0
comments
Business

Lockheed Martin’s DAGRÆ missile scores perfect 16-of-16 in flight tests for U.S. Army

Posted March 24, 2014 by

Lockheed Martin recently demonstrated the ability of its DAGRÆ missile to launch from an Apache AH-64D helicopter and repeatedly hit the target during a series of Air Worthiness Release live firing flight tests at Eglin Air Force Base, Fla. The AWR tests demonstrated DAGR’s capability as an air-launched weapon. In each of the 16 flight…

Full Story »

0
comments
Business

General Dynamics awarded $26 million by Lockheed Martin for continued work on U.S. Air Force Global Positioning System III program

Posted March 24, 2014 by

General Dynamics Advanced Information Systems, a business unit of General Dynamics, was recently awarded a $26 million contract from Lockheed Martin to support the U.S. Air Force Global Positioning System (GPS) III †Network Communications Element. The Air Force’s next-generation GPS III satellites will improve position, navigation and timing services and provide advanced anti-jam capabilities yielding…

Full Story »

0
comments
Business

DRS Technologies to supply its hybrid electric drive system to Korean Navy’s new class of frigates

Posted March 24, 2014 by

DRS Technologies Inc., a Finmeccanica Company, announced today a contract award to design and produce a Hybrid Electric Drive propulsion system for the Republic of Korea Navy’s future Incheon-class multipurpose frigate known as FFX Batch II. The contract, valued at more than $9 million USD, was awarded to DRS’s Maritime and Combat Support Systems group…

Full Story »

0
comments
Business

Boeing Military Aircraft announces leadership appointments

Posted March 24, 2014 by

Boeing March 21 named four executives to new leadership positions in its Boeing Military Aircraft business unit. The appointments will be effective April 1, 2014. David Koopersmith is named vice president and general manager for Vertical Lift. Koopersmith, currently vice president of Attack Helicopter Programs, AH-64 Apache and AH-6 program manager and senior site executive…

Full Story »

0
comments
Business

Boeing, South Africa’s Comair Limited announce order for eight 737 MAXs

Posted March 24, 2014 by

Boeing and Comair Limited announced an order March 19 for eight 737 MAX 8s, valued at $830 million at list prices. It is the first 737 MAX order announcement for an African operator. The order was booked in December 2013 and was previously unidentified on the Boeing Orders & Deliveries website. “We’re proud to be…

Full Story »

Boeing photograph
0
comments
Business

Boeing Phantom Swift selected for DARPA X-plane competition

Posted March 19, 2014 by

Boeing photograph Phantom Swift, a prototype Boeing initially built in less than a month, has been accepted to be part of the Defense Advanced Research Project Agency Vertical Takeoff and Landing X-plane program. DARPA is trying to mature a new aircraft configuration capable of both efficient hover and high-speed cruise. Phantom Swift, a prototype Boeing…

Full Story »

Air Force photograph
0
comments
Business

Luke Air Force Base receives first F-35A Lightning II

Posted March 17, 2014 by

Air Force photograph Undersecretary of the Air Force, Eric Fanning, delivers the keynote speech to more than 600 people at the F-35 arrival ceremony at Luke Air Force Base on March 14, 2014.  The first Lockheed Martin F-35 Lightning II assigned to the 56th Fighter Wing was officially delivered during a ceremony attended by dignitaries…

Full Story »

0
comments
Business

U.S. Air Force declares initial operational capability for Sniper ATP-SE

Posted March 17, 2014 by

The U.S. Air Force has declared initial operational capability for Lockheed Martinís SniperÆ Advanced Targeting Pod – Sensor Enhancement and has now deployed the system to support combat operations in theater. An enhanced configuration of Sniper ATP, Sniper ATP-SE provides U.S. Air Force strike fighter and bomber aircraft with advanced modes for non-traditional intelligence, surveillance…

Full Story »

LM-Korea
0
comments
Business

Lockheed Martin to maintain reconnaissance aircraft systems for Republic of Korea

Posted March 17, 2014 by

The U.S. Air Force Life Cycle Management Center awarded Lockheed Martin a foreign military sales contract to support the Republic of Koreaís Peace Krypton reconnaissance aircraft system. This contract is valued at approximately $9 million. Lockheed Martin has been providing sustainment engineering and logistics support to the Republic of Korea since 1996, the year that…

Full Story »

0
comments
Business

Lockheed Martin earns three Manufacturing Leadership Awards

Posted March 17, 2014 by

Lockheed Martin has been recognized with three 2014 Manufacturing Leadership Awards recognizing achievements in advanced manufacturing, environmentally friendly practices and customer relationships. The ML Awards are administered by the Manufacturing Leadership Council, Frost & Sullivan ñ a global business leadership network. Were honored to receive this recognition for our focus on delivering quality products with…

Full Story »


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