Tag Archives: Lockheed Martin

EDGE SIGNS MOU WITH LOCKHEED MARTIN

EDGE SIGNS MOU WITH LOCKHEED MARTIN

EDGE, the UAE’s advanced technology group for defence and beyond, today signed a Memorandum of Understanding (MoU) with Lockheed Martin, the US-based global technology leader, to explore industrial participation opportunities across the UAE’s aerospace and defence industry.   Under the terms of the agreement, the leading advanced technology firms will enhance …

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Combat Aircraft One Step Closer to Getting Outfitted

Photo Credit: Korea Aerospace Industries, LTD.

Lockheed Martin’s Sniper Advanced Targeting Pod (ATP) just successfully completed ground and flight testing, clearing the way for FA-50 airworthiness certification. The tests resulted in a successful long-range guided munition hit of a designated target. Sniper ATP provides an affordable and interoperable targeting pod solution for the FA-50, which is a light combat aircraft …

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Lockheed Martin to Acquire Aerojet Rocketdyne

Lockheed Martin Corporation today announced it has entered into a definitive agreement to acquire Aerojet Rocketdyne Holdings, Inc. for $56 per share in cash, which is expected to be reduced to $51 per share after the payment of a pre-closing special dividend. This represents a post-dividend equity value of $4.6 …

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BAE Systems Continues Advanced Seeker Production for Next-Generation Precision-Guided Missile

BAE Systems received a $60 million contract from Lockheed Martin to manufacture and deliver additional advanced missile seekers for the Long Range Anti-Ship Missile (LRASM). The seeker comprises long-range sensors and targeting technology that help the stealthy missile find and engage protected maritime targets in challenging electromagnetic environments. “Our warfighters …

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Lockheed Martin Wins $1.4 Bn to Support Export C-130Js

Lockheed Martin Aeronautics Corp., Marietta, Georgia, has been awarded a $1,400,000,000 indefinite-delivery requirement contract under Foreign Military Sales (FMS) for C-130J aircraft sustainment support. The ordering period for this award is 10 years from contract award. Work will mainly be performed in the host nation’s country. Services include program management …

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F-35 Proposal Submitted to Swiss Government

On Nov. 18, the U.S. government and Lockheed Martin submitted an F-35 proposal to the Swiss government in support of Switzerland’s New Fighter Aircraft (NFA) competition. The F-35 proposal is a total package offering that includes up to 40 F-35A aircraft, a sustainment solution tailored to Swiss autonomy requirements, and …

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