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Lockheed Martin

Lockheed Martin is a major American aerospace, arms, defense, information security and technology company actively involved in research, design, and development.

Trump Administration May Reboot Lockheed Martin’s F-16 India Plans

February 9, 2017 @ 01:57 PM

The US Trump administration may want a fresh look at Lockheed Martins proposal to move production of F-16 fighter jets to India. "We've briefed the Administration on the current proposal, which...

Leonardo To Go It Alone In USAF T-X Trainer Aircraft Competition

February 9, 2017 @ 11:36 AM

Leonardo has confirmed its participation in the US Air Force $16.3 billion T-X trainer competition alone

F-35 Fighter Jet Price Drops Below US$100 Million A Piece

February 6, 2017 @ 02:49 PM

The next lot of F-35 aircraft (LRIP 10) reflects a $728M reduction in the total price when compared to Lot 9 and marks the first time the price for an...

Lockheed Martin Wins $166 Million US Navy’s Electronic Automated Support System Contract

February 2, 2017 @ 01:45 AM

Lockheed Martin is being awarded $166 million contract for the full-rate production of 36 electronic Consolidated Automated Support Systems. This contract also provides for sustaining logistics and engineering support

After Raytheon-Leonardo, Northrop-BAE Systems Team Backs Out Of USAF T-X Trainer Program

February 2, 2017 @ 01:35 AM

Northrop Grumman and BAE Systems have decided not to submit a proposal for the US Air Force T-X Trainer program after carefully examining requirements and acquisition strategy as stated in...

Lockheed Martin Inks US Navy Contract To Provide Radar Kits

February 1, 2017 @ 08:52 AM

Lockheed Martin has won nearly $66 million in contracts from US Navy to produce Automatic Radar Periscope Detection and Discrimination (ARPDD) radar units. The multi mode radar kits will be used...

India's Proposed Naval Fighter Jet Procurement Could Be Worth US$12 Billion

January 30, 2017 @ 01:22 PM

The Indian Navys January 17 RFI for the procurement of 57 naval fighters could be worth US$12 billion for the selected foreign supplier. India needs the fighter jets for its second...

Raytheon-Leonardo Withdraws From USAF T-X Trainer Competition

January 27, 2017 @ 12:19 PM

Raytheon and Leonardo have decided not to jointly pursue the U.S

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October 18, 2024 @ 11:06 AM

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RTX Corp to Pay Over $950M in Settlement Over Fraud, Bribery in U.S., Qatar Contracts

October 18, 2024 @ 10:43 AM

RTX Corporation, formerly known as Raytheon, has agreed to pay over $950 million to settle allegations of fraud and bribery, including inflated costs on contracts for Patriot missile systems and illegal payments to secure defense deals with Qatar

Airbus to Eliminate 2,500 Jobs from its Defence & Space Division

October 18, 2024 @ 09:22 AM

Airbus Defence and Space plans to reduce up to 2,500 positions in its workforce by mid-2026 due to ongoing challenges in the defense and space sectors

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