Lockheed Martin (NYSE: LMT), Northrop Grumman (NYSE: NOC) and Raytheon (NYSE: RTN) have landed spots on a potential five-year, $4.1 billion contract to develop and deliver radar platforms to the Missile Defense Agency. All three companies will vie for task orders to provide autonomous acquisition and persistent precision tracking and discr...
TYSONS CORNER, VA, July 6, 2018 ” KeyW (Nasdaq: KEYW) will serve as a subcontractor to Lockheed Martin (NYSE: LMT) under a six-year task order for training systems support as part of the latter’s potential $3.53 billion contract with the U.S. Army, ExecutiveBiz reported Thursday. The task order via the Army Training Aids, Device...
TYSONS CORNER, VA, July 5, 2018 ” Lockheed Martin (NYSE: LMT) has recognized 19 small businesses that it says provided support to the Lockheed missiles and fire control unit last year in line with schedule, cost and process requirements, ExecutiveBiz reported Tuesday. The company said Monday the “exemplary performance” of the follow...
The Defense Logistics Agency has awarded a five-year, $80 million contract to a Lockheed Martin subsidiary to produce spare parts for a remotely-controlled, multisensor surveillance technology for U.S. Army. Gyrocam Systems will manufacture the AN/VSQ-6B Vehicle Optics Sensor System spares under the firm-fixed-price, indefinite-d...
TYSONS CORNER, VA, July 2, 2018 ” Lockheed Martin (NYSE: LMT) and its shipbuilding partners have hosted U.S. Navy Secretary Richard Spencer on a tour around the Wisconsin shipyard where the team builds Freedom-variant littoral combat ships for the service branch, ExecutiveBiz reported Friday. Spencer visited the Fincantieri Marinette ...
Lockheed Martin (NYSE: LMT) will provide additional sensor systems and support services for the Apache attack helicopters of the U.S., U.K. and Saudi Arabia under a $288.3 million domestic and foreign military sales contract modification. The Bethesda, Md.-based firm will supplement Modernized Target Acquisition Designation Sight...
TYSONS CORNER, VA, June 29, 2018 ” Lockheed Martin™s (NYSE: LMT) Joint Air-to-Ground Missile has received a œmilestone C decision from the Defense Department™s defense acquisition board, allowing the company to commence the low-rate initial production of the weapon system, ExecutiveBiz reported Thursday. The company said Wednesda...
Lockheed Martin (NYSE: LMT) has received a potential $84 million contract to provide operation and maintenance support for Aegis development and test sites. Lockheed™s rotary and mission systems business will deliver configuration management, related equipment and supplies, technical engineering, quality and information assurance services for A...
The U.S. Air Force has awarded Lockheed Martin (NYSE: LMT) a potential $1.12 billion contract to build 16 F-16 Block 70 jets for Bahrain’s air force. Lockheed will receive $551,027,050 in foreign military sales funds at the time of award and perform work at the company’s facilities in South Carolina and Texas through Septe...
Lockheed Martin‘s (NYSE: LMT) missiles and fire control business has received a potential $364.6 million contract to support service-life extension work on a guided missile and launch assemblies for the U.S. Army and Romania. Work under the domestic and foreign military sales contract will run through March 26, 2020, the Defense...
