Lockheed Martin Archives - Page 19 of 48

Slovenia becomes 23rd nation to order Leonardo’s man-portable laser designators

January 21, 2021

Leonardo has signed a contract to supply the Slovenian Defence Ministry with its Type 163 Laser Target Designator (LTD) for the Slovenian Armed Forces. The contract makes Slovenia the 23rd nation to order the Type […]

Photo Credit: Korea Aerospace Industries, LTD.

Combat Aircraft One Step Closer to Getting Outfitted

January 12, 2021

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 […]

US approves over $4 billion sale of 8 Apache helicopters to Kuwait

December 31, 2020

The US State Department signed off on arms sales to Kuwait worth over USD 4 billion that include eight Apache AH-64E helicopters, along with equipment upgrade of 16 older Apaches, the Defense Security Cooperation Agency (DSCA), announced on Tuesday. […]

Boeing awarded $198M modification to MQ-25 tanker drone improve contract

December 31, 2020

The U.S. Navy awarded a $198 million contract modification to Boeing for the combination of a floor management station that gives command and management functionality in help of the MQ-25 carrier-based tanker drone. In line […]

Initial Operational Capability Declared for Australia’s RAAF F-35A

December 28, 2020

Minister for Defence, Senator the Hon. Linda Reynolds, CSC, and Minister for Defence Industry, Melissa Price MP, today declared Initial Operational Capability (IOC) for Australia’s F-35As, making Australia the seventh country to declare IOC for its F-35 fleet. Lockheed Martin (NYSE: […]

Lockheed Martin to Acquire Aerojet Rocketdyne

December 22, 2020

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 […]

Bell V-280 Valor Tests New Mission Equipment Integration and External Cargo Loads

December 18, 2020

Bell Textron Inc. has demonstrated two capabilities that highlight the Bell V-280 Valor’s ability to execute mission relevant maneuvers, as well as integrate new technology. The demonstrations, held at the Bell Flight Research Center in […]

Trump Administration Moves Forward with $1B Moroccan Arms Deal

December 15, 2020

President Donald Trump’s administration moved forward with $1 billion in sales of drones and precision-guided weapons to Morocco on Friday, sending a notice to Congress about the potential deals, according to sources familiar with the […]

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

December 8, 2020

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 […]

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

December 2, 2020

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 […]