Tag Archives: Lockheed Martin

Lockheed Awarded $482M to Deliver Initial Air Vehicle Spares to F-35 Customers

Lockheed Martin‘s (NYSE: LMT) aeronautics business has received a four-year, $481.9 million delivery order from the Naval Air Systems Command for F-35 initial air vehicle spares. The U.S. Navy, U.S. Air Force and U.S. Marine Corps, non-Defense Department participants and foreign military sales customers will receive the spares, DoD said Thursday. Forty percent of purchases are …

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Air Force Awards Lockheed Potential $200M AFSOC Training Support Contract

Lockheed Martin (NYSE: LMT) has received a potential eight-year, $200 million contract from the U.S. Air Force to support aircraft schoolhouse operations and aircrew training efforts of the Air Force Special Operations Command. The company said Thursday it will help AFSOC engineer and manage the cybersecurity of training devices to ensure …

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Lockheed to Support Army Training Systems, Live-Fire Ranges Under Potential $3B Contract

Lockheed Martin (NYSE: LMT) has won a potential seven-year, $3.53 billion contract to provide training tools and simulators to the U.S. Army. The company will also help the service branch operate and maintain instrumentation systems and live-fire ranges under the firm-fixed-contract, the Defense Department said Thursday. The Army Contracting Command received two bids via the …

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ULA to Help Launch 2 AFSPC Satellites Under Potential $355M Contract

United Launch Alliance has won a potential two-year, $354.8 million contract to provide launch and mission services to deliver two Air Force Space Command satellites into orbit. The Boeing (NYSE: BA)-Lockheed Martin (NYSE: LMT) joint venture will conduct launch vehicle production, mission integration, launch operations, spaceflight worthiness and mission-unique efforts for the AFSPC-8 and …

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Lockheed Offers Mini Hit-to-Kill Missile for Army’s Indirect Fires Protection Capability

TYSONS CORNER, VA, March 14, 2018 — Lockheed Martin (NYSE: LMT) will pitch its Mini Hit-to-Kill missile for the U.S. Army‘s effort to integrate a new weapon with the Indirect Fires Protection Capability multi-mission launcher, ExecutiveBiz reported Tuesday. Defense News reported Monday the IFPC Increment 2 program seeks an Expanded Mission Area Missile to add …

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Lockheed Gets $1.5B Modification on Navy F-35 LRIP Advance Acquisition Contract

Lockheed Martin‘s (NYSE: LMT) aeronautics business has received a potential $1.46 billion modification under a U.S. Navy advance acquisition contract for the low-rate initial production of F-35 air systems. The modification funds long-lead material and parts Lockheed will need to manufacture 145 lot 13 aircraft for the U.S. military services, …

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Lockheed, MBDA Form JV as Team Negotiates German Missile Defense System Contract

TYSONS CORNER, VA, March 9, 2018 — Lockheed Martin (NYSE: LMT) has created a joint venture with MBDA as part of efforts to negotiate a contract with Germany’s military procurement office to build the country’s future integrated air and missile defense system, ExecutiveBiz reported Thursday. MBDA said Thursday the TLVS joint …

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Northrop Vet Tom Vice Named Aerion President, COO

Tom Vice, formerly president of aerospace systems sector at Northrop Grumman (NYSE: NOC), has joined Reno, Nevada-based Aerion Supersonic as president and chief operating officer. Vice will report to Brian Barents, Aerion chairman and CEO, and oversee the development, certification and delivery of the firm’s AS2 supersonic aircraft, the company …

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Gary Wentz to Lead ULA Government, Commercial Programs in VP Role

Gary Wentz, formerly vice president of human and commercial systems at United Launch Alliance, has been appointed VP of government and commercial programs. He will oversee ULA’s efforts to help customers manage programs and missions, integrate hardware and launch space missions in his new position, the Boeing (NYSE: BA)-Lockheed Martin (NYSE: LMT) …

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Navy Awards Lockheed $481M Contract to Fund Saudi Arabia Surface Combatant Ship Materials

Lockheed Martin (NYSE: LMT) has received a $481.2 million contract from the U.S. Navy to obtain long-lead-item materials the company will need to build four multimission surface combatant ships for Saudi Arabia. MMSC is designed to support littoral and open-ocean missions, the Defense Department said Monday. The Naval Sea Systems Command …

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