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...
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 18, 2017 ” The U.S. Navy has awarded separate contract modifications to Boeing (NYSE: BA), General Atomics, Lockheed Martin (NYSE: LMT) and Northrop Grumman (NYSE: NOC) for continued risk reduction work on the future MQ-25 unmanned carrier aviation air system, ExecutiveBiz reported Monday. The Defense Dep...
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...
