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June 12, 2014
14:01 EDTLMTLockheed Martin awarded $109M contract from U.S. Air Force
Lockheed Martin received a contract from the U.S. Air Force with an initial value of $109M for sustainment of the reentry subsystem for the Minuteman III intercontinental ballistic missile. Lockheed Martin's work will include repair, modification and testing of hardware and software components in the reentry system-reentry vehicle subsystem, as well as related support equipment. The contract is part of the Air Force's Future ICBM Sustainment and Acquisition Construct, which is designed to ensure a safe, secure and reliable Minuteman III weapon system through 2030. The base period of performance for the RS-RV contract is one year, and with options for an additional four years, the total potential contract value is $452M. Lockheed Martin will perform work principally at Hill Air Force Base, where the ICBM System Program Office is located, and in King of Prussia, Pennsylvania.
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August 27, 2014
17:33 EDTLMTLockheed Martin awarded $122.22M government contract modification
Lockheed Martin is being awarded a $122.22M modification to a previously awarded F-35 Lightning II Low Rate Initial Production, or LRIP, Lot VI cost-plus incentive fee contract for the procurement of support equipment for the F-35 aircraft such as sensor covers, tool sets, vacuum clamp sets, and heat gun assemblies. Work is expected to be completed in November 2016. Fiscal 2012 aircraft procurement funds in the amount of $122.22M will be obligated at time of award, all of which will expire at the end of the current fiscal year.
August 25, 2014
18:03 EDTLMTLockheed Martin and Electro Optic Systems to develop space debris tracking site
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09:01 EDTLMTLockheed Martin buys Sun Catalytix assets, terms not disclosed
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August 22, 2014
07:16 EDTLMTLockheed, suppliers aim to cut F-35 expenses, Reuters says
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August 20, 2014
14:07 EDTLMTAstrotech Corporation to sell assets of Astrotech Space Operations business unit
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