday.

Lockheed Martin has announced that its efforts under the U.S. Army’s first ground-based integrated signals intelligence, electronic warfare and cyber system will focus on coalition interoperability, C4ISRNET reported Monday. John Wojnar, director for cyber and electronic warfare strategy at Lockheed, stated that the company will integrate its system with international partners and the Army. 

Lockheed Martin (NYSE: LMT) has received a potential 10-year, $62B contract from the U.S. Air Force to build F-16 fighter aircraft for foreign military sales clients.

The U.S. Air Force has indicated its intent to solicit design proposals from Boeing (NYSE: BA), Lockheed Martin (NYSE: LMT) and Raytheon Technologies (NYSE: RTX) for a hypersonic cruise missile technology that can be launched from a fighter or a bomber aircraft.

Lockheed Martin (NYSE: LMT) has received a $181.7M contract modification to provide 39 sonar systems that will be integrated into MH-60R Seahawk maritime helicopters for the U.S. Navy and the governments of India and Denmark.

A Lockheed Martin (NYSE: LMT) executive has said the company submitted a bid to develop a next-generation interceptor system for the Missile Defense Agency to counter adversaries' intercontinental ballistic missiles, Defense News reported Monday.