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Tag: Lockheed

Lockheed Martin to upgrade special operations C-130 aircraft

Lockheed Martin to upgrade special operations C-130 aircraft

Business
April 17 (UPI) -- Lockheed Martin was awarded a contract for upgrades on special operations C-130 fixed wing aircraft, along with engineering and support services.The deal, announced Monday by the Department of Defense, is potentially valued at $ 18 million under the terms of a indefinite-delivery, indefinite-quantity with firm-fixed-price and cost-plus-fixed-fee agreements on varies line items.Known officially as the MC-130H Combat Talon II, the contract enables Lockheed Martin to provide "operational flight program upgrades" on the aircraft, in addition to, "systems engineering and integration support activities encompassing multiple third-party systems sources," according to a Defense Department contract announcement.Work on the contract will occur in Marietta, Ga., and is expected to b...
Lockheed tapped for ship repair support on Fitzgerald

Lockheed tapped for ship repair support on Fitzgerald

Business
April 13 (UPI) -- Lockheed Martin was awarded a contract from the U.S. Navy for continued repair service support on the USS Fitzgerald and to deliver five upgraded systems for ballistic missile defense.The deal, announced Thursday by the Department of Defense, is valued at more than $ 68.5 million under the terms of a firm-fixed price contract, which is a modification to a previous award.The agreement enables Lockheed Martin to provide additional support in the restoration of the USS Fitzgerald, a guided missile destroyer that collided with a container ship offshore Japan in June 2017. Seven U.S. sailors were killed.Additionally, the contract calls for the manufacture and delivery of five upgraded AN/SPY-1D(V) phased arrays for the purpose of enhancing in-service ballistic missile defense ...
Navy awards Lockheed $481M for F-35 spare parts

Navy awards Lockheed $481M for F-35 spare parts

Business
March 16 (UPI) -- Lockheed Martin has secured an additional $ 481 million from the U.S. Navy's Naval Air Systems Command for the procurement of spare parts in support of F-35 Lightning II production efforts, the second contract the company has been awarded this week related to the F-35.The new cost-plus-fixed fee delivery order, announced Thursday by the Department of Defense, amends a previously issued basic ordering agreement for the F-35 for the Air Force, Marine Corps, Navy, non-DoD participants and foreign military sales customers.The work, which is expected to be completed by June 2022, will be performed in Fort Worth, Texas, El Segundo, Calif., Orlando, Fla.,Nashua, N.H., Baltimore, Md., Warton, Britain, and Nagoya, Japan.The Naval Air Systems Command, Patuxent River, Maryland, is t...
Lockheed Martin delivers first of 3 radars to Latvian military

Lockheed Martin delivers first of 3 radars to Latvian military

Business
March 12 (UPI) -- Lockheed Martin has delivered the first of three radars to Latvia, the company said Monday, calling it "a major step forward in strengthening [the country's] national defense."The TPS-77 Multi-Role Radar, purchased for an undisclosed cost in a 2015 contract, recently completed an on-site acceptance test and will increase the Latvian air force's capacity for low-level flight surveillance and identification, Lockheed Martin said. The company said it has worked with the NATO country on its radar systems for the last 16 years.The radar, which can be easily transported and mounted on a truck, can toggle between multiple missions at once by automatically adjusting during each 360-degree scan.Lockheed Martin added that the TPS-77 MRR uses less power than its predecessors, increa...
Raytheon, Lockheed to sell Javelins to multiple foreign customers

Raytheon, Lockheed to sell Javelins to multiple foreign customers

Business
Feb. 23 (UPI) -- Raytheon and Lockheed Martin were awarded a contract under a foreign military sale for the delivery of Javelin weapon systems.The deal, announced Thursday by the Department of Defense, is valued at more than $ 94.8 million under a modified contract.The contract would provide the countries of France, Taiwan, Jordan, Qatar, Turkey and Lithuania with Javelin weapon systems, rounds, command launch systems and battery coolant unit spares, the Pentagon said.Work on the contract will occur in Tucson, Ariz., and is expected to be completed by August 2020.The total contract amount will be obligated to Raytheon and Lockheed Martin at the time of award from Army fiscal 2018 other procurement funds, the Pentagon said.Let's block ads! (Why?) Business News - UPI.com