Lockheed Martin

April 14, 2014 - 8:48pm
Titan Aerospace Solara HALE UAS

For the second time in less than a month, a major Internet-related company has acquired a firm developing a high-altitude, long-endurance (HALE) unmanned aircraft system (UAS), which could serve as a node to provide Internet connectivity from the stratosphere.

March 24, 2014 - 11:46am
U.S. Air Force F-35A Lightning II

South Korea’s arms procurement agency chose the F-35A Joint Strike Fighter for the re-competed F-X III fighter competition, announcing plans on March 24 to negotiate a foreign military sale (FMS) for 40 jets, 20 fewer than originally sought. The Defense Acquisition Program Administration (DAPA) also approved the acquisition of RQ-4 Global Hawk Block 30 UAVs, Yonhap News Agency reported.

February 11, 2014 - 5:00am

The Indian government last week stalled completion of several major military equipment deals until at least the end of the current financial year on March 31. “We have no money,” said defense minister A. K. Antony at the Defexpo show in New Dehli on Thursday.

February 11, 2014 - 4:20am

The defense industries of the People’s Republic of China (PRC) are looking to expand their export market share beyond their traditional customer base–and for the first time are challenging some of the world-leading U.S., European and Russian firms.

February 11, 2014 - 3:45am

In an unexpected move, the Republic of Korea Navy is pursuing a U.S. offer to supply 20 Lockheed Martin S-3A Viking twinjets for maritime surveillance. The service told legislators in Seoul that this is a lower-cost option for expanding this capability compared to acquiring refurbished P-3C Orions from the same manufacturer to add to the current fleet of 16, or new aircraft such as the Airbus Military C295, Boeing P-8 Poseidon, or Lockheed Martin SC-130J Hercules.

January 23, 2014 - 12:05pm

Singapore’s intention to upgrade its fleet of about 60 Lockheed Martin F-16C/D fighters was indicated by a recent notification to Congress by the Pentagon. But no choice has yet been made between rival upgrade systems integrators BAE Systems and Lockheed Martin. According to the notification, the upgrade will cost Singapore an estimated $2.43 billion, although this total also includes three new weapons.

December 13, 2013 - 12:20pm

Iraq has signed a contract with Korea Aerospace Industries (KAI) to buy 24 T-50 Golden Eagle advanced jet trainers. According to KAI, the deal at the outset is worth $1.1 billion, including initial pilot training, but will almost double in value with the addition of support over 20 years. Iraq also evaluated the Aero Vodochody L-159, BAE Hawk Mk 128 and Yakovlev Yak-130, according to KAI.

November 19, 2013 - 6:48am

Lockheed Martin’s Missiles and Fire Control division (MFC) is a major supplier of defense equipment to the Middle East and that business is about to arise to a new level thanks to an anticipated sale of its Terminal High-Altitude Air Defense (THAAD) to Qatar.

November 18, 2013 - 10:30am
T-50 sim

Lockheed Martin has brought its T-50 Golden Eagle simulator to Dubai to continue its promotion of the supersonic advanced trainer system in the region and particularly in the UAE. The T-50 was developed in Korea by Korea Aerospace Industries (KAI) working in close partnership with Lockheed Martin and is now in service with the Republic of Korea Air Force (ROKAF) in the form of the T-50 advanced trainer and TA-50 lead-in fighter/weapons trainer versions. The fully combat-capable FA-50 is due to be delivered before the end of the year to begin the replacement of the ROKAF’s Northrop F-5s.

November 18, 2013 - 2:15am

Lockheed Martin announced last Friday that it plans to close four facilities and reduce operations at a fifth, with the loss of 2,000 jobs. The closures affect the company’s Information Systems & Global Solutions (IS&GS); Mission Systems and Training (MST); and Space Systems business areas. A further 2,000 jobs in these business areas will be eliminated through “operational efficiency initiatives,” the company said.

 
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