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Search Results for: Lockheed

Lockheed Lands $258M Contract Modification for Lot 10 F-35 Pilot Flight Equipment

Lockheed Martin (NYSE: LMT) has received a potential three-year, $257.8 million contract modification from the U.S. Navy to supply alternate mission tools, pilot flight equipment and red gear to support the low rate initial production of lot 10 F-35 Lightning II fighter jets. The firm-fixed-price modification covers purchases from the Navy, U.S. Air Force, U.S. Marine …

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Lockheed Gets Potential $1.2B Navy Contract for Sonar System Engineering Services

Lockheed Martin (NYSE: LMT) has won a potential $1.17 billion contract from the U.S. Navy to engineer sonar technology under the Technical Insertion 18-20 Acoustic Rapid Commercial-Off-The-Shelf Insertion program. The Defense Department said Thursday the contract with an initial value of $130.8 million covers engineering development support for A-RCI modernization requirements and …

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Lockheed Martin Unveils Super Hercules Variant for Special Operations Forces

TYSONS CORNER, VA, June 22, 2017 — Lockheed Martin (NYSE: LMT) has rolled out a C-130J Super Hercules military transport aircraft variant designed specifically for special operations forces and their international missions, ExecutiveBiz reported Wednesday. The company said Tuesday C-130J-SOF is the Super Hercules’ 10th production variant and is built to support psychological …

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Harris to Supply Data Storage, Cockpit Display Tech for Lockheed Martin’s F-35

TYSONS CORNER, VA, June 20, 2017 — Lockheed Martin (NYSE: LMT) has tapped Harris (NYSE: HRS) to provide the Aircraft Memory System and Panoramic Cockpit Display Electronic Unit for the F-35 aircraft’s mission system avionics, ExecutiveBiz reported Monday. Harris said Monday its technologies will work to build on the fighter jet’s data storage, …

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Report: Lockheed, 11 Countries In Talks Over $37B F-35 Procurement

Lockheed Martin (NYSE: LMT) is in talks with the U.S. and 10 other countries over a potential contract worth at least $37 billion for the manufacturer to deliver a total of 440 F-35 fighter aircraft, Reuters reported Sunday. Sources told Reuters the multi-year transaction will consist of three portions from fiscal 2018 …

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Lockheed to Produce Multiple Launch Rocket Warheads, Pods Under $472M FMS Contract

Lockheed Martin (NYSE: LMT) has received a potential two-year, $471.7 million foreign military sales contract from the U.S. Army to manufacture full-rate production 12 Multiple Launch Rocket System components for France, Germany, Finland and Singapore. Lockheed’s missile and fire control business will deliver 2,868 guided MLRS alternative warhead rockets, 648 unitary warhead rockets, …

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Lockheed Martin Names ‘Generation Beyond’ Video Challenge Winners; Rick Ambrose Comments

TYSONS CORNER, VA, June 14, 2017 — Lockheed Martin (NYSE: LMT) has awarded participants from schools in California and New Jersey as the winners in a video challenge to design part of a spacecraft that would bring astronauts to Mars, GovCon Executive reported June 7. The company said June 6 the …

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Lockheed Martin Open to Continued Cooperation with Japanese Industry for the F-35 Program

After the successful unveiling of the Mitsubishi Heavy Industries’ first Japanese-assembled F-35A on June 5th,  Lockheed Martin has stated that it is open to further cooperation and expansion with Japanese industry for producing more F-35 Lightning II Joint Strike Fighter aircraft in Japan, IHS Janes reported. MHI constructed the F-35A primarily with …

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Lockheed to Help Air Force Develop Radar Threat System Under Potential $105M Award

Lockheed Martin (NYSE: LMT) has won a potential 10-year, $104.6 million contract to develop and test a production representative article of Advanced Radar Threat System Variant 2 for the U.S. Air Force. The Defense Department said Monday the single-award contract includes an option for the company to produce up to 20 ARTS-V2 units. Lockheed’s missiles …

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Lockheed Develops Space-Themed Curriculum, App to Promote STEM Learning; Rick Ambrose Comments

TYSONS CORNER, VA, June 12, 2017 — Lockheed Martin (NYSE: LMT) has unveiled new space-focused education resources that seek to develop the future workforce through increased student interest in space exploration programs such as NASA‘s mission to Mars, ExecutiveBiz reported Wednesday. The company said Tuesday its new space-centered curriculum and interactive software …

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