May 5, 2023 | International, Naval
Total sales volume could potentially come to A$1 billion (approx. ?610 million), as the contract includes an option for equipping Australia?s entire fleet
January 20, 2022 | International, Aerospace, C4ISR
The ongoing, SWAC-led analysis is weighing options for a space-based GMTI program that could be funded as soon as fiscal 2024.
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
October 5, 2023 | International, Land
These orders, totaling more than $247 million, deliver critical cryptographic modernized communications with resilient waveforms to help ensure the Army’s Integrated Tactical Network can survive in the modern battlespace.