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U.S. government gives green light to Lockheed Martin team’s JLTV production plans

Posted September 9, 2014 by

The Lockheed Martin Team’s Joint Light Tactical Vehicle (JLTV) program successfully completed the government’s Production Readiness Review at the company’s Camden, Ark., Ground Vehicle Assembly facility. During the PRR event, the team assembled a JLTV on its production line to further demonstrate production readiness. The PRR was an intense evaluation of Lockheed Martin’s JLTV production…

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Air Force, Lockheed Martin complete final system tests for critical missile warning satellite

Posted April 3, 2012 by

Lockheed Martin has successfully completed a major milestone for the U.S. Air Force’s second Space Based Infrared System geosynchronous satellite. The milestone, known as the Final Integrated System Test, verifies the spacecraft’s…

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General Dynamics awarded $78 million for Virginia-class submarine procurement

Posted April 18, 2012 by

The U.S. Navy has awarded General Dynamics Electric Boat a $78 million contract to buy long lead-time material for the Virginia-class submarine SSN-792. Electric Boat is a wholly owned subsidiary of General Dynamics. The contract provides funding for steam and electrical-plant components, the main propulsion unit and ship-service turbine generator set, as well as miscellaneous…

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L-3 Communications first quarter beats street; shares surge

Posted April 26, 2012 by

L-3 Communications Holdings Inc.’s net income edged lower in the first quarter as governments spent less on its services. It was still good enough to beat Wall Street expectations, however, and the defense contractor boosted its full-year earnings guidance as well, sending shares up 6 percent April 26. L-3′s net income for the three months…

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General Dynamics delivers USS Mississippi sub to Navy 363 days ahead of schedule

Posted May 4, 2012 by

General Dynamics Electric Boat today delivered the nuclear-powered attack submarine Mississippi (SSN-782) to the U.S. Navy 363 days ahead of contract schedule and more than $60 million below target cost. Electric Boat is a wholly owned subsidiary of General Dynamics. John Holmander, vice president and Virginia program manager for General Dynamics Electric Boat, noted that…

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Raytheon awarded $313.8 million for Standard Missile-6 all-up rounds

Posted May 16, 2012 by

The U.S. Navy awarded Raytheon a $313.8 million contract for low-rate initial production of Standard Missile-6 all-up rounds. SM-6 leverages the legacy Standard Missile airframe and propulsion elements, while incorporating the advanced signal processing and guidance control capabilities of Raytheon’s Advanced Medium-Range Air-to-Air Missile. Work will be performed in Tucson, Ariz.; Camden, Ark.; Andover, Mass.;…

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Raytheon unveils reconnaissance system prototype to Canadian Army

Posted May 30, 2012 by

Raytheon Technical Services Company LLC, a subsidiary of Raytheon Company, recently unveiled its Light Armoured Vehicle Reconnaissance Surveillance System prototype to the Canadian Army in Ottawa, Ontario. Raytheon designed the LRSS to fit into the Canadian Army’s Light Armoured Vehicle-III to provide improved flexibility allowing on-the-move intelligence, surveillance and reconnaissance missions. The innovative design permits…

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Northrop Grumman completes design review for integrated air, missile defense battle command system

Posted June 11, 2012 by

Northrop Grumman has successfully completed the Critical Design Review for the U.S. Army’s Integrated Air and Missile Defense Battle Command System. The CDR provided an in-depth assessment, by a government team of experts and managers, that the IBCS design is programmatically and technically realistic and attainable. The successful review determined the IBCS detailed design satisfies…

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Sierra Nevada sues to reinstate Air Force contract

Posted June 14, 2012 by by Roxana Hegeman

Sierra Nevada Corp. is suing for the reinstatement of a $354 million contract to build light air-support aircraft for use in Afghanistan, after the U.S. Air Force canceled the deal following objections by a rival manufacturer and under pressure from lawmakers. The Air Force canceled the high-stakes contract in March and launched an investigation after…

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Lockheed Martin’s Aegis Ballistic Missile Defense System successfully intercepts second target this year

Posted June 27, 2012 by

The Missile Defense Agency, U.S. Navy and Lockheed Martin team successfully intercepted a separating ballistic missile target with the second generation of the Aegis Ballistic Missile Defense system, Aegis BMD 4.0.1, and the Standard Missile-3 Block IB missile. During the test known as Flight Test Mission-18, Aegis BMD 4.0.1 successfully detected, tracked and engaged the…

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