Lockheed Martin (NYSE: LMT) has received a $49.06 million U.S. Navy contract to design and develop an F-35 aircraft variant for an unnamed foreign military sales customer. The company will perform engineering work and other related efforts as part of the five-year project, the Department of Defense said Monday. Seventy-seven percent of contractor ac...
Naval Air Systems Command has awarded Lockheed Martin (NYSE: LMT) a $211.2 million contract modification to obtain ancillary mission equipment for lots 15 and 16 of the F-35 aircraft. The award expands the scope of F-35 equipping support for the U.S. Air Force, non-Department of Defense entities and foreign military sales customers, DOD said Wednesd...
Lockheed Martin (NYSE: LMT) has secured a five-year, $27.4 million contract to help the U.S. Space Force maintain a one-way wideband broadcast system used to transmit information to deployed and in-garrison forces across the globe.4 The company will provide architecture sustaining engineering support to the Global Broadcast Service through December ...
Finland has selected Lockheed Martin‘s (NYSE: LMT) F-35A Lightning II through an open competition for the country’s approximately $11.3 billion HX fighter program. The company said Friday it will provide 64 fighter jets, weapons, training and sustainment support services to the Finnish air force. “The F-35 will provide Finnish industri...
Robert Lightfoot, vice president of operations at Lockheed Martin‘s (NYSE: LMT) space business area, has been promoted to lead the segment as executive vice president. He will assume his new position on Jan. 1 and replace Rick Ambrose, who intends to retire in March after a more-than-20-year career at Lockheed and will support transition effor...
Lockheed Martin (NYSE: LMT) has received a $124.9 million contract modification to produce 42 more Long Range Anti-Ship Missiles for the U.S. Air Force and Navy. The funds cover lot six production of LRASMs along with two dozen weapons datalinks, the Department of Defense said Monday. DOD pegged the contract’s cumulative face value at $549.7...
Lockheed Martin (NYSE: LMT), Northrop Grumman (NYSE: NOC) and Raytheon Technologies (NYSE: RTX) have received other transaction agreements from the Missile Defense Agency to further develop their Glide Phase Interceptor design concepts for MDA’s regional hypersonic missile defense program. MDA said Friday prototypes that will emerge through th...
The U.S. Navy has awarded Lockheed Martin‘s (NYSE: LMT) aeronautics segment a $584.8 million contract modification to fund system integration engineering activities related to new F-35 electronic warfare and countermeasure equipment. The award will support development work on the ASQ-239 electronic warfare suite for U.S. military customers and...
TYSONS CORNER, VA, Nov. 12, 2021 — Anthony Robbins, vice president of the federal business at NVIDIA and a four-time Wash100 Award recipient, said the company and Lockheed Martin (NYSE: LMT) are looking to use artificial intelligence and digital-twin simulation to help federal and state forest service organizations better understand wildfires and ...
Lockheed Martin (NYSE: LMT) reportedly will manufacture three more GPS III Follow-On military communications satellites under a $737 million contract option from the U.S. Space Force, SpaceNews reported Thursday. USSF ordered space vehicles 15, 16 and 17 as part of a potential $7.2 billion GPS IIIF fixed-price-type production contract the U.S. Air F...
