Lockheed Martin (NYSE:LMT) has received a potential $5.58 billion contract modification from the U.S. Navy for the low-rate initial production of lot 11 fiscal 2017 F-35 Lightning II aircraft. The modification covers the production of 48 F-35As for the U.S. Air Force, 18 F-35Bs for the U.S. Marine Corps and eight F-35Cs for USMC and t...
Lockheed Martin (NYSE: LMT) has secured a potential three-year, $73.8 million contract to begin work on the second phase of the U.S. Army™s Long Range Precision Fires missile program. The contract covers the technological maturation and risk reduction phase in which the company will design and fly prototype missiles in preparation for the engin...
The U.S. Navy has awarded Lockheed Martin (NYSE: LMT) two contract modifications worth approximately $73.9 million combined to provide materials and services to support the low-rate initial production of F-35 Lightning II aircraft. Lockheed will provide long-lead parts and components for additional five lot 12 F-35B fighter jets under a $4...
Lockheed Martin (NYSE: LMT) has won a spot on a potential seven-year, $409 million indefinite-delivery/indefinite-quantity contract to support a U.S. Air Force program that seeks to research and develop thermal, power and control technologies for air platforms. The Defense Department said Friday the Next Generation Thermal, Power, and Cont...
TYSONS CORNER, VA, June 30, 2017 ” Harris (NYSE: HRS) has received recognition from Lockheed Martin (NYSE: LMT) for its work as a supplier of pneumatic suspension and release systems for the latter’s F-35 and F-22 fighter aircraft, GovCon Executive reported Thursday. The supplier award is based on criteria such as a 98-perc...
Lockheed Martin (NYSE: LMT) has received a potential three-year, $257.8 million contract modification from the U.S. Navy to supply alternate mission tools, pilot flight equipment and red gear to support the low rate initial production of lot 10 F-35 Lightning II fighter jets. The firm-fixed-price modification covers purchase...
Lockheed Martin (NYSE: LMT) has won a potential $1.17 billion contract from the U.S. Navy to engineer sonar technology under the Technical Insertion 18-20 Acoustic Rapid Commercial-Off-The-Shelf Insertion program. The Defense Department said Thursday the contract with an initial value of $130.8 million covers engineering development suppor...
TYSONS CORNER, VA, June 22, 2017 ” Lockheed Martin (NYSE: LMT) has rolled out a C-130J Super Hercules military transport aircraft variant designed specifically for special operations forces and their international missions, ExecutiveBiz reported Wednesday. The company said Tuesday C-130J-SOF is the Super Hercules’ 10th prod...
TYSONS CORNER, VA, June 20, 2017 ” Lockheed Martin (NYSE: LMT) has tapped Harris (NYSE: HRS) to provide the Aircraft Memory System and Panoramic Cockpit Display Electronic Unit for the F-35 aircraft’s mission system avionics, ExecutiveBiz reported Monday. Harris said Monday its technologies will work to build on the fighter...
Lockheed Martin (NYSE: LMT) is in talks with the U.S. and 10 other countries over a potential contract worth at least $37 billion for the manufacturer to deliver a total of 440 F-35 fighter aircraft, Reuters reported Sunday. Sources told Reuters the multi-year transaction will consist of three portions from fiscal 2018 to fiscal 2020 with ...
