December 16, 2021 | International, Aerospace, Naval, Land, C4ISR, Security
May 6, 2020 | International, Land
U.S. Army Awards $6.07 Billion Contract to Lockheed Martin for PAC-3 MSE Production, Associated Equipment
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.
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SOURCE Lockheed Martin
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August 7, 2020 | International, Aerospace
An aerospace startup just won a contract to develop an Air Force One jet that can travel at Mach 5. Here's an early look at the engine that could rocket from New York to Paris in 90 minutes.
David Slotnick 19 hours ago The Air Force One of the future might be getting a major speed boost. An aerospace company called Hermeus on Thursday announced a contract with the US Air Force and the Presidential and Executive Airlift Directorate to develop a hypersonic aircraft for the presidential fleet. While the next Air Force One, a modified 747-8, is due to be delivered by Boeing next year, the Hermeus contract looks toward its eventual replacement. Hermeus said it won the contract after designing, building, and successfully testing a prototype of an engine capable of propelling an airplane to Mach 5, or five times the speed of sound — about 3,300 mph. Mach 5 represents the delineation between supersonic and hypersonic speeds. The company completed those tests in March, Aviation Week reported. Hermeus plans to build a demonstrator vehicle over the next five years, with commercial aircraft envisioned in about a decade, Skyler Shuford, its cofounder and chief operating officer, said in 2019. A press release announcing the Air Force contract said part of the project would focus on integrating Air Force requirements into the airplane's designs. Hermeus emerged last year, announcing plans to develop a Mach 5 aircraft that could fly from New York to Paris in about 90 minutes. Ars Technica reported in May 2019 that the company raised an initial round of funding, led by Khosla Ventures, which it used to develop the prototype. Hermeus said it would use a turbine-based combined-cycle engine for the propulsion system, according to the report. The company's cofounders are alumni of SpaceX, Blue Origin, and the aerospace company Generation Orbit. At the time, Hermeus said it planned to use mostly existing technology and materials to achieve hypersonic travel. "We can make a vehicle fly that fast with today's technology," Glenn Case, a cofounder and the chief technology officer, said in a video published this spring. "We aren't getting into anything too miraculous," Shuford told Ars Technica last year. "We want to do engineering, not science." As of Thursday, the company listed about 10 open positions, including for airframe and propulsion engineers. https://www.businessinsider.com/hypersonic-air-force-one-hermeus-mach-5-2020-8