BETHESDA, Md. The U.S. Navy has awarded Lockheed Martin a two-year contract modification worth $101.5 million to perform F-35 Lightning II aircraft sustainment and day-to-day flight support work for the British defense ministry.

BETHESDA, Md. Lockheed Martin has entered into a definitive agreement to acquire aerospace and defense engine maker Aerojet Rocketdyne Holdings for $56 per share in cash, expected to be reduced to $51 per share after the payment of a preclosing special dividend; the deal will operate on a postdividend equity value of $4.6 billion and a total transaction value of $4.4 billion, including the assumption of net cash.

BETHESDA, Md. Lockheed Martin announced that it has conducted a flight test mission featuring distributed processing onboard the U-2 Dragon Lady via Kubernetes containerization technology.

INDIANAPOLIS, Ind. Rolls-Royce has delivered an upgraded thermal management and power system from its ColdFire Solutions technology line to power directed energy field testing in 2021.

NASHUA, N.H. BAE Systems announced that it received a $60 million contract from Lockheed Martin to make and deliver additional advanced missile seekers for the Long Range Anti-Ship Missile (LRASM) used by the U.S. Air Force and U.S. Navy.

LOS ANGELES AIR FORCE BASE, EL SEGUNDO, Calif. The Space and Missile Systems Center’s Production Corps reports the successful transfer of satellite-control authority of the Advanced Extremely High Frequency (AEHF) Space Vehicle 6 to the Space Operations Command, under whose auspices operational acceptance of the AEHF-6 is expected to occur before the end of 2020 once operational testing has successfully concluded.

BETHESDA, Md. Lockheed Martin announced the U.S. Space Force has determined the fifth Space Based Infrared System Geosynchronous Earth Orbit satellite (SBIRS GEO-5) is complete and ready for launch in 2021.