25 octobre 2019 | International, Terrestre

Lockheed Martin Awarded Air Force ICBM Contract

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

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  • Scandal-ridden Ukroboronprom seeks fresh start in ties with Western arms makers

    20 mai 2020 | International, Terrestre

    Scandal-ridden Ukroboronprom seeks fresh start in ties with Western arms makers

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You know, Ukroboronprom for years has had a tainted reputation,” Abromavicius said at an event hosted by the Atlantic Council. “So it is very clear that almost no Western company of any reputation and size is interested in directly acquiring any assets in the defense sector in Ukraine because of the reputational risks.” That is one of the many reasons Abromavicius is pushing reforms of the company, whose questionable reputation was further damaged by a massive scandal in 2019 involving executives receiving kickbacks on parts smuggled in from Russia. The scandal rocked Ukrainian politics, with some arguing it was a major factor in the loss of the presidency by Petro Poroshenko. President Volodymyr Zelenskiy, inaugurated in May 2019, launched an effort to clean up the mess, which included appointing Abromavicius, a former minister of economy and trade, to oversee a reorganization of the company. Abromavicius, who is pushing a full financial audit of the company alongside a potential reorg of its business units, stressed that “we need to raise governance standards to completely different levels,” factoring in increased transparency, if the company is to have any hope of working with nations abroad. And, he said, Ukroboronprom needs partnerships to survive as anything other than a local, small concern. “The way forward for us is to do joint ventures,” Abromavicius said. “Obviously the way forward is just to set up production facilities in Turkey, in India, you now, United Arab Emirates, whereby our [intellectual property] and their financial resources [combine] together to produce for the domestic and global needs.” While acknowledging that U.S. firms are reluctant to work with Ukroboronprom given its history, such a tie-up would be cheap for any of the major American defense companies, said the Atlantic Council's Michael Carpenter. And, he warned, the American government may soon have a major geopolitical incentive to try and push a Lockheed Martin or Raytheon to work with the Ukrainians. “With the economic chaos that's being wrought by the COVID-19 pandemic, I predict you will see China moving into a lot of countries in Eastern Europe and looking to buy up distressed assets at bargain prices, and it's going to be crucial that when Ukroboronprom looks for outside investors or looks for doing joint ventures, that U.S defense industry is poised to partner, and to invest,” Carpenter said. “It's going to be very important for, I think, the U.S. government also to push our defense industry a little bit to look at this as an opportunity,” continued Carpenter. “It's going to be important from a sort of strategic sense not to allow this industrial base to get snapped up by Chinese or other countries that are going to be, frankly, operating in a predatory manner in the months ahead, and that we allow for that matchmaking, not just with U.S. firms but with European firms as well to go forward.” While not directly tied to defense matters, Boeing is reportedly considering some sort of team up with Antonov on the cargo side, with the Ukranians pushing for a formal joint venture. 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Pentagon acquisition head Ellen Lord has warned several times since the COVID-19 pandemic began that the DoD needs to be keeping an eye on both the domestic and foreign defense industry, with the expectation China will attempt to use the economic downturn to its advantage. “Western allies took a backseat, ignored the Ukrainian defense sector, and you know, [the] Chinese stepped in and snapped up the best of the private companies in this sector in Ukraine,” said Abromavicius. “So I would urge, obviously, our allies to take a better look at the defense sector which is being reformed right now in Ukraine. And, you know, show us, show more interest in doing things together.” While Zelenskiy came into office promising major reforms to the country, activists have accused his government of stalling out on many of the promised efforts. Abromavicius “fully” acknowledged that the reorganization of Ukroboronprom has slowed recently, saying he hopes Western officials can “give it a kick” to get things moving again, but he expressed his hope that in the coming weeks there may be legislative action. “So it is a bit too early to say that we have a full support, because I say that everybody and their dog has its own view of what Ukroboronprom reform should look like,” he said. “And I think overall, the Defense and Security Committee is a strong supporter, Ministry of the Economy is a strong supporter, I believe that president's offices as well. And I hope that Ministry of Defense is on our side” soon, he said. https://www.defensenews.com/global/europe/2020/05/20/scandal-ridden-ukroboronprom-seeks-fresh-start-in-ties-with-western-arms-makers

  • Contract Awards by US Department of Defense - August 2, 2019

    5 août 2019 | International, Aérospatial, Naval, Terrestre, C4ISR, Sécurité

    Contract Awards by US Department of Defense - August 2, 2019

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