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In March 2017, the contractor rephased its OCX delivery schedule so that Block 2 will now be delivered to the Air Force concurrently with Block 1. [71] In July 2017, an additional nine months delay to the schedule was announced. According to the July 2017 program schedule, OCX will be delivered to the U.S. Air Force in April 2022. [47]
The Blackjack program was started by DARPA in 2017, [1] with contracts awarded in 2020. The Blackjack constellation will replace or complement larger systems such as Misty and KH-11 . These new orbiters will be cheaper, more numerous and with shorter lifespans than existing systems.
Skunk Works logo. Skunk Works is an official pseudonym for Lockheed Martin's Advanced Development Programs (ADP), formerly called Lockheed Advanced Development Projects. It is responsible for a number of aircraft designs, highly classified research and development programs, and exotic aircraft platforms.
In a "major win" for Lockheed Martin's Owego plant, over $400 million has been allotted to the Combat Rescue Helicopter Program and a new Intel partnership will introduce microchip installation at ...
Lockheed Martin's 12.5% operating margin came in about 60 basis points ahead of expectations, and free cash flow of $2.1 billion was well ahead of Wall Street's $1.3 billion forecast.
The US depends on private defense contractors to develop and build military equipment. The two most notable examples are Lockheed Martin and Northrop Grumman. The R&D department of Lockheed Martin is commonly referred to as Skunk Works; it is responsible for a number of aircraft designs, highly classified R&D programs, and exotic aircraft ...
Lockheed Martin forecast 2025 profit that missed Wall Street expectations on Tuesday, as the defense giant grapples with delayed rollouts of a tech upgrade on the F-35, underscoring a cautious ...
The Wind Corrected Munitions Dispenser or WCMD system is a US tail kit produced by Lockheed Martin for use with the Tactical Munitions Dispenser family of cluster bombs to convert them to precision-guided munitions.