Lockheed Martin (NYSE: LMT) has secured a four-year, $581.8 million delivery order from the U.S. Navy to supply air vehicle initial spares for the F-35 program. The Defense Department said Friday the order covers F-35 common spares; F-35A, F-35B and F-35C unique spares; aloft spares packages/deployment spares packages a...
Lockheed Martin (NYSE: LMT) has received a $1.59 billion contract to produce and deploy counterfire target acquisition radar systems for the U.S. Army. Work under the order dependent contract will run through March 29, 2022, and locations and funds will be provided with each order, the Defense Department said Thursday. The A...
TYSONS CORNER, VA, March 30, 2017 ” Lockheed Martin (NYSE: LMT) and Northrop Grumman (NYSE: NOC) have performed initial integration of their respective technologies for a soft-kill demonstrator of the U.S. Army‘s Modular Active Protection System, ExecutiveBiz reported Wednesday. Lockheed said Tuesday its Open Architecture P...
Lockheed Martin (NYSE: LMT) has landed a $273.5 million sole-source contract from the Missile Defense Agency to produce additional interceptors for the agency’s anti-ballistic missile system. The Defense Department said Tuesday the contract covers the lot 9 production of interceptors, one-shot devices and associated production support ser...
TYSONS CORNER, VA, March 28, 2017 ” The U.S. Navy has conducted qualification trials on the USS Detroit littoral combat ship built by a Lockheed Martin-led (NYSE: LMT) industry team to check the vessel’s combat system, ExecutiveBiz reported Monday. The service branch said Friday the Freedom-class LCS 7 completed tests ...
TYSONS CORNER, VA, March 27, 2017 ” A subsidiary of Lockheed Martin (NYSE: LMT) will lease a 35,000-square-foot facility in Johnstown, Pennsylvania, as part of company plans to expand production of F-35 parts and components, ExecutiveBiz reported Friday. The Tribune-Democrat reported Friday Lockheed™s AeroParts business...
Lockheed Martin (NYSE: LMT) has initiated talks with suppliers to generate $5 billion in cost savings on the F-35 program as the company negotiates a contract to produce the 11th batch of fighter jets, Bloomberg reported Tuesday. Julie Johnsson and Anthony Capaccio write Lockheed CEO Marillyn Hewson, also an inductee into Executive Mosaic™...
Lockheed Martin‘s (NYSE: LMT) rotary and mission systems business has secured a $98.5 million contract modification to update the U.S. Navy‘s AN/SLQ-32 electronic warfare system. The Defense Department said Friday the modification covers full-rate production of the Surface Electronic Warfare Improvement Program‘s Block 2 ...
Germany looks to procure six C-130J Super Hercules airlifters worth approximately $966 million from Lockheed Martin (NYSE: LMT) as part of a joint operating agreement with France, Reuters reported Friday. Andrea Shalal writes Germany aims to send a formal request to the U.S. government in 2019 to buy C-130Js in support of ...
Lockheed Martin (NYSE: LMT) has received a potential five-year, $347 million contract from the General Services Administration to provide a range of technical, functional and managerial support services at the Defense Department‘s cybercrime center. The contract covers Defense Cyber Crime Center services such as l...
