Lockheed Martin and the North Atlantic Treaty Organization (NATO) Support and Procurement Agency (NSPA) have signed a five-year agreement for the agency to purchase Enhanced Laser Guided Training Rounds (ELGTRs) on behalf of member countries.
The follow-on agreement is in effect through 2021 and provides for the purchase of up to 3,000 ELGTRs a year for the next five years, the company said in a statement Wednesday.
"Lockheed Martin’s partnership with NSPA will provide NATO member countries with live-fire training for employment of Paveway II Laser Guided Bombs," said Jason Golden, ELGTR program manager at Lockheed Martin Missiles and Fire Control.
Lockheed Martin has produced more than 160,000 advanced training rounds for the U.S. Navy, Marine Corps and international customers. ELGTR is compatible with F-16, F/A-18, AV-8B and other international aircraft platforms.
Korea Aerospace Industries (KAI) is considering ways to cut costs to make its T-50A aircraft competitive in the United States Air Force (USAF) trainer jet competition, said the new chief of Korea Aerospace Industries on Friday. At a press conference held at KAIs headquarters in the Korean city of Sacheon, the companys new President and CEO Kim Jo-won said KAI is seeking ways to adjust the unit price of the T-50 advanced trainer jet at the request of its US partner Lockheed Martin
Lockheed Martin has won $102 million modification contract to exercise options for the procurement of technical insertion (TI)-16 Acoustic Rapid Commercial Off-the-Shelf Insertion (A-RCI) systems. The contract also includes pre-cable kits, and A-RCI sonar engineering services
Poland, Germany and Sweden have shown interest in Patriot Advanced Capability-3 (PAC-3) Missile Segment Enhancement (MSE) missiles, Lockheed Martin has said. The PAC-3 MSE missile continues to receive strong interest from Poland, Germany and Sweden
Lockheed Martin's Autonomous Mobility Applique System (AMAS) logged more than 55,000 testing miles during the U.S
Lockheed Martin has won a $71.6 million worth US Navy contract for Trident II rident II (D5) missile deployed system support, the Department of defense announced Wednesday
The US Navy awarded Lockheed Martin a $150 million contract, with options worth up to $942.8 million, for the development, manufacture and delivery of two high power laser weapon systems, by fiscal year 2020
Israels Ambassador to the European Union (EU) and NATO Aharon Leshno-Yaar this week signed a logistics agreement with the NATO Support and Procurement Agency (NSPA). The agreement enables Israeli companies to compete in NATO tenders and be part of NATO's database of authorized exporters – in cyber, optics, defense, and software sectors
Lockheed Martin has been awarded a $961 million contract for sustainment, modernization and development. Work is expected to be completed by Dec
Lockheed Martin plans to reduce per unit cost of F-35 fighter jet to $80 million by 2020. With the incorporation of lessons learned, process efficiencies, production automation, facility and tooling upgrades, supply chain initiatives and more – the F-35 enterprise has already significantly reduced costs and improved efficiency, the company said in a statement Monday
Lockheed Martin has test fired production-configuration Long Range Anti-Ship Missiles (LRASM) from a US Air Force B-1B bomber. During the test over the Sea Range at Point Mugu, California, B-1B aircrew simultaneously launched two LRASMs against multiple maritime targets, meeting the primary test objectives, including target impact, the company said in a statement Wednesday
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