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LOCKHEED MARTIN AND RED 6 BUILD ON PARTNERSHIP THROUGH MENTOR-PROTÉGÉ AGREEMENT

Retrieved on: 
Wednesday, January 24, 2024

ORLANDO, Fla., Jan. 24, 2024 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) and Red 6 announced today a strategic joint venture and Mentor-Protégé Agreement under the U.S. Small Business Administration Mentor-Protégé Program.

Key Points: 
  • "Red 6 is thrilled for this opportunity to work more closely with Lockheed Martin.
  • Lockheed Martin will gain access to small business teaming partner contracts and bring small business innovation to large programs / contracts.
  • "Lockheed Martin continues making deliberate digital advancements and building partnerships to accelerate technology development across our platforms," said Aimee Burnett, Vice President, Business Development for the Integrated Fighter Group at Lockheed Martin.
  • Red 6 is a Lockheed Martin Ventures portfolio company selected in 2020 to accelerate the development and commercialization of Red 6's ATARS.

RTX begins fabrication of 1MW generator for Air Force Research Laboratory

Retrieved on: 
Monday, September 11, 2023

CHARLOTTE, N.C., Sept. 11, 2023 /PRNewswire/ -- Collins Aerospace, an RTX (NYSE: RTX) business, has completed detailed design review and started fabrication of a one megawatt electric generator for the Air Force Research Laboratory (AFRL) as part of the Advanced Turbine Technologies for Affordable Mission-Capability program.

Key Points: 
  • CHARLOTTE, N.C., Sept. 11, 2023 /PRNewswire/ -- Collins Aerospace, an RTX (NYSE: RTX) business, has completed detailed design review and started fabrication of a one megawatt electric generator for the Air Force Research Laboratory (AFRL) as part of the Advanced Turbine Technologies for Affordable Mission-Capability program.
  • "By safely and efficiently providing onboard high-voltage DC power, our 1MW generator will support these new technologies and help enable new platforms to achieve their target capabilities."
  • Having finished engineering work on the generator and moved into the manufacturing phase, Collins is on track to deliver hardware to the Air Force and test the generator to Technology Readiness Level 5 in 2024.
  • RTX's Pratt & Whitney business is also supporting the AFRL 1MW generator program by studying future engine integration opportunities.

Sintavia Receives Strategic Investment from Lockheed Martin Corporation

Retrieved on: 
Wednesday, June 28, 2023

Sintavia, LLC, an additive designer and manufacturer of advanced thermodynamic components for aerospace & defense applications, today announced that it had received a direct equity investment from Lockheed Martin Corporation (NYSE: LMT).

Key Points: 
  • Sintavia, LLC, an additive designer and manufacturer of advanced thermodynamic components for aerospace & defense applications, today announced that it had received a direct equity investment from Lockheed Martin Corporation (NYSE: LMT).
  • Sintavia and Lockheed Martin have a longstanding collaboration to expand the research of metal additive manufacturing (AM) opportunities as an alternative to traditional design and manufacturing methods.
  • Since 2019, Sintavia has been a component supplier to Lockheed Martin and currently maintains supply relationships across all four Lockheed Martin business areas.
  • “Lockheed Martin represents the very best of these, and we are honored to have their backing as we continue to grow and expand our product line.”
    “Lockheed Martin’s strategic investment expands our existing joint development agreement with Sintavia announced last December,” said David Tatro, vice president for Operations Process Transformation at Lockheed Martin.

Lockheed Martin, Korea Aerospace Industries & Red 6 Announce Initial Augmented Reality Integration Work for T-50 Platform

Retrieved on: 
Tuesday, June 20, 2023

PARIS, June 20, 2023 /PRNewswire/ -- Lockheed Martin, Korea Aerospace Industries and Red 6 today announced they have begun developing engineering solutions and a technology roadmap to establish an implementation path for Red 6's Advanced Tactical Augmented Reality System (ATARS), into the T-50 platform and associated ground-based training systems.

Key Points: 
  • PARIS, June 20, 2023 /PRNewswire/ -- Lockheed Martin, Korea Aerospace Industries and Red 6 today announced they have begun developing engineering solutions and a technology roadmap to establish an implementation path for Red 6's Advanced Tactical Augmented Reality System (ATARS), into the T-50 platform and associated ground-based training systems.
  • Initial technology integration includes a T-50 demonstrator and the Red 6 ATARS technology that is electronically networked with the Lockheed Martin Prepar3D software simulation suite.
  • This early engineering solution provides Lockheed Martin and Red 6 additional experience in integrating simulations which could eventually comprise embedded training for the T-50 program and ground-based training systems.
  • ATARS is a multi-node, all-domain augmented reality (AR) system that delivers a complete outdoor synthetic training environment for multiple users.

Lockheed Martin, Korea Aerospace Industries & Red 6 Announce Initial Augmented Reality Integration Work for T-50 Platform

Retrieved on: 
Tuesday, June 20, 2023

PARIS, June 20, 2023 /PRNewswire/ -- Lockheed Martin, Korea Aerospace Industries and Red 6 today announced they have begun developing engineering solutions and a technology roadmap to establish an implementation path for Red 6's Advanced Tactical Augmented Reality System (ATARS), into the T-50 platform and associated ground-based training systems.

Key Points: 
  • PARIS, June 20, 2023 /PRNewswire/ -- Lockheed Martin, Korea Aerospace Industries and Red 6 today announced they have begun developing engineering solutions and a technology roadmap to establish an implementation path for Red 6's Advanced Tactical Augmented Reality System (ATARS), into the T-50 platform and associated ground-based training systems.
  • Initial technology integration includes a T-50 demonstrator and the Red 6 ATARS technology that is electronically networked with the Lockheed Martin Prepar3D software simulation suite.
  • This early engineering solution provides Lockheed Martin and Red 6 additional experience in integrating simulations which could eventually comprise embedded training for the T-50 program and ground-based training systems.
  • ATARS is a multi-node, all-domain augmented reality (AR) system that delivers a complete outdoor synthetic training environment for multiple users.

PenFed Foundation and Partners Create Unforgettable Day for Military Teen

Retrieved on: 
Wednesday, May 3, 2023

FORT LAUDERDALE, Fla., May 3, 2023 /PRNewswire/ -- The PenFed Foundation, a national 501(c)3 founded by PenFed Credit Union, brought together two of its valued partners at a Fort Lauderdale airshow to create a memorable experience for a military teen with a passion for aviation. The special day featured a meet and greet with famed aerobatic pilot Mike Goulian and exclusive access to the Goulian Aerosports team.

Key Points: 
  • FORT LAUDERDALE, Fla., May 3, 2023 /PRNewswire/ -- The PenFed Foundation , a national 501(c)3 founded by PenFed Credit Union, brought together two of its valued partners at a Fort Lauderdale airshow to create a memorable experience for a military teen with a passion for aviation.
  • The PenFed Foundation recently provided a $50,000 grant to Our Military Kids to help increase access to extracurricular activities.
  • "What an honor to connect two of our valued partners, Our Military Kids and Goulian Aerosports, to provide this memorable experience," said James Schenck, CEO of the PenFed Foundation.
  • The PenFed Foundation, Our Military Kids and Goulian Aerosports share a commitment to supporting our military community and providing opportunities to those who have served our country.

Lockheed Martin, Korea Aerospace Industries & Red 6 Aerospace Announce Emerging Technology Partnership

Retrieved on: 
Tuesday, March 7, 2023

FORT WORTH, Texas, March 7, 2023 /PRNewswire/ -- Today Lockheed Martin [NYSE: LMT], Korea Aerospace Industries and Red 6 Aerospace announced a new partnership that will deliver advanced 21st Century Security capabilities across a spectrum of training and combat aircraft.

Key Points: 
  • FORT WORTH, Texas, March 7, 2023 /PRNewswire/ -- Today Lockheed Martin [NYSE: LMT], Korea Aerospace Industries and Red 6 Aerospace announced a new partnership that will deliver advanced 21st Century Security capabilities across a spectrum of training and combat aircraft.
  • The partnership will initially bring Red 6's revolutionary augmented reality platform, the Airborne Tactical Augmented Reality System (ATARS), into the TF-50 and variants.
  • The system gives pilots and ground operators new capabilities to see and interact with synthetic threats in real-time, high-speed environments.
  • Lockheed Martin and Korea Aerospace Industries aircraft are ideal platforms for our Augmented Reality system.

Top Aces Corp. Announces Strategic Investment in EpiSci

Retrieved on: 
Friday, March 3, 2023

MESA, Ariz., March 3, 2023 /PRNewswire-PRWeb/ -- Top Aces Corp. (Top Aces), the world's only commercial owner and operator of F-16 fighter aircraft, today announced an investment in San Diego-based EpiSci, developer of the most trusted, resilient and modular Tactical AI solutions for defense, aerospace and commercial applications.

Key Points: 
  • AI is expected to play an increasingly significant role in air combat operations, including adversary air (ADAIR) training.
  • AI functions will be integrated into Top Aces' fleet with industry-leading speed-to-service, offering highly sophisticated threat replication and operational cost efficiencies.
  • "This is a very significant strategic investment for us," says Russ Quinn, President, Top Aces Corp. "AI is impacting numerous industries and defense is no exception.
  • "We are thrilled to work with Top Aces," said Bo Ryu, Founder and President, EpiSci.

C3 AI Provides Mission-Critical AI Solutions for the United States Air Force Crowd-Sourced Flight Data Program

Retrieved on: 
Thursday, February 9, 2023

C3 AI (NYSE: AI), the Enterprise AI application software company, was awarded a contract in partnership with Intelligent Waves LLC to provide mission-critical AI applications for the U.S. Air Force Crowd-Sourced Flight Data Program.

Key Points: 
  • C3 AI (NYSE: AI), the Enterprise AI application software company, was awarded a contract in partnership with Intelligent Waves LLC to provide mission-critical AI applications for the U.S. Air Force Crowd-Sourced Flight Data Program.
  • The Crowd-Sourced Flight Data Program, run by the 59th Test and Evaluation Squadron (59TES) at Nellis Air Force Base in Nevada, is focused on enabling the rapid delivery of software-defined warfighter capabilities.
  • C3 AI is working with the 59TES to accelerate and scale the Crowd-Sourced Flight Data solution for combat F-35A aircraft through the rapid development and operational deployment of a roadmap of mission-critical AI applications.
  • “We are honored to support such a vital program to strengthen our country’s warfighter capabilities,” said C3 AI CEO Thomas M. Siebel.

Curtiss-Wright Awarded $287 Million IDIQ Contract to Provide Aerospace Instrumentation System Technology

Retrieved on: 
Monday, February 6, 2023

The contract has a base period of five years, valued at $123 million, followed by a five-year option period.

Key Points: 
  • The contract has a base period of five years, valued at $123 million, followed by a five-year option period.
  • Under the agreement, Curtiss-Wright will provide its High Speed Data Acquisition System (HSDAS) aerospace instrumentation technology to support AFTC flight test programs, including High Speed Data Acquisition, Network, Recording, Gateway, RF, and Data Analysis Software (IADS®) products and services for Flight Test Instrumentation (FTI).
  • The sole source contract provides products, enhancements, upgrades, repair services, field service, and technical support to the HSDAS equipment.
  • This award is a continuation of the recently completed HSDAS IDIQ five-year contract that was valued at $91 million.