News for Lockheed Martin
Feb 25 · 4:11:00 PM · Source: Company Press Release
Additional equipment is being developed to support early integration and testing of a revolutionary tactical network that will provide warfighters in the air, on land and at sea with secure, interoperable communications. The Lockheed Martin team developing the Airborne, Maritime/Fixed Station Joint Tactical Radio System (AMF JTRS) has received a contract option to increase the number of engineering development models (EDM) by 60 percent.
AMF JTRS, an encrypted IP-enabled network, will provide joint forces with
real-time, non line-of-sight tactical voice, video and data communications.
The network will be developed in two form factors, or radio types: AMF-Small
Airborne and AMF-Maritime/Fixed Station. Under this contract option, the team
will provide additional EDMs of the AMF-Small Airborne form factor (to include
radios and ancillaries) which will be used to test the AMF capability for
platform specific missions.
Airborne platforms slated for early integration include Army AH-64D Apache,
CH-47F Chinook, and UH-60M Blackhawk helicopters as well as Air Force C-130
AMP and AC-130U fixed wing aircraft.
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by Michael Oliveto
Feb 12 · 9:56:00 PM · Source: MSN Money
Saxonburg-based II-VI Inc. inked a $40 million multi-year agreement with Department of Defense contractor Lockheed Martin Corp. to supply components for the Joint Strike Fighter, F-35 Lighting II.
II-VI (NYSE: IIVI) will be supplying sapphire windows for the aircraft’s Electro-Optical Targeting Systems.
· Related: II-VI Incorporated
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by Michael Oliveto
Feb 12 · 9:52:00 PM · Source: Company Press Release
Lockheed Martin announced that the Beam Control/Fire Control system for the U.S. Missile Defense Agency’s Airborne Laser Testbed (ALTB) successfully aimed the High Energy Laser beam in an experiment Feb. 11, in which a boosting ballistic missile target was destroyed.
In the lethal demonstration, the directed energy system aboard the modified Boeing 747-400F aircraft engaged and destroyed the threat-representative ballistic missile target shortly after it was launched from a sea-based platform in the Pacific Ocean.
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by Michael Oliveto
Feb 11 · 12:05:00 PM · Source: Company Press Release
The U.S. Navy awarded Lockheed Martin a $160 million follow-on contract for technical and engineering support of its land-based test facility for the Aegis Ballistic Defense (BMD) Weapon System.
Known locally as the “the Cruiser in the Cornfield” for its ship-like exterior appearance, the Navy’s Vice Admiral James H. Doyle Combat Systems Engineering Development Site (CSEDS) develops, integrates and delivers sophisticated computer software that allows the Aegis Weapon System to constantly evolve to meet the world’s emerging threats. CSEDS incorporates highly-integrated, classified, real-time networks that connect numerous contractor and U.S. government facilities.
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by Michael Oliveto
Jan 1 · 2:49:00 PM · Source: PR Newswire
The U.S. Navy conducted a successful test flight December 19 of a Trident II D5 Fleet Ballistic Missile (FBM) built by Lockheed Martin (LMT). The Navy launched the unarmed missile from the submerged submarine USS ALASKA (SSBN 732) in the Atlantic Ocean.
This test marked the 130th consecutive successful test flight of the Trident II D5 missile since 1989 continuing a 20-year record of reliability that is unmatched by any other large ballistic missile or space launch vehicle.
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by Michael Oliveto
Jan 1 · 2:47:00 PM · Source: PR Newswire
The second Lockheed Martin F-35B Lightning II short takeoff/vertical landing (STOVL) stealth fighter arrived today at Naval Air Station Patuxent River, Md.
U.S. Marine Corps Maj. Joseph T. "O.D." Bachmann piloted the aircraft nonstop from Lockheed Martin's Fort Worth, Texas, plant to Patuxent River, successfully completing aerial refueling en route. "Pax River is ready to begin the extensive four-year flight test campaign to help field the future of Marine Corps and Navy Aviation," said Dan Crowley, Lockheed Martin EVP and F-35 program general manager. "Over the next year, an integrated government/industry test team will ramp up the flight test at Pax River for the F-35B STOVL variant and F-35C carrier variant, and at Edwards Air Force Base, Calif., for the F-35A conventional takeoff and landing variant."
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by Michael Oliveto
Oct 20 · 11:44:00 AM · Source: Reuters
Lockheed Martin Corp (LMT.N) posted better-than-expected quarterly profit aided by a lower tax rate and share count on Tuesday, but revenue missed Wall Street estimates and the defense contractor warned earnings would drop in 2010, sending its shares down more than 5 percent.
But, Goldman Sachs analyst Noah Poponak said it is "difficult to find any positives" in the results." "Similar to last quarter's disappointment, we believe results indicate that the tides are changing in defense vs. the weaker-than-expected results being attributable to company- specific issues."
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by Larry Etter
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