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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...
TYSONS CORNER, VA, Sept. 20, 2016 ” Lockheed Martin (NYSE: LMT) will provide logistics, sustainment and other services in support of the Space-Based Infrared System under a $45 million contract from the U.S. Air Force, ExecutiveBiz reported Monday. The Defense Department said Friday Lockheed will work to help analyze potential fa...
Lockheed Martin (NYSE: LMT) has been awarded an $87.6 million contract with the U.S. Air Force to produce additional Paveway II Plus laser guided bomb kits. The company said Monday it will supply guidance and tail assemblies for GBU-10 and GBU-12 LGB configurations under the follow-on contract. Joe Serra, director of precision guided ...
Lockheed Martin (NYSE: LMT) has received a $147.3 million cost-sharing contract from the Defense Advanced Research Projects Agency to conduct research as part of a prototype agreement for the Tactical Boost Glide program. DARPA will obligate $13.4 million from fiscal 2016 research and development funds at the time of award, the Defense Departme...
TYSONS CORNER, VA, Sept. 19, 2016 ” Lockheed Martin (NYSE: LMT) has moved to expand its global supply chain services for F-16 operators with the designation of Derco Repair Services as a certified F-16 repair center under Lockheed’s Hologram program, ExecutiveBiz reported Thursday. Lockheed said Wednesday the Derco Aerospac...
Lockheed Martin (NYSE: LMT) has received a potential $136.6 million contract modification from the U.S. Navy to build the 10th batch of air vehicle initial spares for the F-35 program. The Defense Department said Friday the modification covers lot 10 low-rate initial production of F-35A, F-35B and F-35C common...
Lockheed Martin (NYSE: LMT) has received a potential $426 million contract from the U.S. Navy to build and field the Aegis Weapon System and the integrated Aegis Combat System on three of the military branch’s Arleigh Burke-class destroyer ships. The Defense Department said Friday that Lockheed will provide follow-on support services...
TYSONS CORNER, VA, Sept. 16, 2016 ” Lockheed Martin (NYSE: LMT) has found an issue with a component of the U.S. Air Force‘s GPS III satellites and has postponed the first satellite delivery by four months in an effort to address the matter, ExecutiveBiz reported Thursday. Space News reported Wednesday that the company ...
TYSONS CORNER, VA, Sept. 15, 2016 ” Lockheed Martin (NYSE: LMT) will launch DigitalGlobe‘s (NYSE: DGI) WorldView-4 imaging satellite aboard a United Launch Alliance Atlas V rocket from Vandenberg Air Force Base on Sept. 16, ExecutiveBiz reported Wednesday. The satellite is expected to reach a sun-synchronous orbit following lift...
