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Tag Archives: Lockheed Martin

Lockheed Receives $349M Navy Contract to Build F-35 Developmental Lab, Flight Test Infrastructure

Lockheed Martin (NYSE: LMT) has secured a potential $348.9M contract to provide infrastructure for F-35 developmental laboratories and flight tests. The infrastructure will support the fighter aircraft program’s development, production and sustainment efforts, the Defense Department said Thursday. DoD noted the cost-plus-incentive-fee contract combines purchases from the Navy, U.S. Marine Corps, U.S. Air Force …

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Lockheed to Build MH-60R Helicopters for Navy Under Potential $382M Contract

Lockheed Martin (NYSE: LMT) has secured a potential two-year, $382M contract to manufacture and deliver eight MH-60R Seahawk multimission helicopters to the U.S. Navy. The company will also provide program management and systems engineering services as part of the firm-fixed-price and cost-plus-fixed-fee contract, the Defense Department said Wednesday. The Navy will …

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Lockheed Gets $22.7B Modification on Lot 12 F-35 Aircraft Production, Delivery Contract

Lockheed Martin‘s (NYSE: LMT) aeronautics business has received a $22.71B contract modification to build and deliver 255 lot 12 F-35 aircraft to domestic and international military clients. The U.S. Navy awarded the modification for the company to manufacture 106 F-35 units for the U.S. military; 89 units for non-Defense Department users; …

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Potomac Officers Club Hosts 2018 Multi-Domain Battlefield Forum

On Thursday, Nov. 1st, GovCon leaders from the public and private sector gathered for the Potomac Officers Club’s 2018 Multi-Domain Battlefield Forum, where keynote speaker Brig. Gen. Chance Saltzman, director of current operations, U.S. Air Force, discussed the challenges and strategic opportunities facing multi-domain operations. An expert panel followed, featuring: …

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Lockheed Gets $350M Modification for JASSM Life Cycle Support

Lockheed Martin (NYSE: LMT) has landed a $350M modification to an existing production support indefinite-delivery/indefinite-quantity contract for the U.S. Air Force‘s Joint Air-to-Surface Standoff Missile. The company will provide logistics, integration, production, sustainment, system updates and management support for all JASSM variants including the Long Range Anti-Ship Missile and the JASSM-Extended …

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Lockheed Gets $130M Modification for F-35 Pre-Modernization Support

The U.S. Navy has awarded a $130.4M contract modification to Lockheed Martin‘s (NYSE: LMT) aerospace business for decomposition and design efforts in preparation for F-35 Block 4 modernization. The company will work to help the aircraft meet weapon and air system requirements corresponding to Block 4.1 standard, the Defense Department said …

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Lockheed, MDA Test Latest Aegis Combat System Against Medium-Range Missile

TYSONS CORNER, VA, October 31, 2018 — Lockheed Martin (NYSE: LMT) and the Missile Defense Agency have completed a demonstration of the company’s updated Aegis Combat System designed to counter medium-range ballistic missile threats, ExecutiveBiz reported Monday. The company said Friday the at-sea Flight Test Standard Missile–45 activity served to showcase the Aegis Baseline …

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Karoom Brown Joins Optum’s Federal Health Unit as Chief Strategy, Products & Growth Officer

Karoom Brown, a more than 17-year government and commercial health care market veteran, has been named chief global strategy, products and growth officer at Optum’s federal health services unit, GovCon Wire has learned. He will lead OptumServe‘s efforts to identify new business opportunities and expand technology offerings in the federal sector. Brown previously …

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ULA Gets $152M Contract for Rocket Launch Services to NRO Mission; Tory Bruno Quoted

Boeing (NYSE: BA) and Lockheed Martin‘s (NYSE: LMT) joint venture United Launch Alliance has received a potential $152.4M contract to produce a heavy rocket for the National Reconnaissance Office‘s Launch Mission One. The Defense Department said Wednesday ULA will help the agency launch the mission with a heavy configuration of the Delta IV Evolved Expendable Launch Vehicle. The U.S. …

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Navy Taps Lockheed Subsidiary for Helicopter Logistics, Repair Under $717M Contract

Lockheed Martin‘s (NYSE: LMT) Sikorsky Aircraft subsidiary has received a $717.4M sole-source contract to perform logistics and repair services for 98 components of the U.S. Navy‘s CH-53 and MH-53 helicopters. The service branch will allot $142.7M to finance the firm-fixed-priced, performance-based logistics contract’s delivery order, the Defense Department said Wednesday. …

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