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Tag Archives: Lockheed Martin

BAE, GD, Lockheed, NGC, SAIC, Six Other Firms Win Pieces of $6.6B SITE Deal; Boeing Inks Own Deal

According to the Department of Defense, “BAE (HHM402-10-D-0013); General Dynamics (NYSE: GD) (HHM402-10-D-0014); Lockheed Martin (NYSE: LMT) (HHM402-10-D-0015); Northrop Grumman (NYSE: NGC) (HHM402-10-D-0016); SAIC (NYSE: SAI) (HHM402-10-D-0017); Systems Research and Applications Corp., Fairfax, Va. (HHM402-10-D-0018); BC Fed Group, LLC, Reston, Va. (HHM402-10-D-0019); CenTauri Solutions, LLC, Alexandria, Va. (HHM402-10-D-0020); Enterprise Information …

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General Dynamics, Lockheed Martin Ink Army Deals

According to the Department of Defense, “Lockheed Martin (NYSE: LMT) was awarded on May 10 a $142, 086, 975 cost-plus-fixed-fee contract for Joint Improvised Explosive Device Defeat Organization Counter-Improvised Explosive Device Operational Integration Center Analytical Support Team supplement.  Work is to be performed in Reston, Va. (60 percent), and Afghanistan …

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Lockheed Moving Forward with FAA

Lockheed Martin (NYSE: LMT) won a contract to develop and implement the Time Based Flow Management (TBFM) program for the Federal Aviation Administration’s Office of System Operations Programs. The initial 5-year contract includes options that, if exercised, could bring the total value to $202 million over 10 years. “We have …

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Lockheed Inks FAA Deal

Lockheed Martin (NYSE: LMT) won a five-year, $28-million contract from the FAA to design and integrate a supply chain software platform that supports operations to maintain, repair and track equipment used throughout the nation’s National Airspace System (NAS). According to Lockheed: “the Commercial Off-the-Shelf (COTS) solution will optimize the visibility, …

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Lockheed’s Don Morrison Offers Contract Advice for the Rough Economy

Lockheed Martin’s (NYSE: LMT) Don Morrison sat down with ExecutiveBiz to discuss the tough economic climate, and what contracting executives can do to successfully navigate the terrain: “We’re all experiencing the same things. What’s most difficult in this economic downturn is that Wall Street’s expectations are still growing. They want …

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Lockheed, Harris Sign Deals with Navy

According to the Department of Defense: “Lockheed Martin (NYSE: LMT) is being awarded a ceiling $70, 000, 000 indefinite-delivery/indefinite-quantity contract for the continued maintenance and sustainment of the AN/TPS-59(V)3 three-dimensional long-range radar system.  This acquisition is for the continued post-production life cycle support of the AN/TPS-59 radar system and includes …

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Lockheed Developing Lighter ‘Kinetic Energy’ Armor

Lockheed Martin (NYSE: LMT) won a $1.5 million contract from the U.S. Army Applied Aviation Technology Directorate that continues development of the Kinetic Energy Net (KEN) armor design. According to Lockheed, KEN is a modular composite armor system developed by Lockheed Martin that is lighter than current aircraft armor, but …

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Lockheed, Harris Lock Down DoD Deals

According to the Department of Defense: “Lockheed Martin (NYSE: LMT) is being awarded a cost-plus-incentive-fee/cost-plus-award-fee modification with a total value of $151, 862, 595 under contract HQ0276-10-C-0001.  The modification will exercise options to provide system engineering, program management, and other efforts to complete the development and test of the Aegis …

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Lockheed Offers Switch for Outstanding Debt Securities For New Notes And Cash

Lockheed Martin Corporation (NYSE: LMT) will offer to exchange any and all of its outstanding debt securities listed in the table below (the “old notes”) for a new series of 5.72% notes due 2040 (the “new notes”) and, in the case of the 7.20% Debentures due 2036, an additional cash …

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Northrop, Lockheed Claim DoD Deals

According to the Department of Defense: “Northrop Grumman (NYSE:NOC) was awarded on April 16 an $18, 254, 115 firm-fixed-price contract for Type 1 encryption provided by the programmable inline encryption device.  The contract will have a period of performance of five years and a ceiling of $300, 000, 000.  Work …

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