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 ...
Lockheed Martin (NYSE: LMT) has received a potential two-year, $471.7 million foreign military sales contract from the U.S. Army to manufacture full-rate production 12 Multiple Launch Rocket System components for France, Germany, Finland and Singapore. Lockheed™s missile and fire control business will deliver 2,868 guided MLRS al...
TYSONS CORNER, VA, June 14, 2017 ” Lockheed Martin (NYSE: LMT) has awarded participants from schools in California and New Jersey as the winners in a video challenge to design part of a spacecraft that would bring astronauts to Mars, GovCon Executive reported June 7. The company said June 6 the challenge is part of its...
After the successful unveiling of the Mitsubishi Heavy Industries’ first Japanese-assembled F-35A on June 5th, Lockheed Martin has stated that it is open to further cooperation and expansion with Japanese industry for producing more F-35 Lightning II Joint Strike Fighter aircraft in Japan, IHS Janes reported. MHI constructed th...
Lockheed Martin (NYSE: LMT) has won a potential 10-year, $104.6 million contract to develop and test a production representative article of Advanced Radar Threat System Variant 2 for the U.S. Air Force. The Defense Department said Monday the single-award contract includes an option for the company to produce up to 20 ARTS-V2...
TYSONS CORNER, VA, June 12, 2017 ” Lockheed Martin (NYSE: LMT) has unveiled new space-focused education resources that seek to develop the future workforce through increased student interest in space exploration programs such as NASA‘s mission to Mars, ExecutiveBiz reported Wednesday. The company said Tuesday its new space-cente...
