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Latest Federal & Government Contracting Companies' News Coverage

Latest Federal & Government Contracting Companies' News Coverage

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Lockheed Martin has received a $60.5 million firm-fixed-price contract to produce an electromagnetic warfare system designed to enhance the U.S. Army’s airborne combat capabilities. Services related to the AN/APR-48B Modernized-Radar Frequency Interferometer will also be provided under the award, the Department of Defense said Wednesday. The AN/APR-48B system is designed to acquire targets for the fire control […] More
The U.S. Army awarded Lockheed Martin‘s missiles and fire control business a $23 million contract to provide engineering services for a common ignition safety device for the PATRIOT Advanced Capability-3 missile segment. The cost-plus-incentive-fee contract is expected to be performed in Grand Prairie, Texas, until April 28, 2025, the Department of Defense said Monday. Lockheed […] More
The U.S. Army awarded Lockheed Martin's missiles and fire control business a $23 million contract to provide engineering services for a common ignition safety device for the PATRIOT Advanced Capability-3 missile segment. The cost-plus-incentive-fee contract is expected to be performed in Grand Prairie, Texas, until April 28, 2025. More
Lockheed Martin‘s venture capital arm made a strategic investment in South 8 Technologies, which developed a novel lithium-ion battery that uses liquefied gas electrolyte. South 8 said Wednesday that it received support from Lockheed Martin Ventures, as well as LG Technology Ventures, Foothill Ventures and Anzu Partners. The company’s LiGas technology was designed to increase […] More
Lockheed Martin has completed preliminary design reviews of all major subsystems of its Next Generation Interceptor, which is being developed for the Missile Defense Agency. The ground-based interceptor will undergo another major PDR review before moving on to the critical design review phase then the eventual delivery stage set for early 2027, the company said […] More
Lockheed Martin unveiled a 20,000-square-foot manufacturing site that will be used to assemble small satellite programs and technologies. The company announced Friday the facility at its Waterton, Colorado, will help expedite the delivery of Tranche 1 Transport Layer satellites to the Space Development Agency. Lockheed is currently working to complete more than 50 Transport Layer […] More
Lockheed Martin will develop a 500 kilowatt-class laser as part of its new contract with a Department of Defense office. The project is the second stage of the Office of the Undersecretary of Defense for Research and Engineering’s High Energy Laser Scaling Initiative, which started with a 300 kw-class version, Lockheed said Friday. The 300-kW […] More
Lockheed Martin obtained initial operational capability declaration from the U.S. Special Operations Command for its Dry Combat Submersible. The IOC affirms the safety of the vehicle for Special Operations Forces needing to get in and out undetected while the vessel is entirely submerged at sea, Lockheed said Monday. The Dry Combat Submersible, which was built […] More
A General Services Administration report shows that Lockheed Martin, RTX and General Dynamics emerged as the top three vendors that secured the most federal contracting dollars in fiscal year 2022, The Hill reported Friday. Lockheed received $47.7 billion in FY 2022 government contracts, up 13 percent from $42.1 billion in the past fiscal year. Of […] More
Lockheed Martin‘s rotary and mission systems business has secured a $99 million contract to incorporate survivability and lethality features into the integrated tactical training system for the U.S. Navy’s Littoral Combat Ships. The Department of Defense said Tuesday contract work includes technical updates to hardware and software, cybersecurity and installation of trainers. RMS will also […] More
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