Missile Defense Agency Increases Lockheed Martin’s Contract to $946 Million to Support Aegis System Equipped Vessel Program

Missile Defense Agency Increases Lockheed Martin’s Contract to $946 Million to Support Aegis System Equipped Vessel Program

"...Lockheed Martin Rotary and Mission Systems, Moorestown, New Jersey, is being awarded a $271,286,879 modification (P00038) to a previously awarded Contract, HQ085121C0001 under Foreign Military Sales (FMS) Case JA-P-NCO. This modification includes cost-plus-incentive-fee and cost-plus-fixed-fee contract line items. The total value of the contract is increased by $271,856,809, from $674,477,035 to $946,333,844. The purpose of this modification is to..."

Reference: clearancejobs.com .

US approves possible sale of Javelin missiles to Australia

US approves possible sale of Javelin missiles to Australia

" Australia has requested to buy up to 255 Javelin FGM-148F missiles. The prime US contractor will be the Javelin Joint Venture between defense contractors Lockheed Martin Corp and Raytheon Technologies Corp, the Pentagon said in a statement. Australia has been boosting its defense spending over the past few years as China looks to step up its presence in the Indo-Pacific region...."

Reference: www.gmanetwork.com .

Aegis Ballistic Missile Defense System Successfully Tracks Simulated Missile

Aegis Ballistic Missile Defense System Successfully Tracks Simulated Missile

"...The central component of the Lockheed Martin-developed Aegis BMD Combat System is the SPY-1 radar; the most widely-fielded naval phased array radar in the world. The Aegis system and SPY-1 radar provide the U.S. and allied nations with advanced surveillance, anti-air warfare and missile defense capabilities..."

Reference: www.prnewswire.com .

Lockheed Martin Receives $528 Million THAAD Missile-Defense Contract

Lockheed Martin Receives $528 Million THAAD Missile-Defense Contract

"...The Missile Defense Agency awarded Lockheed Martin (NYSE: LMT) a $528 million contract in December 2015 for production and delivery of interceptors for the Terminal High Altitude Area Defense (THAAD) system. The new interceptors will support a growing number of U.S. Army THAAD units. ..."

Reference: www.prnewswire.com .

Lockheed Martin (LMT) Announces Receipt of $1.5B U.S. Missile Defense Contract

Lockheed Martin (LMT) Announces Receipt of $1.5B U.S. Missile Defense Contract

"...The contract includes PAC-3 and PAC-3 MSE interceptor deliveries for the U.S. Army, and Foreign Military Sales of PAC-3 interceptors, associated equipment and spares for the Republic of Korea, the Kingdom of Saudi Arabia, Qatar, Taiwan and the United Arab Emirates..."

Reference: www.streetinsider.com .

United Arab Emirates Terminal High Altitude Area Defense (THAAD) modification to an existing contract

Lockheed Martin providing missile spare parts to United Arab Emirants

"...Lockheed Martin Corp., Missiles and Fire Control, Dallas, Texas, has been awarded an $11,090,210 firm-fixed-price modification to an existing contract for United Arab Emirates Terminal High Altitude Area Defense (THAAD) foreign military sales spares...."

Reference: www.magnoliareporter.com .

University of Alabama graduate appointed CEO of Lockheed Martin

University of Alabama grad appointed CEO of Lockheed Martin

Marillyn A. Hewson

"...The new CEO of global aerospace giant Lockheed Martin Corp. is a University of Alabama graduate two times over...."
Reference: al.com .

$2 billion U.S. missile interceptor deal for Lockheed Martin Corp

Lockheed wins $2 billion U.S. missile interceptor deal

"...Lockheed Martin Corp (LMT.N) has won a preliminary contract valued at up to $2.02 billion to build at least 42 interceptor missiles for the U.S. military's missile defense agency, the Pentagon said on Tuesday in its daily digest of major arms deals...."

Reference: www.reuters.com .

U.S. to sell $7 bln missile-defense system to the United Arab Emirates

U.S. to sell $7 bln missile-defense system to the United Arab Emirates
"...The main item, worth up to $7 billion, is the so-called Terminal High Altitude Area Defense, or THAAD, which is built by Lockheed Martin Corp with a system radar from Raytheon Co, and could be used for possible defense against Iran...."
Reference: www.reuters.com

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