News

Restoration Initiated of Damaged US Navy Destroyer, USS Fitzgerald

September 23, 2017 @ 09:04 AM

Lockheed Martin Rotary and Mission Systems (LM RMS) is being awarded a $15,475,217 firm-fixed price modification to a previously awarded contract (N00024-14-C-5114) to support the restoration of USS Fitzgerald (DDG 62). “This procurement is to initiate restoration of USS Fitzgerald (DDG 62) leading to mission ready condition,” a US DoD contract announcement said Friday
Iran Test-fires 2000 KM Range Ballistic Missile

September 23, 2017 @ 08:29 AM

Iranian state broadcaster showed footage of the successful test-launch of its new ballistic missile, Khorramshahr, a few hours after it was unveiled during a military parade in Tehran. Video footage aired by the Islamic Republic of Iran Broadcasting (IRIB) on Friday showed the missile believed to be a 2000 KM range intermediate range ballistic missile (IRBM) which brings several targets in the Middle East within it range
Lockheed Martin to Provide System Upgrades to Japanese Aegis Weapon System Baseline

September 23, 2017 @ 01:22 AM

Lockheed Martin is being awarded a $49 million modification contract to provide equipment upgrades and spares to the Aegis Weapon System baseline, systems engineering, and staging services in support of the Japanese Computer Program Test Site. Work is expected to be completed by September 2020, the US department of Defense said in a statement Friday
Lockheed Martin Wins $53M to Supply MK48 CBASS Torpedo Kits to Australia,...

September 23, 2017 @ 01:13 AM

Lockheed Martin is being awarded a $53 million modification contract for the production of Mk 48 Mod 7 guidance and control sections and Mk 48 Mod 7 Common Broadband Advanced Sonar System (CBASS) functional item replacement kits for Australia, Netherlands, Canada, Turkey and US Navys. The contract also includes factory test equipment, spares, production support material and related engineering services and hardware support for guidance and control sections and CBASS kits, the US department of Defense said in a statement Friday
General Dynamics Wins $341 Million to Support Spanish In-service Nuclear Submarines

September 23, 2017 @ 12:58 AM

General Dynamics Electric Boat has won $341 million modification contract for design agent, planning yard, engineering and technical support for Spanish in-service nuclear submarines. The contract provides for drawings and related technical data; design change documentation; logistics technical data; configuration management; hull, mechanical and electrical engineering; submarine safety design review; non-propulsion plant electrical system engineering; propulsion plant engineering; maintenance engineering and refit/availability technical support, the US department of Defense said in a statement Friday
S&K Wins $559 Million Contract To Supply Consumables for Saudi Arabian F-15...

September 23, 2017 @ 12:30 AM

S&K Aerospace has been awarded a $559 million contract for the Royal Saudi Air Force (RSAF) supply services effort. This program is comprised of logistical in-Kingdom support, supply consumables for F-15 C/D/S/SA fleets, and operation and maintenance of print plant and print on demand facilities for the RSAF F-15 program, the US department of Defense said in a statement Friday
Austrian Parliamentary Report Found No Evidence On Bribery Charges In Eurofighter Deal

September 22, 2017 @ 04:07 PM

An Austrian Parliamentary report looking into a 2003 Eurofighter Typhoon deal has failed to find evidence in support of claims that Airbus had bribed local officials to approve the deal,
Proposal Deadline For Canada’s $60B Navy Frigates Program Pushed To November 17

September 22, 2017 @ 03:48 PM

Canadas Public Services and Procurement Department has issued a new deadline of November 17 to defense firms and shipbuilders for submitting the proposal for the countrys $60 billion Navy frigates program, CBC News reports. Participating firms were originally supposed to have their designs submitted for the Liberal government's plan to buy 15 new surface combat vessels in April and again pushed to June
F-16V International Orders Cast Doubts Over Lockheed Martin's Make-in-India Program

September 22, 2017 @ 12:56 PM

Lockheed Martin's offer of moving its F-16 manufacturing facility to India may be in doubt following a large order from Bahrain for the F-16's latest version, the "V" together with issues over transferring critical technology to Indian companies. When Lockheed Martin announced the F-16V a couple of years ago, it came at a time when the Indian government was pushing for the replacement of its MiG-21 fleet with a latest generation single-engine aircraft to be made in India for use by the Indian Air Force (IAF) besides for export
N. Korea Threatens Nuclear Bomb Test Over Pacific Ocean After Trump’s UN...

September 22, 2017 @ 12:46 PM

North Koreas foreign minister has warned that Pyongyang could test a powerful nuclear weapon over the Pacific Ocean in response to US President Donald Trump's threats of military action during UN meeting. Ri Yong-ho, who is due to address the UN general assembly at the weekend, told reporters in New York: “It could be the most powerful detonation of an H-bomb in the Pacific

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