Lockheed Wins Engineering Design Deal from Navy
Lockheed Martin (NYSE: LMT) has won a $17 million contract to provide engineering design services for the MK 41 Vertical Launching System (VLS) on the U.S. Navy’s Ticonderoga-class cruisers and Arleigh Burke-class guided missile destroyers.
The cost-plus-fixed fee contract combines purchases for the U.S. Navy and eight Allied navies under the Foreign Military Sales program. Included [...]
Lockheed Inks Deal to Develop New Logistics System for Marines
Lockheed Martin (NYSE: LMT) has won a deal from the U.S. Navy to continue development of “an automated logistics system that will help Marines plan and re-evaluate missions based on real-time battlefield data.”
“The Sense and Respond Logistics program will enable commanders to more accurately assess their environment, identify when a plan is executing differently than [...]
Lockheed Wins Radar Deal from NGC Aerospace
Lockheed Martin (NYSE: LMT) has won a low-rate initial production contract worth $171.8 million from Northrop Grumman Aerospace Systems.
Lockheed will provide four AN/APY-9 Airborne Early Warning (AEW) radar systems and spare parts. Theses systems will become part of the U.S. Navy’s new E-2D Advanced Hawkeye aircraft.
“The APY-9 radar will provide unprecedented capability to the U.S. [...]
Lockheed’s Ray Johnson on Sponsoring WBT 2010
WBTshowcase 2010, which brings together market-ready innovative technologies and those who want to invest in them, has named Lockheed Martin (NYSE: LMT) . WBT2010 will be held March 15-17 at the Sheraton Arlington Hotel and the Arlington Convention Center.
“As a leader in global security, Lockheed Martin is committed to fostering innovation by identifying the best [...]
Lockheed Strikes Deal with Tunisia for Super Hercules Airlifters
Lockheed Martin (NYSE: LMT) has agreed with the nation of Tunisia on the purchase of two C-130J Super Hercules airlifters with an initial three years of logistics support. Tunisia’s new C-130Js, scheduled to be delivered in 2013 and 2014, will be the longer fuselage or “stretched” variant of the C-130J.
A contract signing ceremony took place [...]
Lockheed’s Ray O. Johnson on Supporting STEM Fields
Lockheed Martin CTO Ray O. Johnson sat down with the Coalition for Space Exploration to talk about his firm’s efforts to support science, technology, engineering and math (STEM fields) in schools.
“As a global security corporation that relies heavily on these fields, we consider this nothing short of a crisis,” said Johnson. “In the words of [...]
Lockheed Receives EDM Contract Option
Lockheed Martin (NYSE: LMT), who is developing the Airborne, Maritime/Fixed Station Joint Tactical Radio System (AMF JTRS) has received a contract option to increase the number of engineering development models (EDM) by 60 percent.
Additional equipment is being developed to support early integration and testing of a revolutionary tactical network that will provide warfighters in the [...]
Lockheed Grabs PBL Deal from Army
Lockheed Martin (NYSE: LMT) a follow-on Performance Based Logistics (PBL) contract from the Army to support the Target Acquisition Designation Sight/Pilot Night Vision Sensor (TADS/PNVS) and Modernized TADS/PNVS (M-TADS/PNVS) systems on the AH-64 Apache helicopter. The contract has a potential value of $90 million for 2010.
The combined value of the initial contract and first two [...]
Lockheed, NGC Venture LONGBOW Wins Deal from AgustaWestland
Lockheed Martin [NYSE: LMT] and Northrop Grumman [NYSE: NOC] joint venture LONGBOW LLC, has won an $86 million contract from AgustaWestland to support LONGBOW FCR systems on the United Kingdom Apache AH Mk-1 aircraft.
“The LONGBOW FCR is an essential element of U.K. Apache operations in Afghanistan,” said Jerry Garman, LONGBOW LLC president and director of [...]
Lockheed’s Joanne Maguire Named Advisory Council Chair, Rocky Mountain USO
Joanne M. Maguire, executive VP, Lockheed Martin Space Systems Company s been named as the Advisory Council Chair of the Rocky Mountain USO.
As Council Chair, Maguire will serve as USO’s goodwill ambassador, promoting friendship and understanding between the military members, their families and the communities where they are serving. The Advisory Council provides an essential [...]
