Lockheed Martin (NYSE: LMT) has received a $344 million contract from the Federal Aviation Administration to provide a system to support flight plan exchanges between air traffic controllers. The FAA said Wednesday the Terminal Flight Data Manager will work to provide electronic flight strips instead of paper strips to aid r...
The State Department has approved Chile’s request to acquire $140.1 million in Raytheon (NYSE:RTN)-manufactured Evolved Seasparrow Missiles and related services from the U.S. government under a foreign military sales agreement between both countries. The Defense Security Cooperation Agency said Tuesday Raytheon, BAE Systems and Lockh...
The U.S. Navy has awarded a potential $323 million fixed-price-incentive contract to Lockheed Martin (NYSE: LMT) for a laboratory with integrated reprogramming capacity to build, modify, test and deliver mission data files of a fighter aircraft. The Defense Department said Thursday Lockheed Martin Aeronautics‘ laborato...
Lockheed Martin‘s (NYSE: LMT) mission systems and sensors business has received a potential $421 million contract from the U.S. Navy to provide a range of services in support of the Advanced Electronic Guidance and Instrumentation System. The Defense Department said Friday the contract covers in-service combat systems engineering, co...
Denmark will proceed on a plan to purchase 27 F-35A fighter jets for $3 billion total from Lockheed Martin (NYSE: LMT), Reuters reported Thursday. Nikolaj Skydsgaard wrote Denmark becomes the 11th country to purchase the F-35’s conventional takeoff-and-landing variant used by U.S. and international partner air forces. The Danish ...
The State Department has approved a $260 million foreign military sale of logistics support services, support and communications equipment, personnel training and spare and repair parts for F-16 units to Oman. The Defense Security Cooperation Agency said Thursday the government of Oman has also requested electronic combat international se...
Sevatec has named Anantha Bangalore, former chief technical officer at Blackstone Technology Group, as chief technology officer to oversee the development of technology offerings and partnerships. The Fairfax, Virginia-based technology services contractor said Tuesday Bangalore brings with him 20 years of experience in informatio...
Lockheed Martin (NYSE: LMT) will provide the U.S. Army various rocket pods for Israel, Finland, Jordan and Singapore under a $331.8 million foreign military sales contract. The Defense Department said Thursday Lockheed’s missile and fire control business will supply 290 Guided Multiple Launch Rocket System alternative ...
Lockheed Martin (NYSE: LMT) has received a $321.8 million contract from the U.S. Navy to support the integration and test phase of the Long Range Anti-Ship Missile program. The Defense Department said Friday such a contract would complete all remaining efforts to design LRASM’s hardware and software, retire o...
Lockheed Martin (NYSE:LMT) and Raytheon (NYSE:RTN) have been awarded contract modifications worth a combined $649.7 million to continue to build Paveway II laser-guided bombs for the U.S. Air Force. The modifications extend the work’s performance period for five years through July 27, 2023, the Defense Depart...
