Lockheed Martin Corporation announced it has terminated its agreement to acquire Aerojet Rocketdyne Holdings, Inc. The decision to terminate the agreement follows the U.S. Federal Trade Commission’s (FTC) lawsuit filed late last month seeking a preliminary injunction to block the acquisition. “Our planned acquisition of Aerojet Rocketdyne would have benefitted …
Read More »Lockheed Martin Sikorsky-Boeing Selects Honeywell Engine to Power DEFIANT X
Sikorsky, a Lockheed Martin Company, and Boeing today announced Honeywell as the engine provider for DEFIANT X, the advanced helicopter for the U.S. Army’s Future Long-Range Assault Aircraft (FLRAA) competition. With Honeywell providing the HTS7500 turboshaft engine, Team DEFIANT brings unsurpassed Army Aviation experience to revolutionize Army air assault while …
Read More »LM Delivers 1st F-16 from Greenville Depot Sustainment Program
Lockheed Martin today announced it has delivered the first F-16 jet as part of the F-16 Sustainment Depot program back to the U.S. Air Force. Lockheed Martin was originally selected for the U.S. Air Force’s F-16 Sustainment Depot program in December 2020, and the first jet arrived in Greenville, South …
Read More »Lockheed Martin to Upgrade Egyptian Air Force’s Apache Attack Helicopter with M-TADS/PNVS
Lockheed Martin Corp. Missiles and Fire Control, Orlando, Florida, was awarded a $102.4 million firm-fixed-price contract for production and delivery of hardware components and spares of the Apache Attack Helicopter Modernized Target Acquisition Designation/Pilot Night Vision Sensor System (M-TADS/PNVS, Arrowhead). As per a Pentagon release issued last week, the contract …
Read More »Lockheed Books $286M MDA Contract Modification to Support Saudi Arabia’s THAAD
Lockheed Martin has secured a $286.5 million contract modification with the Missile Defense Agency to continue helping Saudi Arabia maintain and operate its Terminal High Altitude Area Defense system. The company will provide equipment, spare parts and support services to support ground production, maintenance, software updates, training and logistics of Saudi Arabia’s …
Read More »US Army Chooses LM to Continue Development of Terrestrial Layer System for its Tactical Vehicles
The U.S. Army through the Consortium Management Group (CMG)/ Consortium for Command, Control and Communications in Cyberspace (C5), awarded Lockheed Martin [NYSE:LMT] a Project Agreement to continue development of the Terrestrial Layer System (TLS) program, which will provide critical situational awareness capabilities to the U.S. Army. In today’s complex, digital …
Read More »GKN Aerospace and Lockheed Martin expand agreement on PAC-3 Missile Segment Enhancement
GKN Aerospace has signed a follow-on contract with Lockheed Martin to supply launch tubes for the PAC-3 Missile Segment Enhancement (MSE) through 2025. Along with the follow-on contract, an additional agreement was reached for a development contract set to begin October 2021 for tooling, pathfinder units, and qualification necessary to manufacture …
Read More »Lockheed Martin Delivers Long Range Hypersonic Weapon’s Ground System to US Army
Today Lockheed Martin celebrated with the U.S. Army the delivery of critical ground equipment for its Long Range Hypersonic Weapon (LRHW) system – part of a rapid, multi-year hypersonic weapons development program supporting the service’s focus on long-range precision fires. “With this delivery, we’ve taken another leap in advancing this …
Read More »Lockheed Martin to Upgrade U.S. Missile Defense System’s Command & Control Capability
Today’s battlespace is the most contested since the Cold War. Offensive missile systems with maturing sophistication from rogue states pose a growing threat to the U.S. Helping the U.S. counter these threats is the Command, Control, Battle Management & Communications (C2BMC) system, the integrating element of the U.S. Missile Defense …
Read More »THALES SELECTED BY LOCKHEED MARTIN TO DELIVER AIRBORNE ANTI-SUBMARINE WARFARE SONARS TO THE U.S., INDIAN, GREEK AND DANISH NAVIES
Thales has signed a contract with Lockheed Martin as a tier-one supplier for the delivery of up to 55 airborne anti-submarine warfare sonars. The ALFS (Airborne Low Frequency Sonar)* dipping sonars will be installed on the MH-60R platform for the U.S. Navy and three additional navies. Delivery of the first …
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