Media - Lockheed Martin - Releases

Lockheed Martin has provided specialized maintenance for the MK48 torpedoes since 2007. “Lockheed Martin is appreciative and proud of our more than decade long relationship with the …

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Lockheed Martin To Enhance US Navy MK 48 Torpedo In $245M Deal

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Dec 6, 2024 · Lockheed Martin has clinched a $245-million contract extension from the US Naval Sea Systems Command for the MK 48 Guidance and Control (G&C) program.. The G&C …

thedefensepost.com

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Media - Lockheed Martin - Releases

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Dec 4, 2024 · Bethesda, Md., Wednesday, December 4, 2024 – The U.S. Naval Sea Systems Command (NAVSEA) has awarded Lockheed Martin (NYSE: LMT) a $245 million dollar …

lockheedmartin.com

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> U.S. Department Of Defense > Contract

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Feb 24, 2023 · Operation and maintenance funds for $9,576,665 are obligated for fiscal 2023 to fund the period of performance, which runs from Feb. 17, 2023, through Oct. 16, 2023, with a …

defense.gov

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Lockheed Martin To Enhance U.S. Navy MK 48 Torpedo In $245M …

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Dec 6, 2024 · The G&C component will enhance the capabilities of the Mod 7, the latest version of the MK 48 submarine-launched torpedo. A former US Navy submarine commander, Tom …

cnas.org

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Lockheed Awarded $245M Navy Contract Extension For MK-48 …

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Dec 6, 2024 · In 2022, the Navy awarded Lockheed Martin RMS a $302.2 million contract for the procurement of MK-48 heavyweight submarine-launched torpedoes. Video of the Day Receive …

govconwire.com

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Lockheed Unit Secures Potential $92M Contract To Help Maintain …

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Feb 27, 2023 · A Lockheed Martin (NYSE: LMT) business unit will help the U.S. Navy engineer and maintain Mark 48 heavyweight torpedoes under a potential five-year, $91.9 million …

govconwire.com

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Lockheed Martin's (LMT) Arm Wins $302M Deal For MK 48 Torpedo

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Dec 19, 2022 · Lockheed Martin Corporation’s LMT business unit, Rotary and Mission Systems, recently clinched a contract involving the MK 48 torpedo. The Naval Sea Systems Command, …

nasdaq.com

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Lockheed To Provide MK48 Maintenance - Defense Industry Daily

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Work will take place in Fort Worth, Texas, and is expected to be completed in January 2029. Lockheed Martin Sippican won a $14 million contract modification to exercise options for …

defenseindustrydaily.com

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U.S. Navy Awards Lockheed Martin $35 Million Torpedo Support …

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COLORADO SPRINGS, Colo., Feb. 4 /PRNewswire/ -- The U.S. Naval Sea Systems Command has awarded Lockheed Martin (NYSE: LMT) a Mk48 Torpedo support task order, which …

lockheedmartin.com

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Lockheed Unit Awarded $302M Torpedo Support Contract For US, …

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Dec 19, 2022 · A development partnership between the two countries achieved initial operational capability status for the MK 48 Mod 7 torpedo, the latest version of the underwater weapon …

govconwire.com

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US Navy Contracts Lockheed For MK 48 Mod 7 Torpedo Guidance …

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May 25, 2016 · The U.S. Naval Sea Systems Command has awarded Lockheed Martin Sippican a $72,8 million contract for the procurement of MK 48 Mod 7 heavyweight torpedo guidance and …

navaltoday.com

FAQs about Media - Lockheed Martin - Releases Coupon?

Does Lockheed Martin maintain Mk48 torpedoes?

In addition, the company conducts intermediate-level maintenance for both the exercise and wartime-ready ‘warshot’ configurations of the MK48 torpedoes. The original contract was awarded to Lockheed Martin in March and the company has delivered specialised maintenance services for the MK48 torpedoes since 2007. ...

What is a Lockheed Martin Mk 48 Mod 7 CBASS torpedo?

What’s Favoring Lockheed Martin? The MK 48 Mod 7 CBASS torpedo is the U.S. Navy’s most capable and potent anti-surface and anti-submarine weapon in use aboard U.S. Navy and allied submarines. Moreover, it has been designed to be exceedingly lethal and effective against threats operating in deep and shallow waters. ...

Why does Lockheed Martin modernise submarine-launched torpedoes?

Lockheed Martin carries out modernisation works on the heavyweight submarine-launched torpedoes in order to ensure that a sufficient number of ready-for-issue weapons are available to the US Navy’s Fleet Commanders. ...

Why are military torpedoes being used in underwater warfare missions?

Nations are increasing defense spending to strengthen their defense structure. In such a scenario, military torpedoes, which are an integral part of underwater warfare missions, are expected to witness an increase in demand as these assists the Navy in carrying out underwater missions effectively. ...