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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...
TYSONS CORNER, VA, July 18, 2017 ” Lockheed Martin (NYSE: LMT) Executive Vice President Rick Ambrose has received recognition from the National Defense Industrial Association for his work in the space systems industry, GovCon Executive reported Friday. NDIA said its space division will present the Peter B. Teets Award to Ambrose, head...
TYSONS CORNER, VA, July 17, 2017 ” Lockheed Martin (NYSE: LMT) has unveiled a new $3.9 million cybersecurity hub in the U.K. that will work to supplement cyber-related technology development and collaboration efforts in the country, ExecutiveBiz reported Friday. The company said Thursday the Cyber Works center in Gloucester seeks to facili...
Lockheed Martin (NYSE: LMT) has secured a $130.3 million modification to build additional Patriot Advanced Capability-3 air defense missiles for the U.S. Army and government customers under the foreign military sales program. The Defense Department said Friday Lockheed will provide a total of 35 PAC-3 missile segment enhancement interceptors to...
TYSONS CORNER, VA, July 11, 2017 ” A Lockheed Martin (NYSE: LMT) and Raytheon (NYSE: RTN) joint venture will deliver containerized rounds, electronics and command launch units for the Javelin anti-tank missile system under a $56.8 million contract modification from the U.S. Army, ExecutiveBiz reported Monday. The Defense Department sa...
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...
