Lockheed Martin

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Lockheed Martin Awarded $150 Million to Continue Production of Target Sight System

Lockheed Martin Awarded $150 Million to Continue Production of Target Sight System

22-Feb-2017Source: Lockheed Martin

The Naval Surface Warfare Center (NSWC), Crane Division, has awarded Lockheed Martin [NYSE: LMT] $150 million in follow-on production contracts to provide the U.S. Marine Corps with the Target Sight System (TSS) for the AH-1Z “Viper” attack helicopter. Under the contracts, Lockheed Martin will produce TSS Lot 13 and Lot 14. The award also contains options... Read more

Sikorsky Accounting Issues Causes Problems for Lockheed

Sikorsky Accounting Issues Causes Problems for Lockheed

26-Jan-2017Source: HeliHub.com

Lockheed has had to warn investors of a “material weakness” in their financial accounts for their newly acquired Sikorsky helicopter unit. Apparently the Sikorsky unit has issues regarding their internal controls for their IT systems and appropriate implementation of their procedures. Further details of the problem will be disclosed to security regulators in an annual... Read more

Thales at the heart of Royal Navy fleet protection

Thales at the heart of Royal Navy fleet protection

26-Jan-2017Source: Thales Group

Lockheed Martin, who acts as the Ministry of Defence’s prime contractor for the Merlin helicopter, selected a new generation of the Thales Searchwater radar and Cerberus mission system to be fitted to existing Merlin Mk2s helicopters to provide the Navy with an airborne surveillance and control capability (ASaC). The contract formally marks the beginning of... Read more

Lockheed Martin awarded £269m CROWSNEST contract

Lockheed Martin awarded £269m CROWSNEST contract

26-Jan-2017Source: Lockheed Martin

Minister for Defence Procurement, Harriett Baldwin MP announced today that Lockheed Martin UK has been awarded a £269m Ministry of Defence contract for the CROWSNEST Airborne Surveillance Programme. The announcement was made during a visit to Her Majesty’s Naval Base (HMNB), Portsmouth. The contract covers the Demonstration and Manufacture (D&M) phase and Initial Provisioning (IP)... Read more

South Korea to Purchase 12 ASW Helicopters

South Korea to Purchase 12 ASW Helicopters

20-Jan-2017Source: HeliHub.com

South Korea is currently considering purchasing 12 more ship borne anti-submarine warfare helicopters. They are looking towards Lockheed’s MH-60R, AgustaWestland’s AW159 and NH Industries’ NH-90. They plan for the new helicopters to be bought and delivered by 2022. Their fleet currently consists of 40 helicopters, made up of 8 AW159 helicopters, 8 Sikorsky UH-60Ps, 11... Read more

Long Run Success for Lockheed Martin

Long Run Success for Lockheed Martin

18-Jan-2017Source: HeliHub.com

Lockheed received negative feedback in 2015 when they bought over Sikorsky, with many critics saying it would be too much for them to handle. Now however, Military Analyst, Richard Aboulafia has stated that the acquisition will prove to be highly profitable in the long run, boosting their revenue and income, reports The Street.  ... Read more

Lockheed will provide US with the Latest Electronic Warfare System

Lockheed will provide US with the Latest Electronic Warfare System

17-Jan-2017Source: Lockheed Martin

Lockheed Martin [NYSE: LMT] will build on its 45-year legacy of integrated electronic warfare system success under a newly awarded U.S. Navy development contract to provide MH-60 helicopters with enhanced electronic warfare surveillance and countermeasure capabilities against anti-ship missile (ASM) threats. Lockheed Martin’s Advanced Off-Board Electronic Warfare (AOEW) Active Mission Payload (AMP) AN/ALQ-248 system, is... Read more

Sikorsky Awarded DARPA ALIAS Phase 3 Contract to Increase Aircraft Autonomy

Sikorsky Awarded DARPA ALIAS Phase 3 Contract to Increase Aircraft Autonomy

16-Jan-2017Source: Lockheed Martin

Sikorsky, a Lockheed Martin (NYSE: LMT) company, has won the contract for Phase 3 of the Defense Advanced Research Projects Agency’s (DARPA) Aircrew Labor In-Cockpit Automation System (ALIAS) program. DARPA’s ALIAS program is leveraging advances in autonomy to reduce pilot workload, augment mission performance, and improve aircraft safety and reliability. DARPA is working with Sikorsky... Read more

Sikorsky Establishes Scholarship through the MedEvac International Foundation

Sikorsky Establishes Scholarship through the MedEvac International Foundation

20-Dec-2016Source: Lockheed Martin

Sikorsky, a Lockheed Martin Company (NYSE: LMT) presented a $5,000 donation for the first annual Dr. Suzanne Wedel Scholarship for award by the MedEvac International Foundation.  The scholarship donation was presented at the Air Medical Transport Conference (AMTC) in Charlotte, North Carolina. “Dr. Wedel was a recognized expert and true leader, pioneering flight solutions for... Read more

Columbia CAA approves Sikorsky S76C, S76D and S92A

Columbia CAA approves Sikorsky S76C, S76D and S92A

1-Dec-2016Source: Lockheed Martin

Colombia’s civil aviation authority Unidad Administrativa Especial de Aeronáutica Civil (UAEAC) has approved the Offshore and Utility Type Certificate for Sikorsky’s S-76C™ series (C, C+, C++), S-76D™ and S-92A® helicopters. The certificate enables Colombia’s commercial aviation operators to add the multi-role helicopters for transportation of workers or cargo to offshore oil and gas rigs, as... Read more

Sikorsky Helicopter Maintenance Trainer Advances Engineering Program

Sikorsky Helicopter Maintenance Trainer Advances Engineering Program

23-Nov-2016Source: Sikorsky

Sikorsky, a Lockheed Martin company, and the Saskatchewan Indian Institute of Technologies (SIIT) today celebrated the transfer of an S-76A™ helicopter maintenance trainer to the Saskatchewan Aviation Learning Centre. Valued at CAD 1.3 million (USD 945,000), the non-flying, twin-engine helicopter with associated equipment and documentation provides an important learning tool for students pursuing a career... Read more

Lockheed Martin UAS and Optionally-Piloted Helicopters can work together

Lockheed Martin UAS and Optionally-Piloted Helicopters can work together

16-Nov-2016Source: Lockheed Martin

Lockheed Martin (NYSE: LMT) demonstrated for the first time how its suite of optionally-piloted helicopters and small unmanned aerial systems can work together to successfully locate and extinguish fires, pinpoint the location of a missing person, and bring that person to safety. “When lives are at risk, advanced human-machine teams can complete dangerous missions without... Read more

Sikorsky celebrates 10-Year Anniversary of S-92

Sikorsky celebrates 10-Year Anniversary of S-92

5-Nov-2016Source: Lockheed Martin

Sikorsky, a Lockheed Martin Company (NYSE: LMT) today celebrates the 10-year anniversary of the S-92® helicopter operating in China. Sikorsky made the announcement at Booth H6E1 during Airshow China. “Sikorsky holds a long-standing relationship with China, providing more than 30 years of service to the China civil aviation industry,” said Sikorsky’s Vice President for Strategy... Read more

Associated Aircraft Group expands offerings in the Northeast

Associated Aircraft Group expands offerings in the Northeast

4-Nov-2016Source: Lockheed Martin

Associated Aircraft Group, the Northeast’s largest premier executive Sikorsky S-76® helicopter service, today announced the continued expansion of its helicopter management program with the addition of three Sikorsky S-76 helicopters.  The announcement was made at the National Business Aviation Convention & Exhibition. AAG is a subsidiary of Sikorsky, a Lockheed Martin Company (NYSE: LMT). The... Read more

Sikorsky donates X2 to Smithsonian National Air and Space Museum

Sikorsky donates X2 to Smithsonian National Air and Space Museum

1-Nov-2016Source: Lockheed Martin

Sikorsky, a Lockheed Martin Company (NYSE: LMT), announced today the donation of its ground-breaking X2 Technology™ Demonstrator to the Smithsonian’s National Air and Space Museum at the Steven F. Udvar-Hazy Center. The X2 Technology™ Demonstrator is an experimental aircraft developed by Sikorsky to prove that a helicopter can double the speed of conventional rotorcraft designs... Read more

Lockheed Martin Announces FY2016 Q3 Earnings date

Lockheed Martin Announces FY2016 Q3 Earnings date

25-Oct-2016Source: Lockheed Martin

Lockheed Martin (NYSE: LMT) will webcast live its third quarter 2016 earnings results conference call on Tuesday, October 25, at 11 a.m. EDT. Marillyn Hewson, chairman, president and chief executive officer; Bruce Tanner, executive vice president and chief financial officer; and Jerry Kircher, vice president of investor relations, will discuss third quarter 2016 financial results,... Read more

CH-53K King Stallion Passes Initial Operational Testing

CH-53K King Stallion Passes Initial Operational Testing

25-Oct-2016Source: Lockheed Martin

Lockheed Martin (NYSE: LMT) today announced the CH-53K King Stallion successfully completed initial operational testing by the U.S. Marine Corps to verify the key capabilities of the heavy lift helicopter. The week-long operational assessment by Marine Corps pilots, aircrew and maintainers marked an important step in support of a Low Rate Initial Production (LRIP) Milestone... Read more

Sikorsky subsidiary PZL Mielec partners with university to develop skills

Sikorsky subsidiary PZL Mielec partners with university to develop skills

13-Oct-2016Source: PZL Mielec

Polish domestic aviation leader PZL Mielec, part of Sikorsky, a Lockheed Martin Company, has extended its relationship with Rzeszow University of Technology by working in partnership with the Faculty of Engineering and Aeronautics to develop and launch a postgraduate course in composite design.  With the use of composites in aerospace increasing, this new course aligns... Read more

Lockheed Martin Receives $49 Million U.S. Army Contract

Lockheed Martin Receives $49 Million U.S. Army Contract

6-Oct-2016Source: Lockheed Martin

The U.S. Army awarded Lockheed Martin (NYSE: LMT) a $49.3 million contract to upgrade the Modernized Target Acquisition Designation Sight/Pilot Night Vision Sensor (M-TADS/PNVS) on the AH-64E Apache helicopter. Under this contract, Lockheed Martin will produce an additional 42 Modernized Day Sensor Assembly (M-DSA) upgrade kits and spares for the U.S. Army as part of Lot... Read more

Lockheed Martin Signs LoI with Polish defence company PGZ

Lockheed Martin Signs LoI with Polish defence company PGZ

9-Sep-2016Source: Lockheed Martin

Global aerospace and security company Lockheed Martin (NYSE: LMT) has signed a wide ranging Letter of Intent (LoI) with Poland’s state owned defence company Polska Grupa Zbrojeniowa (PGZ) which could lead to Poland’s involvement in some of the world’s most innovative defence and security programmes. The agreement was signed today at the International Defence Industry Exhibition... Read more

Lockheed Martin awarded $67M contract for MH-60R radar work

Lockheed Martin awarded $67M contract for MH-60R radar work

25-Aug-2016Source: US DoD

Lockheed Martin Mission Systems and Training, Owego, New York, is being awarded a $67,600,195 firm-fixed-price, indefinite-delivery/indefinite-quantity contract for the non-recurring engineering, manufacture, and delivery of up to 103 AN/APS-153(V)1 automatic radar periscope detection and discrimination multi-mode radar kits to upgrade the MH-60R fleet aircraft.  Work will be performed at Farmingdale, New York (82.77 percent); Owego,... Read more

Universal Wiring completes delivery of 750 miles of cabling for AW101 upgrades

Universal Wiring completes delivery of 750 miles of cabling for AW101 upgrades

17-Aug-2016Source: Universal

Universal Wiring Systems announced that it had delivered 750 miles of electrical harnessing to complete the wiring phase of AgustaWestland’s Merlin Capability Sustainment Programme (MCSP). The company has provided harnesses for 30 Merlin Mk2 helicopters, each comprising 25 miles (41km) of wiring, which completes the MCSP deliverables. Awarded in 2005, the programme upgrades 30 of... Read more

Lockheed Martin updates last of 30 AW101 Merlins for UK military

Lockheed Martin updates last of 30 AW101 Merlins for UK military

10-Aug-2016Source: Lockheed Martin

The Ministry of Defence has taken delivery of the 30th upgraded Merlin Mk2 helicopter from industry. Lockheed Martin UK joined representatives from the Royal Navy and the Ministry of Defence for a ceremony to mark the handover of the final airframe at Leonardo’s facility in Yeovil, Somerset. For the last ten years, employees from both... Read more

CAE confirms sale and details of seven FTDs for UK

CAE confirms sale and details of seven FTDs for UK

8-Jul-2016Source: CAE

CAE was awarded a contract by Lockheed Martin to provide Airbus Helicopters H135/H145 synthetic training equipment in support of the United Kingdom’s Military Flying Training System (UKMFTS) program. CAE will provide a total of seven flight training devices (FTDs) and one command and tactics trainer (CTT) for the Airbus Helicopters H135/H145 family, which were recently... Read more

Lockheed Martin awarded $40M contract for MH-60R software product improvement

Lockheed Martin awarded $40M contract for MH-60R software product improvement

29-Jun-2016Source: US DoD

Lockheed Martin Corp., Owego, New York, is being awarded a $40,382,466 cost-plus-incentive-fee delivery order 4019, against a previously issued basic ordering agreement (N00019-14-G-0019), for non-recurring engineering efforts in support of the MH-60R aircraft for the integration of software product improvement.  These services are in support of the U.S. Navy and the Government of Australia.  Work... Read more

Lockheed Martin awarded $71M for MH-60R and MH-60S support

Lockheed Martin awarded $71M for MH-60R and MH-60S support

29-Apr-2016Source: US DoD

Lockheed Martin Mission Systems and Training, Owego, New York, is being awarded a $70,665,000 indefinite-delivery/indefinite-quantity contract to update and maintain operational, vendor, maintenance-related, flight test, and laboratory support software in support of the MH-60 R/S and SH-60B aircraft.  Work will be performed in Owego, New York, and is expected to be completed in September 2018. ... Read more

Lockheed Martin awarded $8.4M for MH-60 training

Lockheed Martin awarded $8.4M for MH-60 training

11-Apr-2016Source: US DoD

Lockheed Martin Mission Systems and Training, Owego, New York, is being awarded $8,475,334 for firm-fixed-price delivery order 4014 against basic ordering agreement N00019-14-G-0019 for non-recurring engineering efforts in support of the MH-60 R/S aircraft.  These efforts provide for the modification, testing, and qualification of three MH-60R/S avionics weapons replaceable assemblies.  These services are in support... Read more

Lockheed Martin warns of Sikorsky under-performance

Lockheed Martin warns of Sikorsky under-performance

9-Mar-2016Source: Lockheed Martin

The following is an extract from a recent 10-K filing with the Stock Exchange Commission:-  [can also be seen on Lockheed Martin website here].  It covers impacts in both civil markets – due to oil prices etc – and military markets, where the US DoD has expressed concerns regarding greater consolidation The acquired Sikorsky business... Read more

Lockheed Martin appoints VP and Treasurer

Lockheed Martin appoints VP and Treasurer

1-Mar-2016Source: Lockheed Martin

Lockheed Martin Corporation (NYSE: LMT) today announced that its board of directors has appointed John Mollard as vice president and treasurer, and elected Mollard as a corporate officer. His appointment is effective April 4. Mollard will succeed Ken Possenriede, who has served as corporate treasurer since July 2011. Possenriede will become vice president, Finance and... Read more

Lockheed Martin awarded $14M contract for Pakistan AH-1Z Target Sight System work

Lockheed Martin awarded $14M contract for Pakistan AH-1Z Target Sight System work

18-Jan-2016Source: US DoD

Lockheed Martin Corp., Missiles and Fire Control, Orlando, Florida, is being awarded a $14,221,556 cost-plus-fixed-fee undefinitized contract action for the procurement of non-recurring engineering requirements on the Target Sight System (TSS), including software development and testing, system modification, testing, and installation requirements necessary to configure the TSS to the requirements of the government of Pakistan. ... Read more

Lockheed Martin Conducts Collaborative UAS Demo

Lockheed Martin Conducts Collaborative UAS Demo

7-Dec-2015Source: Lockheed Martin

Lockheed Martin (NYSE: LMT) demonstrated its ability to integrate unmanned aircraft system (UAS) operations into the National Airspace System (NAS) using its prototype UAS Traffic Management (UTM) capabilities. During the demonstration on Nov. 18, the Stalker XE UAS provided data and a precise geolocation to the unmanned K-MAX cargo helicopter, which conducted water drops to... Read more

Lockheed Martin awarded $7.9M delivery order for H-60 receiver processors

Lockheed Martin awarded $7.9M delivery order for H-60 receiver processors

24-Nov-2015Source: US DoD

Lockheed Martin MS2, Owego, New York, has been awarded a maximum $7,931,000 firm-fixed-price delivery order (THCV) against corporate contract SPRWA1-13-D-2000 for receiver processors in support of the Navy H-60 program. This was a sole source acquisition using justification 10 U.S.C. 2304 (c)(1). Location of performance is New York, with a Jan. 31, 2019, performance completion... Read more

Sikorsky is now known as…

Sikorsky is now known as…

11-Nov-2015Source: Lockheed Martin

Lockheed Martin (NYSE: LMT) has closed its acquisition of Sikorsky Aircraft, a world leader in military and commercial rotary-wing aircraft. Aligned under the Lockheed Martin Mission Systems and Training (MST) business segment, Sikorsky Aircraft is now known as Sikorsky, a Lockheed Martin company. “Today we are proud to welcome the Sikorsky team to Lockheed Martin,”... Read more

Lockheed Martin to close Sikorsky deal on Friday

Lockheed Martin to close Sikorsky deal on Friday

4-Nov-2015Source: Lockheed Martin

Lockheed Martin (NYSE:LMT) has received the final regulatory approval needed to close its acquisition of Sikorsky Aircraft, a world leader in military and commercial rotary-wing aircraft, from United Technologies Corp. The completion of the regulatory review by the Ministry of Commerce of the People’s Republic of China marks the end of a successful and comprehensive... Read more

Lockheed Martin Delivers First Danish MH-60R to US Navy

Lockheed Martin Delivers First Danish MH-60R to US Navy

27-Oct-2015Source: Lockheed Martin

The U.S. Navy accepted the first MH-60R helicopter slated for Denmark from Lockheed Martin (NYSE: LMT) in a ceremony today at the Lockheed Martin facility in Owego, New York. “We are excited to accept this aircraft bound for Denmark,” said Rear Adm. CJ Jaynes, program executive officer for air anti-submarine warfare, assault and special mission... Read more

Lockheed Martin awarded $9.6M contract for AH-1Z turret work

Lockheed Martin awarded $9.6M contract for AH-1Z turret work

19-Oct-2015Source: US DoD

Lockheed Martin Corp., Missiles and Fire Control, Orlando, Florida, is being awarded a $9,638,771 cost-plus-fixed-fee modification to previously awarded basic order agreement N00164-11-G-JQ97-0015 for the procurement of the turret electronic unit (TEU) versatile performance switching production requirements, including test equipment station development and validation; circuit card assembly manufacture; test requirement document production; and engineering drawing... Read more

Lockheed Martin awarded $18M contract for AH-64D/E sensor ocomponents

Lockheed Martin awarded $18M contract for AH-64D/E sensor ocomponents

28-Sep-2015Source: US DoD

Lockheed Martin Missile and Fire Control, Orlando, Florida, was awarded a $18,088,906 firm-fixed-price indefinite-delivery/indefinite-quantity contract for field service representative support of the sensor components of the AH-64D/E Apache system, with an estimated completion date of Dec. 31, 2019.  One bid was solicited with one received. Funding and work location will be determined with each order.... Read more

Lockheed Martin to Upgrade Apache Targeting and Pilotage System

Lockheed Martin to Upgrade Apache Targeting and Pilotage System

13-Aug-2015Source: Lockheed Martin

The U.S. Army awarded Lockheed Martin (NYSE: LMT) a $21.7 million Lot 4 follow-on contract to continue production of the Modernized Day Sensor Assembly (M-DSA) for the AH-64E Apache attack helicopter. This first phase of upgrades to modernize the Apache’s Day Sensor Assembly includes producing Modernized Laser Rangefinder Designator (M-LRFD) kits. M-LRFD is the principal... Read more

Key milestones in the life of Sikorsky

Key milestones in the life of Sikorsky

21-Jul-2015Source: HeliHub.com

Lockheed Martin has issued an updated infographic today to show the Key Sikorsky Milestones from the founding of the company by Igor Sikorsky in 1923 through to its acquisition from United Technologies by Lockheed Martin, announced yesterday, Monday 20th July 2015. Lockheed Martin (NYSE: LMT) has entered into a definitive agreement to acquire Sikorsky Aircraft,... Read more

OFFICIAL – Lockheed Martin buys Sikorsky in $9 Billion deal

OFFICIAL – Lockheed Martin buys Sikorsky in $9 Billion deal

20-Jul-2015

Lockheed Martin (NYSE: LMT) has entered into a definitive agreement to acquire Sikorsky Aircraft, a world leader in military and commercial rotary-wing aircraft, for $9.0 billion. The price is effectively reduced to approximately $7.1 billion, after taking into account tax benefits resulting from the transaction. “Sikorsky is a natural fit for Lockheed Martin and complements our broad portfolio... Read more

Lockheed Martin tipped to buy Sikorsky

Lockheed Martin tipped to buy Sikorsky

13-Jul-2015Source: HeliHub.com

In the last week, Reuters were first to announce the apparent reduction in bidders for Sikorsky to two – Bell’s parent company Textron and Lockheed Martin.  Now the balance is clearly tipping in favour of Lockheed Martin, and figures around $8 billion are being suggested by the Sunday Times in the UK and the Wall... Read more

Lockheed Martin awarded $9.7M target sight contract for Saudi AH-64Es

Lockheed Martin awarded $9.7M target sight contract for Saudi AH-64Es

1-Jul-2015Source: US DoD

Lockheed Martin Corp., Orlando, Florida was awarded a $9,733,000 fixed-price-incentive foreign military sales contract (Saudi Arabia) to procure modernized target acquisition designation sights and post production support of the pilot night vision sensor for AH-64E helicopters. Work will be performed in Orlando, Florida with an estimated completion date of June 30, 2020. Bids were solicited... Read more

Lockheed Martin awarded $9.9M order for  H-60 flight computers

Lockheed Martin awarded $9.9M order for H-60 flight computers

7-Jun-2015Source: US DoD

Lockheed Martin MS2, Owego, New York, has been awarded a maximum $9,933,000 firm-fixed-price delivery order (0001) against corporate contract SPRWA1-13-D-2000 for flight computers in support of the NAVAIR H-60 program. This was a sole source acquisition using justification 10 USC 2304 (c)(1). Location of performance is New York, with an Oct. 31, 2018, performance completion... Read more

American Helicopter Museum and Education Center to recognise Jeff Bezos from Amazon

American Helicopter Museum and Education Center to recognise Jeff Bezos from Amazon

4-Jun-2015Source: Philly

A local museum will honor the founder and CEO of Amazon.com this week for innovative sky technology. See Full Story... Read more

Lockheed Martin awarded $8.5M delivery order for MH-60R/S GPS and ADS-B updgrades

Lockheed Martin awarded $8.5M delivery order for MH-60R/S GPS and ADS-B updgrades

1-Jun-2015Source: US DoD

Lockheed Martin Mission Systems and Training, Owego, New York, is being awarded an $8,463,768 modification to delivery order 4001 issued against a previously awarded basic ordering agreement (N00019-14-G-0019) for non-recurring efforts for integration of software modifications of Automatic Dependent Surveillance – Broadcast into Embedded Global Positioning System/Inertial Guidance units in support of the MH-60 R/S... Read more

Lockheed Martin Open to Acquisitions, But Won’t Comment on Sikorsky

Lockheed Martin Open to Acquisitions, But Won’t Comment on Sikorsky

29-May-2015Source: wsj

The head of Lockheed Martin Corp. on Wednesday declined to comment on whether the company was interested in buying all or part of Sikorsky Aircraft Corp., but said the company had the financial capacity for large deals. See Full Story... Read more

S-97 Raider has TTTech’s TTEthernet® Deterministic Ethernet Solution on Board

S-97 Raider has TTTech’s TTEthernet® Deterministic Ethernet Solution on Board

28-May-2015Source: BusinessWire

TTTech, the technology leader in robust networked safety controls, congratulates the Sikorsky and Lockheed Martin teams on the successful S-97 RAIDER™ helicopter first flight. TTTech supplies ruggedized COTS Deterministic Ethernet (TTEthernet®) switches and end systems via Lockheed Martin to the Sikorsky Aircraft Corporation S-97 RAIDER helicopter program. TTTech’s Deterministic TTEthernet networks were selected for the... Read more

Bell – Sikorsky merger is a possibility according to Citigroup analyst

Bell – Sikorsky merger is a possibility according to Citigroup analyst

22-May-2015Source: PBN

For United Technologies Corp., merging its Sikorsky helicopter unit with Textron Inc. could be a good alternative to a traditional spinoff. See Full Story... Read more

K-Max flies first ever collaborative unmanned casualty evacuation

K-Max flies first ever collaborative unmanned casualty evacuation

30-Apr-2015Source: Lockheed Martin

Dangerous frontline operations call for a safe and efficient method to locate and evacuate wounded personnel. To address this critical need and help save lives, Lockheed Martin (NYSE: LMT), Kaman Aerospace (NYSE: KAMN), and Neya Systems demonstrated the first ever collaborative unmanned air and ground casualty evacuation using the unmanned aerial system (UAS) Control Segment... Read more

Lockheed Martin awarded $10M for UAE AH-64 target sights

Lockheed Martin awarded $10M for UAE AH-64 target sights

29-Apr-2015Source: US DoD

Lockheed Martin Corp., Orlando, Florida, was awarded a $10,466,558 fixed-price-incentive foreign military sales contract (UAE) to procure AH-64 Helicopter Modernized Target Acquisition Designation Sight, performance based logistics, and contractor engineering technical service program. Work will be performed in Orlando, Florida, with an estimated completion date of April 27, 2019. One bid was solicited with one... Read more

How to Catch a Rocket With a Helicopter

How to Catch a Rocket With a Helicopter

16-Apr-2015Source: The Wall Street Journal

To bring down high costs, the Pentagon’s main space-launch provider is proposing a technique that sounds like a mixture of science fiction and circus act: catching rockets as they fall back to earth with an airborne hook so they can be reused. See Full Story... Read more

Lockheed Martin and Burns Engineering focus on improving pilot vision

Lockheed Martin and Burns Engineering focus on improving pilot vision

2-Mar-2015Source: Lockheed Martin

Lockheed Martin (NYSE: LMT) and H. N. Burns Engineering Corp. have agreed to collaborate on technology that enhances military helicopter pilots’ ability to fly in low visibility conditions caused by weather, dust or other obstructions. Known as degraded visual environments (DVE), the blinding conditions are a primary cause of major helicopter accidents. “Overcoming DVE challenges requires... Read more

Lockheed/Sikorsky JV awarded $2 Billion contract for H-60 weapon systems

Lockheed/Sikorsky JV awarded $2 Billion contract for H-60 weapon systems

1-Mar-2015Source: US DoD

Marine Helicopter Support Co., Trevose, Pennsylvania, is being awarded a $1,999,812,283 fixed-price performance based logistics requirements contract for 1,710 weapon replaceable assemblies/shop replaceable assemblies’ components in support of the H-60 aircraft. This effort will encompass the repair, modification, overhaul and replacement of hardware, including manufacturing of new material, as well as storage, requisition processing, obsolescence... Read more

Maritime Helicopter Support awarded $25M delivery order for H-60 components

Maritime Helicopter Support awarded $25M delivery order for H-60 components

17-Feb-2015Source: US DoD

Maritime Helicopter Support Co., Trevose, Pennsylvania, is being awarded $25,499,598 modification for firm-fixed-priced delivery order 0005 under previously awarded performance based logistics contract (N00383-11-D-0003F) in support of 1275 components of the H-60 aircraft. Work will be performed at Stratford, Connecticut (70 percent) and Oswego, New York, (30 percent) and work will be completed by January,... Read more

Obama proposes $663M for Lockheed programs

Obama proposes $663M for Lockheed programs

17-Feb-2015Source: Press Connects

The Obama administration’s $4 trillion 2016 budget released Monday proposes $663 million for two new helicopter programs that would involve work at Lockheed Martin facilities in Owego. See Full Story.  ... Read more

Lockheed Martin awarded $82M for US Army Apache Targeting/Night Vision System

Lockheed Martin awarded $82M for US Army Apache Targeting/Night Vision System

11-Feb-2015Source: Lockheed Martin

Lockheed Martin [NYSE: LMT] received an $82 million Performance Based Logistics (PBL) contract in December from the U.S. Army for AH-64 Apache helicopter Modernized Target Acquisition Designation Sight/Pilot Night Vision Sensor (M-TADS/PNVS) system sustainment. The firm, fixed-price contract is the foundation for a comprehensive sustainment solution that enables M-TADS/PNVS mission readiness, reduces operation and support... Read more

Lockheed Martin awarded $43.4M target sight contract, upgrading AH-1W to AH-1Z

Lockheed Martin awarded $43.4M target sight contract, upgrading AH-1W to AH-1Z

23-Dec-2014Source: US DoD

Lockheed Martin Corp. Missiles and Fire Control, Orlando, Florida, is being awarded $43,400,000 firm-fixed-price contract for procurement of 14 AN/AAQ-30 target sight systems (TSS) and data to be integrated into U.S. Marine Corps Cobra attack helicopters. This integration is part of the U.S. Marine Corps H-1 upgrades program for the remanufacture of legacy aircraft with... Read more

Lockheed Martin awarded $468M for CSAR and Marine One Programs

Lockheed Martin awarded $468M for CSAR and Marine One Programs

15-Dec-2014Source: Lockheed Martin

Today, U.S. Senators Charles E. Schumer and Kirsten Gillibrand announced that the Omnibus spending bill – a must-pass bill that funds the federal government through the end of the fiscal year – includes $368,086,000 for the Presidential Helicopter program and $100 million for the Combat Rescue Helicopter (CRH) program, two major helicopter construction projects being... Read more

Lockheed Martin Names Bridget Lauderdale Senior Vice President, Corporate Strategy And Business Development

Lockheed Martin Names Bridget Lauderdale Senior Vice President, Corporate Strategy And Business Development

3-Dec-2014Source: Lockheed Martin

Lockheed Martin [NYSE: LMT] has appointed Bridget Lauderdale, 48, to senior vice president for Corporate Strategy and Business Development and a corporate officer effective January 1, 2015. In her new role, Lauderdale will be responsible for enterprise business strategies and new business capture, and she will lead the Lockheed Martin business development organization with offices... Read more

Unmanned Team Of K-MAX® Helicopter And Indago Quad Rotor Demonstrate Firefighting Capability

Unmanned Team Of K-MAX® Helicopter And Indago Quad Rotor Demonstrate Firefighting Capability

19-Nov-2014Source: Lockheed Martin

A team of Lockheed Martin (NYSE: LMT) and Kaman (NYSE: KAMN) unmanned aircraft successfully demonstrated its ability to aid in firefighting operations. During the demonstration, the Indago quad rotor effectively identified hot spots, and provided data to an operator who directed the unmanned K-MAX helicopter to autonomously extinguish the flames. In one hour, the unmanned... Read more

Lockheed Martin delivers 200th MH-60R to US Navy

Lockheed Martin delivers 200th MH-60R to US Navy

14-Nov-2014

The U.S. Navy received its 200th submarine-hunting MH-60R “Romeo” helicopter from Lockheed Martin [NYSE: LMT] following a patch signing with Helicopter Maritime Strike Squadron Seven-Two (HSM-72). The cornerstone of the U.S. Navy’s anti-surface and anti-submarine operations, MH-60R helicopters have flown more than 250,000 hours in operation with the Fleet, providing increased surveillance and situational awareness.... Read more

Lockheed Martin wins $8M delivery order for MH-60R/S cockpit work

Lockheed Martin wins $8M delivery order for MH-60R/S cockpit work

6-Nov-2014Source: US DoD

Lockheed Martin Corp., Owego, New York, is being awarded $8,034,097 for delivery order 7035 issued under a previously awarded Basic Ordering Agreement (N00383-12-G-010F) for the repair of 16 items for the common cockpit for the H-60R/S helicopters. Work will be performed in Owego, New York, (61 percent); Farmingdale, New York, (33 percent); and Horsham, Pennsylvania... Read more

Lockheed Martin awarded $24M delivery order for MH-60R avionic improvements

Lockheed Martin awarded $24M delivery order for MH-60R avionic improvements

6-Nov-2014Source: US DoD

Lockheed Martin Mission Systems and Training, Owego, New York, is being awarded $24,022,053 for cost-plus-fixed-fee delivery order 4008 against a previously issued Basic Ordering Agreement (N00019-14-G-0019) for non-recurring engineering efforts for unique development, testing, validation and verification, and retrofit modifications to the MH-60R aircraft mission avionics systems for the government of Australia under the foreign... Read more

Lockheed Martin wins $90M Contract for Qatar Apache Targeting and Pilotage Systems

Lockheed Martin wins $90M Contract for Qatar Apache Targeting and Pilotage Systems

14-Oct-2014Source: Lockheed Martin

Lockheed Martin [NYSE: LMT] received a $90.6 million foreign military sale contract from the U.S. Army to provide Modernized Target Acquisition Designation Sight/Pilot Night Vision Sensor (M-TADS/PNVS) systems to the Qatar Emiri Air Force. Qatar marks the 14th international customer for the M-TADS/PNVS system. Fielded in 2005, M-TADS/PNVS provides Apache pilots with long-range, precision engagement... Read more

Lockheed Martin awarded $6.8M delivery order for MH-60R Digital Rocket Launcher updates

Lockheed Martin awarded $6.8M delivery order for MH-60R Digital Rocket Launcher updates

1-Oct-2014Source: US DoD

Lockheed Martin Mission Systems and Training, Owego, New York, is being awarded $6,861,233 for delivery order 4007 against a previously issued Basic Ordering Agreement (N00019-14-G-0019) for non-recurring engineering efforts for the integration of the Digital Rocket Launcher capabilities updates into the MH-60R and MH-60S avionics software. Work will be performed in Owego, New York (95... Read more

Lockheed Martin awarded $8.8M delivery order for MH-60 Terrain Awareness Warning System

Lockheed Martin awarded $8.8M delivery order for MH-60 Terrain Awareness Warning System

4-Sep-2014Source: US DoD

Lockheed Martin Mission Systems & Training, Owego, New York, is being awarded $8,879,035 for delivery order 4001 against a previously issued Basic Ordering Agreement (N00019-14-G-0019) for non-recurring efforts for software modifications required for MH-60 Terrain Awareness Warning System (TAWS II) and Automatic Dependent Surveillance – Broadcast enhancements, including integration of the TAWS II software into... Read more

Robots Moving Robots: Lockheed Martin Conducts First Fully Autonomous Mission

Robots Moving Robots: Lockheed Martin Conducts First Fully Autonomous Mission

20-Aug-2014Source: Lockheed Martin

Lockheed Martin [NYSE: LMT], in collaboration with the U.S. Army Tank Automotive Research, Development and Engineering Center (TARDEC), successfully conducted a fully autonomous resupply, reconnaissance, surveillance and target-acquisition demonstration using its Squad Mission Support System (SMSS) unmanned ground vehicle, K-MAX unmanned helicopter and Gyrocam optical sensor. During the “Extending the Reach of the Warfighter through... Read more

Unmanned K-MAX returns from USMC deployment Afghanistan

Unmanned K-MAX returns from USMC deployment Afghanistan

25-Jul-2014Source: US Marine Corps

After lifting more than 4.5 million pounds of cargo and conducting thousands of delivery missions for the U.S. Marine Corps, the Lockheed Martin LMT +1.11% and Kaman Aerospace Corporation KAMN -0.50% K-MAX cargo unmanned aircraft system (UAS) has returned to the United States following a nearly three-year deployment in Afghanistan. In 2011, K-MAX became the... Read more

Lockheed Martin awarded $11M MH-60R/S retrofit program contract

Lockheed Martin awarded $11M MH-60R/S retrofit program contract

20-Jun-2014Source: US DoD

Lockheed Martin Mission Systems & Training, Owego, New York, is being awarded an $11,333,603 firm-fixed-price, indefinite-delivery/indefinite-quantity contract for the production kits in support of the MH-60R/S Point and Click Operator System Interface and Link-16 retrofit programs. Work will be performed in Owego, New York (58 percent); Farmingdale, New York (17 percent); Everett, Washington (12 percent);... Read more

Lockheed Martin Kestrel™ Autopilot Now Available For International Sales

Lockheed Martin Kestrel™ Autopilot Now Available For International Sales

16-May-2014Source: Lockheed Martin

The Lockheed Martin [NYSE:LMT] Kestrel™ autopilot has received its commodity jurisdiction, allowing for quick, affordable deployments for international markets. The Kestrel autopilot and a version of the vertical takeoff and lift Indago system are no longer restricted by International Traffic in Arms Regulations (ITAR), and they are now controlled under the Export Administration Regulations. “We... Read more

Lockheed Martin awarded $38M contract for Danish MH-60R Advanced Data Transfer System

Lockheed Martin awarded $38M contract for Danish MH-60R Advanced Data Transfer System

16-May-2014

Lockheed Martin Mission Systems & Training, Owego, New York, is being awarded $38,530,708 for delivery order 4003 against a previously issued basic ordering agreement (N00019-14-G-0019) for non-recurring engineering in support of the MH-60 integration and testing of the Advanced Data Transfer System, including mission system and common cockpit suite. These services are in support of... Read more

Lockheed Martin awarded $6.7M delivery order for H-60R/S cockpit repair

Lockheed Martin awarded $6.7M delivery order for H-60R/S cockpit repair

8-May-2014Source: US DoD

Lockheed Martin Corp., Owego, New York, is being awarded $6,756,377 for firm-fixed-priced delivery order 7027 under previously awarded basic ordering agreement (N00383-12-G-010F) for the repair of 11 items for the command cockpit used in H-60R/S helicopters. Work will be performed in Owego, New York, (73 percent); Farmingdale, New York, (21.25 percent); Middletown, Connecticut, (2.5 percent);... Read more

Lockheed Martin wins $80M Contract for US and Indonesian Apache sensor systems

Lockheed Martin wins $80M Contract for US and Indonesian Apache sensor systems

6-May-2014Source: Lockheed Martin

The U.S. Army awarded Lockheed Martin (NYSE: LMT) a $80.6 million production contract for the Modernized Target Acquisition Designation Sight/Pilot Night Vision Sensor (M-TADS/PNVS) on the AH-64 Apache helicopter. This Lot 9 contract includes production of eight targeting and pilotage systems and spares for the U.S. Army and nine systems for the Indonesian Army. Indonesia... Read more

Lockheed Martin Marks Significant Milestone in R&D for Unmanned Technologies

Lockheed Martin Marks Significant Milestone in R&D for Unmanned Technologies

5-May-2014Source: Lockheed Martin

Three systems acquired by Lockheed Martin [NYSE: LMT] have progressed from their research and development phase to operational readiness. The Indago vertical take-off and landing (VTOL) quad-rotor, accompanied by its handheld ground control station (GCS) will offer a robust, mobile surveillance application. Additionally, a new Commercial Avionics Suite delivers the same performance and reliability that... Read more

Lockheed Martin awarded $7.2M order for H-60R/S cockpit repairs

Lockheed Martin awarded $7.2M order for H-60R/S cockpit repairs

21-Apr-2014Source: US DoD

Lockheed Martin Corp., Owego, N.Y., is being awarded $ 7,265,034 for firm-fixed-priced delivery order 7026 against a previously awarded basic ordering agreement (N00383-12-G-010F) for the repair of 12 items of the common cockpit for H-60R/S helicopters. Work will be performed at Owego, N.Y. (77 percent); Farmingdale, N.Y. (9 percent); Phoenix, Ariz. (6 Percent); Salt Lake... Read more

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