Lockheed Gets &#36;716 Mln Fighter Contracts
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Lockheed Martin Corp.   has received two U.S. Air Force contracts totaling &#36;716 million to continue work on its F/A-22 Raptor fighter jet, designed to be the world's most capable, amid reports the &#36;72 billion program may be scaled back sharply, the company said Friday.
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WASHINGTON -- The Boeing Co., the second-biggest US defense contractor, won a $54 million contract to launch four navigation satellites for the Air Force in the second exception to a ban imposed on the company last year.
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The U.S. Navy on Friday gave a transatlantic team led by Lockheed Martin Corp.  a &#36;1.7 billion contract to build a new fleet of 23 U.S. presidential helicopters, a deal valued at up to &#36;6.1 billion.
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Northrop Grumman Corp. NOC.N's   Space & Mission Systems business unit is being awarded a U.S.   Navy technical services contract worth up to $686.1 million to   support the U.S. Joint Forces Command's warfighting center, the   Defense Department said on Friday.
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The company posted net earnings of $546 million on sales of corporate jets and combat vehicles and it raised its outlook for 2007.
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Lockheed Martin Corp.  has won a contract worth $1 billion to build 23 more F-22 Raptor fighter aircraft plus one test aircraft, the Pentagon said on Tuesday.
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Lockheed Martin Corp.'s LMT.N F-35   Joint Strike Fighter, funded by the United States and eight   other countries, initially could cost another $12 million to   $16 million apiece if production is curtailed in early years,   the project's top general said on Friday.
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An international group led by Lockheed Martin Corp. received a $3 billion contract yesterday to develop a program that will eventually replace the Patriot missile system.
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The U.S. Air Force is awarding  Lockheed Martin Corp.  a $144.1 million contract for  materials that will be used in advanced F-16 fighter aircraft  bound for Pakistan, the U.S. Defense Department said on  Tuesday.
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Lockheed Martin Corp.  has beaten L-3 Communications Holdings Inc.  to win a $1.07 billion 10-year contract for training of Air Force special operations forces and search and rescue crews.
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The Polish government signed a deal Wednesday with U.S. defense contractor Lockheed Martin Corp.
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In the post-9/11 world, Lockheed Martin has become more than just the nation's biggest military contractor. It is putting its stamp on military policies as well.
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European aircraft maker Airbus said Thursday that the global aircraft market would be worth 2.8 trillion dollars (1.9 trillion euros) by 2026, with total production at 24,300 planes.
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Diversified U.S. manufacturer Honeywell International Inc  said on Wednesday it signed a contract to provide three major systems for Airbus's new long-range, wide-body A350 aircraft, and expects to generate more than $16 billion in revenue over the projected 20- to 25-year life of the program.
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China signed contracts Monday worth nearly &#36;2.1 billion to buy 23 Airbus jetliners and other German industrial goods.
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Lockheed Martin won a follow-on contract from the Army worth $311 million for a fourth delivery of Arrowhead electronic optical targeting and night-vision systems for the AH-64 Apache combat helicopters.
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After a four-year competition, Lockheed Martin Corp. won a Navy contract worth up to $3.3 billion yesterday to develop satellites that could help soldiers and sailors communicate.