New York (AirGuideBusiness - Aerospace & Defense News - Defense North America) Jan 20, 2013
Lockheed Martin Lockheed, General Dynamics pursue health care work. Major weapons-makers Lockheed Martin and General Dynamics have pursued and won multimillion-dollar health care contracts, work that provides revenue at a time when defense budgets are being cut. "It's where the money is," said Bill Loomis, an analyst with Stifel, Nicolaus & Co. in Baltimore Jan 18, 2013
Lockheed Martin Pentagon awards Lockheed up to $4.9B in F-35 contracts. Lockheed Martin's F-35 Joint Strike Fighter program has been awarded up to $4.9 billion in funding from the Pentagon. Under the deal, Lockheed will provide 31 of the fighter planes and additional parts and support. Jan 17, 2013
Lockheed Martin Lockheed to build 2 Air Force communications satellites. The Pentagon has awarded Lockheed Martin a $1.9 billion contract to build two new satellites for the Air Force. The new communications satellites will be the fifth and sixth that are part of the Air Force's Advanced Extremely High Frequency satellite program. Some of those satellites would allow communications between the military and the U.S. president in the event of nuclear war.E Jan 17, 2013
Lockheed Martin Lockheed is optimistic about foreign sales of warships, helicopters. Lockheed Martin is upbeat about the possibilities of selling its warships and helicopters abroad, especially as nations in the Asia-Pacific region get to see the products in action in the new U.S. focus in that part of the world. "When LCS gets over in the region, we might see more momentum and acceleration," said Michele Evans, a company vice president at Lockheed, about the company's Littoral Combat Ship. Jan 16, 2013
Lockheed Martin RCAF aircraft debate missing key point. Canadians are engaged in a very public and very divisive debate about the purchase of Lockheed MartinOs F-35 Lightning to replace the CF-188 Hornet fighter aircraft. Advocates against the purchase focus their arguments exclusively on the cost of the fighter, without looking at any other crucial factors. Our current jet fighter, originally purchased in the 1980s, will be approaching military irrelevance when it is finally replaced. The only aircraft that qualify for their Ogolden yearsO lie in museums and collections. The HornetOs replacement will have to meet the new challenges presented by weapons that have not yet been invented, in conflicts that have not yet begun...