Tag Archives: Lockheed Martin

Air Force Issues $403M F-16 Service Life Extension RFP for Small Businesses

The U.S. Air Force has kicked off a small business set-aside solicitation for a potential 10-year, $403 million contract to extend the service life of the military branch’s fleet of F-16 Fighting Falcon fighter aircraft. The indefinite-delivery/indefinite-quantity contract has a five-year ordering period and a five-year option, the Air Force said …

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Lockheed Wins $81M MDA Ballistic Re-Entry Vehicle Production Contract

Lockheed Martin (NYSE: LMT) has won a potential five-year, $80.6 million contract from the Missile Defense Agency to develop modified ballistic re-entry vehicle and separation modules. The Defense Department said Tuesday Lockheed’s space systems business will also manufacture, store and monitor the delivered modules, as well as maintain software and hardware and transport …

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Lockheed Gets $122M Navy Tech Engineering Contract Modification

Lockheed Martin (NYSE: LMT) has landed a potential $122.3 million contract modification to continue to provide engineering services for the U.S. Navy‘s Technical Insertion 18-20 Acoustic Rapid Commercial Off-the-Shelf Insertion program. The Defense Department said Monday Lockheed’s rotary and mission systems unit will conduct work under the modification through December 2018 in …

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PwC: US Aerospace & Defense Firms Spend More in R&D for 2017

TYSONS CORNER, VA, Nov. 20, 2017 — PwC‘s global consulting unit has found a nearly $12 billion increase in the research and development budgets of U.S. aerospace and defense companies in 2017, led by Boeing (NYSE: BA), United Technologies Corp. (NYSE: UTX) and Lockheed Martin (NYSE: LMT), ExecutiveBiz reported Friday. Defense …

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GSA Taps 61 Firms for Potential $50B Alliant 2 IT GWAC

The General Services Administration has awarded 61 companies positions on a potential 10-year, $50 billion governmentwide acquisition contract for information technology products and services. GSA said in a FedBizOpps notice posted Friday the award is for the unrestricted portion of the Alliant 2 GWAC that has a base term of five …

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State Dept OKs $10.5B IBCS-Enabled Patriot Missile System Sale to Poland

The State Department has given Poland the green light to buy the third configuration of the Patriot missile system equipped with the Integrated Air and Missile Defense Battle Command System and related equipment from the U.S. government under a potential $10.5 billion foreign military sales agreement. Raytheon (NYSE: RTN), Lockheed Martin (NYSE: …

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BAE Systems, AMMROC to Continue Hawk Trainer Aircraft Support for UAE

TYSONS CORNER, VA, Nov. 17, 2017 — BAE Systems has entered into an agreement to continue its partnership with the Advanced Military Maintenance Repair and Overhaul Center in the United Arab Emirates to provide support for that country’s Hawk trainer aircraft fleet, ExecutiveBiz reported Thursday. The teaming arrangement with the UAE-based joint venture …

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Lockheed Gets $93M Navy Contract Modification for MUOS Satellite Support Services

Lockheed Martin (NYSE:LMT) has received a $92.9 million modification from the U.S. Navy to provide engineering and interim logistics services for the Mobile User Objective System. The company will also supply spares and associated material in support of the MUOS military satellite communications system, the Defense Department said Thursday. MUOS is designed to help mobile forces …

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GE to Manufacture CH-53K Helicopter Engines Under $143M Navy Contract

General Electric‘s (NYSE: GE) aviation business has received a $143.4 million contract from the U.S. Navy to for the low-rate initial production of lots 1 and 2 turboshaft engines for CH-53K heavy-lift helicopters. The Defense Deparment said Thursday GE Aviation will supply 22 T408-GE-400 engines, peculiar support equipment and spares as well as provide programmatic and logistics …

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Report: UAE to Buy $684M in Raytheon-Built Laser Guided Bombs

The United Arab Emirates will purchase laser guided bombs from Raytheon (NYSE: RTN) under a $684.4 million deal, Reuters reported Tuesday. The agreement announced at the Dubai Airshow Tuesday includes Raytheon-built GBU-10 and GBU-12 Paveway bomb kits. The deal came days after UAE awarded Lockheed Martin (NYSE: LMT) a potential …

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