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Lockheed Wins $81M MDA Ballistic Re-Entry Vehicle Production Contract

Lockheed Martin (NYSE: LMT) has won a potential five-year, $80.6 million contract from the Missile Defense Agency to develop modified ballistic re-entry vehicle and separation modules. The Defense Department said Tuesday Lockheed’s space systems business will also manufacture, store and monitor the delivered modules, as well as maintain software and hardware and transport …

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Lockheed Gets $122M Navy Tech Engineering Contract Modification

Lockheed Martin (NYSE: LMT) has landed a potential $122.3 million contract modification to continue to provide engineering services for the U.S. Navy‘s Technical Insertion 18-20 Acoustic Rapid Commercial Off-the-Shelf Insertion program. The Defense Department said Monday Lockheed’s rotary and mission systems unit will conduct work under the modification through December 2018 in …

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Lockheed Gets $93M Navy Contract Modification for MUOS Satellite Support Services

Lockheed Martin (NYSE:LMT) has received a $92.9 million modification from the U.S. Navy to provide engineering and interim logistics services for the Mobile User Objective System. The company will also supply spares and associated material in support of the MUOS military satellite communications system, the Defense Department said Thursday. MUOS is designed to help mobile forces …

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Report: Germany Eyes Lockheed’s F-35 for New Fighter Fleet

TYSONS CORNER, VA, Nov. 13, 2017 — Lockheed Martin‘s (NYSE: LMT) F-35 fighter jet is a prospective replacement for the German air force’s fleet of Panavia Tornado fighter aircraft, ExecutiveBiz reported Friday. IHS Jane’s Defense Weekly reported Wednesday Germany looks to consider F-35 as its preferred choice among the platforms indicated in a …

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Report: UAE, Lockheed Seal $1.6B F-16 Upgrade Deal

Lockheed Martin (NYSE: LMT) has secured a potential $1.6 billion order to perform upgrades to the United Arab Emirates’ F-16 fighter aircraft, The National reported Sunday. The report said UAE’s armed forces entered numerous defense deals with U.S. companies, which include an agreement for Lockheed to modernize 80 F-16s. Lockheed CEO …

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Lockheed Lands $386M Contract Modification to Support Air Force ICBM Re-Entry System

Lockheed Martin (NYSE: LMT) has received a potential $386 million contract modification from the U.S. Air Force to continue support work on the military branch’s intercontinental ballistic missile system. The Defense Department said Wednesday Lockheed’s space systems business will support the re-entry systems and vehicle subsystems of the Minuteman III ICBM. USAF awarded the …

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Postal Service Taps Lockheed for $215M Package Sorting Tech Supply IDIQ

Lockheed Martin (NYSE: LMT) has received a potential $215 million contract to provide automated package processing systems to the U.S. Postal Service. The company said Tuesday it will supply as many as 10 Enhanced Package Processing Systems to USPS under the indefinite-delivery/indefinite-quantity contract to help the agency automatically separate mail pieces, reading materials, handwritten addresses, …

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Lockheed Execs Host Mike Pence, Heather Wilson in October Visit to Colorado Campus

TYSONS CORNER, VA, Nov. 7, 2017 — Lockheed Martin (NYSE: LMT) CEO Marillyn Hewson and Space Systems Executive Vice President Rick Ambrose hosted Vice President Mike Pence and U.S. Air Force Secretary Heather Wilson during their visit to a company facility in Colorado in late October, ExecutiveBiz reported Oct. 27. The Denver …

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Lockheed Gets $260M Modification on Greek P-3B Aircraft Modernization Contract

Lockheed Martin (NYSE: LMT) has received a potential $260 million contract modification from the U.S. Navy to help modernize four P-3B maritime patrol aircraft for the government of Greece. The Defense Department said Monday Lockheed’s aeronautics business unit will support phased depot maintenance as well as avionics and country-specific mission and management systems …

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Lockheed Continues Partnership With Navantia on Surface Ships, Naval Combat Systems

TYSONS CORNER, VA, Oct. 30, 2017 — Lockheed Martin (NYSE: LMT) and Spain’s Navantia shipbuilder have entered into a renewed partnership to explore possible business opportunities in naval combat systems and surface ships, ExecutiveBiz reported Friday. The alliance will also work to deliver the Aegis Combat System and Spain-made sensors and …

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