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Tag Archives: AFLCMC

Lockheed Awarded $988M Definitive Contract for Hypersonic Weapon Prototyping Work

The U.S. Air Force has awarded Lockheed Martin (NYSE: LMT) a $988.8M modification to definitize a previous contract action for the development of a hypersonic weapon prototype. The company will support the service branch in critical design review, test and manufacturing readiness efforts under the Air-Launched Rapid Response Weapon program, the Department of Defense said Monday.

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Northrop Secures Potential $1.4B USAF IDIQ to Produce, Sustain Embedded Navigation Systems

Northrop Grumman (NYSE: NOC) has received a potential 13-year, $1.39B contract to produce and sustain next-generation navigation systems for the U.S. Air Force and foreign military sales customers. The company will provide follow-on production and sustainment services for the Embedded GPS Inertial Navigation System Modernization program, the Department of Defense said Friday.

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