Tag Archives: low rate initial production

Lockheed Martin's (NYSE: LMT) Sikorsky subsidiary has been awarded a $550.4M contract modification to produce Lot IV of CH-53K helicopters for the U.S. Navy's heavy-lift missions. Sikorsky will provide six low-rate initial production airlifters along with support services such as logistics, configuration audits and tooling, the Department of Defense said Monday.

L3Harris Technologies (NYSE: LHX) has secured a $95M low-rate initial production order to build additional AN/PRC-158 multichannel radios for the U.S. Army.

Lockheed Martin's (NYSE: LMT) Sikorsky subsidiary has been awarded a $125.4M contract to obtain long-lead materials needed to manufacture a fifth batch of CH-53K heavy-lift helicopters for the U.S. Navy.

The U.S. Air Force has awarded Lockheed Martin’s (NYSE: LMT) Sikorsky subsidiary a potential $500M contract to continue low-rate initial production of new combat rescue helicopters.

The U.S. Navy has awarded Raytheon (NYSE: RTN) an $84.7M contract modification to help address fiscal year 2020 low-rate initial production requirements for the Block 2 Evolved Sea Sparrow Missile system.

Lockheed Martin's (NYSE: LMT) Sikorsky subsidiary and the U.S. Air Force expect to complete the milestone C decision process for a new combat rescue helicopter platform by Sept. 24, FlightGlobal reported Thursday.

An unmanned undersea vehicle General Dynamics (NYSE: GD) built to support the U.S. Navy’s mine countermeasure missions has received Milestone C approval from the program executive officer for unmanned and small combatants, Naval Sea Systems Command reported Monday.

Harris (NYSE: HRS) has been awarded a second low-rate initial production order to supply the U.S. Army with tactical radio systems as part of a potential 10-year, $12.7B contract awarded in 2016. The new order falls under the Handheld, Manpack and Small Form-Fit indefinite-delivery/indefinite-quantity contract and precedes an operational test the service branch will conduct, Harris said Thursday.

Lockheed Martin (NYSE: LMT) and the Department of Defense have reached a “handshake agreement” for the company to build 157 low rate initial production lot 12 F-35 fighter aircraft with options for LRIP lots 13 and 14.

BAE Systems has secured two contract modifications worth potentially $575M combined to begin low-rate initial production of Armored Multi-Purpose Vehicles for the U.S. Army. The company said Monday it will manufacture AMPV general purpose, medical evacuation, command and control, medical treatment and mortar carrier variants under the new pair of awards. “Moving …