Business

Elbit Systems of Australia awarded contract for supply of thermal weapon sights

Posted April 20, 2016 by

Elbit Systems Ltd. announced April 19 that its Australian subsidiary, Elbit Systems of Australia Pty Ltd., was awarded a contract in an amount of approximately $30 million (approximately $40 million Australian) by the Department of Defence of the Commonwealth of Australia, for the supply of XACTth65 sights, a member of the Elbit Systems thermal weapon…

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Business

Contract Briefs

Posted May 4, 2016 by

Navy Lockheed Martin Corp., Lockheed Martin Aeronautics Co., Fort Worth, Texas, is being awarded a $1,271,800,000 not-to-exceed undefinitized modification to the previously awarded low-rate initial production Lot 11 advance acquisition contract N00019-16-C-0033 for aircraft added by the U.S. services in fiscal 2016 budget deliberations and by Congress in the Consolidated Appropriations Act, 2016.  This modification…

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Business

Raytheon begins delivery of railgun pulse power containers

Posted May 23, 2016 by

Raytheon has begun deliveries of pulse power containers in support of the U.S. Navy's Railgun program.

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Business

Sikorsky’s S-92® fleet surpasses one million flight hours

Posted June 15, 2016 by

The global fleet of Sikorsky S-92® helicopters recently surpassed one million flight hours, in an impressively short time of less than 12 years. Sikorsky is a Lockheed Martin company. “We are incredibly thankful to our customers, suppliers and employees for reaching this milestone, and we are tremendously proud of the S-92 helicopter’s industry-leading safety record,”…

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Business

Lockheed Martin PAC-3 MSE interceptor destroys air-breathing target

Posted July 11, 2016 by

Army photograph A Lockheed Martin PAC-3 MSE missile blasts out of its launcher en route to an airborne target intercept during a test at White Sands Missile Range, N.M. A Lockheed Martin PAC-3 Missile Segment Enhancement missile successfully intercepted a full-scale air breathing target at White Sands Missile Range, N.M., July 8, 2016, as part…

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Business

Raytheon launches NSA-certified, next-generation Ethernet encryption system

Posted July 27, 2016 by

The National Security Agency has certified Raytheon’s KG-350 Ethernet encryption system to protect network communications for sensitive information up to Top Secret/SCI classification. The Type 1 certification gives Raytheon authorization to sell the groundbreaking KG-350 encryptor to commercial, military and government customers immediately. The KG-350 expands Raytheon’s leadership in the Layer 2 Ethernet encryption market,…

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Business

Lockheed Martin separates, combines IT and technical services businesses with Leidos

Posted August 17, 2016 by

Lockheed Martin has completed the separation of its Information Systems & Global Solutions business segment and merged it with a subsidiary of Leidos Holdings, Inc. The transaction concludes Lockheed Martin’s portfolio reshaping strategy announced last year and was finalized through a tax-efficient Reverse Morris Trust transaction. The merger creates tangible value for both businesses. It…

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Business

Successful Trident II D5 test supports Navy sub certification for strategic patrol

Posted September 14, 2016 by

Navy photograph The submerged USS Maryland launches an unarmed Trident II D5 Fleet Ballistic Missile in the Atlantic Ocean during an Aug. 31, 2016, flight test. The USS Maryland, a U.S. Navy submarine, launched an unarmed Trident II D5 Fleet Ballistic Missile built by Lockheed Martin in the Atlantic Ocean for a successful test flight…

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Business

Netherlands to upgrade Integrated Air, Missile Defense System

Posted October 7, 2016 by

The Royal Netherlands Defence Materiel Organisation awarded Raytheon a contract to upgrade its Patriot Integrated Air and Missile Defense system with the Modern Man Station user interface, a move to significantly boost the nation’s missile defense capability. “The Netherlands will continuously modernize Patriot as they intend to keep it in their inventory until at least 2040,” said…

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Business

Northrop Grumman welcomes UK as global F-35 Lightning II component MRO, upgrade services

Posted November 7, 2016 by

Northrop Grumman welcomes the announcement by the F-35 Joint Program Office in the U.S. that it has assigned the U.K. to provide global maintenance, repair, overhaul and upgrade services for F-35 Lightning II Air Vehicle Depot-Level Repairable Components.  Northrop Grumman is part of the innovative partnership between the U.K. government-owned, Defence Electronics and Components Agency,…

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