The U.S. Navy has awarded Lockheed Martin (NYSE: LMT) a one-year, $95.4 million contract modification to continue the production of Trident II D5 ballistic missiles and to support deployed missile systems. The Defense Department said Wednesday that $90.1 million in obligated contract funds will expire by the end of the current fiscal ...
TYSONS CORNER, VA, Feb. 15, 2017 ” Lockheed Martin (NYSE: LMT), Inmarsat and GMV will support Australia’s geoscience research agency in a program that aims to develop a testbed that would demonstrate the potential applications of Global Navigation Satellite Systems on positioning, navigation and timing, ExecutiveBiz re...
A business unit of Lockheed Martin (NYSE: LMT) has been awarded a $540.8 million contract modification to produce Trident II D5 fleet ballistic missiles for the U.S. Navy. The Defense Department said Tuesday that Lockheed’s space systems business will also support deployed Trident II missile systems under the modification. ...
TYSONS CORNER, VA, Feb. 13, 2017 ” A Lockheed Martin (NYSE: LMT), Northrop Grumman (NYSE: NOC) and Comtech Telecommunications (Nasdaq: CMTL) team has integrated and tested a new communications terminal with the Advanced Extremely High Frequency network, ExecutiveBiz reported Friday. The test works to check the Low Cost Terminal‘...
TYSONS CORNER, VA, Feb. 10, 2017 ” A Lockheed Martin-built (NYSE: LMT) C-130J Super Hercules with Block 8.1 updates has undergone a training flight at Little Rock Air Force Base as the U.S. Air Force seeks to validate the aircraft’s new hardware and software, Executive Gov reported Wednesday. The service branch sa...
TYSONS CORNER, VA, Feb. 10, 2017 ” The Lockheed Martin (NYSE: LMT) business unit in Canada has partnered with Rank Software in efforts to deliver cybersecurity and security analytics services to defense programs in the country and abroad, ExecutiveBiz reported Thursday. Lockheed Martin Canada said Tuesday the collaboration aims t...
TYSONS CORNER, VA, Feb. 9, 2017 ” Lockheed Martin (NYSE: LMT) has adopted DigitalGlobe‘s (NYSE: DGI) geospatial big data analytics platform to support the development of new commercial products designed to provide precision coordinates and three-dimensional maps, ExecutiveBiz reported Wednesday. Di...
TYSONS CORNER, VA, Feb. 9, 2017 ” The Australian defense ministry will debut the country’s new Lockheed Martin-built (NYSE: LMT) F-35A fighter jets and a Boeing-built (NYSE: BA) EA-18G Growler electronic warfare aircraft at the Australian International Airshow on March 3, Executive Gov reported Wednesday. Australian De...
The Defense Department and Lockheed Martin (NYSE: LMT) have finalized an $8.5 billion contract for the manufacturer to supply 90 lot 10 F-35s, an order that is $728 million less than the cost of the previous batch of the fighter jets, Reuters reported Friday. Mike Stone writes the latest F-35 deal lowers the price of the air...
TYSONS CORNER, VA, Feb. 3, 2017 ” Lockheed Martin (NYSE: LMT) has completed and delivered the first F-22 Raptor fighter aircraft to have undergone inlet coating repair work at its Speedline facility in Marietta, Georgia, ExecutiveBiz reported Thursday. The company said Wednesday it performs modification support ser...
