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The U.S. Department of Defense and Lockheed Martin have finalized an $11.5 billion contract for the production and delivery of 141 F-35 aircraft at the lowest per aircraft price in program history. The 11th Low Rate Initial Production (LRIP 11) agreement funds 91 aircraft for the U.S. Services, 28 for F-35 International Partners and 22 for F-35 Foreign Military Sales customers. Deliveries will begin in 2019.
The Raytheon Company and Dynetics are both developing laser weapon prototypes that will utilize 100 kW class laser weapons. One of the prototypes will be tested by the Army in 2022. Each company received $10 million from the U.S. Army recently, to build a High Energy Laser Tactical Vehicle Demonstrator (HEL TVD) prototype based on the Army Oshkosh tactical FMTV truck.
Lockheed Martin received a $413.8 million contract from the U.S. Air Force for Lot 15 production of the Joint Air-to-Surface Standoff Missile (JASSM)-Extended Range (ER) version. The production lot that includes 360 JASSM-ER missiles, brings the total JASSM-ER missiles under contract to 910, and to more than 3,000 missiles for JASSM and JASSM-ER combined.
The U.S. Air Force authorized extending BY 50 percent the service life of the Lockheed Martin F-16 enabling operators of the Fighting Falcon to safely fly Block 40-52 aircraft to 2048 and beyond
Lockheed Martin has successfully launched today the WorldView-4 commercial remote sensing spacecraft for DigitalGlobe, Inc. The satellite orbits Earth every 90 minutes, traveling 17,000 miles per hour, providing the world's highest-resolution 30 cm commercial satellite imagery, capturing as much as 680,000 square kilometers of the Earth's surface daily.
Lockheed Martin and Daewoo Shipbuilding & Marine Engineering (DSME) have signed a comprehensive teaming agreement to partner on the Multi-mission Combat Ship (MCS), which is based on a DSME hull design and intended for the corvette market.
Lockheed Martin announced today that it will offer the T-50A in the U.S. Air Force's T-X Advanced Pilot Training (APT). The T-50A is the US designation reserved for the Korean T-50 Golden Eagle. The US Air Force plans to acquire 350 advanced trainers, to replace the +50 year old T-38 Talon in service.
The US Missile Defense Agency (MDA) has completed three major missile defense tests this week, a closing accord for an ambitious test plan this year. Two tests performed earlier today included a successful exo-atmospheric intercept test of the Arrow 3 interceptor, and first intercept mission of the Land-Based Standard Missile SM-3 Block IB launched from a land-based site. A third test conducted earlier this week tested the latest, most advanced variant of Standard Missile 3 series, the US-Japanese SM-3 Block IIA.
Lockheed Martin Corp has agreed to buy United Technologies Corp's (UTC) Sikorsky Aircraft for over $8 billion, US news agency Reuters reported on Sunday. Such a deal would enhance Lockheed Martin's dominance in the aerospace market, while adding a civil element to its defense-oriented portfolio.
Two industry groups are proposing business aircraft platforms as an alternative for the US Air Force JSTARS replacement. The Air Force is planning to retire the existing Boeing 707-based E-8Cs from 2025-2026 and is expecting to have at least four of the new planes in production by 2023.
The German Federal Ministry of Defence has chosen the Medium Extended Air Defense System (MEADS) as the basis for Taktisches Luftverteidigungssystem (TLVS), a next-generation network-based tactical air- and missile-defense system. It will replace the Patriot air defense systems initially fielded in the 1980s.
Lockheed Martin unveiled today a family of small unmanned aerial vehicle, part of the line of Small UAS line. The mini-drone dubbed 'Vector Hawk'...
The U.S. Army Tank-Automotive Research, Development and Engineering Center (TARDEC) and Lockheed Martin have demonstrated the ability of fully autonomous convoys to operate in...
Lockheed Martin has developed a cyber security solution that allows intelligence to be securely shared among personnel working at all security levels - from...