Lockheed (LMT) Wins $131M Deal to Support ARTS-V2 Systems

Jun 22, 2022 · Lockheed (LMT) is going to provide for the exercise of Options Three and Four for an additional quantity of eight ARTS-V2 systems, being produced under the basic contract.

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Lockheed (LMT) Wins $131M Deal To Support ARTS-V2 Systems

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Jun 22, 2022 · Lockheed (LMT) is going to provide for the exercise of Options Three and Four for an additional quantity of eight ARTS-V2 systems, being produced under the basic contract.

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Lockheed (LMT) Wins $131M Deal To Support ARTS-V2 Systems

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With the rapid escalation of geopolitical tensions globally in recent times, developed and developing nations have been boosting their defense arsenal significantly. Radars constitute a vital part of this arsenal. The demand for military radar systems has expanded manifold in recent times, driven by factors like the rise in the defense spending of ...

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Lockheed (LMT) Wins $131M Deal To Support ARTS-V2 Systems

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Jun 22, 2022 · Lockheed (LMT) is going to provide for the exercise of Options Three and Four for an additional quantity of eight ARTS-V2 systems, being produced under the basic contract.

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Lockheed Martin Continues Development Of ARTS V-2

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Oct 18, 2021 · Lockheed Martin has been awarded a contract modification valued at over $80 million by the US DoD for the existing Advanced Radar Threat System – Variant 2 (ARTS-V2) …

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Lockheed Martin Wins USAF Contract For Future Radar Threat …

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Jun 22, 2017 · Lockheed Martin has been awarded with a $104 million contract by the USAF to develop, produce and field a threat simulator for future combat aircrew training. The program, …

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Lockheed Martin's Future Radar Threat System Selected For …

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PARIS, June 21, 2017 /PRNewswire/ -- The U.S. Air Force has awarded Lockheed Martin (NYSE: LMT) a $104 million contract to develop, produce and field a threat simulator for future combat …

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LMT / Lockheed (LMT) Wins $131M Deal To Support ARTS-V2 …

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LMT / Lockheed (LMT) Wins $131M Deal to Support ARTS-V2 Systems . Lockheed (LMT) is going to provide for the exercise of Options Three and Four for an additional quantity of eight …

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Lockheed Martin Unit Wins $108M Air Force Deal For ARTS-V2

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Jun 13, 2017 · Lockheed Martin Corp.'s (LMT) business unit, Missiles and Fire Control (MFC), has won a contract from the U.S. Air Force for Advanced Radar Threat System Variant 2 (ARTS-V2).

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Lockheed (LMT) Wins Contract To Support AEGIS Combat System

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Nov 20, 2023 · Lockheed Martin Corp.’s LMT business segment, Rotary and Mission Systems, recently clinched a modification contract involving AEGIS combat system. Valued at $30.5 …

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LMT Unit Secures $579M Contract To Support Japan's ASEV

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Dec 2, 2024 · Lockheed Martin Corporation’s LMT business unit, Rotary and Mission Systems, has been awarded a modification contract of $579 million to support the Japan government’s Aegis System Equipped ...

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Lockheed Martin Unit Wins $108M Air Force Deal For ARTS-V2

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Jun 13, 2017 · Lockheed Martin Corp. 's LMT business unit, Missiles and Fire Control (MFC), has won a contract from the U.S. Air Force for Advanced Radar Threat System Variant 2 (ARTS …

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LMT Wins $73M Deal To Support MK 41 Vertical Launching System

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Dec 16, 2024 · Lockheed Martin Corp. (LMT Quick Quote LMT - Free Report) recently announced that its unit, Rotary and Mission Systems, clinched a contract worth $73.1 million to aid MK 41 Vertical Launching ...

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Lockheed (LMT) Wins $200M Deal To Support The U.S. Navy

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Jul 9, 2024 · Lockheed Martin Corp.’s LMT business segment, Rotary and Mission Systems ("RMS"), recently clinched a modification contract for providing engineering design, …

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FAQs about Lockheed (LMT) Wins $131M Deal to Support ARTS-V2 Systems Coupon?

What is Lockheed Martin arts-v2?

GRAND PRAIRIE, Texas. Lockheed Martin 's Missiles and Fire Control unit has won a contract modification from the U.S. Air Force - worth $80.66 million -- to a previously awarded contract for the Advanced Radar Threat System – Variant 2 (ARTS-V2) Production Option Two. ...

How much is Lockheed Martin's arts-v2 contract worth?

Lockheed Martin has been awarded a contract modification worth over $80 million by the US DoD for the existing Advanced Radar Threat System – Variant 2 (ARTS-V2) development contract. The contract modification provides for the exercise of production option two and the delivery of five full ARTS-V2 systems. ...

How many arts-v2 systems does Lockheed have?

Per the terms, Lockheed is going to provide for the exercise of Options Three and Four for an additional quantity of eight ARTS-V2 systems, being produced under the basic contract. Work related to this deal will be executed in Grand Prairie, TX. ...

What is Lockheed Martin radar?

Lockheed Martin’s radar systems offer advanced precision targeting, navigation, threat detection and next generation intelligence, surveillance and reconnaissance (ISR) capabilities. In fact, its radars and sensors have been designed and delivered to every armed service and operational environment. ...

What is the ARTS-V2 radar system?

The ARTS-V2 system is a mobile advanced radar system that emulates advanced anti-aircraft missile radiated power, threat signals, antenna patterns, operational modes, and threat tactics to train USAF joint-strike fighter pilots to operate safely in hostile areas guided by modern radar-guided surface-to-air missiles. ...

How will Lockheed maritime technology benefit the US Navy?

This is likely to benefit Lockheed, considering its maritime capabilities that enable current and future maritime missions. Notably, to ensure the U.S. Navy’s dominance in the sea, LMT provides a broad portfolio of capabilities, including ships, aircraft, manned and unmanned systems, projectiles and sensors. ...