Lockheed Martin (LMT) Wins $3.27B Contract for Radar Systems

Valued at $3.27 billion, the contract is expected to be complete by Mar 30, 2027. The contract involves the full-rate production of AN/TPQ-53 radar systems and associated spare parts and services along with the subsequent deployment of the same to various Foreign Military Sales countries. The work related to this … See more

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Lockheed Martin (LMT) Wins $3.27B Contract For Radar Systems

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Lockheed Martin (LMT) Wins $3.27B Contract For Radar Systems

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Lockheed Martin (LMT) clinches a $3.27 billion contract for the full-rate production of AN/TPQ-53 radar systems.

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Lockheed Martin's Unit Wins $40M Deal For Long Range Radar 3

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Dec 27, 2019 · Lockheed Martin Corp.’s LMT Rotary and Missions Systems (RMS) segment recently secured a $40-million contract for delivering a Long Range Radar 3 sensor system …

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USAF Taps Lockheed To Develop Adversary Radar Training System

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Mar 28, 2024 · The US Air Force has awarded Lockheed Martin an initial $276 million contract to develop and produce an adversary radar training system. The company will develop the …

thedefensepost.com

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Lockheed Martin Secures A $130M Army Contract For PAC-3 Missiles

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Dec 4, 2024 · Lockheed Martin Corp. (LMT Quick Quote LMT - Free Report) recently clinched a contract to provide technical assistance support for the Phased Array Tracking Radar to …

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

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Jun 22, 2022 · Lockheed Martin Corp’s LMT business segment, Missiles and Fire Control, recently clinched a modification contract for the Advanced Radar Threat System – Variant 2 …

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Lockheed Martin Secures A $130M Army Contract For PAC-3 Missiles

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Dec 4, 2024 · Lockheed Martin Corp. LMT recently clinched a contract to provide technical assistance support for the Phased Array Tracking Radar to Intercept on Target (PATRIOT) …

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FAQs about Lockheed Martin (LMT) Wins $3.27B Contract for Radar Systems Coupon?

Will Lockheed Martin replace ground-based radar?

The U.S. Air Force has chosen Lockheed Martin (NYSE: LMT) to replace a tactical ground-based radar system used to carry out airspace defense operations. ...

Is Lockheed Martin supplying ground-based radar systems to Kuwait?

Lockheed Martin Corp. LMT recently clinched a contract for supplying Ground-Based Radar Systems to Kuwait. The Air Force Life Cycle Management Center, Hanscom Air Force Base, MA provided the award. Valued at $84.5 million, the contract is expected to get completed by Nov 11, 2027. ...

How much did Lockheed Martin pay for a 3DELRR system?

Credit: Lockheed Martin Corp/US Air Force. Lockheed Martin has been awarded a $65.1m contract modification for the manufacture of three additional Three-Dimensional Expeditionary Long-Range Radar (3DELRR) systems for the US Air Force (USAF), bringing the total cumulative value of the contract to $260.6m. ...

Did Lockheed Martin get a $113 million contract?

Lockheed Martin was awarded a $113 million contract by Naval Sea Systems Command for full rate production of Surface Electronic Warfare Improvement Program (SEWIP) Block 2 AN/SLQ-32 (V)6 and AN/SLQ-32C (V)6 systems. ...

Does Lockheed Martin have a multi-mission radar system?

Lockheed Martin's family of radars provides multi-mission ground-based radar solutions for medium- to long- range air surveillance. Our next generation long-range multimission radar system includes significant technology investment (including GaN) for enhanced capabilities to address emerging threats. ...

What is Lockheed Martin's position in the global military radar market?

With a variety of radars in its portfolio, Lockheed Martin thus enjoys solid demand in the global military radar market. Per Mordor Intelligence projections, the global military radar market is expected to witness a CAGR of more than 4.5% over the 2022-2031 period. ...