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Business

Lockheed Martin delivers new capabilities for F-35 logistics system

Posted April 28, 2017 by

Lockheed Martin's next iteration of the F-35s Autonomic Logistics Information System (ALIS) has been approved for installation at U.S. Air Force and U.S. Navy F-35 sites.

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Raytheon awarded production contract for Poland’s Patriot

Posted September 28, 2018 by

The U.S. Army has awarded Raytheon a more than $1.5 billion contract for production of Poland’s Patriot™ Integrated Air and Missile Defense System including spare parts, support and training. Announced by the Department of Defense on Sept. 25, the contract calls for Raytheon to build and deliver four Patriot fire units for Poland. “Patriot will…

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Business

Raytheon breaks ground on Ontario International Airport hangar

Posted May 14, 2018 by

ONTARIO, Calif.–Raytheon and the Ontario International Airport Authority in Southern California broke ground today on a hangar that will house Raytheon’s flying testbed platform. The RMT, a modified 727 airliner, conducts airborne test and evaluation on a variety of technologies, including radars, electro-optical/infra-red sensors, avionics and other systems. “Tomorrow’s sensor systems are already in the…

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World’s most capable X-band ballistic missile defense radar upgrades to gallium nitride technology

Posted April 7, 2017 by

Ballistic missiles will soon be easier to detect and defeat. The U.S. Missile Defense Agency has awarded Raytheon a $10 million contract modification to continue the development of hardware and software that will add gallium nitride, or GaN semiconductor technology to the AN/TPY-2 ballistic missile defense radar. GaN increases the radar’s range, search capabilities and…

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Business

Raytheon-Lockheed gets $10M lightweight launcher contract

Posted July 31, 2017 by

TUCSON, Ariz.–A Raytheon-Lockheed team has been awarded a $10 million Army contract for work on a lightweight launcher in an attempt to upgrade the Javelin missile system. The Raytheon/Lockheed Martin Javelin Joint Venture, based at Raytheon Missile Systems in Tucson, Ariz., will work through September 2019 on reducing the weight of the Javelin Command Launch…

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Lockheed Martin receives Army contract for guided MLRS rocket production

Posted July 14, 2017 by

Lockheed Martin has received a $471 million contract from the U.S. Army for Lot 12 production of Guided Multiple Launch Rocket System rockets.

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Business

U.S. Air Force awards Lockheed Martin $116 million contract option for JASSM-ER production

Posted April 22, 2016 by

Lockheed Martin received a $116.8 million contract from the U.S. Air Force for continued production of Joint Air-to-Surface Standoff Missile-Extended Range. This contract exercises an option in the Lot 14 contract and includes 100 JASSM-ER missiles. Work under this contract option is expected to be complete by June 2019. The award brings the total number…

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General Dynamics Ordnance and Tactical Systems awarded gun barrel production contract

Posted March 2, 2016 by

General Dynamics Ordnance and Tactical Systems has been awarded a multi-year contract by Smith & Wesson to produce hammer forged, military grade gun barrels. The barrels produced under this contract will be used in Smith & Wesson’s M&P pistol, which is being offered for the U.S. Army’s XM17 Modular Handgun System competition. “With 32 years…

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Business

Sikorsky, Canada’s DND receive AHS International award for successful CH-148 Cyclone helo shipboard tests

Posted May 21, 2018 by

Royal Canadian Navy photograph A CH-148 Cyclone helicopter performs a hover in-flight refueling test during sea trials aboard a Royal Canadian Navy Halifax-Class frigate in the North Atlantic. AHS International has recognized Canada’s Department of National Defence and Sikorsky, a Lockheed Martin company, for “conducting an extraordinary international effort” to demonstrate flight and shipboard operation…

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Business

Northrop Grumman to acquire Orbital ATK for $9.2 billion

Posted September 20, 2017 by

Northrop Grumman and Orbital ATK announced Sept. 18 that they have entered into a definitive agreement under which Northrop Grumman will acquire Orbital ATK for approximately $7.8 billion in cash, plus the assumption of $1.4 billion in net debt. Orbital ATK shareholders will receive all-cash consideration of $134.50 per share. The agreement has been approved…

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