A business segment of Lockheed Martin (NYSE: LMT) has received a $328.5 million contract to perform support work on Trident ballistic missile systems designed for U.S. and U.K. submarines. The company’s rotary and missions systems unit will provide support to the Strategic Weapon System Trident Fleet, integrate increment eight on shipboards a...
Lockheed Martin‘s (NYSE: LMT) aeronautics business will perform logistics support work for domestic and international customers of the F-35 Lightning II Joint Strike Fighter program under a U.S. Navy contract modification worth $2.22 billion. The Department of Defense said Thursday the company will conduct ground maintenance, operate an automa...
Estonia has closed a $200 million deal to purchase six M142 High Mobility Artillery Rocket System launchers, manufactured by Lockheed Martin (NYSE: LMT), along with associated equipment and support services from the U.S. government. The Estonian defense investment agency said deliveries of the systems are scheduled to begin in 2024 under the contrac...
The U.S. Army has awarded Lockheed Martin (NYSE: LMT) a potential three-year, $430.9 million contract to procure M142 High Mobility Artillery Rocket System launchers for the service branch and multiple foreign military partners. Lockheed secured $209.3 million in initial procurement funds from the Army for HIMARS full-rate production services, the D...
Raytheon Technologies’ (NYSE: RTX) missiles and defense business and Lockheed Martin (NYSE: LMT) will serve as principal contractors for a potential $380 million foreign military sale of FIM-92K Stinger man-portable ground-to-air missiles and related equipment to the government of Finland. The Defense Security Cooperation Agency said Thursday the ...
A team led by Lockheed Martin (NYSE: LMT) has secured an other transaction agreement with the U.S. Army to support cyber training of up to 17,000 remote-based civilian personnel at the military branch. Amazon Web Services, Aries Security and Ultimate Knowledge Institute are part of the team that will help train Army employees bas...
Lockheed Martin (NYSE: LMT) will produce three additional GPS III Follow-On satellites for the U.S. Space Force under a $744 million contract option, SpaceNews reported Monday. The award covers GPS IIIF space vehicles 18, 19 and 20 and marks the fourth contract option that the service exercised under a potential $7.2 billion contract that Lockheed...
Lockheed Martin (NYSE: LMT) has secured a $45 million contract modification to deliver procurement and engineering support services to the U.S. Navy for small combatant propulsion system spares. The Defense Department said Wednesday the action was made under a potential $168.9 million award that could extend the performance period to October 20...
A Lockheed Martin (NYSE: LMT) spacecraft launched aboard NASA’s Space Launch System rocket early Wednesday in the start of the agency’s program to land humans again on the lunar surface. The uncrewed Orion separated from the SLS upper stage at a speed of 22,600 mph two hours after liftoff at the Kennedy Space Center in...
Lockheed Martin (NYSE: LMT) will help military customers activate F-35 sites and conduct initial aircraft sustainment efforts under a two-year, $765.1 million indefinite-delivery/indefinite-quantity contract from the U.S. Navy’s Naval Air Systems Command. The award covers the provision of pilot flight equipment, post-ejection survival training...
