Lockheed wins $451 million U.S. defense contract: Pentagon
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Lockheed Martin (LMT) & Northrop Grumman Corp. (NOC) Joint Venture, Longbow LLC, Secures $170.5M Contract for Apache AH-64E Fire Control Radar Systems
July 18, 2018 6:00 AM EDTLONGBOW Limited Liability Company (LLC) and the U.S. Army have definitized contracts valued at $170.5 million to provide LONGBOW Fire Control Radar (FCR) hardware for Apache AH-64E helicopters supporting U.S. Army lots 7 and 8 plus three international customers.
LONGBOW LLC is a joint venture of Lockheed Martin (NYSE: LMT) and Northrop Grumman Corporation (NYSE: NOC).
The... More
Lockheed Martin (LMT) & ThalesRaytheonSystems Announce JV to Provide NATO Alliance with Battlespace Intelligence System
July 17, 2018 12:18 PM EDTLockheed Martin (NYSE: LMT) and ThalesRaytheonSystems are joining forces to provide the NATO Alliance with a territorial Ballistic Missile Defence (BMD) command and control capability. This Teaming Agreement, signed in the presence of Raytheon and Thales, the two shareholders of the joint venture, establishes a transatlantic team that combines the depth and breadth of decades of expertise from Lockheed Martin and Raytheon, with the European air command and control capabilities of Thales. The overall team will include industry representatives from across the Alliance to deliver a low risk capability for NATO's Air Command... More
