Tag Archives: nyse lmt

On $440M Army Contract, General Dynamics-led Team to Develop Combat Vehicle with Network Interoperability

A General Dynamics-led (NYSE: GD) team has won a $439.7 million contract for the technology development phase of the U.S. Army’s ground combat vehicle infantry fighting vehicle program. Lockheed Martin (NYSE: LMT) and Raytheon (NYSE: RTN) will team with General Dynamics to fulfill the program’s goal of producing an affordable and operational infantry fighting vehicle in seven …

Read More »

Lockheed to Provide Navy with Submarine Imaging Systems

Lockheed Martin‘s (NYSE: LMT) maritime systems and sensors business unit will provide the U.S Navy with eight integrated submarine imaging systems on a $14.5 million contract modification. The systems provide visual and electronic search, digital image management, and platform architecture interface capabilities for Navy submarines. The company will deliver five systems for …

Read More »

Lockheed to Engineer Design Modifications, Upgrades to Naval Combat System

Lockheed Martin‘s (NYSE: LMT) mission systems and sensors business has won a U.S. Navy contract modification to provide engineering services in support of integrated warfare systems. The company will maintain and modify the DDG52-class combat system design on the $6, 986, 478 option. Required DDG52 services include: program management and operation support …

Read More »

Lockheed to Provide Training, Support at 7 Air Force, National Guard Stations

Lockheed Martin (NYSE: LMT) will manage C-5 aircrew training at Lackland Air Force Base,  Texas, and provide logistical support for six other training locations on a contract worth up to $30 million over five years. The company will provide training support for all C-5 pilots, flight engineers, loadmasters and maintenance …

Read More »

Lockheed Martin Awarded Option on $50M Contract to Maintain Tomahawk Control System

The Naval Air Systems Command has exercised a $13 million option for Lockheed Martin (NYSE: LMT) to continue to maintain the tactical Tomahawk weapons control system,  one of three major components of the Tomahawk weapons system. Three options remain on the contract, which is worth up to $50.2 million. The company will also …

Read More »

Lockheed Martin Wins $535M Contract for Navy, Air Force, Marine Aircraft Parts

The U.S. Navy has awarded Lockheed Martin Corp. (NYSE: LMT) a $535, 315, 000 advance acquisition contract to provide long lead parts and components required for: 38 low-rate initial production lot VI F-35 Lightning II joint strike fighter aircraft 19 conventional takeoff and landing aircraft for the U.S. Air Force …

Read More »

Lockheed Wins $84M Air Force Contract to Support Air Mobility Command Training

The U.S. Air Force has awarded Lockheed Martin Corp.’s (NYSE: LMT) simulator, training and support business unit an $84, 321, 924 firm-fixed-price contract for four weapon systems trainers. The trainers will support the Air Mobility Command‘s air combat command and Air Force Special Operations Command. Wright-Patterson Air Force Base, Ohio …

Read More »

Lockheed, Boeing to Help NASA Prepare for Deep Space Exploration

NASA has selected Lockheed Martin (NYSE: LMT) and Boeing Co. (NYSE: BA) to develop space storage and transfer concepts important to the agency’s future deep space human exploration missions. Storing cryogenic propellants such as liquid hydrogen and liquid oxygen in space for long periods of time is crucial for this …

Read More »

Lockheed to Help Develop Situational Awareness Technology for Navy

The U.S. Navy has awarded Lockheed Martin Mission Systems and Sensors (NYSE: LMT) a $29, 969, 607 contract modification for phase two non-recurring efforts. The company will support MH-60R situational awareness technology insertion engineering, manufacturing and development. Ninety-five percent of the work will be performed in Owego, N.Y., which is expected to …

Read More »

Lockheed to Develop Battlefield Wireless Detection, Jamming Capabilities

A Lockheed Martin-led team will develop technology for detecting and jamming threatening wireless communications on the battlefield for the Defense Advanced Research Projects Agency. The contract is for phase I of the BLADE, behavioral learning for adaptive electronic warfare, program. The team led by Lockheed’s advanced technology laboratories will develop …

Read More »