U.S. Air Force Awards Hypersonic Weapon Contract as Pentagon Continues Broader Development Efforts

by Shaun McDougall, Military Markets Analyst, Forecast International. Lockheed Martin has been awarded a contract worth up to $480 million for the conduct of a Critical Design Review and to provide test …

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Strong Forecast for New-Build Submarines Drives Sales of Advanced Periscope System

by Andrew Dardine, Electronic Systems Analyst, Forecast International. The U.S. Navy has recently awarded $20 million in contracts to L3 KEO for production and support of non-penetrating periscopes (NPPs).  Work …

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Lockheed Martin’s LRDR Selected for Japanese AEGIS Ashore Ballistic Missile Defense Sites

by C. Zachary Hofer, Electronic Systems Analyst, Forecast International. On July 30, the Japanese Ministry of Defense announced that it had decided to procure Lockheed Martin’s radar over rival Raytheon’s to equip …

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