Lockheed Martin photograph
Business

Lockheed Martin completes F-16 durability testing milestone

Posted November 4, 2015 by

Lockheed Martin has completed more than 27,000 hours of simulated flight time on an F-16C Block 50 aircraft and is now analyzing the data to determine the durability of the aircraft beyond its original design service life of 8,000 hours.

Full Story »

Lockheed Martin photograph by Joseph Macini
Business

Lockheed Martin-led team lays keel on nation’s 15th LCS

Posted November 4, 2015 by

Lockheed Martin photograph by Joseph Macini A welder authenticates the keel by welding the initials of LCS 15 sponsor Sharla Tester onto the keel plate. The Keel Laying is the formal recognition of the start of the ship’s module construction process. The Lockheed Martin-led industry team officially laid the keel for the U.S. Navy’s fifteenth…

Full Story »

Lockheed Martin photograph
Business

Lockheed Martin awarded contract for continued development of maritime canister-launched sUAS

Posted November 4, 2015 by

Lockheed Martin was awarded a $4.6 million contract from the Combating Terrorism Technical Support Office for the continued development of a maritime canister-launched small Unmanned Aircraft System (sUAS).

Full Story »

LM-F35
Business

Jeff Babione named F-35 program leader

Posted November 2, 2015 by

Lockheed Martin announced Oct. 29 that Jeff Babione has been named the executive vice president and general manager of the F-35 Program, effective January 1, 2016. Babione succeeds Lorraine Martin who has been appointed to the newly created position of deputy executive vice president, Mission Systems and Training. As head of Lockheed Martin’s F-35 team,…

Full Story »

Business

Northrop Grumman awarded contract for U.S. Navy’s surface warfare improvement

Posted October 30, 2015 by

Northrop Grumman has been awarded a $91.7 million engineering, manufacturing and development (EMD) contract from the U.S. Navy to further mature system designs for the AN/SLQ-32(V)7 (SEWIP B3) electronic warfare system. Under the contract, Northrop Grumman will finalize integration modeling and test plans, and produce two prototype models for laboratory and field testing. The contract…

Full Story »

boeing-el-al
Business

Boeing, EL AL Israel Airlines agree on 787 Dreamliner order

Posted October 30, 2015 by

Boeing and EL AL Israel Airlines agreed on an order Oct. 29 for up to nine 787 Dreamliners, valued at more than $2.2 billion at current list prices. Three of the orders will be added to Boeing's Orders & Deliveries website on Nov. 5 and the remainder will be posted as further contractual requirements are finalized.

Full Story »

Business

Austal awarded $53.4 million for 11th U.S. Navy Expeditionary Fast Transport long-lead materials procurement

Posted October 30, 2015 by

Austal USA was awarded a $53.4 million contract to procure long-lead materials for the 11th Expeditionary Fast Transport for the U.S. Navy. The award covers materials including main propulsion engines, generators, water jets, main reduction gears and other long-lead time items. “We are excited that the Navy is building on the momentum and the maturity…

Full Story »

sikorksy-1st-flight2
Business

CH-53K helicopter achieves first flight

Posted October 28, 2015 by

Sikorsky Aircraft Corp., a subsidiary of United Technologies Corp., announced Oct. 27 the successful first flight of the U.S. Marine Corps' CH-53K King Stallion heavy lift helicopter protoype, known as Engineering Development Model-1.

Full Story »

Business

U.S. Air Force awards Raytheon a $393 million contract for ISR mission support

Posted October 28, 2015 by

Raytheon will continue mission support for the U.S. Air Force’s Distributed Common Ground System under a new $393 million contract. DCGS is the service’s primary intelligence, surveillance and reconnaissance analysis tool. Over the last decade, Raytheon has ensured high levels of performance for these critical ISR systems, while generating tens of millions in cost savings….

Full Story »

Business

U.S. Air Force awards Lockheed Martin majority share of Paveway™ II contract

Posted October 28, 2015 by

Lockheed Martin has received a $76 million contract from the U.S. Air Force for follow-on production of Paveway II Plus Laser Guided Bomb (LGB) kits.  The contract represents the majority share of fiscal year 2015 funding, as well as 100 percent of available funding for Foreign Military Sales. Deliveries will begin in the second quarter…

Full Story »


All of this week's top headlines to your email every Friday.