Lockheed Martin Receives $61 Million Contract for Guided MLRS Unitary Rockets

August 28th, 2008

LockheedHIMARS

DALLAS, TX, August 27th, 2008 — Lockheed Martin [NYSE: LMT] has received a $61 million follow-on contract for Guided Multiple Launch Rocket System (MLRS) Unitary rockets. To date, more than 850 GMLRS rockets have been fired in the Global War on Terror.

Work on the contract will be performed at the company’s facilities inCamden, AR, and Dallas, TX. Deliveries will begin in May 2010 and conclude in July of that year.

“GMLRS delivers precision when Warfighters need it most, especially effective in urban areas,” said Lt. Col. Drew Clanton, the GMLRS product manager at the U.S. Army’s Precision Fires, Rockets and Missiles program management office in Huntsville, AL. “The system’s readiness rates support the consistent quality we expect, and its accuracy helps keep civilians out of harm’s way.”

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BAE SYSTEMS RECEIVES $43.5 MILLION ORDER FOR MINE RESISTANT AMBUSH PROTECTED VEHICLES

August 27th, 2008

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YORK, Pennsylvania – BAE Systems has received a $43.5 million order from the U.S. Marine Corps for 40 RG33 Mine Resistant Ambush Protected (MRAP) vehicles: 36 Special Operations Command (SOCOM) variants, two RG33 MRAP Category II 6×6s, and two Category II Heavy Armored Ground Ambulances (HAGA). The maximum contract value could total $60 million once contract negotiations are complete.

The Company will work with Letterkenny Army Depot (LEAD) to deliver the vehicles. Vehicle hull production will occur at BAE Systems’ York, Pennsylvania, facility while final assembly, integration, and test will occur at the depot in Chambersburg, Pennsylvania. Deliveries are scheduled to begin in January 2009 and run through May.

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Lockheed Martin Awarded $37 Million Contract to Provide Trainers, Simulator to U.S. Army

August 27th, 2008

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ORLANDO, FL, August 26th, 2008 — Lockheed Martin (NYSE: LMT) will produce a Close Combat Tactical Trainer (CCTT) Reconfigurable Vehicle Simulator and the Reconfigurable Vehicle Tactical Trainer (RVTT/CCTT-RVS) for the U.S. Army, providing Soldiers with the latest skills to defeat adaptive and intelligent adversaries. The initial one-year contract valued at $37 million has three options which, if exercised, could bring the total contract value to $147 million.

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Lockheed Martin Receives $80 Million U.S. Army Contract for Combat-Proven ATACMS Missiles

August 22nd, 2008

LockheedATACMS

DALLAS, TX, August 21st, 2008 — Lockheed Martin [NYSE: LMT] has received an $80 million contract from the U.S. Army Aviation & Missile Command for additional Army Tactical Missile System (ATACMS) Unitary missiles, a move that will bolster the nation’s long-range tactical missile reserve.

Deliveries for this order will begin in August 2010 and conclude in March 2011. Work will be conducted at the company’s facilities in Dallas and Horizon City, TX.

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General Dynamics Awarded Contract for Stryker Mobile Gun Systems

August 21st, 2008

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STERLING HEIGHTS, Mich. – The U.S. Army TACOM Lifecycle Management Command has awarded General Dynamics Land Systems, a business unit of General Dynamics (NYSE: GD), a contract for the production of 62 Stryker Mobile Gun System (MGS) variant vehicles. The contract has a total potential value of $326.5 million including initial funding of $145 million.

Work will be performed in Anniston, Ala.; Sterling Heights, Mich.; Lima, Ohio; Scranton, Pa.; Tallahassee, Fla., and London, Ontario, Canada, and is expected to be completed by February 2010.

The Stryker MGS variant is a direct-fire infantry assault platform with a 105mm cannon mounted in a low-profile, fully stabilized, “shoot-on-the-move” turret and integrated into the Stryker chassis. It carries 18 rounds of NATO-standard 105mm main gun ammunition; 400 rounds of .50 caliber ammunition; and 3,400 rounds of 7.62mm ammunition. It destroys vehicles, equipment and hardened positions with its bunker and wall-breaching capability.

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BAE SYSTEMS THERMAL IMAGERS TO IMPROVE VISIBILITY ON SPECIAL OPERATIONS FORCES VEHICLES

August 19th, 2008

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AUSTIN, Texas — BAE Systems will equip special operations forces vehicles with thermal imaging systems that enhance forward and rearward visibility. The technology systems will fuse visible-light and infrared imagery to provide the vehicle driver the best possible view in daylight, darkness and all weather conditions.

The Naval Surface Warfare Center awarded the company a $50 million indefinite-delivery, indefinite-quantity contract for the Driver’s Ground Mobility Visual Augmentation System (DR-GMVAS). The system will enable special operations forces operators to navigate vehicles; conduct surveillance; and detect, identify, and track threats in all weather conditions.

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General Dynamics Awarded $21 Million for Abrams Tank System Technical Support

August 15th, 2008

GDM1-A1 Abrams 1

STERLING HEIGHTS, Mich. – The U.S. Army TACOM Life Cycle Management Command has awarded General Dynamics Land Systems, a business unit of General Dynamics (NYSE: GD), a $20.9 million contract for Abrams Tank Systems Technical Support (STS).

The award will fund engineering studies on Abrams main battle tanks to identify improvements and replace obsolete parts to maintain the tanks at high operational readiness rates. The work will be performed by existing General Dynamics Land Systems employees in Sterling Heights, Michigan. It is expected to be completed by December 31, 2011.

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General Dynamics Awarded $37 Million Contract for Reactive Armor Production

August 14th, 2008

BradleyCombat

CHARLOTTE, N.C. – The U.S. Army Armament Research, Development and Engineering Center (ARDEC), in Picatinny, N.J., has awarded General Dynamics Armament and Technical Products a $37 million contract for the qualification and production of reactive armor side skirt tiles for the Bradley Fighting Vehicle System. General Dynamics Armament and Technical Products is a business unit of General Dynamics (NYSE: GD).

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BAE SYSTEMS RECEIVES $10 MILLION U.S. GOVERNMENT CONTRACT FOR ARMORED COMMERCIAL VEHICLES

August 14th, 2008

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CINCINNATI, Ohio – BAE Systems has received a $10 million contract from the U.S. Government to provide 100 armored commercial vehicles, including armored Chevrolet Suburbans and armored Toyota Land Cruisers.

Armored commercial vehicles use many of the same technologies and systems as those incorporated in military vehicles, such as the combat-proven Mine Resistant Ambush Protected vehicles and up-armored Humvees.

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BAE SYSTEMS RECEIVES ORDERS FOR 43 ADDITIONAL M777 HOWITZERS

August 14th, 2008

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BARROW, United Kingdom - BAE Systems has received additional orders from the U.S. Department of Defense for 43 M777 lightweight towed howitzers, worth a total of £42.8M (US $85.6M), not including DoD-supplied components.

The M777 is the world’s first artillery system to incorporate the large-scale use of titanium and aluminum alloys in gun design, resulting in a howitzer which is half the weight of conventional 155mm systems.

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