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The State Department has approved a potential sale to the United Arab Emirates of $2 billion in Patriot missile systems from Lockheed Martin (NYSE: LMT) and Raytheon (NYSE: RTN). UAE requested 60 Lockheed-built Patriot Advanced Capability 3 missiles and Raytheon-made 100 Patriot Guidance Enhanced Missile-Tacti...
TYSONS CORNER, VA, May 11, 2017 ” Lockheed Martin (NYSE: LMT) has showcased several unmanned and autonomous technologies during a media event at its missiles and fire control facility in Texas, ExecutiveBiz reported Wednesday. The company said Tuesday technologies included in the demonstration are the Indago quadrotor unmanned aircraf...
TYSONS CORNER, VA, May 8, 2017 ” Lockheed Martin (NYSE: LMT), Leonardo and Italy’s defense ministry have rolled out the first short-takeoff/vertical-landing variant of the F-35 fighter jet assembled outside the U.S., ExecutiveBiz reported Friday. Lockheed said Friday it works with Leonardo to operate the Italian government-owned F-35...
Lockheed Martin (NYSE: LMT) will deliver a tailored simulation-based F-16 training environment for the Romanian Air Force (RoAF,) according to a company statement. Lockheed Martin will deliver the SciosTrain„¢ suite of simulators in 2019 under this contract and also provide contractor logistics support services. “Our solution builds ...
TYSONS CORNER, VA, May 3, 2017 ” Orbital ATK (NYSE: OA) has completed a test of the attitude control motor on the launch abort system of the Lockheed Martin-built (NYSE: LMT) Orion spacecraft to verify the motor’s capability to perform in case of an aborted mission, ExecutiveBiz reported Tuesday. NASA and Lockheed pers...
The U.S. Navy has awarded Lockheed Martin (NYSE: LMT) a $1.38 billion contract to fund the procurement of long lead parts and components for the 12th batch of F-35 aircraft. The Defense Department said Friday the materials are needed for the manufacture of 130 lot 12 F-35s in support of U.S Air Force, Marine Corps, ...
TYSONS CORNER, VA, April 28, 2017 ” Lockheed Martin (NYSE: LMT) has flown its Fury unmanned aircraft system over 12 hours as part of long-range endurance tests in preparation for low-rate production, ExecutiveBiz reported Thursday. The company said Wednesday the tests at its operating base in Yuma Proving Ground also involved Fur...
Lockheed Martin‘s (NYSE: LMT) aeronautics business has received a $422.7 million contract modification from the U.S. Navy to obtain special tools and test equipment for the tenth batch of F-35 jets. The Defense Department said Wednesday the modification covers purchases from the Navy, U.S. Air Force and Marine Corps as well a...
TYSONS CORNER, VA, April 26, 2017 ” The fifth Lockheed Martin-built (NYSE: LMT) Mobile User Objective System satellite is now able to support legacy ultra-high-frequency radios to provide beyond-line-of-sight communications to the military, ExecutiveBiz reported Tuesday. The company said Monday the U.S. Navy collaborated with Arm...
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...
