United States and allied military forces are set to upgrade key missile defense capabilities under a new $1.5 billion contract for production and delivery of Patriot Advanced Capability-3 (PAC-3) missiles and PAC-3 Missile Segment Enhancement (PAC-3 MSE) missiles.
For all its troubles, Lockheed Martin's F-35 joint stealth fighter remains a very popular warplane -- both here and abroad.
Over the next 60 years, Lockheed Martin aims to sell as many as 5,100 F-35s to customers around the globe. And as we just learned from DoDBuzz, one single Pentagon contract could bring Lockheed 10 percent of the way toward scoring that goal.
Lockheed Martin has entered into a definitive agreement to acquire Sikorsky Aircraft, a world leader in military and commercial rotary-wing aircraft, for $9 billion. The price is effectively reduced to approximately $7.1 billion, after taking into account tax benefits resulting from the transaction.
The U.S. Navy and Lockheed Martin have delivered the third Mobile User Objective System(MUOS) spacecraft to Cape Canaveral Air Force Station, Fla., where it will be prepared for a January 2015 liftoff aboard a United Launch Alliance Atlas Vrocket.
Lockheed Martin, in partnership with the Air Force Research Laboratory (AFRL) and the University of Notre Dame, has demonstrated the airworthiness of a new beam control turret being developed for the Defense Advanced Research Projects Agency (DARPA) and AFRL to give 360-degree coverage for high-energy laser weapons operating on military aircraft.
Lockheed Martin received a contract from the U.S. Air Force with an initial value of $109 million for sustainment of the reentry subsystem for the Minuteman III intercontinental ballistic missile (ICBM).
Lockheed Martin received a $611M contract from the U.S. Army Aviation and Missile Command for the first production order of the PAC-3 Missile Segment Enhancement (MSE) following the Army’s successful Milestone C decision earlier this year. The contract includes the production of both PAC-3 MSE missiles and Launcher Modifications Kits (LMKs).
The third Advanced Extremely High Frequency (AEHF) satellite has begun transmitting using its protected communications payload, joining two other satellites undergoing system test in orbit with a suite of user terminals. AEHF satellites are produced by Lockheed Martin for the U.S. Air Force.
LONGBOW International, a joint venture of Lockheed Martin and Northrop Grumman, received a $96 million contract in 2013 from AgustaWestland to support LONGBOW Fire Control Radars on U.K. Apache AH Mk.1 aircraft.