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Lockheed to Continue Navy Submarine Engineering Support Under $120M Contract Modification

Lockheed Martin (NYSE: LMT) has received a $119.7 million contract modification to help the U.S. Navy integrate visual systems and other components into submarines. The Defense Department said Monday Lockheed’s rotary and mission systems unit will perform design, development, test, reverse engineering, technology insertion/refreshment, field engineering and system support under …

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Lockheed Secures $75M Option on Air Force C-130J Sustainment Contract

Lockheed Martin (NYSE:LMT) has received a $74.7 million contract modification to support long-term sustainment work on the U.S. Air Force‘s fleet of C-130J military transport aircraft. The modification exercises the first option under a previously awarded indefinite-delivery/indefinite-quantity contract and covers inventory control point management, sustaining engineering, repair of reparables, technical data, …

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Lockheed to Help Navy Deploy Aegis Combat Systems Under $93M Contract Modification

Lockheed Martin (NYSE: LMT) has received a one-year, $93.5 million contract modification to complete the development and fielding of the Aegis Weapon System and integrated Aegis Combat System on three of the U.S. Navy‘s Arleigh Burke-class destroyers. The Defense Department said Friday the contract covers follow-on support services for USS Thomas Hudner, USS Paul …

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Lockheed Secures $192M in Navy Aegis Combat System Modernization Funds

Lockheed Martin (NYSE: LMT) has received a potential $192.3 million contract modification from the U.S. Navy for production support to the Aegis combat system modernization effort in fiscal 2017. The Defense Department said Thursday Lockheed’s rotary and mission systems business will perform work in Moorestown, New Jersey; Clearwater, Florida; and Owego, New York …

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GE Lands Spot on $409M AF Thermal, Power, Controls R&D Contract

General Electric (NYSE: GE) has won a position on a potential $409 million U.S. Air Force contract to research and develop thermal, power and controls systems for aircraft engines and airframes. The Defense Department said Wednesday the Next Generation Thermal, Power, and Controls program is a multi-agency and industry effort that seeks …

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CAE Books $139M Defense Contracts for Aircraft Training Products & Services; Gene Colabatistto Comments

CAE has secured more than $138.5 million in contracts during the first quarter of its 2018 fiscal year to provide aircraft simulation products, training services and in-service support to U.S. and international defense customers. Montreal-based CAE said Tuesday it received contracts from Lockheed Martin (NYSE: LMT), L3 Technologies‘ (NYSE: LLL) MAS subsidiary and Airbus Group‘s …

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Lockheed Secures $130M Army Contract Funds for Fiscal 2017 PAC-3 Missile Production

Lockheed Martin (NYSE: LMT) has secured a $130.3 million modification to build additional Patriot Advanced Capability-3 air defense missiles for the U.S. Army and government customers under the foreign military sales program. The Defense Department said Friday Lockheed will provide a total of 35 PAC-3 missile segment enhancement interceptors to the …

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Lockheed Gets $5.6B Modification on Lot 11 F-35 Production Contract

Lockheed Martin (NYSE:LMT) has received a potential $5.58 billion contract modification from the U.S. Navy for the low-rate initial production of lot 11 fiscal 2017 F-35 Lightning II aircraft. The modification covers the production of 48 F-35As for the U.S. Air Force, 18 F-35Bs for the U.S. Marine Corps and eight F-35Cs for …

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Lockheed Gets $74M in Navy Contract Modifications for Lots 11, 12 F-35 Parts, Engineering Support

The U.S. Navy has awarded Lockheed Martin (NYSE: LMT) two contract modifications worth approximately $73.9 million combined to provide materials and services to support the low-rate initial production of F-35 Lightning II aircraft. Lockheed will provide long-lead parts and components for additional five lot 12 F-35B fighter jets under a $43.9 million …

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Air Force Taps Lockheed for Potential $409M Thermal, Power, Control R&D Contract

Lockheed Martin (NYSE: LMT) has won a spot on a potential seven-year, $409 million indefinite-delivery/indefinite-quantity contract to support a U.S. Air Force program that seeks to research and develop thermal, power and control technologies for air platforms. The Defense Department said Friday the Next Generation Thermal, Power, and Controls program will involve multiple …

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