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Tag Archives: Lockheed Martin

Lockheed Marches to Pair of Army Wins

According to the Department of Defense, “Lockheed Martin (NYSE: LMT) was awarded an $85, 300, 000 firm-fixed-price contract.  The award will provide for the procurement of 42 MX-20 lite sensor B-kits; 21 MX-20 lite installation A-kits; five upgraded ground control stations and associated gondolas, to include required software upgrades; and …

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Lockheed, Bristow Team to Offer Aussie Helicopter Solutions

Lockheed Martin (NYSE: LMT) will team with Bristow (NYSE: BRS) Helicopters Australia “to offer a complete training solution to the Australian Defence Force for its Project Air 9000 Phase 7 Helicopter Aircrew Training System requirement.” The program will enable a rotary-wing training capability for the aircrews of the Royal Australian …

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Lockheed Martin Books Spot on Billion-Dollar C4ISR Deal

Lockheed Martin (NYSE: LMT) was selected by SPAWAR as one of four companies that will bid for situational awareness enhancement work on U.S. Navy ships, submarines and shore stations. The three-year ID/IQ carries an $831 million ceiling value, and a single two-year option period that would raise the ceiling to …

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Lockheed Martin Secures 5 Defense Work Orders

According to the Department of Defense, “Lockheed Martin (NYSE: LMT) was awarded a $26, 743, 947 modification to previously awarded contract (N00024-09-C-5110) for the option exercise of the DDG 114 Aegis weapon system, including a multi-mission signal processor, and associated special tooling and special test equipment.  Work will be performed …

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Lockheed Looks for Partners Down Under

Lockheed Martin (NYSE: LMT) issued a request for information from potential partners the firm could connect with to bid for work on Australia’s MH-60R helicopter. After signing the Global Supply Chain Deed, the firm is looking to establish long-term partnerships with Australian companies. “Growth in orders for the MH-60R has …

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Lockheed Martin Snares Army Contract

According to the Department of Defense, “Lockheed Martin (NYSE: LMT) was awarded a $22, 197, 000 cost-plus-fixed-fee contract.  The award will provide for upgrade kits including installation and training for Multiple Launch Rocket System M270 launchers to meet the requirements of the Universal Fire Control System.  Work will be performed …

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Lockheed Martin Books Navy Win

According to the Department of Defense, “Lockheed Martin (NYSE: LMT) is being awarded a $21, 867, 788 modification to a previously awarded firm-fixed-price contract (N00019-10-C-0092) to exercise an option for the procurement of 7, 665 enhanced laser guided training round Paveway II units for the Navy (7, 217) and the …

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Lockheed Martin Sells PAE Business

Lockheed Martin (NYSE: LMT) has reached an agreement to sell its Pacific Architects and Engineers Incorporated business to Lindsay Goldberg, LLC. “Our decision to divest PAE followed a comprehensive review of our portfolio to find ways to continuously provide the best, most affordable solutions for our customers, a secure future …

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Lockheed Martin Inks Air Force Contract

According to the Department of Defense, “Lockheed Martin (NYSE: LMT) was awarded a $19, 800, 000 contract modification for a Foreign Military Sales program which will provide the government of Egypt with peculiar support equipment and country standard technical orders.  At this time, $7, 140, 000 has been obligated. ASC/WWMK, …

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Lockheed Books Deal with Air Force

Lockheed Martin (NYSE: LMT) won a contract worth $34.5 million to provide paveway II Plus Laser Guided Bomb GBU-12 kits to the Air Force. The kits increase weapon accuracy and reduce risk to troops compared to legacy products. “Lockheed Martin proven paveway II Plus LGB provides warfighters a reliable precision …

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