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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.
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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