Lockheed Martin (NYSE: LMT) has received a potential $3.69 billion contract modification from the U.S. Navy for the low-rate initial production of 50 lot 11 F-35 Lightning II aircraft for foreign military sales clients. The modification covers the production of 22 F-35A jets for FMS customers, eight F-35As for the Nethe...
TYSONS CORNER, VA, July 28, 2017 ” Lockheed Martin (NYSE: LMT) has completed the delivery of the first High Mobility Artillery Rocket System launcher to the Defense Department as part of a U.S. Army foreign military sale to the United Arab Emirates, ExecutiveBiz reported Thursday. The company said Wednesday it builds the HIMARS l...
The U.S. Air Force has awarded Lockheed Martin (NYSE: LMT) an $86.5 million contract modification to build a first batch of precision-guided missile systems designed to identify and destroy sea-based threats. Lockheed’s missiles and fire control business will manufacture 23 Long-Range Anti-Ship Missiles at a company facility in Orlando, F...
Lockheed Martin (NYSE: LMT) has received a $119.7 million contract modification to help the U.S. Navy integrate visual systems and other components into submarines. The Defense Department said Monday Lockheed’s rotary and mission systems unit will perform design, development, test, reverse engineering, technology insertion/refreshment, field e...
TYSONS CORNER, VA, July 24, 2017 ” Lockheed Martin (NYSE: LMT) is working to build a prototype cislunar habitat that would house astronauts during extended missions as part of NASA‘s Next Space Technologies for Exploration Partnerships effort, ExecutiveBiz reported Friday. The company said Thursday its full-scale NextSTEP-2 ...
Lockheed Martin (NYSE:LMT) has received a $74.7 million contract modification to support long-term sustainment work on the U.S. Air Force‘s fleet of C-130J military transport aircraft. The modification exercises the first option under a previously awarded indefinite-delivery/indefinite-quantity contract and covers inventory control point ...
Lockheed Martin (NYSE: LMT) has received a one-year, $93.5 million contract modification to complete the development and fielding of the Aegis Weapon System and integrated Aegis Combat System on three of the U.S. Navy‘s Arleigh Burke-class destroyers. The Defense Department said Friday the contract covers follow-on support services f...
Lockheed Martin (NYSE: LMT) has received a potential $192.3 million contract modification from the U.S. Navy for production support to the Aegis combat system modernization effort in fiscal 2017. The Defense Department said Thursday Lockheed’s rotary and mission systems business will perform work in Moorestown, New Jersey; Clear...
TYSONS CORNER, VA, July 20, 2017 ” Lockheed Martin (NYSE: LMT) has placed a $1.1 million investment to help advance the development of an artificial intelligence tool that Canada-based contextere intends to support aerospace and defense maintenance personnel, ExecutiveBiz reported Wednesday. The intelligent personal agent wi...
TYSONS CORNER, VA, July 19, 2017 ” The Australian government has shortlisted industry teams led by Lockheed Martin (NYSE: LMT) and Northrop Grumman (NYSE: NOC) for the JP 9711 Core Simulation Capability program, ExecutiveBiz reported Tuesday. Shephard Media reported Monday that the teams will seek to secure work to update Austral...
