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 …
Read More »Lockheed Martin runs UAE-designed AI inspection capability on aircraft programs
For a group of talented UAE students interning at Lockheed Martin in Masdar City, what started as an ambitious summer project has turned into a real-world engineering breakthrough that will positively impact the company’s aircraft programs for years to come. After collectively spending 1,200 hours building and testing an artificial …
Read More »Combat Aircraft One Step Closer to Getting Outfitted
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 …
Read More »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 …
Read More »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 …
Read More »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 …
Read More »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 …
Read More »Lockheed Martin, King Abdulaziz University Sign Master Research Agreement
Lockheed Martin, the U.S.-based global technology leader, entered into an international master research agreement with Saudi Arabia’s King Abdulaziz University (KAU). Both entities will focus on research and development initiatives to support the goals of Saudi Vision 2030. H.E. Prof. Dr. Abdulrahman Al Youbi, President of King Abdulaziz University, and …
Read More »U.S. Navy Awards Sikorsky Contract to Build Six More CH-53K Heavy Lift Helicopters
The CH-53K has flown more than 2,000 flight hours validating the aircraft’s performance , including testing on a ship and in both hot and cold environments. This year, the helicopter completed air-to-air refueling with a 27,000-lb. external load demonstrating its ability to enable heavy-lift transport from sea to shore. Sikorsky, …
Read More »Lockheed Martin Poised to Deliver on National Priority for Homeland Defense
Lockheed Martin teamed with Aerojet Rocketdyne on a proposal to compete for the Next Generation Interceptor (NGI) contract for The Missile Defense Agency (MDA). Lockheed Martin is offering an interceptor designed from the ground up as an all-up-round to address all elements of environmental survivability from day one. Our partner …
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