Lockheed Martin‘s (NYSE: LMT) rotary and mission systems business has secured an eight-year, $700.8 million contract to build surface ship undersea warfare systems for the U.S. Navy and Japan. The company will develop, integrate, produce and test future advanced capability build and technical insertion baselines of AN/SQQ-89A(V)15 USW sys...
Poland has signed potential 10-year offset agreements with Raytheon (NYSE: RTN) and Lockheed Martin (NYSE: LMT) related to the European country™s planned procurement of the Patriot missile system, The Times of Israel reported Friday. œThe offset agreements for the Wisla program are signed¦ This is the final step before signing the c...
TYSONS CORNER, VA, March 22, 2018 ” A Cubic (NYSE: CUB) business unit will work to support Lockheed Martin (NYSE: LMT) in the sustainment of U.S. Army instrumentation systems and live-fire ranges through an estimated $185 million subcontract, ExecutiveBiz reported Wednesday. Cubic said Tuesday Cubic Global Defense will perform work as...
Lockheed Martin‘s (NYSE: LMT) space systems business has landed contract options worth $522.3 million from the U.S. Navy to produce Trident II D2 missiles and support deployed systems. The Navy will obligate the modification’s full value at the time of award from its fiscal year 2018 “other” procurement; weapons procurem...
Lockheed Martin˜s (NYSE: LMT) aeronautics business has received a four-year, $481.9 million delivery order from the Naval Air Systems Command for F-35 initial air vehicle spares. The U.S. Navy, U.S. Air Force and U.S. Marine Corps, non-Defense Department participants and foreign military sales customers will receive the...
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...
TYSONS CORNER, VA, March 14, 2018 ” Lockheed Martin (NYSE: LMT) will pitch its Mini Hit-to-Kill missile for the U.S. Army‘s effort to integrate a new weapon with the Indirect Fires Protection Capability multi-mission launcher, ExecutiveBiz reported Tuesday. Defense News reported Monday the IFPC Increment 2 program seek...
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...
