The State Department has approved a potential $662 million foreign military sale of Lockheed Martin-built (NYSE: LMT) AN/TPQ-53(V) radar platforms and related services to Saudi Arabia. Saudi Arabia requested 26 AN/TPQ-53(V) radars, M931 and M107 projectiles, GPS receiver tools, single channel ground and airborne ra...
TYSONS CORNER, VA, June 5, 2017 ” Lockheed Martin (NYSE: LMT) has delivered the first HC-130J Combat King II personnel recovery aircraft built for the U.S. Air National Guard in Alaska in support of the service’s operations in the region, ExecutiveBiz reported Friday. The company said Thursday the aircraft will work to supp...
Lockheed Martin (NYSE: LMT) has received a $413.8 million contract from the U.S. Air Force to deliver 360 Lot 15 units of the company’s extended-range air-to-surface missile. The Defense Department said Thursday the contractor will produce the Joint Air-to-Surface Standoff Missile-Extended Range systems as well as provide t...
Lockheed Martin (NYSE: LMT) has secured a $200 million contract from the U.S. Air Force to help 13 foreign military sales customers sustain Sniper advanced targeting pods and Low Altitude Navigation and Targeting Infrared for Night navigation pods. The Defense Department said Thursday work will include depot-level repair and retu...
Lockheed Martin Corp. ‘s (LMT) business unit, Aeronautics, won a $19.8 million contract modification for work on the F-35 aircraft memory system and panoramic cockpit display. This will help recover diminishing manufacturing sources projected under the 15th Lot production of the F-35 aircraft, reports Nasdaq.com. Forty percent of the con...
TYSONS CORNER, VA, May 30, 2017 ” Lockheed Martin (NYSE: LMT) will integrate subsystems and update propulsion systems on the fifth and sixth Space Based Infrared System satellites under a $46 million contract modification from the U.S. Air Force, ExecutiveBiz reported Friday. The Defense Department said Thursday Lockheed’s ...
Lockheed Martin (NYSE: LMT) has secured a potential two-year, $87.3 million contract from the U.S. Navy to provide technical and program management services in support of the Trident II D5 submarine-launched ballistic missile’s navigation subsystem. The Defense Department said Wednesday the contract covers navigation hardware and sof...
Lockheed Martin successfully launches Vector Hawk, a small, unmanned aerial vehicle (UAV), on command from the Marlin MK2 autonomous underwater vehicle (AUV) during a cross-domain command and control event hosted by the U.S. Navy. In addition to Marlin and Vector Hawk, the Submaran, an unmanned surface vehicle (USV) developed by Ocean Aero, provided...
DeEtte Gray, formerly president of the intelligence and security sector at BAE Systems™ U.S. subsidiary, has joined CACI International (NYSE: CACI) as president of U.S. operations. CACI said Monday that she succeeds John Mengucci and will oversee the Arlington, Virginia-based contractor’s operations business group...
Lockheed Martin‘s (NYSE: LMT) aeronautics business unit has received a $137.8 million contract modification from the U.S. Navy to fund cost reduction efforts for the low-rate initial production of lot 9 F-35s. The Defense Department said Friday that the full obligated amount at the time of award is from fiscal 2016 aircraft procurement fund...
