CLAIM #37499 · Lockheed Martin Corporation (LMT) · 2023Q4 earnings call · Jan 23, 2024 · due Dec 31, 2024
“we anticipate the first flight of RAIDER X in late 2024.”
James Taiclet · CEO
In context
“his program. RMS also saw strong international interest in the fourth quarter. The U.S. Navy awarded Lockheed Martin contract to produce eight MH-60 Romeo SEAHAWK helicopters for the Spanish Navy and six of them for the Norwegian government as well. To date, Sikorsky has delivered 330 MH-60 Romeo aircraft to five countries, including the United States, 67 more are on order or in production for India, Greece, South Korea, Australia and now Spain and Norway. Also in the quarter, Sikorsky installed the U.S. Army's improved turbine engine on our RAIDER X, designed for the Army's Future Attack Reconnaissance Aircraft or FARA program. This final phase of the RAIDER X build brings us one step closer to completing the system that will support the Army's high-tech future missions requirements, and we anticipate the first flight of RAIDER X in late 2024. Finally, turning to space. United Launch Alliance successfully launched The Vulcan Centaur Rocket earlier in January. This launch was the first of two flights required to complete National Security Space Certification and the second planned mission could happen as soon as April. The U.S. Air Force awarded space a nearly $1 billion contract to develop a new reentry vehicle for the Sentinel Intercontinental Ballistic Missile. The reentry vehicle or Mk21A will be mounted on top to Sentinel. The award follows a technology maturation and risk reduction contract and the ICBM recapitalization contributes to modernizing strategic deterrents and reinforcing Lockheed Martin's critical technological contributions to the nuclear triad. And last week, the Space Development Agency announced Lockheed Ma”
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SEC filings for LMT ↗ · Claim quote is verbatim from the 2023Q4 earnings call.