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Lockheed Martin (NYSE: LMT) has received a potential eight-year, $200 million contract from the U.S. Air Force to support aircraft schoolhouse operations and aircrew training efforts of the Air Force Special Operations Command. The company said Thursday it will help AFSOC engineer and manage the cybersecurity of training devices to ensure concu...

Lockheed Martin (NYSE: LMT) has won a potential seven-year, $3.53 billion contract to provide training tools and simulators to the U.S. Army. The company will also help the service branch operate and maintain instrumentation systems and live-fire ranges under the firm-fixed-contract, the Defense Department said Thursday. The...

Lockheed Martin‘s (NYSE: LMT) aeronautics business has received a potential $1.46 billion modification under a U.S. Navy advance acquisition contract for the low-rate initial production of F-35 air systems. The modification funds long-lead material and parts Lockheed will need to manufacture 145 lot 13 aircraft for the U.S. military services, ...

TYSONS CORNER, VA, March 9, 2018 ” Lockheed Martin (NYSE: LMT) has created a joint venture with MBDA as part of efforts to negotiate a contract with Germany’s military procurement office to build the country’s future integrated air and missile defense system, ExecutiveBiz reported Thursday. MBDA said Thursday the TLVS joint ven...

Lockheed Martin (NYSE: LMT) has received a $481.2 million contract from the U.S. Navy to obtain long-lead-item materials the company will need to build four multimission surface combatant ships for Saudi Arabia. MMSC is designed to support littoral and open-ocean missions, the Defense Department said Monday. The Naval Sea Systems Command is the...

TYSONS CORNER, VA, March 5, 2018 ” Lockheed Martin (NYSE: LMT) will provide its MK 41 vertical launching system for the Type 26 Global Combat Ship that BAE Systems is building for the U.K. navy, ExecutiveBiz reported Friday. The system will serve to launch anti-air, anti-submarine, surface-to-surface and strike-length missiles fr...

Lockheed Martin‘s (NYSE: LMT) aeronautics business has received a $148.7 million U.S. Navy contract modification to provide recurring logistics support for F-35 Lightning II aircraft. The Defense Department said Wednesday the services will applied to F-35 units that have been delivered to the Navy, Air Force and Marine...

Lockheed Martin (NYSE: LMT) has received a one-year, $158.3 million delivery order from the U.S. Navy to help modify and retrofit air systems for domestic and international F-35 jets. The Defense Department said Tuesday the company’s aeronautics business will provide program management, recurring and non-recurring...

TYSONS CORNER, VA, Feb. 27, 2018 ” Cubic (NYSE: CUB) and Lockheed Martin (NYSE: LMT) businesses have secured contracts from the U.S. Navy for the development of quantitative assessment methods for urban-based combined arms concepts, ExecutiveBiz reported Monday. The Defense Department said Friday Cubic™s defense applications unit...