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June 3, 2014
10:17 EDTLMTLockheed receives contract for MK 41 Vertical Launching System
The U.S. Navy recently awarded Lockheed Martin a contract to provide engineering design services for the MK 41 Vertical Launching System that helps protect the fleet from numerous naval warfare threats. This $10M cost-plus-fixed-fee contract includes options, which if exercised would bring the total contract value to $182M. This contract combines purchases for the U.S. Navy and eight allied navies under the Foreign Military Sales program. Included in the work is missile integration, software development, integration of VLS into new ships, technical refresh, systems engineering and life cycle support for MK 41 VLS. These services will also be done on the U.S. Navy's Ticonderoga-class cruisers and Arleigh Burke-class guided missile destroyers. The work will be performed at Lockheed Martin's locations in Baltimore, Maryland, and Ventura, California.
News For LMT From The Last 14 Days
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February 11, 2016
17:47 EDTLMTLockheed Martin awarded $141.94M government contract
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08:31 EDTLMTORBCOMM says Lockheed Martin selects iApp platform
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06:13 EDTLMTPentagon sees reaching $15B F-35 pact with Lockheed in March, Reuters says
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February 4, 2016
13:40 EDTLMTAirbus: Still in talks with Poland over helicopter deliveries, Reuters reports
Airbus' (EADSY) helicopter unit said that discussions with Poland's economy ministry were continuing on the delivery of 50 helicopters for Poland's army, Reuters reports. Rzeczpospolita reported that Poland abandoned the $3B deal and agreed with the French defense ministry that it would purchase just "several" helicopter from Airbus, the report says. Poland has also initiated negotations with Lockheed Martin's (LMT) Skikorsky, the report says, citing Rzeczpospolita. Reference Link
06:22 EDTLMTPrivate space companies schedule jump in launches in 2016, Reuters says
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February 3, 2016
06:18 EDTLMTPentagon plans to increase funding for Raytheon, Lockheed missiles, Reuters says
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05:21 EDTLMTLockheed Martin awarded JCSAT-17 satellite contract from SKY Perfect JSAT
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February 1, 2016
10:06 EDTLMTLockheed Martin and Duke Energy sign 17-year energy agreement
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