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Tag Archives: Owego

Lockheed Gets $159M FMS Funds for Phase 2 German P-3C System Refresh

Lockheed Martin (NYSE: LMT) has received a $158.5 million contract modification from the U.S. Navy to conduct phase 2 system upgrade work on Germany’s P-3C Orion maritime surveillance aircraft. The Defense Department said Tuesday Lockheed will update mission computers, acoustic equipment, armament/ordnance systems, displays and controls on eight P-3C planes as part of …

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Lockheed Secures $192M in Navy Aegis Combat System Modernization Funds

Lockheed Martin (NYSE: LMT) has received a potential $192.3 million contract modification from the U.S. Navy for production support to the Aegis combat system modernization effort in fiscal 2017. The Defense Department said Thursday Lockheed’s rotary and mission systems business will perform work in Moorestown, New Jersey; Clearwater, Florida; and Owego, New York …

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