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Tag Archives: Lockheed Martin

Lockheed to Build Navy Submarine Imaging System Under Potential $753M Contract

Lockheed Martin (NYSE: LMT) has secured a potential 10-year, $753.1M contract to help the U.S. Navy build and engineer an integrated submarine imaging system. The company will produce Technical Insertion 20-24 for the AN/BVY-1 ISIS in an effort to provide visual and other tools for the service branch’s submarines, the Defense Department said …

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Lockheed Pushes Agile Dev’t to Update SIGINT for Distributed Common Ground System

TYSONS CORNER, VA, September 20, 2018 — Lockheed Martin (NYSE: LMT) has utilized agile development approaches to deliver integrated signals intelligence capabilities into the intelligence, surveillance and reconnaissance system of the U.S. Air Force, ExecutiveBiz reported Wednesday. The company said Tuesday it worked with the Air Force to update and migrate …

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Lockheed, Austal Get Navy LCS Contract Modifications

Lockheed Martin (NYSE: LMT) and Austal‘s U.S. arm have received separate contract modifications to build three fiscal 2018 littoral combat ships for the U.S. Navy. The Defense Department said Tuesday Lockheed will develop one LCS and Austal USA will construct two ships under the fixed-price-incentive modifications awarded by Naval Sea …

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Lockheed Gets $7.2B Air Force Follow-On Contract for GPS III Satellites

Lockheed Martin (NYSE: LMT) has secured a potential $7.2B follow-on contract from the U.S. Air Force to build an additional 22 GPS III satellites. The service said Friday it expects the initial GPS IIIF satellite to be available for liftoff by 2026 under the fixed-price contract. “Getting to a manufacturing …

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DIA Awards Nine Spots on $500M Science & Tech Mission Support IDIQ

The Defense Intelligence Agency has awarded spots on a potential 10-year, $500 million contract to eight companies and one nonprofit organization to support missions of DIA’s science and technology directorate. Contractors will vie for research, development, engineering and technical task orders through the multiple-award, indefinite-delivery/indefinite-quantity HELIOS contract, the Defense Department said Friday. …

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Lockheed Martin Backs Competition on AI-Enabled Autonomous Drones

TYSONS CORNER, VA, September 7, 2018 — Lockheed Martin (NYSE: LMT) has partnered with the Drone Racing League to establish a competition focused on utilizing artificial intelligence to operate an unmanned aircraft system, ExecutiveBiz reported Thursday. The company said Wednesday participants in the $2M AlphaPilot Innovation Challenge will be tasked to develop an …

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General Dynamics Awarded $249M Navy Contract for USS Bonhomme Richard Maintenance Availability

General Dynamics‘ (NYSE: GD) national steel and shipbuilding business has landed a potential two-year, $249.1M contract to provide maintenance, modernization and repair services in support of the U.S. Navy‘s USS Bonhomme Richard. Services under the firm-fixed-price contract are intended to support the amphibious assault ship’s docking phased maintenance availability for …

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Michael Knowles Promoted to Lead Cubic’s Defense Segment, Dave Buss Named Senior Adviser

Michael Knowles, former vice president and general manager of the air ranges business unit within Cubic’s (NYSE: CUB) global defense segment, has been named corporate senior VP and president of the segment in a move that will take effect Oct. 1. Knowles will succeed Dave Buss, a corporate SVP who will …

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Lockheed Awarded $500M Navy Electronics Test Equipment Supply Contract

Lockheed Martin (NYSE: LMT) has received a potential $500M contract to supply the U.S. Navy with more than 200 units of equipment designed to test aircraft electronics. The company said Tuesday it will produce and deliver Electronic Consolidated Automated Support Systems over a seven-year period. Sailors uses eCASS to troubleshoot electronic …

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SPA Taps Space & Defense Vet Pamela Melroy as Board Member; William Vantine Quoted

TYSONS CORNER, VA, August 31, 2018 — Systems Planning and Analysis unveiled earlier this month that Pamela Melroy, a former Space Shuttle commander at NASA and retired U.S. Air Force colonel, has joined the company’s board of directors, ExecutiveBiz reported Aug. 21. “Colonel Melroy brings unique and extensive experience in space, hypersonics and …

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