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Tag Archives: Lockheed Martin

Navy Picks 22 Firms for $980M Training System Design, Production IDIQ

The U.S. Navy has awarded 22 companies spots on a potential five-year, $980 million contract to design, build and manufacture training systems and related devices. The service received 40 proposals for the firm-fixed-price, cost-plus-fixed-fee, indefinite-delivery/indefinite-quantity contract that will run through November 2023, the Defense Department said Friday. The contractors will …

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Lockheed to Help UK Establish Launch Ops at Future Scotland Spaceport; Rick Ambrose Comments

TYSONS CORNER, VA, July 27, 2018 — Lockheed Martin (NYSE: LMT) will support the development of a launch site in Scotland and a new deployment platform for small satellites under two contracts potentially worth $31 million combined from the U.K. space agency, ExecutiveBiz reported July 18. Space News reported July 17 …

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Executive Mosaic’s Weekly GovCon Round-Up: L3 Technologies’ M&A Activity & Top 10 Stories

Weekly Roundup July 16 – July 20, 2018 Click here to see Real-Time GovCon Sector Quotes Executive Mosaic’s Weekly GovCon Round-Up: L3 Technologies’ M&A Activity & Top 10 Stories Jim Garrettson, Executive Mosaic CEO       L3 Technologies Enjoys Strong M&A Activity in July This week, I’d like to highlight L3 Technologies which has engaged in …

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Report: IBM, Lockheed, Other Companies to Advise New White House Council on US Workforce

TYSONS CORNER, VA, July 20, 2018 — IBM (NYSE: IBM) and Lockheed Martin (NYSE: LMT) are among the companies that have been named to an advisory board for a new council co-led by Labor Secretary Alex Acosta and Presidential Adviser Ivanka Trump that focuses on the U.S. workforce, ExecutiveBiz reported Thursday. Bloomberg …

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Lockheed Teams With Raytheon-Thales JV on NATO Missile Defense C2 Effort

TYSONS CORNER, VA, July 19, 2018 — Lockheed Martin (NYSE: LMT) has partnered with a joint venture between Raytheon (NYSE: RTN) and Thales to deliver command-and-control technology in support of NATO’s air and ballistic missile defense system, ExecutiveBiz reported Wednesday. ThalesRaytheonSystems will serve as system integrator and work with Lockheed to …

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MDA Raises Lockheed THAAD Field Support IDIQ Ceiling to $725M

Lockheed Martin (NYSE: LMT) has received a $164 million contract modification to continue field support services for the Missile Defense Agency‘s anti-ballistic missile defense system. The modification would increase the ceiling value of Lockheed’s Terminal High Altitude Area Defense Field Support contract from $561 million to $725 million, the Defense Department said …

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Lockheed Wraps Quality Tests on Satellite Fuel Tank With 3D-Printed Parts; Rick Ambrose Comments

TYSONS CORNER, VA, July 18, 2018 — Lockheed Martin (NYSE: LMT) has concluded quality tests on a titanium container that it built with 3D-printed parts to store fuel for the LM 2100 satellite bus as part of a multiyear development effort, ExecutiveBiz reported Thursday. The company said July 11 it used the Electron Beam …

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Lockheed-Northrop JV Gets $170M in Army, International Apache Radar Hardware Orders

A Lockheed Martin (NYSE: LMT)-Northrop Grumman (NYSE: NOC) joint venture has secured contracts worth $170.5 million combined to supply fire control radar components for the U.S. Army‘s lots 7 and 8 Apache AH-64E helicopters. Longbow will supply FCR mast mounted assemblies, radar electronic units and spares to the Army as well as Saudi Arabia, Qatar and the …

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Lockheed, DARPA Conduct Integrated Multi-Platform Operation Demo for System-of-Systems Effort

TYSONS CORNER, VA, July 16, 2018 — Lockheed Martin’s (NYSE: LMT) Skunk Works division has collaborated with the Defense Advanced Research Projects Agency to conduct a series of flight tests in an effort to demonstrate integrated operations between air, space, land, sea and cyber platforms in contested environments, ExecutiveBiz reported Friday. The …

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UTC Lands $140M in Contracts to Support Navy, National Guard Aircraft Propeller Upgrades

United Technologies Corp.‘s (NYSE: UTX) aerospace systems unit has secured contracts worth more than $140 million to help the update propeller systems in the U.S. Navy‘s C/KC-130T aircraft. The UTC Aerospace Systems business has also completed nine of 12 contracted propeller upgrades for the Air National Guard’s C-130H planes, the company said said Monday. NATO’s support …

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