Lockheed Martin Space Closes on $360 Million Acquisition

Lockheed Martin Space closes on $360 million acquisition

The Jefferson County business made a cash purchase of another company’s team in a deal that closed last week.

Lockheed Martin awarded Aegis missile contract for nearly $3B (LMT:NYSE)

Lockheed Martin Rotary and Mission Systems unit awarded a 10-year contract with a ceiling of $2.97B by the US Defense Department to upgrade the Aegis ballistic missile defense combat system.

Missile Defense Agency awards Lockheed Martin $3 billion Aegis BMD engineering contract

According to the Department of Defense, the contract supports Aegis cruisers, guided-missile destroyers, the Aegis Ashore systems, and the Aegis Guam System. It also encompasses work on Glide Phase Intercept capabilities aimed at countering advanced missile threats. Lockheed Martin will provide engineering support across all stages of the fire control loop, including planning, detection, control, engagement, and assessment. This work will involv…