Latest Federal & Government Contracting Companies' News Coverage
Lockheed Martin has received a contract from BAE Systems to equip a vertical launching system on the U.K. navy’s upcoming Type 26 Global Combat Ship. The MK 41 VLS is designed to launch a variety of missile types covering anti-air, anti-submarine and strike-length functionalities, Lockheed said Thursday. For the contract’s initial order, three of the combat ships will […] More
A weather satellite that Lockheed Martin built for the National Oceanic and Atmospheric Administration took off Thursday aboard a United Launch Alliance-built Atlas V rocket from Cape Canaveral Air Force Station in Florida. The Geostationary Operational Environmental Satellite-S system will be called GOES-17 once it reaches the geostationary orbit within two weeks and will undergo a checkout and validation phase […] More
The U.S. Navy has begun to incorporate new technology platforms into the Block III version of the Boeing-built F/A-18Â Super Hornet fighter jet in an effort to address emerging threats, the National Interest reported Wednesday. Some of the technologies that will be installed on the Block III Super Hornet aircraft include the Advanced Targeting Forward Looking […] More
Jeff Babione, executive vice president and general manager of Lockheed Martin‘s F-35 program, has been appointed to similar roles within the defense and aerospace contractor’s advanced development programs division known as Skunk Works. Lockheed said Thursday Babione will lead Skunk Works’ efforts to support warfighters and succeed Rob Weiss, who will retire in late 2018. In his current role, Babione oversees […] More
Lockheed Martin has teamed with a Riyadh, Saudi Arabia-based engineering company to produce laser guided bomb tailkits, Saudi Gazette reported Wednesday. Wahaj, a subsidiary of Saudi International Petrochemical Company, agreed to co-manufacture the air foil group for Lockheed-made Paveway II Plus LGBs under a teaming agreement. “We are dedicated to supporting the Kingdom’s national security objectives defined […] More
Lockheed Martin has received a potential $18.7 million contract from the U.S. Air Force to help sustain the military branch’s GPS satellites currently in orbit. Work covers on-orbit and anomaly resolution support, constellation performance analysis, space vehicle end-of-life test and training and SV subsystem analysis, the Defense Department said Wednesday. DoD noted the Space and Missile Systems […] More
Thomas Bell, president of the defense business at Rolls-Royce, has been appointed to serve in the additional roles of president and CEO for the company’s North American subsidiary. He will succeed Marion Blakey, who is due to retire by the end of June after three years at the helm, Rolls-Royce said Wednesday. Bell rejoined the company […] More
The U.S. Navy and the U.S. Marine Corps have submitted to Congress their fiscal 2019 “unfunded priority lists†that requested $1.7 billion in total funds to support projects that were not included in the official budget request, USNI News reported Tuesday. The Navy seeks $1.5 billion for its budget wish list that includes the procurement […] More
HABCO Industries has signed an exclusive distribution agreement to provide ground support equipment for military, commercial and government customers of Sikorsky-built helicopter platforms. Lockheed Martin, the parent company of Sikorsky, said Tuesday the deal also covers locally fabricated and commercial off-the-shelf products to support production and maintenance of operational helicopters. Connecticut-based HABCO offers ground support and test […] More
LifePort, a business unit of Lockheed Martin‘s Sikorsky subsidiary, has received a contract from a Middle Eastern customer to provide systems that work to protect Black Hawk helicopter crew and passengers against ground-based ballistic threats. The order is for 25 customized Black Hawk Ballistic Protection Systems, Lockheed said Tuesday. Noah Zuckerman, general manager at LifePort, said the company […] More
The first F-35A aircraft directly assigned to the Japan Air Self-Defense Force has landed on Misawa Air Base, Japan. The jet will be assigned to the JASDF’s 3rd wing, and is the second of its kind built at Mitsubishi Heavy Industries‘ Nagoya-based final assembly and check-out facility, Lockheed Martin F-35 said Saturday. The particular unit is one of 42 […] More
A Strategy Analytics report predicts global defense spending to hit $2.41 trillion over the next eight years at a compound annual growth rate of 3.7 percent. Strategy Analytics said Monday its report suggests that the Trump administration’s push to restore U.S. military leadership has reflected in the White House’s proposed budget for fiscal 2019. The FY 2019 […] More
