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Tag Archives: production

Report: DoD, Lockheed Forge $4B Deal on 8th F-35 Production Batch

Lockheed Martin (NYSE: LMT) and the U.S. Defense Department have struck a $4 billion agreement for the company to build 43 additional F-35 jets, Reuters reported Thursday. Andrea Shalal writes the agreement for the F-35 program’s eighth batch seeks to lower the fighter’s cost by as much as 3 percent …

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Raytheon to Manufacture Precision-Guided Missiles for Navy

Raytheon (NYSE: RTN) has been awarded a potential $54.9 million contract to provide the U.S. Navy close air support missiles designed to help warfighters hit sea and ground targets. The company will produce an unspecified number of its AGM-65E2/L Maverick laser-guided weapon system for the service, Raytheon said Thursday. Maverick …

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Jason Denney: Lockheed Increases Cruise Missile Production Under $449M in Contracts

Lockheed Martin (NYSE: LMT) has won two contracts worth $449 million combined to produce two batches of joint air-to-surface standoff missiles for the U.S. Air Force. The company will make 340 baseline missiles, 100 extended-range variant missiles as well as provide testing, systems engineering, tooling and logistics support to the …

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ManTech to Evaluate Navy Aircraft System Safety

A subsidiary of ManTech International (NASDAQ: MANT) has been awarded an $11, 788, 957 contract option to continue performing engineering and technical support work on U.S. Navy aircraft and systems. ManTech Systems Engineering Corp. works to analyze and diagnose system safety issues during an aircraft’s lifecycle through the design, development, production and …

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MDA Plans $3B SM-3 Production Contract for Raytheon

The U.S. Missile Defense Agency plans to award Raytheon‘s (NYSE: RTN) missile systems business a potential three-year, $3 billion contract for Standard Missile-3 weapons. MDA expects to start awarding the sole-source contract’s funds to Raytheon in fiscal year 2015 under the agency’s Aegis Ballistic Missile Defense Program, according to a FedBizOpps notice posted …

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General Dynamics Wins $187M to Convert Abrams Tanks

General Dynamics Land Systems (NYSE: GD) has won a $187.5 million contract to convert 84 Abrams tanks into a new configuration. Work will support a foreign military sales agreement with Saudi Arabia, the Defense Department said Wednesday. The company will convert 44 M1A1 and 40 M1A2 model vehicles to the M1A2S configuration …

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CAE Wins $95M in Int’l Military Service Contracts; Gene Colabatistto Comments

CAE (NYSE: CAE) has won three contract awards worth $95 million combined to support military customers in the U.S. and 14 other countries. The deals involve work in areas such as the production of aircraft components, technical training and product sales, CAE said Thursday. AgustaWestland, Coptersafety and Havelsan will work …

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Raytheon Wins Potential $316M Standard Missile R&D Contract

Raytheon (NYSE: RTN) has won a potential $316, 538, 398 contract to perform research and development work under the Standard Missile program for the U.S. Navy. The cost-plus-fixed-fee contract includes $75, 914, 110 in base funds and covers other engineering and technical services, the Defense Department said Friday. The Navy is …

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BAE To Build Marine Corps Combat Helmets; Eric Gavelda Comments

BAE Systems has won a $28 million production order to build combat helmets for the U.S. Marine Corps. This new order, an option under a contract won in 2010, brings the cumulative value of the contract to nearly $56 million, BAE said Thursday. The company has provided more than 800, …

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Lockheed Wins $161M For Apache Laser System Upgrades

Lockheed Martin (NYSE: LMT) has won two U.S. Army production contracts worth $161.7 million combined to continue updating electro-optical fire control systems on Apache helicopters. The Army ordered 482 Modernized Day Sensor Assembly Modernized Laser Rangefinder Designator kits and spares under the contracts, which cover production lots two and three, …

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