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Lockheed Lands $558M Navy Contract for Lot 11 F-35 Sustainment Support

Lockheed Martin (NYSE: LMT) has received a potential $558.3 million contract from the U.S. Navy to provide sustainment services to support the low-rate initial production of lot 11 F-35 Lightning II fighter jets. The Defense Department said Thursday the sustainment support contract includes training facilities and devices, Autonomic Logistics Information System software …

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Lockheed Taps BAE for Potential $100M F-35 Electronic Warfare Sustainment Contract

Lockheed Martin (NYSE: LMT) has awarded BAE Systems a potential five-year, $100 million contract to provide sustainment support for electronic warfare platforms aboard the F-35 Lightning II fighter jet. BAE said Tuesday it will oversee the supply chain for the EW suite, manage regional warehouses with on-hand EW component inventories …

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Report: Barry McCullough Takes New VP Role at Lockheed

Barry McCullough, formerly vice president of international business development at Lockheed Martin‘s (NYSE: LMT) rotary and mission systems business, has been named as the unit’s VP of strategy and business development, Inside Defense reported Wednesday. The report said McCullough will lead the development and implementation of the RMS business strategy in his …

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Lockheed to Supply Arleigh Burke-Class Ship Machinery Control Equipment Under $194M Contract

Lockheed Martin (NYSE: LMT) has received a potential $194.3 million contract to provide consoles and cabinets for the machinery control system of the U.S. Navy‘s Arleigh Burke-class guided missile destroyers. DDG 51 MCS is designed to monitor and manage the ship’s auxiliary, damage control, electrical and propulsion systems, the Defense Department said Tuesday. …

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State Dept OKs Potential $1.4B Lockheed Transport, Tanker Aircraft Sale to Germany

The State Department has approved Germany’s request to procure three Lockheed Martin-built (NYSE: LMT) C-130J-30 military transport aircraft and three KC-130J tanker planes from the U.S. government under a potential $1.4 billion foreign military sales agreement. Lockheed will serve as the prime contractor in the proposed deal that seeks to build up …

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Lockheed-Led Team Lands $1.4B F-35 Sustainment Support Contract

A Lockheed Martin-led (NYSE: LMT) industry team has received a potential $1.4 billion contract to provide sustainment support for F-35 fighter jets worldwide. The contract awarded by the F-35 joint program office also covers Automatic Logistics Information System support, predictive health management and data analytics; supply chain logistics; air system maintenance; …

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Lockheed Receives $829M Army FMS Contract for Multiple Launch Rocket Systems

Lockheed Martin (NYSE: LMT) has secured a potential $828.7 million contract from the U.S. Army to produce Guided Multiple Launch Rocket Systems for Finland, South Korea and Romania. The Defense Department said Friday. the full obligated amount at the time of award is from the Army’s fiscal 2016, 2017 and 2018 “other” procurement and foreign …

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Govini Report: Federal Investment in Space, Hypersonic Tech Hit $83B in FY 2011-2017

A Govini report says U.S. government investments in space and hypersonic technologies from fiscal years 2011 through 2017 reached approximately $83 billion and annual government spending on such platforms rose by 6 percent over the period, SpaceNews reported Sunday. United Launch Alliance ranked first in the top 15 vendors list …

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Lockheed Wins Potential $928M Air Force IDIQ to Design, Build Hypersonic Strike Weapon

Lockheed Martin (NYSE: LMT) has won a potential $928 million contract to design, develop, integrate and test a hypersonic conventional strike weapon that can launch from bomber and fighter aircraft platforms. The Air Force Life Cycle Management received three offers for the indefinite-delivery/indefinite-quantity contract that will also include engineering and logistics planning services, the Defense Department said …

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Report: Nelson Pedreiro Appointed to Lead Lockheed’s Space Research Org

Nelson Pedreiro, formerly chief engineer for strategic and missile defense systems at Lockheed Martin‘s (NYSE: LMT) space systems business, has been named head of the company’s Palo Alto, California-based advanced technology center, SpaceNews reported Wednesday. He will succeed Scott Fouse in the role and lead approximately 600 technicians and scientists …

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