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Lockheed Martin Corp. (NYSE: LMT) won nearly $95 million in U.S. Navy contract modifications for additional F-35 production work, the Defense Department announced Monday. The first award, a $56, 329, 396 cost reimbursement modification, covers sustainment efforts to meet the requirements and delivery schedule for lot five of low rate initial product...
Lockheed Martin Corp. (NYSE: LMT) has won a potential $881 million contract to provide the U.S. Army with up to 51 radar systems to defend against rockets, mortars and artillery. The firm-fixed-price contract has a $166 million base year and two option years, according to the Army’s program executive office for intelligence, electronic warfare...
Lockheed Martin Corp. (NYSE: LMT) won an $88, 467, 830 U.S. Navy contract modification to provide engineering services for shipboard Aegis systems, the Defense Department announced Thursday. The Navy exercised fiscal year 2012 options for systems engineering and modernization on CG 57 and DDG 51-class ships. Lockheed will perform work under the cost...
Lockheed Martin Corp. (NYSE: LMT) won a $26, 197, 869 U.S. Air Force contract to modernize long-range radars used for tactical command and control. The Defense Department said Lockheed will upgrade 29 AN/FPS-117 radars under an essential parts replacement program contract. Lockheed won $46.8 million from the Air Force in November 2011 to complete en...
The U.S. Air Force has awarded a Boeing (NYSE: BA) and Lockheed Martin (NYSE: LMT) joint venture an estimated $1.5 billion contract to provide launch services, the Pentagon announced Tuesday. United Launch Alliance‘s services subsidiary, United Launch Services, will support: three National Reconnassance Office programs two defense meteorologic...
Lockheed Martin Corp. (NYSE: LMT) has secured a $370 million sole source contract from NASA to perform a test flight of Lockheed’s Orion crew vehicle, NextGov reports. NASA issued a justification notice for the contract Thursday, saying only Lockheed could fulfill the space agency’s requirements for the test flight. NASA said the test wo...
The U.S. Army has awarded a Lockheed Martin (NYSE: LMT) and Northrop Grumman (NYSE: NOC) joint venture a $181 million contract for systems used on the AH-64D Apache helicopter, Lockheed and Northrop announced today. Taiwan will receive 15 of Longbow LLC’s fire control radar systems, marking the first international purchase of the systems accor...
The U.S. Navy has awarded Lockheed Martin (NYSE: LMT) nearly $738 million in contract modifications for low rate initial production of the F-35 Joint Strike Fighter, according to a Pentagon announcement. $485 million for production lot five, including special test equipment and subcontractor technical assistance. This work is expected to be complete...
The U.S. Missile Defense Agency has awarded Lockheed Martin‘s (NYSE: LMT) information systems and global solutions business a $980 million follow-on indefinite-delivery/indefinite-quantity contract, the Pentagon announced Friday. Under this award, Lockheed will work to update and add new capabilities to the MDA’s command and control, battle ...
Lockheed Martin (NYSE: LMT) has been selected by the U.S. Army to operate and maintain a system that tracks the identity, status and location cargo from its origin to destination. Lockheed could win up to $126 million over five years for the work on the radio frequency in-transit visibility system. The company will work with the Army’s joi...
