Business

Lockheed Martin to modernize Republic of Korea F-16s

Posted November 22, 2016 by

Lockheed Martin has been awarded a $1.2 billion contract to upgrade 134 F-16 aircraft for the Republic of Korea Air Force. The upgrades are based on the advanced F-16V configuration. Among the enhancements are an Active Electronically Scanned Array (AESA) radar, a modern commercial off-the-shelf (COTS)-based avionics subsystem, a large-format, high-resolution center pedestal display and…

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Business

U.S. defense secretary in Israel as country gets F-35 jets

Posted December 14, 2016 by Robert Burns

The vanguard of Israel's new fleet of F-35 fighter jets roared onto the Nevatim air base Dec. 12, ushering in a new era for Israeli air power and sharpening its military edge in a volatile Mideast.

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Business

Work begins in Palo Alto on NASA’s dark energy hunter

Posted January 20, 2017 by

Lockheed Martin is helping NASA begin the hunt for dark energy, a mysterious force powering the universe’s accelerating expansion. An instrument assembly the company is developing, if selected by NASA for production, will be the core of the primary scientific instrument aboard the Wide Field Infrared Survey Telescope (WFIRST), whose mission aims to uncover hundreds…

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Business

Raytheon wins $128 million advanced mobile sensors program

Posted February 27, 2017 by

The U.S. Air Force awarded Raytheon a four year indefinite-delivery/indefinite-quantity contract known as “Mobile Sensors” valued up to $128 million. Raytheon will operate and maintain the Cobra King radar aboard the United States Naval Ship Howard O. Lorenzen (TAGM-25) and the Gray Star radar aboard the USNS Invincible (TAGM-24). “Raytheon is sustaining and modernizing the…

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Business

Contract Briefs

Posted March 31, 2017 by

Navy Boeing, Seattle, Wash., is being awarded a $2,196,638,752 modification to a previously awarded fixed-price, cost-plus-fixed-fee contract (N00019-14-C-0067) for the manufacture and delivery of 17 Lot 8 full-rate production P-8A aircraft for the Navy (11), foreign military sales (2), and cooperative agreement partners (4); and long lead parts associated with the manufacture of 10 Lot…

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Business

Second Boeing T-X aircraft takes flight

Posted April 27, 2017 by

Boeing and partner Saab have completed the first flight of their second production-ready T-X aircraft, which is identical to the first and designed specifically for the U.S. Air Force advanced pilot training requirement.  During the one-hour flight, lead T-X Test Pilot Steve Schmidt and Boeing Test Pilot for Air Force Programs Matt Giese validated key…

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Business

Raytheon launches new payload to improve GPS accuracy for safer, more efficient air travel

Posted May 23, 2017 by

Raytheon launched its GEO 6 satellite payload into orbit for its 12 year mission May 18, 2017. It is the latest payload to support the Federal Aviation Administration’s Wide Area Augmentation System which enhances the reliability and accuracy of Global Positioning System signals for directing air travel. The Raytheon-developed payload is a key element of…

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Business

Lockheed Martin team congratulates Australia in joining the global Aegis fleet

Posted June 16, 2017 by

Lockheed Martin Australia congratulates the Commonwealth of Australia for receiving its first Aegis-equipped ship, HOBART at a ceremony marking the occasion June 16 in Adelaide.   The handover of HOBART to the Department of Defence marks a significant milestone for Australia – officially joining the Lockheed Martin global Aegis fleet alongside Japan, Spain, Norway, the Republic…

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Business

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

Boeing Helena site expands to support 777X airplane production

Posted August 18, 2017 by

Boeing employees and community members Aug. 17 commemorated the 90,000 square-foot expansion of Boeing Helena in Helena, Mont., to support 777X airplane production. Boeing Helena is set to install new machine tools to fabricate critical titanium parts for the 777X.  “Our investment in Boeing Helena is a testament to our incredible, hard-working team members and…

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