May 7, 2024 | International, Naval
A recent government report about the frigate Iver Huitfeldt's deployment in the Red Sea has detailed a series of problems at sea.
March 26, 2021 | International, Aerospace
Lockheed Martin and Northrop Grumman, instead of Boeing, were selected to compete to provide a new system aimed at knocking out long-range missiles fired by adversaries, estimated to cost $12 billion.
May 25, 2021 | International, Land
Industry gathered last week to show the Army what is in the realm of the possible to field an electric light reconnaissance vehicle as the service grapples with the challenge of incorporating alternative power into its future fleet.
May 6, 2020 | International, Land
Dallas, April 30, 2020 /PRNewswire/ - Lockheed Martin (NYSE: LMT) received a $6.07 billion contract from the U.S. Army for the production of Patriot Advanced Capability-3 (PAC-3) Missile Segment Enhancement (MSE) interceptors and associated equipment, to be delivered across FY21, FY22 and FY23 contract years. The contract calls for the production and delivery of PAC-3 MSE interceptors, launcher modification kits, associated equipment and non-recurring efforts to support the United States and global customers. "This contract demonstrates our customer's continued confidence in our ability to deliver unmatched Hit-to-Kill technology that defeats the ever-expanding global threats of today and tomorrow," said Scott Arnold, vice president, Integrated Air & Missile Defense at Lockheed Martin Missiles and Fire Control. "PAC-3 MSE is one of the most capable multi-mission interceptors, enabling our customers to defend against advanced tactical ballistic missiles, cruise missiles and aircraft." To meet customer demand and increase production capacity, Lockheed Martin is currently building an 85,000-square-foot expansion at the Camden, Arkansas, facility where PAC-3 MSE interceptors are assembled. The building is expected to be complete by fourth quarter 2021, with operations beginning in first quarter 2022. Ten nations - the United States, Qatar, Japan, Romania, Poland, the United Arab Emirates, Sweden, Korea, Bahrain and Germany - have signed agreements to procure PAC-3 MSE interceptors. For additional information, visit our website. About Lockheed Martin Headquartered in Bethesda, Maryland, Lockheed Martin is a global security and aerospace company that employs approximately 110,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. View original content to download multimedia:http://www.prnewswire.com/news-releases/us-army-awards-6-07-billion-contract-to-lockheed-martin-for-pac-3-mse-production-associated-equipment-301050685.html SOURCE Lockheed Martin