Lockheed Martin to Build Joint Light Tactical Vehicle (JLTV) at Award-Winning Facility in Camden, Arkansas

DALLAS, Oct. 15, 2013 – Lockheed Martin [NYSE: LMT] will move production of its Joint Light Tactical Vehicle (JLTV) to an assembly line at the company’s award-winning Camden, Ark., manufacturing complex, where the company expects to gain significant production efficiencies and cost reductions. “Lockheed Martin is implementing a low-risk production …

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Raytheon Co. Gets Additional Contract for Tomahawk Missile Technical Support

Raytheon Co. has been awarded an $8,737,000 modification to a previously awarded indefinite-delivery/indefinite-quantity contract for services in support of Tomahawk Depot Missile maintenance. The award includes direct fleet support for resolving technical issues with forward deployed, in-theater weapons and inventory management for the U.S. Navy and the United Kingdom. Work …

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Raytheon Missile Systems Awarded SM-6 Deal

This contract modification will incorporate requirements for lifetime buys of SM-6 obsolete components and will mitigate the risk of redesign efforts. Work will be performed in Malaga, Spain (67 percent); Melville, New York (19 percent); Camden, Arkansas (5 percent); Dallas, Texas (4 percent); Sandy Hook, Connecticut (2 percent); Los Alamitos, …

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GD Gets $224M Army Contract

by Zacks Equity Research General Dynamics Armament and Technical Products (“GDATP”), a unit of General Dynamics Corporation (GD – Analyst Report), has entered into an agreement, worth $224 million, with the U.S. Army. Per the contract, the company will supply as well as support the army’s Hydra-70 rocket program. The …

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