Business

Sikorsky recognizes top suppliers

Posted June 5, 2017 by

Lockheed Martin’s Sikorsky honored top suppliers at a ceremony held recently in West Palm Beach, Fla. Twenty-two suppliers were recognized, including 15 receiving honors as Sikorsky Gold Suppliers for best-in-class performance in achieving on-time delivery, cost and quality standards during 2016. Receiving Sikorsky Program Supplier of the Year awards were: * Black Hawk Program:  TFAB…

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Business

CH-53K King Stallion flight testing begins transition to Pax River

Posted July 5, 2017 by

Lockheed Martin announced July 5 the CH-53K King Stallion program has successfully completed its first extended "cross country" flight from Sikorsky's West Palm Beach, Florida, facility to Naval Air Station Patuxent River, Md.

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Business

Lockheed Martin invests $350 million in state-of-the-art satellite production facility

Posted August 7, 2017 by

Preliminary construction is underway on a new, $350 million Lockheed Martin facility that will produce next-generation satellites. The new facility, located on the company’s Waterton Canyon campus near Denver, is the latest step in an ongoing transformation, infused with innovation to provide future missions at reduced cost and cycle time. The new Gateway Center, slated…

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Business

Boeing selects Triumph Group as major supplier for its U.S. Air Force T-X offer

Posted September 15, 2017 by

Boeing has selected Triumph Group, Inc. as a major supplier for its T-X Air Force training jet. If the Air Force awards the contract to Boeing, Triumph’s Aerospace Structures business unit, located in Red Oak, Texas, will supply the wing, vertical tail and horizontal tail structures, with opportunities for additional work, generating 950 direct and…

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Business

U.S. Navy orders additional APKWS rocket guidance kits

Posted October 13, 2017 by

The U.S. Navy has awarded BAE Systems a $59.5 million contract for additional APKWSTM guidance kits to transform unguided 2.75-inch (70-millimeter) rockets into laser-guided precision munitions. The new contract will enable BAE Systems to continue to meet the growing demand for cost-effective guided munitions for U.S. armed forces and allied international customers. The new award,…

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Business

Boeing forecasts $730 billion market for new airplanes in Middle East

Posted November 13, 2017 by

Boeing forecasts that airlines in the Middle East will need 3,350 new airplanes over the next 20 years, valued at an estimated $730 billion. Boeing presented its 2017 Current Market Outlook for the region during the Dubai Airshow. “Traffic growth in the Middle East is expected to grow at 5.6 percent annually during the next…

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Business

Raytheon completes first lot production of Small Diameter Bomb II

Posted December 13, 2017 by

Raytheon has completed Lot 1 production of the Small Diameter Bomb II, a new  weapon that will give fighter pilots the ability to destroy moving targets at any time and in all-weather conditions. The U.S. Air Force has also contracted with Raytheon to produce Lots 2 and 3. The SDB II™ bomb is a gliding…

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Business

Brazil orders additional Airbus C295 search and rescue aircraft

Posted January 26, 2018 by

Brazil has ordered an additional Airbus C295 search and rescue aircraft that will eventually take to 15 the number of C295s in service with the Brazilian Air Force. This latest order constitutes the firming of an option included in an earlier contract in 2014. It was signed at the end of last year and will…

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Business

Lockheed Martin launches unmanned vehicle control software

Posted February 21, 2018 by

Lockheed Martin software has been simultaneously flying, on average, at least six unmanned aircraft during every hour of the last 25 years, completing missions as diverse as reconnaisance, inspection, mapping and targeting. Today, Lockheed Martin is launching VCSi, a new vehicle control software, as the culmination of more than two decades of experience and 1.5…

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Business

BAE Systems awards contract to Lockheed Martin to supply vertical launching system for Royal Navy’s Type 26

Posted March 2, 2018 by

BAE Systems has awarded Lockheed Martin a contract to equip the Royal Navy’s new Type 26 Global Combat Ship with the MK 41 Vertical Launching System. The MK 41 VLS is the only system capable of launching anti-air, anti-submarine, surface-to-surface and strike-length missiles. Once integrated with the Type 26, the MK 41 VLS will offer…

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