Lockheed Martin (NYSE: LMT) has landed a potential $122.3 million contract modification to continue to provide engineering services for the U.S. Navy‘s Technical Insertion 18-20 Acoustic Rapid Commercial Off-the-Shelf Insertion program. The Defense Department said Monday Lockheed’s rotary and mission systems unit will conduct work und...
Lockheed Martin (NYSE:LMT) has received a $92.9 million modification from the U.S. Navy to provide engineering and interim logistics services for the Mobile User Objective System. The company will also supply spares and associated material in support of the MUOS military satellite communications system, the Defense Depa...
TYSONS CORNER, VA, Nov. 13, 2017 ” Lockheed Martin‘s (NYSE: LMT) F-35 fighter jet is a prospective replacement for the German air force’s fleet of Panavia Tornado fighter aircraft, ExecutiveBiz reported Friday. IHS Jane’s Defense Weekly reported Wednesday Germany looks to consider F-35 as its preferred choice am...
Lockheed Martin (NYSE: LMT) has secured a potential $1.6 billion order to perform upgrades to the United Arab Emirates’ F-16 fighter aircraft, The National reported Sunday. The report said UAE’s armed forces entered numerous defense deals with U.S. companies, which include an agreement for Lockheed to modernize 80 F-16s. Lockheed CE...
Lockheed Martin (NYSE: LMT) has received a potential $386 million contract modification from the U.S. Air Force to continue support work on the military branch’s intercontinental ballistic missile system. The Defense Department said Wednesday Lockheed’s space systems business will support the re-entry systems and vehicle subs...
Lockheed Martin (NYSE: LMT) has received a potential $215 million contract to provide automated package processing systems to the U.S. Postal Service. The company said Tuesday it will supply as many as 10 Enhanced Package Processing Systems to USPS under the indefinite-delivery/indefinite-quantity contract to help the agency automatic...
TYSONS CORNER, VA, Nov. 7, 2017 — Lockheed Martin (NYSE: LMT) CEO Marillyn Hewson and Space Systems Executive Vice President Rick Ambrose hosted Vice President Mike Pence and U.S. Air Force Secretary Heather Wilson during their visit to a company facility in Colorado in late October, ExecutiveBiz reported Oct. 27. The Denver Business Jo...
Lockheed Martin (NYSE: LMT) has received a potential $260 million contract modification from the U.S. Navy to help modernize four P-3B maritime patrol aircraft for the government of Greece. The Defense Department said Monday Lockheed’s aeronautics business unit will support phased depot maintenance as well as avionics and countr...
TYSONS CORNER, VA, Oct. 30, 2017 ” Lockheed Martin (NYSE: LMT) and Spain’s Navantia shipbuilder have entered into a renewed partnership to explore possible business opportunities in naval combat systems and surface ships, ExecutiveBiz reported Friday. The alliance will also work to deliver the Aegis Combat System and Spain-made senso...
Lockheed Martin (NYSE: LMT) has received a $131 million follow-on contract to continue to manufacture laser guided bomb kits for the U.S. Air Force. The company said Wednesday it will supply Paveway II Plus LGB kits for the ninth consecutive year to USAF and the contract includes funds meant to address the service branch’s foreign militar...
