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Tag Archives: Lockheed Martin

Lockheed Martin Wins Marine Corps Deal

Lockheed Martin (NYSE: LMT) won a $24 million contract from the Marine Corps to provide four new systems and upgrades to 36 of its gunnery trainers for M1-A1 main battle tanks and LAV-25 Light Armored Vehicles. “With AGTS, we developed an agile, affordable solution that offers unique configurations for users …

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Lockheed Martin Lands MDA Modification Worth $59 Million

The Missile Defense Agency is awarding to Lockheed Martin (NYSE: LMT) a fixed-price-incentive, firm target contract modification (#P00054) under contract HQ0147-07-C-0196.  The total face value of this contract modification is $59, 967, 276, raising the total contract value to $1, 640, 464, 542.  Under this modification, Lockheed Martin Space Systems …

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Lockheed Locks Down Trio of Air Force Deals

According to the Department of Defense, “Lockheed Martin (NYSE: LMT) is being awarded a $45, 757, 735 firm-fixed-price contract modification for an increase quantity buy of 75 baseline missiles for the Joint-Air-to-Surface-Missiles Program Office.  At this point, $45, 757, 735 has been obligated.  Work will be performed in Orlando, Fla. …

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Lockheed Lands on Army Deal Worth Potential $450 Million

Lockheed Martin (NYSE: LMT) won a deal to provide the Instrumented Ranges / Digital Range Training System to the U.S. Army’s Program Executive Office for Simulation, Training and Instrumentation. The ID/IQ award includes an initial $17.6 million delivery order, with a maximum estimated value of $450 million over a five-year …

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Lockheed Books $105 Million Order from General Dynamics

General Dynamics (NYSE: GD) C4 Systems, the prime contractor for the Warfighter Information Network-Tactical, or “WIN-T”, awarded Lockheed Martin (NYSE: LMT) a $105 million order to produce additional communications equipment for WIN-T Increment 2. “This increment of WIN-T allows commanders to stay connected from company through division echelons, which is …

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Lockheed Martin Wins MDA Work

According to the Department of Defense, “the Missile Defense Agency is announcing the award of a cost-plus-fixed-fee contract to Lockheed Martin (NYSE: LMT) with an award value of $43, 333, 077.  Under this contract (HQ0147-11-C-0008), Lockheed will work with MDA on the concept definition and program planning for the Standard …

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Lockheed Martin Delivers Jamming System

Lockheed Martin delivered its 2, 000th Symphony jamming system to the Defense Department this week as part of $940 million, four-year contract to supply the U.S. Navy with RC-IED Defeat jammers. The jammers detect and inhibit electronic signals used to trigger radio-controlled IEDs. Lockheed said the system is easy to …

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Raytheon Announces Successful Test-fire of Lockheed Missile Segment

The missile-defense partnership between Raytheon (NYSE: RTN) and Lockheed Martin (NYSE: LMT)  took off in a big way this week, as Raytheon announced its Air and Missile Defense System had successfully test-fired Lockheed’s PAC-3 missile segment enhancement at a New Mexico missile range. “This demonstration of Lockheed Martin’s MSE missile …

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Lockheed, Finmeccanica, Cobham Team to Work on Air Traffic Services Effort

Lockheed Martin, Finmeccanica – through its U.K. company SELEX Systems Integration – and Cobham have agreed to form Fusion Air Traffic Management, which will address Project MARSHALL. Formerly known as the Joint Military Air Traffic Services  program, MARSHALL is a major air traffic services project for U.K.’s Ministry of Defence. …

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Lockheed Martin Books DoD Deal

According to the Department of Defense, “Lockheed Martin (NYSE: LMT) was awarded a $49, 107, 559 cost-plus-fixed-fee contract.  The award will provide for the operational support services for the Joint Improvised Explosive Device Defeat Organization.  Work will be performed in Arlington, Va.; Afghanistan; and Iraq, with an estimated completion date …

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