The United States and allied military forces will upgrade their missile defense capabilities under a new $1.1 billion contract for production and delivery of Lockheed Martin-built Patriot Advanced Capability-3 ( PAC-3 ) missiles and PAC-3 Missile Segment Enhancement ( PAC-3 MSE ) missiles.
The Ministry of Defence of the Republic of Latvia and Lockheed Martin signed a contract for three TPS-77 Multi-Role Radars (MRR) for use in air surveillance and to complement radar assets already in place.
Lockheed Martin Commercial Launch Services, a wholly owned subsidiary of the Lockheed Martin Corp., has been selected by EchoStar Corp. to provide commercial launch services for the EchoStar XIX communications satellite. The satellite is scheduled to launch in late 2016 on a United Launch Alliance Atlas V rocket from Cape Canaveral Air Force Station, Florida.
A new development center will advance satellite sensing and communication technologies, broadly known as Radio Frequency (RF) payloads, at the Lockheed Martin facility in Denver. The RF Payload Center of Excellence will focus on developing reconfigurable payloads and advancing satellite systems that many already rely on, from high-def television broadcasts to GPS transmissions and secure government communications.
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.