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Lockheed Wins $841M Award to Enhance Sensors on Air Force Sniper Pod

The U.S. Air Force has awarded Lockheed Martin‘s (NYSE: LMT) missiles and fire control business unit an $841.5 million firm-fixed-price contract to enhance sensors as part of hardware and software upgrades to the Sniper pod. Lockheed will also provide: associated host platform integration technical manual and technical orders repair data studies …

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Lockheed to Upgrade 29 Long Range Surveillance Radars on $47M Air Force Award

Lockheed Martin (NYSE: LMT) has won $46.8 million in U.S. Air Force contract options to begin modernizing 29 long-range radars used to provide border protection and air sovereignty, as well as some air traffic control capabilities. The company will complete engineering planning and begin to upgrade the geographically disbursed AN/FPS-117 radars …

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Report: Lockheed Creating Executive Post to Pursue Cybersecurity Awards

Lockheed Martin (NYSE: LMT) is creating a senior executive position to pursue new opportunities in “regulated and adjacent markets” for the company’s cybersecurity business, according to a Lexington Institute report. The executive, who has not been publicly identified, will report to Linda Gooden, director of Lockheed’s information technology business. Loren B. Thompson …

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Four Major Defense Contractors Report 3rd Quarter Earnings Growth

Four of the largest American defense contractors released third quarter financial results on Oct. 26, 2011. Lockheed Martin (NYSE: LMT) Northrop Grumman (NYSE: NOC) General Dynamics (NYSE: GD) Boeing (NYSE: BA) Lockheed Martin reported $665 million in earnings from continuing operations, an increase of 19 percent from the third quarter of …

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Lockheed Wins Close to $900M for C-5 Program Enhancements, Engineering

Lockheed Martin’s (NYSE: LMT) aeronautical systems operating unit has won close to $900 million in contract modifications for the C-5 reliability enhancement and re-engining program. A $518, 909, 311 award to provide the material and fabricate the needs of 11 lot five REPR aircraft A $159, 969, 912 award to provide …

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Lockheed Wins $383M Contract to Operate Army Threat Detection Systems

The U.S. Army has awarded Lockheed Martin (NYSE: LMT) a $383 million contract to maintain, operate and sustain its persistent threat detection systems. “The availability of timely intelligence is vital to protecting deployed personnel and high-value assets, ” said Jim Quinn, vice president of C4ISR systems at Lockheed. “Our PTDS team …

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Lockheed to Support F-22 Raptor Team

The U.S. Air Force has awarded Lockheed Martin (NYSE: LMT) a $7, 214, 015 contract modification for the F-22 structural maintenance and repair team. Wright-Patterson Air Force Base, Ohio, is the contracting activity.

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Lockheed Team to Support Marine Corps Satellite Comm. Network

Lockheed Martin Corp.‘s (NYSE: LMT) global training and logistics business unit will support the U.S. Marine Corps‘ networks and satellite communication systems and tactical communication systems with Information Network Systems. The companies won a $6, 686, 281 task order who’s value can increase to $31, 087, 481 for the work. They will provide logistics management,  administrative, deployment fielding and …

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Lockheed to Provide Low-Light Sensor for Apache Helicopters

Lockheed Martin (NYSE: LMT) has won a $19 million follow-on U.S. Army production contract to equip Apache helicopters with a visible and near-infrared sensor that operates in low-light conditions. The company will integrate VNsight into the AH-64D Apache helicopter’s pilotage, target acquisition and night vision sensor system. The lot 2 production will include …

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GovCon Wire’s September M&A Activity Recap; Contractors Active Across Industry

While no clear sector focus dominated the merger and acquisition landscape in September, government contractors remained busy, closing on several interesting healthcare and cybersecurity deals and divesting some operations. The eight acquisitions GovCon Wire recorded were down from the 11 reported in August, but executive moves ramped up to seasonal …

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