Lockheed Martin (NYSE: LMT) has won a potential three-year, $149 million contract to produce AN/SLQ-32 electronic warfare systems and subsystems for the U.S. Navy. The Naval Sea Systems Command received two proposals for the firm-fixed-price contract and will obligate the full contract amount at the time of award, the Defense Department sa...
TYSONS CORNER, VA, Sept. 30, 2016 ” Lockheed Martin (NYSE: LMT) will work with DCNS and Australia’s defense department to integrate combat systems into the country’s future submarines, ExecutiveBiz reported Thursday. The Australian reported Thursday the team will install the combat system with sonars and other features ont...
The White House has approved the requests of Kuwait and Qatar to buy up to 76 Boeing-built (NYSE: BA) F-15 and F/A- 18E/F Super Hornet aircraft worth approximately $7 billion, Reuters reported Wednesday. Andrea Shalal writes the U.S. government also cleared the sale of Lockheed Martin-built (NYSE: LMT) F-16 aircraft to Bahrain un...
TYSONS CORNER, VA, Sept. 27, 2016 ” Lockheed Martin (NYSE: LMT) has delivered Japan’s first F-35A fighter jet and marked the occasion in a ceremony that sought to highlight the Japan and U.S. defense alliance, ExecutiveBiz reported Monday. The company said Friday F-35A maintenance training for the Japan Air Self D...
TYSONS CORNER, VA, Sept. 26, 2016 ” Lockheed Martin (NYSE: LMT) has subcontracted General Atomics‘ electromagnetic systems subsidiary to provide the U.S. Special Operations Command‘s Dry Combat Submersible vehicles with Lithium-ion Fault Tolerant battery systems, ExecutiveBiz reported Friday. The LiFT battery wil...
Lockheed Martin™s (NYSE: LMT) Sikorsky subsidiary has received a potential four-year, $232 million contract modification from the U.S. Navy to provide two CH-53K helicopters designed to operate as system demonstration test article aircraft. Work under the cost-plus-incentive-fee contract modification will occur in various locations wi...
The U.S. Navy has awarded a $43.4 million contract to Boeing (NYSE: BA) and a $43.6 million contract to Lockheed Martin (NYSE: LMT) to provide risk reduction measures for the military branch’s first carrier unmanned aerial vehicle program. Boeing and Lockheed will also refine concepts and develop trade space models to support re...
TYSONS CORNER, VA, Sept. 23, 2016 ” Vencore‘s research arm will build a radio-frequency mapping software under a $5 million subcontract from Lockheed Martin (NYSE: LMT) for support on the Defense Advanced Research Projects Agency‘s Advanced Radio Frequency Mapping program, ExecutiveBiz reported Thursday. Vencore Labs will ...
Lockheed Martin (NYSE: LMT) has received a potential $395 million contract modification to build the ninth and 10th Global Positioning System III space vehicles for the U.S. Air Force. The Air Force exercised an option in a previously awarded GPS III production contract and obligated $373.4 million for the modification from the military branch&...
TYSONS CORNER, VA, Sept. 21, 2016 ” Lockheed Martin (NYSE: LMT) has unveiled a bioenergy plant in New York that works to transform waste into renewable energy using a Concord Blue-built technology platform, ExecutiveBiz reported Tuesday. The technology utilizes the advanced gasification process to produce synthetic gas that could power a c...
