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Business/Financial

Lockheed Martin Gets Potential $822 Million CBP P-3 Maintenance Award

DDN

Wednesday, July 29th, 2009

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Customs and Border Protection (CBP) yesterday awarded Lockheed Martin [LMT] a potential 10-year, $822 million contract to provide maintenance, repair and overhaul services for its fleet of 16 P-3 Orion surveillance aircraft. The contract has a two month phase-in period worth $3.9 million, followed by a base-year and nine one-year options. CBP said it sought competition through the bidding process but that only Lockheed Martin responded. Lockheed Martin makes the P-3. CBP operates eight P-3 Airborne Early Warning aircraft and…

Congress

U.S. Fighter Fleet Will Expand By 2040 But More Stealth Aircraft Will Mean Less Availability, CBO Says

The number of fighter aircraft in the U.S. military inventory will decline over the next few years before expanding to a greater number than currently, but their availability for operational […]

Congress

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Congress

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Congress

Senate Appropriators Press On Supplemental’s Requests Beyond Iran Scope, Hegseth Urges Full Funding

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