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The U.S. Navy has awarded Lockheed Martin (NYSE: LMT) a $109.6 million contract modification to support Block 3F upgrade of company-built F-35s. The Defense Department said Tuesday the modification covers the provision of 567 modification kits for offboard system hardware and turnaround assets as well as recurring labor...

Lockheed Martin (NYSE: LMT) has secured a five-year, $100 million contract from the U.S. Air Force to support production of Joint Air-to-Surface Standoff Missile systems. The Defense Department said Tuesday the company will also provide lifecycle support for JASSM, Long Range Anti-Ship Missile, JASSM-Extended Range and other JASS...

TYSONS CORNER, VA, April 17, 2017 ” The Lockheed Martin-built (NYSE: LMT) F-16 fighter jet has received clearance from the U.S. Air Force for an extended service life from an equivalent 8,000 to 12,000 flight hours, ExecutiveBiz reported Thursday. The company said Wednesday it worked with the Air Force to cut projected service li...

TYSONS CORNER, VA, April 13, 2017 ” Lockheed Martin (NYSE: LMT) will host the three-day Multi-Domain Command and Control wargame at its Center for Innovation in Virginia to demonstrate air, cyber and space domain integration in support of command-and-control operations, ExecutiveBiz reported Wednesday. The company said Tuesday it...

TYSONS CORNER, VA, April 11, 2017 ” Lockheed Martin‘s (NYSE: LMT) Skunk Works business unit has collaborated with Calspan, the U.S. Air Force‘s Test Pilot School and the Air Force Research Laboratory in a teaming exercise for manned and unmanned systems at Edwards Air Force Base, ExecutiveBiz reported Monday. The Have Raid...

Lockheed Martin (NYSE: LMT) has received a $372.9 million contract modification from the U.S. Navy to produce F-35A and F-35B variants and conduct deficiency correction efforts for non-Defense Department participants. DoD said Monday the modification falls under a previously awarded advance acquisition contract for low-...

Lockheed Martin‘s (NYSE: LMT) aeronautics business has secured a two-year, $129.4 million delivery order modification from the U.S. Navy to perform additional work on the TR-3 integrated core processor and related subsystems for the F-35 program. The Defense Department said Wednesday work under the modif...

TYSONS CORNER, VA, April 4, 2017 ” Lockheed Martin (NYSE: LMT) has awarded an estimated $50 million subcontract to BAE Systems for support to the F-35 fighter jet fleet in the U.K., ExecutiveBiz reported Monday. BAE said Friday it will work with Lockheed to provide engineering, technical, training, maintenance and supply chain ma...

Lockheed Martin (NYSE: LMT) has won a potential seven-year $288 million contract to build a laser-based training device for the U.S. Army to simulate the firing capacity of soldiers and combat vehicles as well as test the engagement effects of multiple weapons. The Defense Department said Friday the Instrumentable ...