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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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August 20, 2014
17:21 EDTNOCBAE Systems, General Dynamics, three others awarded $2.53B government contract
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14:07 EDTLMTAstrotech Corporation to sell assets of Astrotech Space Operations business unit
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August 18, 2014
09:31 EDTLMTLockheed Martin receives contract from US Navy to test FROTIS exoskeletons
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August 15, 2014
18:06 EDTLMTLockheed Martin awarded $232.8M government contract modification
Lockheed Martin Corp., Lockheed Martin Aeronautics Co., Fort Worth, Texas, is being awarded a $232,794,734 cost-plus-incentive-fee modification to the previously awarded F-35 Lightning II Low Rate Initial Production Lot VI contract. This modification provides for non-recurring sustainment activities, to include procurement of 19 training devices and 69 items of complex support equipment. Work is expected to be completed in June 2017. Fiscal 2012 aircraft procurement funds and international partner funds in the amount of $232,794,734 will be obligated at time of award, $190,999,120 of which will expire at the end of the current fiscal year. The Naval Air Systems Command, Patuxent River, Maryland, is the contracting activity
18:05 EDTNOCNorthrop Grumman awarded $240.7M government contract modification
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10:01 EDTNOCNorthrop Grumman selected by US Army to modernize Black Hawk cockpit
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August 14, 2014
10:01 EDTLMTGD C4 Systems SATCOM Technologies receives contract from Lockheed
General Dynamics (GD) C4 Systems SATCOM Technologies received a contract from Lockheed Martin (LMT) to design and build the ground structures and integrate the mechanical systems for the U.S. Air Force Space Fence program. The new advanced ground-based radar system will enhance the way the U.S. detects and tracks more than 100K orbiting objects in space and increase the ability to prevent space-based collisions. The improved situational awareness will help protect space-based assets like the International Space Station from potential collisions that could severely damage, disable or destroy it. Construction of the Space Fence ground system will begin mid-2015 on the Kwajalein Atoll in the Republic of the Marshall Islands. The U.S. Air Force contract value awarded to Lockheed Martin is greater than $910M.
August 13, 2014
10:01 EDTNOCNorthrop Grumman awarded $300M contract
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09:06 EDTNOCNorthrop Grumman's Remotec awarded $8.8M U.S. Navy contract
Northrop Grumman subsidiary Remotec has been awarded an $8.8M contract by the U.S. Navy to repair and upgrade 103 MK3 Series Remote Ordnance Neutralizations Systems, increasing the capabilities and availability of the explosive ordnance disposal robots. The Naval Surface Warfare Center, Indian Head Explosive Ordnance Disposal Technology Division, Indian Head, Maryland, awarded Remotec a sole-source, indefinite delivery, indefinite quantity contract (which has a potential value of more than $12M if contract options are exercised.
08:08 EDTTSYSTeleCommunication Systems receives U.S. Army order for $10M in 3T systems
TeleCommunication Systems has received a delivery order from the U.S. Army for equipment and maintenance of Tactical Transportable Troposcatter, or 3T, Systems. The initial funded value is $5.3M for the period from August 2014 through February 2016, and the ceiling contract value, including funded and unfunded amounts, is nearly $10M.
August 12, 2014
11:01 EDTNOCNorthrop awarded $3M contract from Johns Hopkins University APL
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09:22 EDTLMTLockheed Martin names Brian Colan as Chief Accounting Officer
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08:03 EDTTSYSTeleCommunication Systems selected as channel partner by O3b Networks
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August 11, 2014
06:54 EDTTSYSJefferies to hold a conference
2014 Global Industrials Conference to be held in New York on August 11-14.
06:50 EDTNOC, LMTJason Communications to sponsor a symposium
17th Annual Space and Missile Defense Symposium to be held in Huntsville, Alabama on August 11-14.
August 8, 2014
18:02 EDTLMTLockheed Martin awarded $193.6M government contract modification
Lockheed Martin Mission Systems and Training, Moorestown, New Jersey, has been awarded a $193,610,317 modification to previously awarded contract number HQ0276-10-C-0001 for procurement of necessary material, equipment, and supplies to conduct the technical engineering to define, develop, integrate and test Aegis Ballistic Missile Defense 4.1 and 5.0 Capability Upgrade baselines through their respective certifications. This modification brings the total cumulative face value of the contract to $2,002,542,722 from $1,808,932,405. Work will be performed at Moorestown, New Jersey, with an expected completion date of May 31, 2016. Fiscal 2014 research, development, test and evaluation funds in the amount of $19,500,000 are being obligated at time of award. The Missile Defense Agency, Dahlgren, Virginia, is the contracting activity.
August 7, 2014
17:41 EDTLMTLockheed Martin awarded $124.6M government contract
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