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Latest Federal & Government Contracting Companies' News Coverage
A Strategy Analytics report predicts global defense spending to hit $2.41 trillion over the next eight years at a compound annual growth rate of 3.7 percent. Strategy Analytics said Monday its report suggests that the Trump administration’s push to restore U.S. military leadership has reflected in the White House’s proposed budget for fiscal 2019. The FY 2019 […] More
Lockheed Martin has begun to develop a new missile designed to target and destroy incoming projectiles through the use of a radar system and kinetic energy, the New York Post reported Friday. The company has recently tested in New Mexico the Miniature Hit to Kill Missile platform, which is based on the technology used in the […] More
The U.S. Navy has awarded potential three-year contracts to business units of Cubic and Lockheed Martin to develop quantitative methods to assess and explore combined arms concepts for urban military operations. Cubic’s defense applications business and Lockheed’s rotary and mission systems unit are two of the five selected contractors for a project that will revolve around human capacities, systems, plans, software […] More
U.S. aerospace companies have shown interest in launching rockets from Brazil during a visit to the country’s Alcantara military base in December, Reuters reported Friday. Representatives from Boeing, Lockheed Martin, Microcosm, SpaceX and Vector Space Systems participated in the trip that was organized by Rubens Barbosa, a former Brazilian ambassador to U.S. Raul Jungmann, Brazil’s defense […] More
Lockheed Martin and Fincantieri have performed the keel-laying for the USS Minneapolis-Saint Paul littoral combat ship at latter company’s Marinette Marine site in Wisconsin. The companies are currently conducting the Freedom-class LCS’ full-rate production, having delivered five of them to the U.S. Navy, Lockheed said Thursday. During the keel-laying ceremony, Jodi Greene, the ship’s sponsor, had her initials welded […] More
Orbital ATK celebrates manufacturing 5,000 total composite parts for the F-35 aircraft. The company said Wednesday its Clearfield, Utah facility is responsible for manufacturing nearly 90 percent of the F-35’s wing skins, fixed skins, engine nacelles and access covers, using automated fiber placement machines. Janicki Industries furnishes the parts for further engineering viability before the final delivery to Lockheed […] More
Lockheed Martin has unveiled a new software platform designed to help operators manage various unmanned aircraft vehicles simultaneously during intelligence, surveillance and reconnaissance missions. VCSi is engineered to support operation of multiple dissimilar vehicles at once and modular customization based on mission requirements, the company said Tuesday. John Molberg, manager of business development at Lockheed’s CDL systems unit, […] More
Lockheed Martin has started a testing a communications satellite that the company currently develops for Saudi Arabia-based satellite operator Arabsat. Lockheed said Tuesday the Arabsat-6A satellite will undergo a series of tests at the company’s Sunnyvale, California facility to validate whether the spacecraft is ready to operate in orbit. Arabsat CEO Khalid Balkheyour said Arabsat-6A will join […] More
NASA has announced the launch date of a second weather satellite in the National Oceanic and Atmospheric Administration’s Geostationary Operational Environmental Satellite-R Series as March 1. GOES-S will lift off at Cape Canaveral Air Force Station’s 41st Space Launch Complex in Florida aboard an Atlas V rocket during a two-hour window opening at 5:02 p.m. Eastern time, NASA said Wednesday. The  Lockheed […] More
Lockheed Martin‘s Sikorsky subsidiary has moved forward to the final assembly phase of a combat rescue helicopter under a potential $1.5 billion contract from the U.S. Air Force. Lockheed said Tuesday the current assembly schedule for the first HH-60W Combat Rescue Helicopter will allow the company to deliver the aircraft to USAF for an initial flight […] More
Norway’s defense ministry has concluded the verification procedure for a drag chute system of the F-35 aircraft Lockheed Martin built for the Norwegian air force. The verification occurred Friday at Orland Air Force Base as the U.S. Air Force‘s conducted an F-35A cold-weather test round at Eielson Air Force Base in Alaska, Lockheed said Tuesday. Lockheed delivered the […] More
Lockheed Martin has received a $50.9 million contract modification to produce and engineer twin line towed-array sonars for the U.S. Navy. The company will supply two TL-29A systems as well as provide one spare array and refurbishment services to the program executive office for submarines at the service branch’s Maritime Surveillance Systems Program Office, the […] More
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