Lockheed Martin secured a $514.4 million contract modification for space vehicle production on June 12. Following this, the company signed a memorandum of understanding with GM Defense to strengthen the U.S. defense industrial base and accelerate capability delivery. Additionally, Lockheed Martin collaborated with Sentrycs to integrate Cyber-over-RF technology into its Sanctum counter-unmanned aerial systems platform.
The U.S. defense giant secures a massive Pentagon deal to bolster missile defense stockpiles, providing long-term revenue visibility.
Read the full storyOndas subsidiary Sentrycs integrates Cyber-over-RF technology into Lockheed Martin's Sanctum platform to enhance defense against unmanned aerial threats.
GM Defense and Lockheed Martin signed an MOU to accelerate the delivery of critical military capabilities by leveraging advanced commercial manufacturing expertise.
In a move strengthening its long-term cash flows from after-market services, Lockheed Martin has secured a major contract valued at $2.293 billion.