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Currently browsing entries tagged Lockheed Martin

US Air Force to award CSAR-X recompete soon

In a contract that has fallen to the back burner recently due to KC-45 events, the Air Force announced that they would complete the recompete for the CSAR-X by September. Contract award would be soon after. The CSAR-X contract to replace the HH-60 PaveHawk aircraft was originally awarded to Boeing with [...]

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Lockheed Martin to train intelligence analysts

Lockheed Martin was awarded a contract from the National Geospatial Intelligence Agency (NGIA) to provide training to its employees and other intelligence analysts across DoD. See a press release here. The contract has a value of $32 M and is an option on an existing contract. Lockheed Martin is responsible for running [...]

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Lockheed Martin expands in Australia

Lockheed Martin has moved to buy a joint venture it had set up in Australia today. See a press release here. RLM Holdings was a company established by Lockheed Martin and the Tenix Group to manage the Jindalee Operational Radar Network (JORN) and provide other defense services. The JORN is a large [...]

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Six bids for India’s new advanced fighter

With the decision here to relax the off set provisions required for work on Indian defense contracts India received six new proposals for their new advanced fighter aircraft, the MMRCA. See a story here. Boeing, Lockheed Martin, EADS, MiG, SAAB and D’Assault submitted proposals. Aircraft from these companies are currently under evaluation [...]

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DoD awards TRICARE omnibus contract

General Dynamics was one 23 companies awarded a possible right to get work under a large ID/IQ contract for planning and support. See a press release here. The contract if all options are exercised could be worth up to $5 B. Like all of these contracts, though, there is no guarantee that [...]

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LMT reports earnings

Lockheed Martin continued the string of defense contractors reporting good earnings as the rest of the economy struggles. See a press release here. Lockheed had a 13% increase in profit over the last year with a solid increase in earnings. The company also is starting to sound cautious about the expected downturn [...]

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USMC buys sights for AH-1 fleet

The USMC awarded Lockheed Martin a contract to build advanced, new sights for the AH-1 Cobra helicopter. See a story here. The $50 M contract will begin producing the sights in 2010. The AN/AAQ-30 Target Sight System is a multi-sensor system that will also provide targeting data and guidance for the Hellfire [...]

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JTRS AMF subcontract awarded

Lockheed Martin, who won the next increment of the JTRS AMF, awarded a subcontract to Northrop Grumman to provide technology to support production. See an article here. Earlier this year Lockheed Martin was named the winner of the JTRS AMF radio contract. They now have given Northrop Grumman a subcontract to lead [...]

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Its just not defense

Lockheed Martin was awarded a contract by the Department of Homeland Security to provide human resources support to the Transportation Security Administration (TSA). See an article here. The contract could last eight years and have a value of over $1 B dollars. The company will provide support to all aspects of the [...]

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JSF spreads the wealth

Lockheed Martin awarded a Norwegian company, Kongsberg, a contract to make parts for the F-35 JSF. See an article here. In an unrelated matter Norway is looking at buying either JSF or Swedish Gripen aircraft to replace their F-16 fleet. Kongsberg will get the contract worth up to $1 B or more [...]

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Air Force executes JASSM production option

Lockheed Martin was awarded a contract by the US Air Force for production of 111 Joint Air to Surface Standoff Missile (JASSM) and related services. The contract has a value of $107 M. See the press release here. The missiles will be produced at the company’s facility in Troy, AL. The [...]

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Air Force orders HC/MC-130 aircraft

The US Air Force placed a contract wit Lockheed Martin for six HC/MC-130J aircraft. This $470 M award was using the FY08 Advanced Procurement with the rest of the order being paid for in FY09. See a press release here. These aircraft will most likely support operations by US Special Forces Command, [...]

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Lockheed EVMS not up to snuff

This article in the UK’s Gaurdian newspaper says that DoD is unhappy with the accuracy of Lockheed Martin’s Earned Value Management System (EVMS). This may lead to reduced award fee to the contractor. Earned value is defined in this paper, here, as “It is an objective measurement of how much work has been [...]

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Lockheed gets long lead contract for JSF

Lockheed Martin was awarded a $197 M contract for long lead items for 10 JSF aircraft. See the story here. These will be procured for the US Navy and the UK. These are the version capable of Vertical Take Off and Landing (VTOL) operations. Ultimately they will replace the Harrier in [...]

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GPS III contract award expected by the 16th

According to this article the Air Force is expected to award the GPS III contract this week following a successful DAB a few weeks ago. Boeing and Lockheed Martin are in the running, and some are inevitably expecting a protest by the loser. Lockheed Martin won most of the GPS II work and [...]

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Looking to buy DRS

This article discusses the idea that Finmeccanica, the Italian defense conglomerate, is looking at DRS Technology for an American acquisition. Like EADS and BAE the Italian company has been expanding its presence in the US. Its helicopter arm, Augusta Westland, won the VH-71 Presidential helicopter teamed with Lockheed Martin and is also trying [...]

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Lockheed protests BAMS award

As previously discussed here the US Navy awarded the Broad Aeriel Maritime Surveillance (BAMS) contract to Northrop Grumman. The two losers were Boeing and Lockheed Martin. Now according to this story Lockheed is protesting. Northrop Grumman won with a version of the Global Hawk, Lockheed had proposed a scaled up version of [...]

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Hillary accused of hypocrisy on KC-45

This article explains why some feel that Democratic candidate for President, Hillary Clinton, has been accused of double standards on the KC-45 contract. The basic argument is that she is very supportive of the VH-71 contract for the new Presidential helicopter. This is also a foreign aircraft teamed with a US integrator, here [...]

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Norway receives bid for new fighter

Lockheed Martin and SAAB submitted bids for Norway’s new fighter. See the article here. Either the F-35 JSF or the Gripen will replace the existing force of F-16 aircraft. It will be one of the largest contracts Norway has awarded due to the expense of the aircraft. A decision will not [...]

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Northrop Grumman wins BAMS SD&D contract

As reported yesterday the BAMS DAB was held. The Navy awarded the contract to Northrop Grumman for a version of the Global Hawk long range, large UAV. See a story here. Boeing and Lockheed Martin were the losing bidders. On top of the KC-45 contract this can be seen as a [...]

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One team set for Army’s new integrated air defense command and control contract

Northrop Grumman has organized a team of companies, including Boeing and Lockheed Martin, to bid on the Army’s contract for a new integrated air defense sensor net and command and control contract.  See the release here.  The contract will be awarded at the end of the fiscal year and will be for a system that [...]

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JSF costs levelling

On Monday the Pentagon released the annual Selected Acquisition Reports (SAR) this is a formalized report that goes to Congress that details the performance of Acquisition Category (ACAT) ID and IC programs. Congress and OSD can also add programs to the list that don’t meet the ACAT I categories. See the press release [...]

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Lockheed Martin continues F-2 support

Mitsubishi Heavy Industries continued to award Lockheed Martin contracts for support of F-2 production. This is the twelfth year in a row that they got this contract. See the story here. Lockheed Martin has now been contracted to work on all 94 F-2 aircraft ordered by the Japanese government. This again [...]

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UK awards contract for equivilant of Blue Force Tracker

The British government gave Lockheed Martin a contract worth $200 M for a system similar to Blue Force Tracker. See the article here. The Land Environment Air Picture Provision (LEAPP) provides situational awareness for troops so that they may minimize friendly fire incidents. Blue Force Tracker (BFT) is the equivalent type of [...]

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Indian C-130J ordered

The Department of Defense ordered the six Indian C-130J aircraft from Lockheed Martin. See the article here. As in the case of most Foreign Military Sales (FMS) India just piggy-backed on the current production contract. This gives them the lowest price possible due to production quantities and stability. The total contract [...]

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