Lockheed Martin announced that it will recieve $344 million in ongoing funding for the C-5 Super Galaxy Reliability Enhancement and Re-Engining Program (RERP).    “This funding enables us to continue to partner with the U.S. Air Force to produce enhanced C-5M Super Galaxy aircraft to support the warfighter for decades to come, ” said L...

The Environmental Protection Agency has awarded Lockheed Martin a Blanket Purchase Agreement, to be among the firms to provide support for the IT Solutions-EPA II agreement. Under the contract, which is for seven years and has a combined ceiling value of $955 million, Lockheed will perform IT maintenance and service with the goal of secure...

The Pentagon has offered Turkey the opportunity to purchase the latest version of their Patriot air-defense missile as part of an arms package that will include up to 290 missiles including 72 PAC-3 models and communications gear. The package is valued at up to $7.8 billion....

On Tuesday, Lockheed Martin Space Systems Co. announced that it has launched a new missile defense system operating unit, to be headquartered in Huntsville, Alabama. The new division will be headed up by Ret. Army Major General John W. Holly who is also VP of missile defense systems. Holly has been with the company since...

Lockheed Martin Corp. has placed a second order for wireless communication stations from VirTra Systems Inc. The stations are designed work with the Tempe company’s Threat-Fire belt, which simulates return fire by stunning wearers, and are utilized in virtual simulations. Bob Ferris, CEO and president of VirTra said, â€&...

The U.S. Navy has awarded Lockheed Martin Corp. a $25 Million contract modification for a sonar system upgrade. The upgrade will utilize commercial hardware and software and will be performed on Virginia Class ships which are in the process of being modernized. The work, which will take place pre-dominantly in Manassas, VA with the remainder...

Lockheed Martin has won a five-year, $203 million contract to manage the Field Logistics Readiness Center at Fort Bragg. Responsibilities will include maintenance on wheeled vehicles, weapons, power generation equipment, and engineering equipment for the Army Sustainment Command and 406th Training Support Brigade. Lockheed Martin will pr...

Lockheed Martin has delivered the first Target Sight System (TSS) multi-sensor fire control system production unit for the U.S. Marine Corps’ AH-1Z Cobra helicopter.  The TSS integrates cutting-edge sensors, providing Cobra pilots with enhanced capabilities to acquire, track and designate targets. The system provides superior image...