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News Breaks | | | | January 17, 2013 | | 09:32 EDT |  | LMT | Lockheed Martin receives $90.6M U.S. Army Apache M-TADS/PNVS contract
Lockheed Martin has received a $90.6M Performance Based Logistics, or PBL, contract from the U.S. Army for sustainment of the Modernized Target Acquisition Designation Sight/Pilot Night Vision Sensor, or M-TADS/PNVS, system. The firm, fixed price contract provides a comprehensive sustainment solution that enables mission readiness, reduces operation and support costs, and drives reliability and maintainability improvements. This is the first of three options under the $111M PBL contract awarded in 2012. The total four-year contract value is $375M. M-TADS/PNVS is the advanced electro-optical fire control system that Apache helicopter pilots use for safe flight in day, night or bad weather missions. It provides Apache pilots with long-range precision engagement and flying capabilities. | |
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News For LMT From The Last 14 Days Check below for free stories on LMT the last two weeks. |
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| May 24, 2013 | | 08:11 EDT |  | LMT | Pentagon estimates Lockheed Martin's F-35 fighter costs decline, Bloomberg says
 Subscribe for More Information | | | May 20, 2013 | | 17:14 EDT | | LMT | Lockheed Martin awarded $29.73M government contract modification
Lockheed Martin was awarded a sole-source, cost-plus-incentive-fee/cost-plus-award-fee contract modification. The value of this contract modification is $29.73M, increasing the total contract value from $1.41B to $1.44B. Under this modification, the contractor shall provide system engineering and program management services in accordance with established Aegis system engineering practices for the post certification support of Aegis Ballistic Missile Defense baselines 4.0.X, 5.0 and 5.0 capability upgrade. Work is expected to be completed Dec. 31, 2014. | | | 17:10 EDT | | LMT | Lockheed Martin awarded $111.51M U.S. Navy contract
Subscribe for More Information | | | May 15, 2013 | | 07:12 EDT | | LMT | Lockheed CEO sees sequester raising F35 costs, FT reports
Subscribe for More Information | | | May 13, 2013 | | 11:29 EDT | | LMT | Pentagon contracts tumbled in April, Washington Post says
Subscribe for More Information | | | 07:30 EDT |  | LMT | TechConnect to host a summit
2013 National Innovation Summit is being held in Washington, D.C. on May 12-16. | |
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