Tag Archives: Lockheed Martin

Lockheed-Northrop JV to Refurbish UK Fire Control Radar Assemblies Under $103M Army FMS Contract

A joint venture of Lockheed Martin (NYSE: LMT) and Northrop Grumman (NYSE: NOC) will refurbish fire control radars of the U.K. under a potential $103.1 million foreign military sales contract from the U.S. Army. Longbow will work with the International Apache Attack Helicopter Project Office at Redstone Arsenal in Alabama through U.K.’s Fire Control …

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Leidos Defense Group Head Michael Leiter Leaves Company

Leidos‘ (NYSE: LDOS) defense group president Michael Leiter left the company on Friday approximately one year after the merger with the former Lockheed Martin (NYSE: LMT) information systems and global solutions segment was first announced. Leidos disclosed Leiter’s departure in a regulatory filing after markets closed Friday. “We thank Michael for …

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Navy Exercises $102M Option on Lockheed Aegis Combat System Support Contract

The U.S. Navy has awarded Lockheed Martin (NYSE: LMT) a $102.5 million contract modification for technical support services to the service branch’s Aegis Combat System Engineering Agent effort. Lockheed’s rotary and mission systems business will design, develop, integrate, test and deliver computer program baseline advanced capability builds, as well as technology insertion hardware for the Aegis Combat System, …

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Executive Mosaic’s Weekly GovCon Round-up: December’s Most Significant Contract Activity

Weekly Roundup December 18 – December 22 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson This month there was a significant amount of year-end contract activity in the GovCon marketplace. Foreign nations announced their intent to purchase military vehicles and the …

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USAF Awards Lockheed Potential $7B F-22 Sustainment IDIQ

Lockheed Martin (NYSE: LMT) has secured a potential five-year, $7 billion indefinite-delivery/indefinite-quantity contract to help sustain the U.S. Air Force‘s fleet of F-22 air vehicles. The Defense Department said Thursday Lockheed’s aeronautics business unit will perform work at various locations within and outside the continental U.S. that include Air Force and …

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Lockheed Gets $944M Contract to Supply Updated Patriot Interceptors to Army, Int’l Clients

Lockheed Martin (NYSE: LMT) has received a $944 million contract to produce and deliver updated Patiot missile defense systems to the U.S. Army, Romania and other foreign military sales clients. The company said Thursday it will supply Patriot Advanced Capability-3 missiles and PAC-3 Missile Segment Enhancement interceptors along with launcher …

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Lockheed Gets $961M Air Force IDIQ for Targeting Pod Upgrade, Sustainment Services

Lockheed Martin (NYSE: LMT) has secured a potential five-year, $961 million contract to perform upgrades and provide sustainment services for the U.S. Air Force’s Sniper Advanced Targeting Pods. The indefinite-delivery/indefinite-quantity contract covers 683 Sniper pods, spares, sensor and software updates, logistics support and other services, Lockheed said Wednesday. Paul Lemmo, vice …

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Lockheed Awarded $154M US, UK Trident II System Shipboard Integration Contract

Lockheed Martin (NYSE:LMT) has received a three-year, $154.4 million U.S, Navy  contract to to support Increment 8 of the Trident II Strategic Weapon System Shipboard Integration effort for two classes of future U.S. and U.K. ballistic missile submarines. The Defense Department said Wednesday Lockheed’s rotary and mission systems business will design, test and install navigation …

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Northrop to Develop Cruise Missile Tech Under $110M Air Force IDIQ

Northrop Grumman (NYSE: NOC) has won a potential seven-year, $110 million contract to provide networked cruise missile prototypes to the U.S. Air Force. The Defense Department said Wednesday that Northrop’s space and mission systems business will design, develop, manufacture and test cruise missiles that can help defeat adversarial air defense systems. The …

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State Dept OKs Poland’s $200M Follow-On Request for F-16 Sustainment Services

The State Department has given Poland the green light to procure follow-on F-16 aircraft  sustainment and support services from the U.S. government under a potential $200 million foreign military sales deal. Poland requested the procurement of aircraft maintenance, upgrades and overhaul support, technical documentation, engineering, spare and repair parts, test equipment and logistics support …

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