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...
Bulgaria is looking to acquire eight additional F-16 Block 70 fighter jets from the U.S. to expand on its initial eight-aircraft order and avail ammunition and training support services, Bulgarian News Agency reported Thursday. An investment expenditure draft previously adopted by the Balkan nation’s budget and finance committee details a plan...
The State Department has cleared Australia’s request to procure from the U.S. government two dozen military transport aircraft built by Lockheed Martin (NYSE: LMT) and related equipment under a potential $6.35 billion foreign military sales deal. The Australian government asked to buy 24 C-130J-30, the stretch variant of Lockheed’s Hercu...
Boeing (NYSE: BA), Lockheed Martin (NYSE: LMT), Airbus and Leonardo will advance to the next phase of an estimated $1.15 billion acquisition program to replace the U.K. air force’s Puma HC.2 medium support helicopter platform, Breaking Defense reported Wednesday. A British defense ministry spokesperson said the agency intends to ask all four c...
The space business of Lockheed Martin (NYSE: LMT) will produce submarine-launched fleet ballistic missiles and support deployed systems for both the U.S. and U.K. navies under a potential $1.2 billion contract modification. This award for Trident II D5 support services has a face value of $581.2 million, with the U.S. Navy obligating $147.1 million ...
Lockheed Martin‘s (NYSE: LMT) aeronautics segment will develop a common reprogramming tool for the F-35 program under a $111.1 million contract modification awarded by the U.S. Navy. The business will establish network connections to create the CRT and select a service-oriented architecture to modernize software and hardware for use by aircraf...
Lockheed Martin (NYSE: LMT) and Red Hat have partnered to support national security missions using artificial intelligence and Kubernetes technologies. Lockheed will use Red Hat Device Edge to equip unmanned aerial systems and other military platforms with updated software designed to enable such systems to manage large AI workloads and speed up the...
