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Tag Archives: Navy

Lockheed Awarded $175M to Help Update Navy Long Range Anti-Ship Missiles

Lockheed Martin (NYSE: LMT) has received a $174.9M delivery order to help the U.S. Navy update long range anti-ship missile systems. The order falls under a blanket purchase agreement through which Lockheed provides engineering, testing, product and ancillary support services, the Department of Defense said Wednesday.

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Lockheed Secures $348M Contract Funds for F-35 Special Tools, Test Equipment Production

Lockheed Martin (NYSE: LMT) has received a three-year, $348.2M U.S. Navy contract modification to fund the production of special tools and test equipment for lot 12 F-35 jets. The Naval Air Systems Command is obligating the full amount of the modification from Navy, Marine Corps, Air Force and non-Department of Defense partner and foreign military sales funds, DoD said Tuesday.

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L3 to Update Navy Submarine Sensor Under Potential $74M Contract

L3 Technologies (NYSE: LLL) has secured a potential six-year, $73.7M contract to update, repair and overhaul submarine photonics masts used on U.S. Navy submarines. The service branch will obligate $2.1M in fiscal 2019 other procurement funds at the time of award, the Department of Defense said Monday.

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