Kongsberg Defence & Aerospace AS (KONGSBERG) has signed a new agreement with Lockheed Martin Aeronautics (LMA) worth 1.750 MNOK for the F-35 Joint Strike Fighter program production lots 15-17. The agreement includes delivery of the F-35 Rudders, Vertical Leading Edges and Main Landing Gear Closeout panels for more than 500 …
Read More »MDA selects Lockheed Martin and Northrop-Grumman team for Next Generation Interceptor
The Department of Defense has awarded two contracts to Northrop Grumman Systems Corp. and Lockheed Martin Corp. in support of the Next Generation Interceptor (NGI) program. With an estimated maximum value of $1.6 billion through fiscal year 2022, this contract award is structured to carry two designs into the technology …
Read More »Lockheed Martin Receives First F-16 for Depot Sustainment Program
Lockheed Martin has received its first F-16 from the U.S. Air Force as part of the $900 million indefinite delivery/indefinite quantity (IDIQ) contract the company received in December 2020 to provide sustainment support and depot-overflow services for F-16 aircraft. The F-16 arrived at the Lockheed Martin facility in Greenville, South …
Read More »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 …
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 …
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