Back to news

March 23, 2022 | International, Naval

Lockheed Martin making final push for Greek frigate construction, modernization work

Greece has already committed to buying three French frigates -- but there are still a lot of gaps in its surface modernization program that Lockheed Martin is trying to fill, now that talks with Greece have been extended for six more months.

https://www.defensenews.com/naval/2022/03/17/lockheed-martin-making-final-push-for-greek-frigate-construction-modernization-work/

On the same subject

  • Lockheed Martin May Go Shopping if Defense Budgets Fall Next Year

    July 22, 2020 | International, Aerospace

    Lockheed Martin May Go Shopping if Defense Budgets Fall Next Year

    July 21, 2020 | By John A. Tirpak If defense spending goes down in the coming year—expected because of large COVID-19 bailout packages—it could be an opportunity for Lockheed Martin, company President and Chief Executive Officer James D. Taiclet said July 21. In a second-quarter results call with investors and financial reporters, Taiclet—in his first such call after succeeding Marillyn A. Hewson in the job—said the company isn't betting on defense budgets to go up or down. But Lockheed is sitting on so much cash—nearly $8 billion—it could go shopping for other companies in distress if budgets fall, he said. “If there is a downturn, we're going to look for silver linings that may be there,” Taiclet said. Given the company's strong backlog and balance sheet, “there could be opportunities for us to act in a period where asset prices are depressed, for things we may want to bring into the company.” Acquisition targets “we really wanted ... might be even more available at attractive prices.” He did not discuss large possible acquisition interests, and only broadly mentioned looking at small companies able to build Lockheed's vertical integration in some technology areas. Taiclet declined to speculate on whether budgets will rise or fall. “We're just getting the company ready for either scenario, frankly,” he said. “If it's stable or slightly rising, ... we know how to handle that. But if it's declining, we're planning for that, too.” In case of a downturn, he's asked business area managers to do “a ‘Red Team' kind of exercise ... We would offer our customers ... ‘this is what we think you should do with our products and programs for extending'” the life of existing platforms. With a $150 billion backlog in hand, though—a new company “high water mark,” Taiclet said—“it's going to be two to three years” before any defense budget cuts “actually go into the defense industrial base production lines, so we have time to work with the customer ... They can have their contingency plan and we're behind them 100 percent.” Taiclet said international customers may also see budget declines, but doesn't expect Lockheed to be hit hard by that. While some requests for proposals are “moving to the right,” the planned in-service dates of prospective customers are not, he noted. Taiclet and Kenneth R. Possenriede, vice president and chief financial officer, said the company expects 90 total new F-16 orders from Taiwan and another country; C-130s for Indonesia; Aegis systems for Japan; and MH-60R helicopters for India, as well as increasing orders for missile defense systems. They also said the chief competitors to the U.S. are spending lavishly on defense systems and the threat is not diminishing, despite COVID. China is “aggressive and ... aspirational,” Taiclet said, while Russia is “back in the game,” making strategic investments in long-range systems to make up for its diminished ground forces. Production of the F-35, Lockheed's marquee aeronautics program, will likely be 40 percent for foreign users in the coming years, Possenriede said. Of the aeronautics division's $9 billion in orders, $7 billion is accounted for by the F-35, with a backlog of 411 airplanes. Taiclet noted that Lockhed has hired 9,000 new employees since the COVID-19 pandemic began, and is seeking to hire 3,000 more in this calendar year. https://www.airforcemag.com/lockheed-martin-may-go-shopping-if-defense-budgets-fall-next-year

  • Israel chooses to buy Lockheed’s CH-53K over Boeing’s CH-47

    February 26, 2021 | International, Aerospace

    Israel chooses to buy Lockheed’s CH-53K over Boeing’s CH-47

    The move is seen as essential for Israel, as its older CH-53 Sea Stallion “Yasur” helicopters have been in use since the 1960s.

  • Contract Awards by US Department of Defense - December 11, 2019

    December 12, 2019 | International, Aerospace, Naval, Land, C4ISR, Security

    Contract Awards by US Department of Defense - December 11, 2019

    ARMY Galveston Coastal Services JV, Houston, Texas, was awarded a $228,000,000 firm-fixed-price contract for architect and engineering services. Bids were solicited via the internet with four received. Work locations and funding will be determined with each order, with an estimated completion date of Dec. 10, 2027. U.S. Army Corps of Engineers, Galveston, Texas, is the contracting activity (W912HY-20-D-0001). Lockheed Martin Corp., Grand Prairie, Texas, was awarded a $22,441,319 cost-plus-fixed-fee contract to design, develop and validate system prototypes for a combined arms squad. Bids were solicited via the internet with one received. Work will be performed in Grand Prairie, Texas, with an estimated completion date of Jan. 31, 2021. Fiscal 2019 Defense Advanced Research Projects Agency funds in the amount of $11,323,800 were obligated at the time of the award. U.S. Army Contracting Command, Aberdeen Proving Ground, Maryland, is the contracting activity (W912CG-20-C-0005). NAVY Ahtna-CDM JV,* Irvine, California (N62473-20-D-0026); R. A. Burch Construction Inc.,* Ramona, California (N62473-20-D-0027); Bristol Design Build Services LLC,* Anchorage, Alaska (N62473-20-D-0028); Insight Pacific LLC,* Brea, California (N62473-20-D-0029); I.E.-Pacific Inc.,* Escondido, California (N62473-20-D-0030); Patricia I. Romero Inc., doing business as Pacific West Builders,* National City, California (N62473-20-D-0031); and Heffler Contracting Group,* El Cajon, California (N62473-20-D-0032), are each being awarded an indefinite-delivery/indefinite-quantity, multiple award design-build construction contract for construction projects located primarily within the Naval Facilities Engineering Command (NAVFAC) Southwest area of operations (AO). The work to be performed provides for, but is not limited to, new construction, renovation, alteration, demolition and repair work by design-build or by design-bid-build of commercial and institutional facilities, administrative and industrial facilities, housing facilities, child care centers, lodges, recreational/fitness centers, retail complexes, warehouses, offices, community centers, medical facilities, operational airfield facilities, hangars, armories, fire stations, auditoriums, religious facilities and manufacturing facilities. The maximum dollar value including the base two-year performance period and one three-year option period for all seven contracts combined is $99,999,000. No task orders are being issued at this time. All work on this contract will be performed primarily within the NAVFAC Southwest AO which includes California (55%); Nevada (40%); Arizona (1%); Colorado (1%); New Mexico (1%); Utah (1%); and remainder of the U.S. (1%), with an expected completion date of December 2024. Fiscal 2020 operations and maintenance (Navy) (O&M,N) contract funds in the amount of $35,000 are obligated on this award and will expire at the end of the current fiscal year. Future task orders will be primarily funded by O&M,N. This contract was competitively procured via the Navy Electronic Commerce Online website with 33 proposals received. These seven contractors may compete for task orders under the terms and conditions of the awarded contract. NAVFAC Southwest, San Diego, California, is the contracting activity. Etolin Strait Partners LLC,* Norfolk, Virginia, was awarded a $30,000,000, indefinite-delivery/indefinite-quantity, firm-fixed-price job order contract for minor construction projects located primarily within the Naval Facilities Engineering Command (NAVFAC) Washington, District of Columbia, area of responsibility (AOR). The work to be performed provides for the accomplishment of various maintenance, repair, alteration and minor new construction projects to government facilities located primarily within the NAVFAC. The contractor shall provide all labor, supervision, engineering, materials, equipment, tools, parts, supplies and transportation to perform all work described in the task order's request for proposal. Work will be performed primarily in Maryland, Virginia and the District of Columbia, and is expected to be completed by September 2020. Fiscal 2019 operations and maintenance, Navy (O&M) funding in the amount $10,000 and will expire at the end of fiscal 2019. Future task orders will be funded primarily by military construction (Navy); O&M (Navy); O&M (Defense Logistics Agency); and Navy working capital funds. This contract was competitively procured via the Navy Electronic Commerce Online website with 11 proposals received. The Naval Facilities Engineering Command, Washington, District of Columbia, is the contracting activity (N40080-19-D-0007). (Awarded Sept. 30, 2019) AIR FORCE Nightingale Corp., Tonawanda, New York (FA8003-20-A-0001); Great Journey West LLC, Saint Charles, Missouri (FA8003-20-A-0002); SCS Integrated Support Solutions LLC, Manassas, Virginia (FA8003-20-A-0003); Feigus Inc., Wall, New Jersey (FA8003-20-A-0004); Govsolutions Inc., Virginia Beach, Virginia (FA8003-20-A-0005); SLM Contract Furniture Inc., San Diego, California (FA8003-20-A-0006); Workplace Solutions Inc., Virginia Beach, Virginia (FA8003-20-A-0007); NxVet LLC, Woodbridge, Virginia (FA8003-20-A-0008); Seating Inc., Nunda, New York (FA8003-20-A-0009); and Trade Products Corp., Fairfax, Virginia (FA8003-20-A-0010), have been awarded an $80,000,000 multiple award blanket purchase agreement for executive, task, conference room and side chairs. This agreement provides for delivery of office chairs at a discount off General Services Administration Federal Supply Schedules pricing to Air Force offices in the continental U.S. Work will be performed at Tonawanda, New York; Hawthorne, California; Buena Park, California; Bryan, Texas; Hillsboro, Oregon; and Nunda, New York, and is expected to be completed by December 2024. This award is the result of a 100% small business set-aside competitive acquisition and 26 offers were received. Current fiscal year operations and maintenance funds will be obligated with each order and no funds are being obligated at the time of award. The 771st Enterprise Sourcing Squadron, Wright Patterson Air Force Base, Ohio, is the contracting activity. DEFENSE LOGISTICS AGENCY Thomas Scientific LLC, Swedesboro, New Jersey, has been awarded a maximum $49,000,000 fixed-price with economic-price-adjustment, indefinite-delivery/indefinite-quantity contract for laboratory supplies. This was a competitive acquisition with 15 responses received. This is a five-year contract with no options. Location of performance is New Jersey, with a Dec. 18, 2024, performance completion date. Using customers are Army, Navy, Air Force, Marine Corps and federal civilian agencies. Type of appropriation is fiscal 2020 through 2025 defense working capital funds. The contracting activity is the Defense Logistics Agency Troop Support, Philadelphia, Pennsylvania (SPE2DE-20-D-0006). KaVo Dental Technologies LLC, Charlotte, North Carolina, has been awarded a maximum $45,000,000 fixed-price with economic-price-adjustment, indefinite-delivery/indefinite-quantity contract for hospital equipment and accessories for the Defense Logistics Agency electronic catalog. This was a competitive acquisition with 101 responses received. This is a five-year contract with no option periods. Location of performance is North Carolina, with a Dec. 10, 2024, performance completion date. Using military services are Army, Navy, Air Force and Marine Corps. Type of appropriation is fiscal 2020 through 2025 defense working capital funds. The contracting activity is the Defense Logistics Agency Troop Support, Philadelphia, Pennsylvania (SPE2DH-20-D-0026). Duck Delivery Produce Inc.,* Portland, Oregon, has been awarded a maximum $26,000,000 firm-fixed-price with economic-price-adjustment, indefinite-delivery/indefinite-quantity contract for fresh fruits and vegetables. This was a competitive acquisition with one response received. This is a 48-month contract with no option periods. Locations of performance are Oregon and Washington state, with a Dec. 10, 2023, performance completion date. Using customers are Department of Agriculture schools and reservations. Type of appropriation is fiscal 2020 through 2024 defense working capital funds. The contracting activity is the Defense Logistics Agency Troop Support, Philadelphia, Pennsylvania (SPE300-20-D-S740). Chemring Sensors and Electronic Systems Inc., Charlotte, North Carolina, has been awarded a maximum $12,141,494 firm-fixed-price, definitive type contract for Biological Agent Warning System 4 Plus Assembly units. This was a sole-source acquisition using justification 10 U.S. Code 2304 (c)(1), as stated in Federal Acquisition Regulation 6.302-1. This is a one-year contract with one one-year option period being exercised at the time of award. Location of performance is North Carolina, with an April 30, 2021, performance completion date. Using military service is Army. Type of appropriation is fiscal 2020 through 2021 Army working capital funds. The contracting activity is the Defense Logistics Agency Land and Maritime, Warren, Michigan (SPRDL1-20-C-0014). KBRwyle Technology Solutions LLC, Rockville, Maryland, has been awarded a maximum $9,690,076 cost-plus-fixed-fee, bridge contract for hydrant fueling automation maintenance. This was a sole-source acquisition using justification 10 U.S. Code 2304 (c)(1), as stated in Federal Acquisition Regulation 6.302-1. This is a 17-month base contract with one three-month option period. Locations of performance are all 50 states, Japan, Wake Island, South Korea, Guam, Diego Garcia, Portugal, Crete, Spain, Germany, Italy, Turkey and the United Kingdom, with a May 12, 2021, performance completion date. Using customers are Army, Navy, Air Force, Marine Corps, National Guard and Coast Guard. Type of appropriation is fiscal 2020 through 2021 defense working capital funds. The contracting activity is the Defense Logistics Agency Contracting Services Office, Columbus, Ohio (SP4702-20-C-0006). KBRwyle Technology Solutions LLC, Rockville, Maryland, has been awarded a maximum $7,936,316 cost-plus-fixed-fee, bridge contract for automated tank gauging, independent alarm system, and overfill protection equipment maintenance. This was a sole-source acquisition using justification 10 U.S .Code 2304 (c)(1), as stated in Federal Acquisition Regulation 6.302-1. This is a 21-month base contract with one three-month option period. Locations of performance are Belgium, Djibouti, Germany, Greece, Greenland, Italy, Portugal, Spain, Turkey and the United Kingdom with a Sept. 12, 2021, performance completion date. Using customers are Army, Navy, Air Force, Marine Corps, National Guard and Coast Guard. Type of appropriation is fiscal 2020 through 2021 defense working capital funds. The contracting activity is the Defense Logistics Agency Contracting Services Office, Columbus, Ohio (SP4702-20-C-0005). U.S. TRANSPORTATION COMMAND Marine Terminals Corp., San Pedro, California, has been awarded a firm-fixed-price contract, HTC711-20-D-R003, in the amount of $34,025,191. The contract provides stevedoring and terminal services at Port Naval Base Ventura County-Port Hueneme and the Port of San Diego. Work will be performed at Port Naval Base, Ventura County-Port Hueneme and the Port of San Diego, California. The contract base period of performance is from Feb. 7, 2020, to Feb. 6, 2025. Fiscal 2020 transportation working capital funds were obligated at award. U.S. Transportation Command, Directorate of Acquisition, Scott Air Force Base, Illinois, is the contracting activity. *Small Business https://www.defense.gov/Newsroom/Contracts/Contract/Article/2038047/source/GovDelivery/

All news