Business

U.S. Air Force awards Lockheed Martin contract for Paveway II Plus laser guided bombs

Posted October 25, 2017 by

Lockheed Martin has received a $131 million contract from the U.S. Air Force for follow-on production of Paveway II Plus Laser Guided Bomb (LGB) kits.

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Lockheed Martin receives nearly $200 million of C-130 training contracts

Posted November 27, 2017 by

Lockheed Martin recently received six contracts, with awards totaling $198.4 million, to improve training for C-130 airmen and operators around the world.

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Business

Boeing, Royal Air Maroc announce orders for Four 787 Dreamliners

Posted December 28, 2017 by

Boeing and Royal Air Maroc (RAM) announced Dec. 27 orders for (4) 787-9 Dreamliners – valued at $1.1 billion at list prices – that will enable Morocco’s flag carrier to expand international service. The orders, previously listed as unidentified on Boeing’s Orders & Deliveries website, include two 787s purchased in December 2016 and two purchased…

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Business

BAE Systems awarded 40 Mk4 Naval Gun contract for Finland

Posted February 2, 2018 by

BAE Systems will produce and deliver Bofors 40 Mk4 Naval Guns for the Finnish Navy and its Hamina Class Squadron 2000 fast attack craft, under a contract with Patria, the prime contractor for the vessel’s mid-life upgrade and overhaul program. With this contract, Finland adds the 40 Mk4 to its installed base of BAE Systems…

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Business

Lockheed Martin announces new Skunk Works, F-35 program leaders

Posted March 2, 2018 by

Lockheed Martin announced March 1 that Jeff Babione has been named the vice president and general manager of Advanced Development Programs – also known as Skunk Works® – succeeding Rob Weiss who will retire at the end of 2018. Greg Ulmer has been named vice president and general manager of the F-35 Program succeeding Babione….

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Lockheed Martin to integrate tank protection technology for testing on U.S. Army vehicles

Posted March 28, 2018 by

The U.S. Army's Tank Automotive Research, Development and Engineering Center has awarded Lockheed Martin a next-phase contract to continue maturing the Modular Active Protection Systems controller base kit hardware and software.

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Business

Lockheed Martin-led team hosts christening for future USS Indianapolis

Posted April 16, 2018 by

Lockheed Martin photograph Ship sponsor Jill Donnelly breaks a bottle of champagne across the bow during the christening ceremony for the nation’s 17th Littoral Combat Ship, the future USS Indianapolis, at the Fincantieri Marinette Marine shipyard on April 14. MARINETTE, Wis., April 14, 2018 /PRNewswire/ — The Lockheed Martin-led industry team hosted the christening ceremony for…

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Business

Raytheon named key partner to develop America’s first, most advanced drone-testing airspace corridor

Posted May 4, 2018 by

The Northeast UAS Airspace Integration Research Alliance selected Raytheon as a key partner in the development of America’s first and most advanced unmanned aircraft system-testing airspace corridor in New York state.  Raytheon’s Intelligence, Information and Services business will help plan, design, build and support the state’s next-generation air traffic management system to safely test and…

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Business

Boeing EA-18G Growler makes first appearance in Finland

Posted June 1, 2018 by

Boeing and the U.S. Navy will exhibit the EA-18G Growler airborne electronic attack aircraft for the first time in Finland. The jets will be on static and flying display during the Finnish Air Force 100th anniversary air show, June 16-17 at Tikkakoski Airport in Jyväskylä. “The Finnish Air Force is a longstanding customer to Boeing…

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Business

U.S. Army awards Lockheed Martin contract for ATACMS missiles

Posted June 27, 2018 by

Lockheed Martin has announced a $364 million production contract for Army Tactical Missile System (ATACMS) missiles for the U.S. Army and a Foreign Military Sales customer. The program will allow the military services to upgrade their existing Block 1 missiles with new technology and double the range, while extending the missiles’ shelf life by more…

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