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Lockheed to Supply Vertical Missile Launch System for BAE-Built Type 26 Ships

TYSONS CORNER, VA, March 5, 2018 — Lockheed Martin (NYSE: LMT) will provide its MK 41 vertical launching system for the Type 26 Global Combat Ship that BAE Systems is building for the U.K. navy, ExecutiveBiz reported Friday. The system will serve to launch anti-air, anti-submarine, surface-to-surface and strike-length missiles from the vessels, …

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Lockheed Awarded $198M Navy Aegis Computer Baseline Development Contract Modification

Lockheed Martin (NYSE: LMT) has been awarded a potential three-year, $197.6 million contract modification to carry out computer program baseline development work on the U.S. Navy‘s Aegis combat systems. The contract also covers design, testing, systems engineering, delivery and integration work on technology insertion-related hardware and computer baselines for the combat system’s future advanced capability …

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