Lockheed Martin (NYSE: LMT) has secured a potential $1.14B contract from the U.S. Navy to provide sustainment services for the F-35 Lightning II program. Work under the cost share contract includes supply chain management, ground maintenance, depot activation, action request resolution and health management implementation, the Department of Defense ...
Lockheed Martin™s (NYSE: LMT) rotary and mission systems business secured a potential $201.7M contract to provide engineering services to the U.S. Navy. The sole-source, cost-plus-fixed-fee contract has a face value of $26.9M and will reach its potential value if the service branch exercises all options, the Department of Defense said Friday. T...
Lockheed Martin (NYSE: LMT) a potential $1.13B contract to manufacture lot 14 Guided Multiple Launch Rocket Systems and associated equipment for the U.S. Army and foreign military sales customers. The company said Thursday it will produce 9.5K unitary and alternative warhead rockets and more than 300 reduced-range practice rockets as well as provide...
Boeing (NYSE: BA) and Lockheed Martin‘s (NYSE: LMT) joint venture United Launch Alliance has received a potential $152.4M contract to produce a heavy rocket for the National Reconnaissance Office‘s Launch Mission One. The Defense Department said Wednesday ULA will help the agency launch the mission with...
Lockheed Martin (NYSE: LMT) has received a $289M contract to provide 24 High Mobility Artillery Rocket Systems and related equipment to the U.S. Army. Production of HIMARS launchers will occur at the company-operated Precision Fires Center of Excellence facility in Camden, Ark., Lockheed said Tuesday. Contract work is scheduled for co...
Poland and Lockheed Martin (NYSE: LMT) have signed an agreement for the company to build Patriot Advanced Capability-3 Missile Segment Enhancement missiles and associated equipment for the Polish military. Lockheed said Wednesday Poland will be its fifth international customer to procure PAC-3 MSE missiles. The system is designed ...
Thomas Bell, senior vice president of global sales and marketing at Boeing‘s (NYSE: BA) defense, space and security business, will rejoin Rolls-Royce this month as president of the aircraft engine manufacturer’s defense arm. Rolls-Royce said Wednesday Bell initially joined the company in mid-2012 as pre...
Leidos‘ (NYSE: LDOS) defense group president Michael Leiter left the company on Friday approximately one year after the merger with the former Lockheed Martin (NYSE: LMT) information systems and global solutions segment was first announced. Leidos disclosed Leiter’s departure in a regulatory filing after markets closed Friday. ̶...
Lockheed Martin (NYSE: LMT) has secured a potential five-year, $7 billion indefinite-delivery/indefinite-quantity contract to help sustain the U.S. Air Force‘s fleet of F-22 air vehicles. The Defense Department said Thursday Lockheed’s aeronautics business unit will perform work at various locations within and outside the continenta...
Lockheed Martin (NYSE:LMT) has received a three-year, $154.4 million U.S, Navy contract to to support Increment 8 of the Trident II Strategic Weapon System Shipboard Integration effort for two classes of future U.S. and U.K. ballistic missile submarines. The Defense Department said Wednesday Lockheed’s rotary and miss...
