Hello, Guest!
  • Thursday, December 26, 2024

Lockheed-Northrop JV to Update Apache Radar System Under $90M Army Contract


ApacheA joint venture of Lockheed Martin (NYSE: LMT) and Northrop Grumman (NYSE: NOC) has received a potential $89.8 million contract to update the fire control radar systems on the U.S. Army™s Apache helicopters.

Longbow LLC will perform software updates and build 84 radar electronics units under the contract, Lockheed said Wednesday.

The Longbow Fire Control Radar platform is designed to help pilots of Boeing-built (NYSE: BA) Apache attack aircraft detect, locate and classify targets.

Work will occur at Lockheed™s and Northrop™s facilities in Florida and Maryland through January 2019.

Video of the Day

Related Articles

Northrop Posts 9% Increase in Q1 2024 Sales; Kathy Warden Quoted Financial Reports

Northrop Posts 9% Increase in Q1 2024 Sales; Kathy Warden Quoted

Northrop Grumman (NYSE: NOC) gained $10.1 billion in sales during the first quarter of 2024, up 9 percent from the $9.3 billion it posted in the same period last year, and reported net earnings of $944 million, or $6.32 per diluted share. The company, in a Thursday announcement, attributed the sales growth to higher sales

State Department OKs $2B in FMS Deals With Poland, Netherlands for Extended-Range Anti-Radiation Missile Contract Awards

State Department OKs $2B in FMS Deals With Poland, Netherlands for Extended-Range Anti-Radiation Missile

The State Department has approved the requests of the governments of Poland and the Netherlands to buy an extended-range variant of the Advanced Anti-Radiation Guided Missile system, related equipment and support services from the U.S. government under two foreign military sales deals worth approximately $2 billion combined. Northrop Grumman (NYSE: NOC) will serve as the

Northrop Lands $167M Navy Contract Modification for G/ATOR Radar Tech Contract Awards

Northrop Lands $167M Navy Contract Modification for G/ATOR Radar Tech

Northrop Grumman (NYSE: NOC) has secured a potential $167.1 million contract modification from the U.S. Navy to supply four lot 6 full-rate production Ground/Air Task Oriented Radar systems. Marine Corps Systems Command is the contracting activity and will obligate the full contract amount using the U.S. Air Force’s other procurement funds for fiscal year 2024,