Home / Search Results for: Lockheed

Search Results for: Lockheed

Lockheed Wins Potential $78M Navy IT Security Support Contract

Lockheed Martin (NYSE: LMT) has won a potential five-year, $77.7 million contract to provide cybersecurity support for U.S. Navy information technology systems. The Defense Department said Monday Lockheed will help the military branch’s cyber personnel to design, analyze, develop, test, integrate, deploy and operate IT security platforms. Five offers were submitted to the Naval Air …

Read More »

Lockheed Receives $102M Navy Submarine Sonar Contract Modification

The U.S. Navy has awarded Lockheed Martin (NYSE: LMT) a $101.9 million modification to exercise options under a previously awarded contract for the procurement of acoustic detection sonar technology. Lockheed’s rotary and mission systems business will provide technical Acoustic Rapid Commercial Off-the-Shelf Insertion systems along with pre-cable kits and A-RCI sonar engineering services …

Read More »

Rick Ambrose: Lockheed Pursues Investments to Advance Manufacturing Process Amid ‘NewSpace’ Challenge

TYSONS CORNER, VA, Nov. 28, 2017 — Rick Ambrose, executive vice president of the space systems segment at Lockheed Martin (NYSE: LMT), has noted the company’s multi-year investments in production techniques as it works to position itself against “NewSpace” startups, ExecutiveBiz reported Wednesday. Ambrose, an inductee into Executive Mosaic’s Wash 100 for …

Read More »

Lockheed Reports Nearly $200M in C-130 Maintenance, Training Contracts

Lockheed Martin (NYSE: LMT) has secured six contracts worth up to $198.4 million combined to deliver C-130 Hercules aircraft training systems and maintenance services to multiple Defense Department clients. The company said Monday it will help the U.S. Air Force study common architectures of various simulator elements to establish a common approach across …

Read More »

Lockheed Wins $81M MDA Ballistic Re-Entry Vehicle Production Contract

Lockheed Martin (NYSE: LMT) has won a potential five-year, $80.6 million contract from the Missile Defense Agency to develop modified ballistic re-entry vehicle and separation modules. The Defense Department said Tuesday Lockheed’s space systems business will also manufacture, store and monitor the delivered modules, as well as maintain software and hardware and transport …

Read More »

Lockheed Gets $122M Navy Tech Engineering Contract Modification

Lockheed Martin (NYSE: LMT) has landed a potential $122.3 million contract modification to continue to provide engineering services for the U.S. Navy‘s Technical Insertion 18-20 Acoustic Rapid Commercial Off-the-Shelf Insertion program. The Defense Department said Monday Lockheed’s rotary and mission systems unit will conduct work under the modification through December 2018 in …

Read More »

Lockheed Gets $93M Navy Contract Modification for MUOS Satellite Support Services

Lockheed Martin (NYSE:LMT) has received a $92.9 million modification from the U.S. Navy to provide engineering and interim logistics services for the Mobile User Objective System. The company will also supply spares and associated material in support of the MUOS military satellite communications system, the Defense Department said Thursday. MUOS is designed to help mobile forces …

Read More »

Report: Germany Eyes Lockheed’s F-35 for New Fighter Fleet

TYSONS CORNER, VA, Nov. 13, 2017 — Lockheed Martin‘s (NYSE: LMT) F-35 fighter jet is a prospective replacement for the German air force’s fleet of Panavia Tornado fighter aircraft, ExecutiveBiz reported Friday. IHS Jane’s Defense Weekly reported Wednesday Germany looks to consider F-35 as its preferred choice among the platforms indicated in a …

Read More »

Report: UAE, Lockheed Seal $1.6B F-16 Upgrade Deal

Lockheed Martin (NYSE: LMT) has secured a potential $1.6 billion order to perform upgrades to the United Arab Emirates’ F-16 fighter aircraft, The National reported Sunday. The report said UAE’s armed forces entered numerous defense deals with U.S. companies, which include an agreement for Lockheed to modernize 80 F-16s. Lockheed CEO …

Read More »

Lockheed Lands $386M Contract Modification to Support Air Force ICBM Re-Entry System

Lockheed Martin (NYSE: LMT) has received a potential $386 million contract modification from the U.S. Air Force to continue support work on the military branch’s intercontinental ballistic missile system. The Defense Department said Wednesday Lockheed’s space systems business will support the re-entry systems and vehicle subsystems of the Minuteman III ICBM. USAF awarded the …

Read More »