News That Matters

Tag: awarded

Lockheed Martin awarded $368.2M to build six F-35s for Italy

Lockheed Martin awarded $368.2M to build six F-35s for Italy

Business
June 12 (UPI) -- Lockheed Martin received a $ 368.2 million contract to build six F-35 fighter planes for the Italian defense ministry, the Pentagon announced. Italy will receive five F-35As and one F-35B by 2023, according to a statement from the Defense Department on Thursday. Advertisement Italy currently has 15 F-35s in service, with plans to acquire 60 more. Lockheed Martin's facility at Cameri Air Base will undertake the new plane's final assembly and checkout. The purchase has been a recent source of contention in Italian politics. In the past year, the minority FiveStar Party has sought a temporary halt to new acquisitions, a call amplified by the costs of dealing with the COVID-19 pandemic. On May 28, Defense Minister Lorenzo Guerini confirmed that the purchases will continue. La...
Northrop Grumman awarded $123.5M to integrate Navy LAIRCM system

Northrop Grumman awarded $123.5M to integrate Navy LAIRCM system

Business
May 1 (UPI) -- Northrop Grumman received a $ 123.5 million contract modification Friday to integrate the Department of Navy Large Aircraft Infrared Countermeasures system onto aircraft for the U.S. military and two allied governments. The deal funds integration of the DON LAIRCM system onto aircraft for the Navy, Army and Air Force, as well as the governments of Norway and New Zealand. The DON LAIRCM system, a variant of the Air Force's LAIRCM system, is a defensive system for aircraft designed to defend against surface-to-air infrared missile threats. It combines two-color infrared missile warning sensors -- which detect oncoming missile threats and send information to the processor, which then notifies the crew -- with the Guardian Laser Transmitter Assembly. In May 2019 Northrop Grumm...
Lockheed awarded $14.9M for work on F-35s for Navy, Air Force, partners

Lockheed awarded $14.9M for work on F-35s for Navy, Air Force, partners

Business
April 10 (UPI) -- Lockheed Martin was awarded a $ 14.9 million contract modification Friday for work on the F-35 for the the Navy, Air Force and some non-Pentagon participants, according to the Department of Defense. The deal modifies a contract originally awarded in 2018 and funds repair capability for the hydraulic power generation system under low rate initial production Lot 11 F-35s. In November Lockheed was awarded $ 184.5 million to establish organic depot level repair capabilities for the F-35 aircraft under a previously awarded low-rate initial production Lot 11 contract. Work on the contract will primarily be performed in Fort Worth, Texas, and Wolverhampton, Britain. Let's block ads! (Why?) Business News - UPI.com
GE awarded $51.5M to provide Super Hornet engines

GE awarded $51.5M to provide Super Hornet engines

Business
April 7 (UPI) -- General Electric was awarded a $ 51.5 million contract to procure engines and other parts for the Navy F/A-18 Super Hornet fighter aircraft, the Pentagon announced Tuesday. The deal modifies an earlier contract awarded in 2018 and funds the procurement of eight GE F414-400 spare engines, 11 afterburner modules and 12 low pressure turbine modules for the Super Hornet, which is made by Boeing. The Super Hornet is a twin-engine multirole fighter used by the United States and Australia. The first operational Super Hornet squadron was formed in June 2001. More than half the work on the deal will be performed at GE's worksite in Lynn, Mass., with other parts of the project being carried out at various U.S. campuses. In February Boeing delivered the first F/A-18 Super Hornet up...
BAE awarded $2003.M to modernize USS Boxer

BAE awarded $2003.M to modernize USS Boxer

Business
March 27 (UPI) -- BAE Systems was awarded a $ 200.3 million contract for work on the USS Boxer during its docking and selected restricted availability. The deal funds maintenance modernization and repair of the USS Boxer, a Wasp-class amphibious ship launched in 1993 and commissioned in 1995. The Boxer made headlines earlier this month amid news that a sailor assigned to the vessel had tested positive for the novel coronavirus. The ship also shot down an Iranian drone in the Strait of Hormuz in July. Work on the contract is expected to be completed by July. Let's block ads! (Why?) Business News - UPI.com