December 14, 2024 | International, Aerospace
The aircraft will be built in the United States rather than license-produced in Japan.
November 8, 2023 | International, Naval
The Navy fleet is experimenting with launching and recovering medium UUVs from submarines, even as a formal acquisition effort is still ongoing.
October 25, 2019 | International, Land
Valley Forge, Pa., Oct. 23, 2019 /PRNewswire/ -- The US Air Force has awarded Lockheed Martin (NYSE: LMT) a $108 million contract for the Mark21A Reentry Vehicle (Mk21A) Technology Maturation and Risk Reduction (TMRR) contract. The potential value of the contract is estimated at $138 million: $108 million awarded in the three-year contract and $30 million as a potential one-year contract. "It is essential that Lockheed Martin continue our long-standing ICBM partnership with the Air Force to provide them with advanced solutions. We will continue to demonstrate, through this TMRR, cutting-edge engineering to defeat rogue nation threats," said John Snyder, vice president of Advanced Strategic Programs for Lockheed Martin. Lockheed Martin will work closely with the Air Force and the National Nuclear Security Administration to provide a technically low risk and affordable solution to modify existing Mk21 reentry vehicles with the capability to deliver the W87-1 Warhead for the Ground Based Strategic Deterrent Weapon System. The Mk21A TMRR contract is a key element of Lockheed Martin's strategy to remain the Air Force's trusted partner for ICBM Reentry Systems and modernization of the deterrent triad. For additional information, visit our website: www.lockheedmartin.com/icbm About Lockheed Martin Headquartered in Bethesda, Maryland, Lockheed Martin is a global security and aerospace company that employs approximately 105,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. SOURCE Lockheed Martin View source version on Lockheed Martin: https://news.lockheedmartin.com/2019-10-23-Lockheed-Martin-Awarded-Air-Force-ICBM-Contract
April 14, 2020 | International, C4ISR
Melville, N.Y.--(BUSINESS WIRE)--April 7, 2020--Comtech Telecommunications Corp. (NASDAQ: CMTL) announced today that its Mission-Critical Technologies group, which is part of Comtech's Government Solutions segment, received an order consisting of additional funding of $9.1 million (of which $7.7 million was in the third quarter), on the previously announced three-year $124.2 million contract to provide ongoing sustainment services for the AN/TSC-198A SNAP (Secret Internet Protocol Router (“SIPR”) and Non-classified Internet Protocol Router (“NIPR”) Access Point), and baseband equipment. SNAP terminals provide quick and mobile satellite communications capabilities to personnel in the field. The contract has been funded $87.0 million to date. “More than ever, it is important that our U.S. Army customer has access to reliable advanced communications equipment and we look forward to providing additional essential equipment and services under our contract in future periods,” said Fred Kornberg, Chairman of the Board and Chief Executive Officer of Comtech Telecommunications Corp. The Mission-Critical Technologies group is focused on ensuring its customers are able to successfully carry out their mission, whether that be communicating in an austere environment on land or at sea, launching or tracking a satellite, or protecting the cyber security posture of their network. Comtech Telecommunications Corp. designs, develops, produces and markets innovative products, systems and services for advanced communications solutions. The Company sells products to a diverse customer base in the global commercial and government communications markets. Certain information in this press release contains statements that are forward-looking in nature and involve certain significant risks and uncertainties. Actual results could differ materially from such forward-looking information. The Company's Securities and Exchange Commission filings identify many such risks and uncertainties. Any forward-looking information in this press release is qualified in its entirety by the risks and uncertainties described in such Securities and Exchange Commission filings. View source version on businesswire.com: https://www.businesswire.com/news/home/20200407005224/en/ Michael D. Porcelain, President and Chief Operating Officer 631-962-7000 info@comtechtel.com Source: Comtech Telecommunications Corp. View source version on Comtech Telecommunications Corp.: http://www.comtechtel.com/news-releases/news-release-details/comtech-telecommunications-corp-receives-91-million-order-us