Lockheed Martin has said it expects its partner MBDA to submit a proposal to Germany’s defense ministry by early August to begin negotiations with the country’s government on a potential $4.5 billion missile defense system, Reuters reported Tuesday. Andrea Shalal writes that Rick Edwards, executive vice president of Lockheed’s missiles and fire control business, has indicated negotiations for the Medium Extended Air Defense System could start […] More

Germany may not be able to wrap up by the end of 2016 a potential $4.5 billion deal with Lockheed Martin and MBDA for a missile defense system, Reuters reported Sunday. Andrea Shalal writes Ralf Brauksiepe, Germany’s state secretary, wrote in a document released Friday that it is uncertain whether the Medium Extended Air Defense System program […] More

Lockheed Martin will provide the United Arab Emirates’ space agency a four-month dual-track training program designed to teach students and early career professionals space fundamentals. The company said Sunday that it will support students and professionals seeking to have a long-term career in the space industry. Lockheed will conduct the training within its center for innovation and […] More

Australia’s defense science and technology organization has partnered with Lockheed Martin to develop radar technology for detecting and tracking small, fast-moving targets at a very long range, Defense News reported Friday. Nigel Pittaway writes the Australian DST Group and Lockheed completed the first phase of validation work on ‘over-the-horizon’ radar technology as part of Project Coorong. The report said Lockheed invested in […] More

Lockheed Martin and MBDA aim to finalize an estimated $4.5 billion deal with Germany for the Medium Extended Air Defense System by the end of this year, Reuters reported Thursday. Andrea Shalal writes Thomas Homberg, a managing director at MBDA, told Reuters the German government has expressed “strong support” for the procurement effort and he expects the deal to receive parliamentary approval before the […] More

Lockheed Martin has received a $54.9 million contract from the U.S. Navy to update mission computers, armament and ordnance systems, displays and controls and acoustic equipment on eight P-3C Orion maritime surveillance planes for Germany. The P-3C Mission System Refresh Program will cover long-lead items procurement, non-recurring engineering, design and build, integration, planning and software development services, the Defense Department said Wednesday. Lockheed’s […] More

The U.S. Navy has completed the flight tests for Lockheed Martin-developed ballistic missiles as part of a naval operation to confirm the deployment readiness of an overhauled submarine. Two unarmed Trident II D5 Fleet ballistic missiles were launched from an Ohio-class submarine in the Pacific Ocean during the demonstration on Nov. 7 and 9, Lockheed said […] More

John Casper is vice president of finance for the defense systems group at Orbital ATK. He brings more than two decades of experience in mergers and acquisitions, business integration and financial reporting to his role and oversees the aerospace company’s armament systems, digital electronics and missile products businesses. Prior to joining Orbital ATK, Casper spent […] More

A new Research and Markets report predicts the worldwide market for surface combatants and naval vessels will be worth $47.2 billion in the next 10 years. The market research firm said Friday the market is poised to grow from $35.9 billion in 2015 at a compound annual growth rate of 2.79 percent by 2025. The […] More

Boeing and its industry partners in the AH-64E Apache program are exploring business opportunities with the Polish Armaments Group as part of an initiative in support of Poland’s defense modernization program. The company said Thursday it is working with partners General Electric, Lockheed Martin, Longbow and Raytheon to engage with the consortium of Polish state-owned defense companies. “We are […] More

Mark Aslett, CEO of Mercury Systems, predicts the company will be open to acquisitions in the digital signal processing modules market during the next year, the Boston Business Journal reported Tuesday. David Harris writes Aslett said the firm could expand its portfolio by purchasing companies with radio frequency or microwave offerings for electronic warfare. The […] More