Lockheed Martin Corp. ‘s (LMT) business unit, Aeronautics, won a $19.8 million contract modification for work on the F-35 aircraft memory system and panoramic cockpit display. This will help recover diminishing manufacturing sources projected under the 15th Lot production of the F-35 aircraft, reports Nasdaq.com. Forty percent of the con...
TYSONS CORNER, VA, May 30, 2017 ” Lockheed Martin (NYSE: LMT) will integrate subsystems and update propulsion systems on the fifth and sixth Space Based Infrared System satellites under a $46 million contract modification from the U.S. Air Force, ExecutiveBiz reported Friday. The Defense Department said Thursday Lockheed’s ...
Lockheed Martin (NYSE: LMT) has secured a potential two-year, $87.3 million contract from the U.S. Navy to provide technical and program management services in support of the Trident II D5 submarine-launched ballistic missile’s navigation subsystem. The Defense Department said Wednesday the contract covers navigation hardware and sof...
Lockheed Martin successfully launches Vector Hawk, a small, unmanned aerial vehicle (UAV), on command from the Marlin MK2 autonomous underwater vehicle (AUV) during a cross-domain command and control event hosted by the U.S. Navy. In addition to Marlin and Vector Hawk, the Submaran, an unmanned surface vehicle (USV) developed by Ocean Aero, provided...
DeEtte Gray, formerly president of the intelligence and security sector at BAE Systems™ U.S. subsidiary, has joined CACI International (NYSE: CACI) as president of U.S. operations. CACI said Monday that she succeeds John Mengucci and will oversee the Arlington, Virginia-based contractor’s operations business group...
Lockheed Martin‘s (NYSE: LMT) aeronautics business unit has received a $137.8 million contract modification from the U.S. Navy to fund cost reduction efforts for the low-rate initial production of lot 9 F-35s. The Defense Department said Friday that the full obligated amount at the time of award is from fiscal 2016 aircraft procurement fund...
TYSONS CORNER, VA, May 19, 2017 ” Lockheed Martin‘s (NYSE: LMT) Sikorsky subsidiary will provide tail rotor blade repairs in support of the U.S. Army‘s UH-60 Black Hawk helicopters under a $37.6 million contract, ExecutiveBiz reported Thursday. The Defense Department said Wednesday Sikorsky received $18.4 mi...
Saudi Arabia and Lockheed Martin (NYSE: LMT) have closed on a $6 billion contract for the Bethesda, Maryland-based defense contractor to deliver four modified versions of Littoral Combat Ships, Bloomberg reported Friday. The deal for Multi-Mission Surface Combatant Ships comes as President Donald Trump heads to the Middle Eastern country as pa...
Lockheed Martin (NYSE: LMT) has received a potential $112.2 million contract modification from the Missile Defense Agency to continue to provide field support services for the Terminal High Altitude Area Defense system. The modification increases the ceiling value of a previously awarded indefinite delivery/indefinite quantity co...
TYSONS CORNER, VA, May 12, 2017 ” The Lockheed Martin-built (NYSE: LMT) Indago small unmanned aircraft system will be deployed by law enforcement agencies in New Jersey and Virginia to support search-and-rescue operations for people with special needs, ExecutiveBiz reported Thursday. Lockheed said Wednesday the New Jersey an...
