Lockheed Martin won a $107 million follow-up contract to build the next phase of the space fence, a program that will allow the Air Force to more accurately map space debris. Under the 18-month contract, Lockheed Martin will further develop its ground-based radar system design in preparation for a final space fence production contract next [...]
Continue reading …Lockheed Martin has submitted a proposal to continue the ground-based midcourse defense contract for the Missile Defense Agency. Much of the work will be done at Schriever Air Force Base in Colorado Springs. The GMD development and sustainment contract will provide development, manufacturing, test, training, performance-based logistics, operations and sustainment of the ground missile defense [...]
Continue reading …Even as the big defense contractor Lockheed Martin was explaining why its third-quarter profit shrank 28 percent, British Prime Minister David Cameron was laying out sweeping defense cuts on Tuesday. They include a smaller order for Lockheed’s new F-35 Joint Strike Fighter, built in Fort Worth, Texas.
Continue reading …About 600 top executives with Lockheed Martin Corp. have accepted the company’s early buyout program offer. Those qualifying must leave the company by Feb. 1. Their departure represents about 25 percent of Bethesda, Md.-based Lockheed’s total number of executive level employees. Lockheed did not break down numbers by division or location. Approximately 2,000 people work [...]
Continue reading …Lockheed Martin has been selected for a U.S. Navy common computing contract worth $15 million. The Navy program consolidates dozens of ship information systems networks, and reduces the infrastructure size and associated costs, while increasing reliability and other capabilities to meet warfighter requirements. The new system would be deployed across the Navy’s 300-plus ships and shore-based sites. For the [...]
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