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Lockheed Martin Eyes 1,800 New Jobs Amid Expansion in Orlando, Florida

TYSONS CORNER, VA, Feb. 16, 2018 — Lockheed Martin (NYSE: LMT) has started the construction of a new $50 million, 255,000-square-foot facility in Florida that will house research and development, program management and engineering operations for the missiles and fire control business, ExecutiveBiz reported Thursday. The company said Wednesday the future Research & …

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Lockheed Martin Marks 400th Delivery of C-130J Transport Aircraft

TYSONS CORNER, VA, Feb. 14, 2018 — Lockheed Martin (NYSE: LMT) has completed 400 deliveries of its C-130J Super Hercules aircraft, with the latest sent to the U.S. Air Force for deployment with the Air Force Special Operations Command, ExecutiveBiz reported Tuesday. The company said Monday the military transport plane sent to …

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Lockheed’s Airborne Surveillance Tech Reaches Final Operational Capability With Finland’s Military

TYSONS CORNER, VA, Feb. 13, 2018 — Lockheed Martin‘s (NYSE: LMT) Dragon Shield airborne surveillance platform has secured final operational capability with Finland’s defense forces after a flight test using a modified aircraft to carry the system, ExecutiveBiz reported Monday. The company said Friday the trial assessed Dragon Shield’s airworthiness and …

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Lockheed Teams With Rheinmetall in Bid for Germany’s Helicopter Replacement Effort

TYSONS CORNER, VA, Feb. 7, 2018 — Lockheed Martin (NYSE: LMT) has entered into a partnership with Germany’s Rheinmetall to offer the Sikorsky-built CH-53K King Stallion helicopter in the team’s bid for a potential $4.9 billion helicopter procurement contract with the German military, ExecutiveBiz reported Tuesday. Reuters reported Tuesday a request for information is …

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Lockheed Gets $524M US, Intl Patriot Missile Contract Modification

Lockheed Martin (NYSE: LMT) has received a three-year, $523.8 million contract modification for the supply of updated Patriot missiles to the U.S. Army as well as Qatar, Saudi Arabia and Romania. The company will provide Patriot Advanced Capability-3 enhancement and cost reduction initiative missiles along with complementary support equipment through the modified domestic and …

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Lockheed Gets $120M Delivery Order Modification for Initial F-35 Air Vehicle Spares

Lockheed Martin (NYSE: LMT) has received a $119.7 million delivery order modification from the U.S. Navy to provide initial air vehicle deployment spares packages for the F-35 program. The Defense Department said Monday Lockheed’s aeronautics business will deliver the spares in support of the U.S. Air Force‘s F-35 delivery schedules. DoD noted firm-fixed-price order …

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Lockheed Martin’s F-35 to Get AFRL-Built Automatic Anti-Collision System

TYSONS CORNER, VA, Feb. 5, 2018 — Lockheed Martin‘s (NYSE: LMT) F-35 fighter aircraft is set to receive an anti-collision system currently installed on F-16s through a partnership with the Air Force Research Laboratory and the F-35 Joint Program Office, ExecutiveBiz reported Friday. The F-35 JPO said the AFRL-developed Automatic Ground Collision …

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Navy Awards Lockheed $148M Contract Modification for Israeli F-35 System Support

Lockheed Martin (NYSE: LMT) will support weapons certification and electronic warfare analysis efforts for Israel’s F-35 Lightning II aircraft under a $147.9 million modified contract with the U.S. Navy. The company’s aeronautics business will also obtain modification kits to support the design and development of F-35 systems meant to provide 3F+ fleet capability to …

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Lockheed Tapped for Increased Hellfire Missile Production Under $80M Army Deal

TYSONS CORNER, VA, Feb. 1, 2018 — A Lockheed Martin (NYSE: LMT) business unit will build on its production of the AGM-114 Hellfire missiles for the U.S. Army under an $80.2 million contract modification, ExecutiveBiz reported Wednesday. The Defense Department said Tuesday Lockheed Martin Missiles and Fire Control will be tasked to set up …

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Lockheed to Build Airborne Launch Control System Prototype Under $81M USAF Contract; Vinny Sica Comments

Lockheed Martin (NYSE: LMT) has received a potential $81 million contract to design and build a prototype designed to replace the U.S. Air Force’s aerial launch control system aboard the E-6B Mercury airborne command post aircraft. The service awarded the technology maturation and risk reduction contract through the Airborne Launch Control …

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