Lockheed Martin has won a $1.15 billion contract from the US Navy for services related to the F-35 Lightning II aircraft.
Services to be provided include ground maintenance activities, action request resolution, depot activation activities, Automatic Logistics Information System operation and maintenance; reliability, maintainability and health management implementation and support; supply chain management; and activities to provide and support pilot and maintainer initial training, the US Department of Defense said in a statement Monday.
Work is expected to be completed in December 2022.
Lockheed Martin has won a $362.7 million contract to supply the US Army with Multiple Launch Rocket Systems (MLRS)
Lockheed Martin inaugurated its new F-16 production line in Greenville, South Carolina shifting F-16 tooling and equipment previously in Fort Worth,Texas which will be used for assembling the F-35. Lockheed had previously offered to shift the production line to India if it ordered over 100 F-16 jets and make it a manufacturing base for the F-16s global supply chain
Lockheed Martin has won a $20 million US Navy contract to provide engineering and technical services for AN/BLQ-10 submarine electronic warfare systems. The AN/BLQ-10 submarine electronic warfare system processes radar signals through masts and periscopes to detect threats such as counter detection, collision and target locations
The worlds most expensive weapons program, development of the Lockheed Martin fifth-generation F-35 fighter is estimated to cost $22 billion more, according to a report published by Bloomberg. The estimated total price for research and procurement has increased by $22 billion in current dollars adjusted for inflation, according to the Pentagons latest annual cost assessment of major projects
A sixth generation fighter could have a laser weapon and drone swarm control, a Lockheed Martin executive said giving a glimpse of a future jet his company could possibly develop. The company showcased High Energy Laser and Integrated Optical-dazzler and Surveillance (HELIOS) electronic warfare system on Wednesday
AERALIS is developing a new generation of fighter jet pilot training aircraft and flying training system for lease to reduce costs. The AERALIS suite of jet trainers will have 85% commonality of parts allowing for cost savings over purchasing more traditional aircraft, the company said in a statement Wednesday
Boeing and Lockheed Martin have won separate deals worth over $70 million combined to support Hellfire-missile mounted AH-64 Apache helicopters meant for Saudi Arabia, Pentagon announced Monday. Boeing has been awarded a $39
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