Lockheed

Global Electronic Warfare Market Size Expected to Reach $24.76 Billion by 2029

Retrieved on: 
Tuesday, March 26, 2024

The electronic warfare market is marked by the presence of global and local players competing in technology and product offerings; Some major market players are Lockheed Martin Corporation, L3Harris Technologies, Inc., Northrop Grumman Corporation, RTX Corporation, and Leonardo S.p.A., amongst others.

Key Points: 
  • The electronic warfare market is marked by the presence of global and local players competing in technology and product offerings; Some major market players are Lockheed Martin Corporation, L3Harris Technologies, Inc., Northrop Grumman Corporation, RTX Corporation, and Leonardo S.p.A., amongst others.
  • A report from Mordor Intelligence projected that the Electronic Warfare Market size is estimated at USD 19.30 billion in 2024, and is expected to reach USD 24.76 billion by 2029, growing at a CAGR of 5.11% during the forecast period (2024-2029).
  • Mordor Intelligence concluded: “Various players in the market are investing significantly in research and developing advanced next-generation warfare products having higher electromagnetic capabilities.
  • According to Straits Research , the global electronic warfare market size is estimated to reach an expected value of USD 27.79 billion by 2030, registering a CAGR of 5.8% during the forecast period of 2022 to 2030.

Mercury Systems and Lockheed Martin to Advance Defense Manufacturing Capabilities in Switzerland

Retrieved on: 
Thursday, March 21, 2024

GENEVA, March 21, 2024 (GLOBE NEWSWIRE) -- Mercury Mission Systems International SA ( www.mrcy.com ), a technology company that delivers mission-critical processing power to the edge, today announced that it will advance the manufacturing of defense technologies in Switzerland in collaboration with Lockheed Martin.

Key Points: 
  • GENEVA, March 21, 2024 (GLOBE NEWSWIRE) -- Mercury Mission Systems International SA ( www.mrcy.com ), a technology company that delivers mission-critical processing power to the edge, today announced that it will advance the manufacturing of defense technologies in Switzerland in collaboration with Lockheed Martin.
  • Mercury expects to receive further expansion opportunities over time to bring the manufacture of additional capabilities to Switzerland.
  • “We are thrilled to work with Lockheed Martin to bring the manufacture of cutting-edge defense technologies to Switzerland,” said Paul Tanner, VP and GM of Mercury International.
  • “Lockheed Martin is proud to partner with Mercury as they expand the capability of their facility in Switzerland,” said Karl Sapienza, director of F-35 Customer Programs at Lockheed Martin.

Magnolia Advanced Materials adhesive 6389 A/B for Lockheed Martin now available in bulk kits for 5-gallon meter mixing

Retrieved on: 
Thursday, April 4, 2024

Magnolia Advanced Materials, Inc. today announced that its QPL/EMAP listing for Lockheed Martin specification LMA-MK003, Rev C, Form 1 for Magnolia 6389 A/B is available in bulk kits for 5-gallon meter mixing.

Key Points: 
  • Magnolia Advanced Materials, Inc. today announced that its QPL/EMAP listing for Lockheed Martin specification LMA-MK003, Rev C, Form 1 for Magnolia 6389 A/B is available in bulk kits for 5-gallon meter mixing.
  • Magnolia 6389 A/B is a carbon fiber filled epoxy designed for use as a liquid shim gap filler in composite applications that require high temperature resistance and compressive strengths.
  • Quality product list (QPL) is a list of products that have met the qualification requirements stated in the applicable specification.
  • “With Magnolia 6389 A/B available in bulk kits for 5-gallon meter mixing,” said Technical Director Gregg Bunn.

Lunar Dawn Team Awarded NASA Lunar Terrain Vehicle Contract

Retrieved on: 
Wednesday, April 3, 2024

DENVER, April 3, 2024 /PRNewswire/ -- NASA has awarded a Lunar Terrain Vehicle Services (LTVS) contract to the Lunar Dawn team, led by Lunar Outpost as the prime contractor along with its principal partner Lockheed Martin (NYSE:LMT) and teammates General Motors (GM), The Goodyear Tire & Rubber Company, and MDA Space. The diverse team combines proven robotic and human space exploration heritage, cutting edge technology and automotive industry strengths to create a true off-road vehicle for living and working on the Moon's surface.

Key Points: 
  • DENVER, April 3, 2024 /PRNewswire/ -- NASA has awarded a Lunar Terrain Vehicle Services (LTVS) contract to the Lunar Dawn team, led by Lunar Outpost as the prime contractor along with its principal partner Lockheed Martin (NYSE:LMT) and teammates General Motors (GM), The Goodyear Tire & Rubber Company, and MDA Space .
  • This next-generation Lunar Terrain Vehicle (LTV) will enable the exploration of the surface of the Moon in unprecedented fashion as part of NASA's Artemis campaign.
  • The Lunar Dawn team's vehicle exceeds all the requirements set forth by NASA and was designed with mission growth capability in mind.
  • As the lead of the Lunar Dawn Team, Lunar Outpost is pioneering a new teaming paradigm for the space industry.

Sullenberger Aviation Museum Announces June 1 Opening Date

Retrieved on: 
Tuesday, April 2, 2024

CHARLOTTE, N.C., April 2, 2024 /PRNewswire-PRWeb/ -- Sullenberger Aviation Museum, the premier aviation museum of the Southeast, announced today it will officially open its doors to the public on Saturday, June 1, at 10 a.m. Capt. C.B. "Sully" Sullenberger, who, along with his crew, maneuvered the famed "Miracle on the Hudson" landing – and for whom the Museum is named – will be in Charlotte to celebrate during a week of opening activities.

Key Points: 
  • "Sully" Sullenberger on hand for opening day festivities
    CHARLOTTE, N.C., April 2, 2024 /PRNewswire-PRWeb/ -- Sullenberger Aviation Museum , the premier aviation museum of the Southeast, announced today it will officially open its doors to the public on Saturday, June 1, at 10 a.m. Capt.
  • "Sully" Sullenberger, who, along with his crew, maneuvered the famed "Miracle on the Hudson" landing – and for whom the Museum is named – will be in Charlotte to celebrate during a week of opening activities.
  • When it opens, Sullenberger Aviation Museum will be one of the world's leading institutions honoring and exploring the wonder of flight.
  • Sullenberger Aviation Museum is especially committed to accessibility and will offer wheelchair-accessible exhibits and sensory-friendly backpacks so that everyone can explore the wonder of flight.

Boom Supersonic Announces Successful Flight of XB-1 Demonstrator Aircraft

Retrieved on: 
Friday, March 22, 2024

MOJAVE, Calif. and DENVER, March 22, 2024 /PRNewswire/ -- Boom Supersonic, the company building the world's fastest airliner, Overture, today announced the successful flight of XB-1, the world's first independently developed supersonic jet, at the Mojave Air & Space Port in Mojave, California. Like Overture, XB-1 leverages state-of-the-art technologies to enable efficient supersonic flight including carbon fiber composites, advanced avionics, digitally-optimized aerodynamics, and an advanced supersonic propulsion system.

Key Points: 
  • Like Overture, XB-1 leverages state-of-the-art technologies to enable efficient supersonic flight including carbon fiber composites, advanced avionics, digitally-optimized aerodynamics, and an advanced supersonic propulsion system.
  • "Today, XB-1 took flight in the same hallowed airspace where the Bell X-1 first broke the sound barrier in 1947," said Blake Scholl, founder and CEO of Boom Supersonic.
  • XB-1 was flown by Boom Chief Test Pilot Bill "Doc" Shoemaker and Test Pilot Tristan "Geppetto" Brandenburg flew the T-38 chase aircraft which monitored the flight.
  • Supersonic intakes: XB-1's engine intakes slow supersonic air to subsonic speeds, efficiently converting kinetic energy into pressure energy, allowing conventional jet engines to power XB-1 from takeoff through supersonic flight.

Boom Supersonic Announces Successful Flight of XB-1 Demonstrator Aircraft

Retrieved on: 
Friday, March 22, 2024

MOJAVE, Calif. and DENVER, March 22, 2024 /PRNewswire/ -- Boom Supersonic, the company building the world's fastest airliner, Overture, today announced the successful flight of XB-1, the world's first independently developed supersonic jet, at the Mojave Air & Space Port in Mojave, California. Like Overture, XB-1 leverages state-of-the-art technologies to enable efficient supersonic flight including carbon fiber composites, advanced avionics, digitally-optimized aerodynamics, and an advanced supersonic propulsion system.

Key Points: 
  • Like Overture, XB-1 leverages state-of-the-art technologies to enable efficient supersonic flight including carbon fiber composites, advanced avionics, digitally-optimized aerodynamics, and an advanced supersonic propulsion system.
  • "Today, XB-1 took flight in the same hallowed airspace where the Bell X-1 first broke the sound barrier in 1947," said Blake Scholl, founder and CEO of Boom Supersonic.
  • XB-1 was flown by Boom Chief Test Pilot Bill "Doc" Shoemaker and Test Pilot Tristan "Geppetto" Brandenburg flew the T-38 chase aircraft which monitored the flight.
  • Supersonic intakes: XB-1's engine intakes slow supersonic air to subsonic speeds, efficiently converting kinetic energy into pressure energy, allowing conventional jet engines to power XB-1 from takeoff through supersonic flight.

Broadtree Portfolio Company Sayres Defense Acquires Global Systems Technologies, Continuing GovCon Expansion

Retrieved on: 
Friday, March 22, 2024

WASHINGTON, March 22, 2024 /PRNewswire/ -- Sayres Defense, a leader in defense mission support services to the US Navy, Department of Defense, and broader National Security community has acquired Global Systems Technologies (GST).

Key Points: 
  • WASHINGTON, March 22, 2024 /PRNewswire/ -- Sayres Defense, a leader in defense mission support services to the US Navy, Department of Defense, and broader National Security community has acquired Global Systems Technologies (GST).
  • GST is a leading provider of test and evaluation services, model-based systems engineering, logistics, research and development to Defense and Homeland Security customers.
  • With this acquisition, GST becomes the third company in Broadtree Partners' GovCon platform, joining Sayres Defense and Joint Research and Development (JRAD).
  • Tim Reardon, current CEO of Sayres Defense, JRAD, and prior Lockheed Martin and Leidos senior executive, will lead the combined companies as CEO.

Karman Space & Defense: Key Subsystems Supplier for NASA's X-59 Supersonic Aircraft

Retrieved on: 
Monday, March 18, 2024

HUNTINGTON BEACH, Calif., March 18, 2024 /PRNewswire/ -- Karman Space & Defense ("Karman") proudly announces its pivotal role as a key subsystems supplier for Lockheed Martin Skunk Works' groundbreaking supersonic aircraft, developed in partnership with NASA's Quesst Mission.

Key Points: 
  • HUNTINGTON BEACH, Calif., March 18, 2024 /PRNewswire/ -- Karman Space & Defense ("Karman") proudly announces its pivotal role as a key subsystems supplier for Lockheed Martin Skunk Works ' groundbreaking supersonic aircraft, developed in partnership with NASA's Quesst Mission.
  • NASA's debut of the X-59 supersonic aircraft marks a significant step forward in aerospace innovation.
  • This groundbreaking aircraft is being utilized for gathering data to achieve quiet supersonic flight characteristics.
  • Karman Space & Defense delivers concept-to-production solutions for the most complex challenges facing space and defense missions.

Odysight.ai Announces Purchase Order from an International Defense Contractor for its Visual Based Predictive Maintenance System, to be Installed in an Upgraded Israel Air Force (IAF) Maritime Version Sikorsky-Lockheed Martin SH-60 Seahawk

Retrieved on: 
Monday, March 11, 2024

The systems will be installed in upgraded Lockheed Martin (Sikorsky) SH-60 Seahawk Maritime Rotary Wing Aircraft of the Israel Air Force.

Key Points: 
  • The systems will be installed in upgraded Lockheed Martin (Sikorsky) SH-60 Seahawk Maritime Rotary Wing Aircraft of the Israel Air Force.
  • More than 4,000 UH-60 Black Hawk aircraft, and its variants such as the SH-60 Seahawk, are in service worldwide today.
  • Odysight.ai’s Visual Based Sensor System for PdM provides a state-of-the-art solution incorporating advanced AI algorithms for prognostic health management applications.
  • We are committed to continuing our provision of innovative solutions that ensure unparalleled reliability and safety for our clients' assets.”