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![]() by James Laporta Washington (UPI) Jan 02, 2018
Lockheed Martin has been awarded a contract by the Air Force for the Sniper Advanced Targeting Pod, a precision targeting system for air-to-air and air-to-ground missions. The $961.1 million deal, announced Monday by the Department of Defense, comes under the terms of an indefinite-delivery, indefinite-quantity, firm-fixed-price, cost-reimbursable contract, which is a cost-reimbursement deal that could potentially provide additional funds to Lockheed Martin if the company accumulates cost overruns. The contract taps Lockheed Martin for "sustainment, modernization and development" of the Sniper Advanced Targeting Pod. The system can be integrated on various fighter and bomber aircraft, including, the F-15 Eagle, F-16 Fighting Falcon, F/A-18 Hornet, B-1 Lancer, B-52 Stratofortress, A-10 Thunderbolt II and F-2, according to Lockheed Martin. Work on the contract will occur in Florida and Georgia, and is expected to be completed by December 2022.
![]() Washington (UPI) Jan 02, 2018 Boeing will upgrade six Royal Netherlands air force Chinook helicopters to the latest F-model configuration, the aircraft manufacturer said. The modernization effort will ensure commonality, operational effectiveness and maintenance of systems for the air force's fleet of 20 Chinook helicopters, the Chicago-based company said in a release Thursday. "The Netherlands' Defense Mater ... read more Related Links Aerospace News at SpaceMart.com
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