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News Breaks
September 26, 2012
09:07 EDTTSYS, NOC, LMTTCS, Northrop, Lockheed to partner on LCT satellite terminals
TeleCommunication Systems (TSYS), Northrop Grumman (NOC) and Lockheed Martin (LMT) announced that they have teamed to produce affordable satellite terminals for protected communications on the move and at the halt. The Low Cost Terminal, or LCT, solution addresses the military's need for lower cost technologies and systems to enable protected and secure communications for tactical warfighters in theater. The three companies are operating under a collaborative agreement signed earlier this year for TCS to manufacture, market and sell LCT products under license from Northrop Grumman and Lockheed Martin.
News For TSYS;NOC;LMT From The Last 14 Days
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September 18, 2014
17:20 EDTLMTLockheed Martin awarded $117.77M government contract modification
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08:09 EDTLMTLockheed Martin awarded $18M maintenance contract by U.S. Marine Corps
Lockheed Martin has been awarded a contract for maintenance of the battle command system used by the Marines to manage and monitor airborne platforms, including fighters, bombers, tankers, unmanned aerial vehicles, and helicopters. Under a contract worth approximately $18M, Lockheed Martin will upgrade and sustain the USMC's Virtualized Theater Battle Management Core Systems.
September 17, 2014
18:13 EDTLMTBoeing, Lockheed Martin to team with Bezos firm on rocket engine, WSJ reports
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07:57 EDTLMTSenate Finance Committee to hold a hearing
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September 16, 2014
17:22 EDTLMTUnited Launch Services awarded $938.37M government contract modification
United Launch Services, a 50-50 joint venture owned by Lockheed Martin (LMT) and Boeing (BA), has been awarded a $938.37M modification to previously awarded FA8811-13-C-0003 cost-plus-incentive-fee contract for FY15 EELV launch capability for the Delta IV and Atlas V families of launch vehicles. This contract provides for mission assurance, program management, systems engineering, integration of the space vehicle with the launch vehicle, launch site and range operations, and launch infrastructure maintenance and sustainment. Work will be performed at Littleton, Colorado; Vandenberg Air Force Base, California; and Cape Canaveral Air Station, Florida, with an expected completion date of Sept. 30, 2015.
11:57 EDTLMTPentagon to most likely approve Musk's Falcon rockets, WSJ says
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09:04 EDTLMTLockheed Martin's meteorological satellite accepted for operations by USSTRATCOM
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07:15 EDTLMTPratt expects upcoming F-35 agreements to reduce espenses, Reuters says
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06:34 EDTLMTBoeing, Lockheed ally with Amazon CEO on rocket engine, Reuters says
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06:29 EDTLMT, NOCPratt & Whitney close to engine supply deal with Pentagon, WSJ reports
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September 15, 2014
11:01 EDTNOCNorthrop Grumman awarded $354M contract from U.S. Air Force
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10:34 EDTLMTLockheed exec says company created Israel division, WSJ says
Lockheed Martin's vice president of research and technology, Haden Land. said that the company created a technology-focused Israeli division in an effort to be granted new defense projects in the country, according to The Wall Street Journal, citing comments from Land. Reference Link
10:29 EDTLMTLockheed, Advanced Electronics establish Saudi Arabia facility
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08:20 EDTNOCGeorgetown University Law Center holds a discussion
Panel discussion entitled, "Arbitration in Brazil: Implications for Transnational Business" with Ken Reiss, Corporate Counsel at Northrop Grumman and Walter Regina, General Counsel for Latin America at John Deere is being held in Washington, D.C. on September 15 at 9 am.
07:22 EDTLMT, NOCAir Force Association to hold a conference
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September 12, 2014
17:44 EDTLMT, NOCBAE Systems, others collectively awarded $5.04B government contract
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12:01 EDTNOCTwo F/A-18C Hornet fighters crash in Pacific Ocean, WSJ says
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September 11, 2014
17:26 EDTLMTLockheed Martin awarded $147.49M government contract
Lockheed Martin is being awarded a not-to-exceed $147.49M firm-fixed-price, cost-plus-fixed fee, and cost-type-letter contract for low rate initial production and fielding of Surface Electronic Warfare Improvement Program, or SEWIP, Block 2 systems. SEWIP is an evolutionary acquisition and incremental development program which upgrades existing out-of-production AN/SLQ-32V electronic warfare systems by providing improved electronic support receivers and combat system interface. This contract includes options, which, if exercised, would bring the cumulative value to $158.79M. Work is expected to be completed by September 2017.
08:02 EDTTSYSTeleCommunication Systems awarded $13.7M contract by U.S. Marines Corps
TeleCommunication Systems announced that the Defense Information Systems Agency has exercised the first option year period under which TCS will continue to provide Ku satellite bandwidth, terrestrial support and 24-hour support services for the U.S. Marine Corps' Tactical Satellite Communications Network. The additional $13.7M funding covers the first option year term, for the period from August 1, 2014 through July 31, 2015. The CS2 contract has a base term of three years, ending August 2015 with two subsequent one-year option terms.
September 10, 2014
09:02 EDTNOCNorthrop Grumman awarded $11.9M contract by DARPA
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