Tag Archives: production

Lockheed Eyes $15B Export Potential for ‘Made in India’ F-16 Jets

TYSONS CORNER, VA, Aug. 5, 2016 — Lockheed Martin (NYSE: LMT) anticipates $15 billion in potential exports of the F-16 fighter jet with the proposed transfer of that aircraft’s production to India, ExecutiveBiz reported Thursday. The Economic Times reported Thursday that an F-16 production line in India could lead to export sales of …

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Raytheon Creates UAS Directorate to Support Small UAS Production

TYSONS CORNER, VA, May 5, 2016 — Raytheon (NYSE: RTN) has formed a new unit within its advanced missile systems organization to consolidate and boost the production of its Coyote and Silver Fox small unmanned aircraft systems, ExecutiveBiz reported Wednesday. The company said Tuesday the UAS directorate will be based in Arizona and aims …

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General Dynamics Secures Potential $193M Army Contract for Penetrator Bomb Components

A General Dynamics (NYSE: GD) business unit has received a potential five-year, $193 million contract from the U.S. Army to build penetrator bomb bodies and components. The Army Contracting Command awarded the indefinite-delivery/indefinite-quantity contract to General Dynamics Ordnance and Tactical Systems to produce the BLU-109 units, the company said Wednesday. General Dynamics added it has already received the first orders valued at $9.3 …

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Lockheed Martin Eyes Move of Some F-16 Production Work to India

TYSONS CORNER, VA, March 23, 2016 — Lockheed Martin (NYSE: LMT) is working with the U.S. and Indian governments to discuss the potential move of some F-16 aircraft production operations to India, ExecutiveBiz reported Tuesday. The Hindu newspaper reported Monday the plan works to support the country’s recapitalization targets for fighter jets and …

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Northrop Gets $286M Modification on Japan Hawkeye Aircraft Production Contract

Northrop Grumman (NYSE: NOC) has received a $286 million contract modification from the U.S. Navy to produce and deliver one E-2D Advanced Hawkeye airborne early warning and control aircraft to Japan. The Defense Department said Wednesday that Northrop will also provide E-2D nonrecurring engineering assistance to the Japanese military through …

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Lockheed Gets $431M Contract Modification for Lot 9 F-35 Special Tools, Equipment

Lockheed Martin (NYSE: LMT) has received a $431.3 million contract modification to collect special tooling and test equipment for F-35 fighter planes that are being acquired by U.S. and international defense customers. The Defense Department said Tuesday that Lockheed’s aeronautics business will obtain the non-recurring items for the company to …

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Army Orders $120M in Orbital ATK Precision Guidance Kits; Dan Olson Comments

Orbital ATK (NYSE:OA) has been awarded a $120 million contract to build, test and deliver precision guidance kits for the U.S. Army‘s 155-millimeter artillery shells. The company began low-rate initial production of the projectile guidance systems in January and is scheduled to begin kit deliveries in early 2016, Orbital ATK …

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Navy Orders 2 Lockheed Submarine Sonar Arrays

Lockheed Martin (NYSE: LMT) has received an $8 million contract modification to provide the U.S. Navy with two additional sonar systems intended to help submarines avoid other vehicles under the sea. The Defense Department said Thursday the company will produce two AN/BQQ-25 low cost conformal arrays and associated outboard electronic …

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Lockheed Awarded $662M Transport Aircraft Contract Modification

Lockheed Martin (NYSE: LMT) has received a $662, 032, 335 contract modification from the U.S. Air Force to build 10 transport planes and 20 quick engine change kits. The award covers the production of four HC-130J, three KC-130J, two MC-130J and one C-130J aircraft, the Defense Department said Wednesday. The …

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Raytheon Awarded $491M for Lot 28 Air-to-Air Missiles

Raytheon (NYSE: RTN) has received a $491, 478, 068 contract from the U.S. Air Force to produce lot 28 Advanced Medium Range Air-to-Air Missiles and associated equipment. The Defense Department said Monday the contract includes orders from South Korea, Thailand, Oman and Singapore through the agency’s foreign military sales program. …

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