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Lockheed Martin (NYSE: LMT) has received a $1.06 billion contract to sustain and provide recurring logistics support for F-35 aircraft of the U.S. Navy, Marine Corps, Air Force, non-Defense Department participants and foreign military sales customers. DoD said Tuesday that Lockheed will conduct sustainment efforts such as gr...
TYSONS CORNER, VA, Feb. 27, 2017 ” Lockheed Martin (NYSE: LMT) has signed a memorandum of understanding with Abu Dhabi Ship Building Company to provide sustainment support for the United Arab Emirates’ naval assets, ExecutiveBiz reported Friday. The MOU covers joint maintenance, repair and overhaul services for the UAE navy...
TYSONS CORNER, VA, Feb. 27, 2017 ” Lockheed Martin (NYSE: LMT) has unveiled plans to relocate an estimated 650 positions under the Fleet Ballistic Missile program from California to Colorado and Florida by 2024, ExecutiveBiz reported Friday. The company said Thursday the move aims to build on skill sets, resources and infrastructure a...
TYSONS CORNER, VA, Feb. 23, 2017 ” Lockheed Martin (NYSE: LMT) has completed the first flight test of its second production-ready T-50A trainer aircraft at the company’s final assembly and checkout facility in South Carolina, ExecutiveBiz reported Wednesday. The company said Monday it aims to offer the T-50A in the U.S. Air...
TYSONS CORNER, VA, Feb. 22, 2017 ” Lockheed Martin (NYSE: LMT) will produce laser-guided training rounds for Poland’s military under a $1.9 million contract from Megmar Logistics and Consulting, ExecutiveBiz reported Tuesday. This is Poland’s first procurement of the Enhanced Laser Guided Training Rounds under the F-16 Block 52...
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...
