October 22, 2024 | International, Land
The contract has a one-year base period of performance with four one-year option periods. The contract has a total value of $331 million if all options are exercised.
May 7, 2024 | International, Security
UK's National Crime Agency has unmasked the admin behind the prolific LockBit ransomware as 31-year-old Russian national Dmitry Khoroshev.
November 7, 2019 | International, Aerospace
FORT SILL, Okla., Nov. 7, 2019 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) recently demonstrated their laser weapon system for the U.S. Air Force at a government test range at Fort Sill, Oklahoma, where the system successfully engaged and shot down multiple fixed wing and rotary drones. The Advanced Test High Energy Asset (ATHENA) operated in a fully-netted engagement environment with a government command and control (C2) system and radar sensor. The radar track was provided to airmen who operated ATHENA via cues from the C2, then ATHENA's beam director slewed, acquired, tracked and defeated the drone with a high-energy laser. Validating this type of full kill-chain performance has been a priority of the U.S. Air Force and other branches of the Department of Defense, and it remains a requirement for laser weapons to be effective against unmanned aerial systems (UAS) on the battlefield. "We've watched in recent news this type of laser weapon solution is essential for deterring unmanned vehicle type threats, so it's an exciting time for us to watch airmen compete Lockheed Martin's critical technology. ATHENA has evolved to ensure integration and agility are key and it remains an affordable capability for the warfighter," said Sarah Reeves, vice president of Missile Defense Programs for Lockheed Martin. The ATHENA system was developed by Lockheed Martin to integrate seamlessly and provide a cost-effective, complementary anti-drone capability with the network of systems the warfighter is already using. ATHENA was operated by USAF personnel during this demonstration, and it was able to destroy multiple drones in engagements representative of what is being encountered by U.S. armed forces today. The ATHENA high-energy laser system is transportable and therefore enables the Air Force to emplace it anywhere they need to defend bases and high-value assets. For additional information, visit our website: www.lockheedmartin.com/DE 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 https://news.lockheedmartin.com/2019-11-07-ATHENA-Successfully-Defends-Drone-Threat
April 9, 2018 | International, Aerospace
NEW DELHI (Reuters) - India is seeking to buy around 110 fighter jets, the air force said in a request for information issued on Friday, marking the first step toward a long-delayed deal that could be worth more than $15 billion. Boeing (BA.N), Lockheed Martin (LMT.N), Saab (SAABb.ST) and Dassault Aviation (AVMD.PA) are among the manufacturers expected to compete. The aircraft must be built largely in India as part of Prime Minister Narendra Modi's drive to build a domestic industrial base. The air force said in a notice that “85 percent will have to be made in India by a Strategic Partner/Indian Production Agency”. Lockheed has offered to move its F-16 production line in Fort Worth, Texas, to India and make it the only plant worldwide to produce the F-16 for not only India but also other countries, said Vivek Lall, vice president, strategy and business development at Lockheed Martin. Lockheed has teamed with India's Tata Advanced Systems to build the planes locally while Sweden's Saab has entered into a partnership with the Adani Group, a resources conglomerate. The other contenders have not announced their local partners. The tender will be open for makers of both single engine and twin-engined combat jets, in a widening of the field. The Eurofighter Typhoon and Russian aircraft are also potential contenders under the new requirements. A spokesman for Dassault Aviation which makes the twin-engine Rafale declined to comment. Earlier, the defense ministry had sought expressions of interest from single-engine manufacturers which effectively restricted the contest to Lockheed's F-16 and Saab's Gripen fighter jets. But in February the government asked the air force to open up the competition to twin-engined aircraft, in the latest flip-flop in policy that has delayed the acquisition process for years and left the air force short of hundreds of planes. India began its search for new planes for the Indian air force in 2003 to replace its Soviet-era MiG fighters. The request for information is open until July, the air force said. A request for proposal will then be issued followed by bid evaluations and contract negotiations. The process could take years, officials say. https://www.reuters.com/article/us-india-defence/india-opens-contest-to-supply-more-than-100-fighter-jets-idUSKCN1HD1UX