Author: Naomi Cooper|| Date Published: September 30, 2022
Lockheed Martin (NYSE: LMT) has secured a $273 million contract modification to support the production of guided air and missile defense systems for the U.S. Army and foreign military sales customers.
The defense contractor will provide hardware, equipment and facilities, as well as technical, planning, management, manufacturing and testing services for the manufacturing of Phased Array Tracking Radar to Intercept on Target Advanced Capability-3 missiles, the Department of Defense said Thursday.
Work will be performed at various locations across the U.S. through Dec. 31, 2027. It will support customers including the governments of the Netherlands, Bahrain, Germany, Kuwait, Poland, Qatar, Romania, Saudi Arabia and South Korea.
Army Contracting Command obligated $133.8 million in fiscal 2022 missile procurement and FMS funds at the time of award.
The PAC-3 system is designed with hit-to-kill capability that allows warfighters to defend against target aircraft, cruise missiles and tactical ballistic missiles.
Brian Meyer, federal field chief technology officer at Axonius Federal, said cybersecurity asset management could help government agencies make dozens…
“Technology transformation company Red River has acquired Invictus International Consulting to expand its cybersecurity and enterprise modernization capabilities to support…
Synergy ECP, a software engineering, cybersecurity and systems engineering services provider, has acquired NetServices, a company offering secure, mission-focused technology services. The…
Precision Aerospace & Defense Group and FACT II Acquisition, a special purpose acquisition company, have signed a definitive business combination agreement to…
LMI has announced the acquisition of intellectual property and advanced capabilities to broaden its in-transit visibility and asset tracking services for…
