Lockheed Martin Aeronautics Co., based in Fort Worth, Texas, has been awarded a $347,435,068 contract modification by the US Department of Defense. The contract modification is for the acquisition of helmet-mounted display systems for the F-35 Joint Strike Fighter aircraft. The helmet-mounted display system (HMDS) integrates a binocular display and …
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The Space Development Agency (SDA) awarded Lockheed Martin (NYSE: LMT) a firm-fixed price agreement valued at approximately $816 million to build 36 Tranche 2 Transport Layer (T2TL) Beta satellites. T2TL is part of an overarching plan to strengthen deterrence with more resilient space architectures for beyond line-of-sight (BLOS) targeting, data transport, and …
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Lockheed Martin (NYSE: LMT) will scale its laser technology to a new benchmark: a 500 kW-class laser, the most powerful laser Lockheed Martin has produced, topping its 300 kW-class laser power level developed under a contract from the Department of Defense’s Office of the Under Secretary of Defense for Research & Engineering, …
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Derco, a Lockheed Martin Company, has signed a 3-year Authorized Repair Facility Agreement with Collins Aerospace’s Wheel and Brake division. With this agreement, Derco continues to serve as Collins Aerospace’s authorized repair and overhaul source for its wheels, brakes and rotor brakes on 11 different military platforms, including Lockheed Martin’s …
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Lockheed Martin has won a contract from the Defense Advanced Research Projects Agency (DARPA) to develop and demonstrate a nuclear-powered spacecraft under a project called Demonstration Rocket for Agile Cislunar Operations (DRACO). The project will represent a rapid advancement in propulsion technology to benefit exploration and national defense. DARPA partnered with NASA’s Space Technology Mission …
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The Pentagon announced on Thursday that the U.S. State Department has given its approval for the sale of F-35 fighter jets, munitions, and associated equipment to the Czech Republic. The deal, which is valued at up to $5.62 billion, has been notified to Congress by the Pentagon’s Defense Security Cooperation …
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Lockheed Martin, through its Next Generation Interceptor (NGI) program, is working with three small businesses to strengthen the defense industrial base. This is part of the Department of Defense (DoD) Mentor-Protégé Program, which encourages prime contractors to serve as mentors in developing the technical and business capabilities of small businesses. …
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The Vice President of Air and Missile Defense Programs at Lockheed Martin, Dan Nimblett, conducted a significant visit to the Middle East Propulsion Company (MEPC), highlighting the company’s commitment to the growth of the aerospace and defense sector in the Kingdom of Saudi Arabia. During his visit, Nimblett toured the …
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Lockheed Martin, Korea Aerospace Industries and Red 6 today announced they have begun developing engineering solutions and a technology roadmap to establish an implementation path for Red 6’s Advanced Tactical Augmented Reality System (ATARS), into the T-50 platform and associated ground-based training systems. Initial technology integration includes a T-50 demonstrator …
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Sikorsky, a Lockheed Martin company (NYSE: LMT), will celebrate its 100th anniversary during the Paris Air Show at Le Bourget this week emphasizing the deep and enduring relationship and the ongoing mission readiness and operational success shared by Sikorsky, its workforce in Poland and its commercial and defence customers across Europe. Sikorsky’s …
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