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Tag Archives: Lockheed Martin

Exelis to Build GPS III Payloads for Lockheed

ITT Exelis (NYSE: XLS) won a $32 million contract from Lockheed Martin Corp. (NYSE: LMT) to build satellite navigation payloads. The McLean, Va. based communications and contracting firm will develop the payloads for Global Positioning System III space vehicles three and four. Mark Pisani, a vice president and general manager …

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Lockheed Wins $166M Army Contract for Fire Finder Radars

Lockheed Martin Corp. (NYSE: LMT) won a $166, 044, 028 U.S. Army contract to produce radar systems for defending against rockets, mortars and artillery, the Defense Department announced Tuesday. The Bethesda, Md.-based contractor won a potential $881 million contract in early March to produce the AN/TPQ-36 Fire Finder radars. That …

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Lockheed Wins $95M for Navy F-35 Production

Lockheed Martin Corp. (NYSE: LMT) won nearly $95 million in U.S. Navy contract modifications for additional F-35 production work, the Defense Department announced Monday. The first award, a $56, 329, 396 cost reimbursement modification, covers sustainment efforts to meet the requirements and delivery schedule for lot five of low rate …

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Lockheed Wins Potential $841M Sniper Pod Upgrade Contract

Lockheed Martin (NYSE: LMT) won a potential $841 million U.S. Air Force contract to provide post-production support for sniper targeting pods. The Bethesda, Md.-based contractor said the Air Force will award the seven-year contract incrementally over a five-year period with two option years. Work under the indefinite-delivery/indefinite-quantity contract will include …

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CACI Wins $78M Air Force Tech Modernization Contract; Dan Allen Comments

CACI International Inc. (NYSE: CACI) won a $78 million Air Force contract to provide technology modernization support for an information technology program. The Chantilly, Va.-based contractor said Thursday would provide the Air Force’s civil engineer office integration, sustainment and deployment services under the one-base year and four option years contract. …

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US, Finland Strike $237M Deal for Lockheed Cruise Missiles

Finland will purchase $237 million in cruise missiles from Lockheed Martin Corp. (NYSE: LMT) through an approved foreign military sale, according to the Boston Globe. The U.S. Defense Department and Congress approved the Finnish Defense Ministry’s purchase of the air-to-surface in November, according to the Globe. Finland purchased an unspecified amount …

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Lockheed Wins $88M for Navy Aegis Systems Engineering

Lockheed Martin Corp. (NYSE: LMT) won an $88, 467, 830 U.S. Navy contract modification to provide engineering services for shipboard Aegis systems, the Defense Department announced Thursday. The Navy exercised fiscal year 2012 options for systems engineering and modernization on CG 57 and DDG 51-class ships. Lockheed will perform work …

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Lockheed Wins $70M for Air Force Search-and-Rescue Aircraft

Lockheed Martin Corp. (NYSE: LMT) won a $70 million U.S. Air Force contract to provide seven search-and-rescue aircraft, the Defense Department announced Wednesday. Lockheed will provide one HC-130J, two AC-130J, and four MC-130J aircraft under the firm-fixed-price contract. Lockheed will perform work in Marietta, Ga and the Pentagon expects Lockheed …

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