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Tag Archives: Lockheed Martin

BAE, SAIC Win $225M Marine Corps Amphibious Vehicle EMD Contracts


The U.S. Marine Corps has selected BAE Systems and Science Applications International Corp. (NYSE: SAIC) to develop amphibious combat vehicle Increment 1 prototypes under two contracts worth up to $225 million. Marine Corps Sgt. Lena Wakayama said Tuesday the military service awarded $103.8 million to BAE’s land and systems business and $121.5 million to SAIC for the engineering, manufacturing …

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Northrop Buys F-35 In-Flight Opening Doors From Fokker Under $107M Deal


TYSONS CORNER, VA, November 24, 2015 — Northrop Grumman (NYSE: NOC) has ordered $106.8 million in F-35 in-flight opening doors from the Fokker Technologies division of GKN Aerospace, ExecutiveBiz reported Friday. Fokker said Thursday the opening doors are for the Lockheed Martin-built (NYSE: LMT) F-35 aircraft in lots 10 and 11 of …

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Navy Commissions Lockheed Martin-Built USS Milwaukee for Active Service

lockheed martin

TYSONS CORNER, VA, November 24, 2015 — Lockheed Martin (NYSE: LMT) held a commissioning ceremony for the USS Milwaukee, the fifth littoral combat ship of the U.S. Navy, ExecutiveBiz reported Monday. The company said Saturday the third Freedom-class LCS will enter into active service after completing acceptance trials and delivery in the past two …

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Lockheed’s Stephanie Hill: Harley-Davidson Designs USS Milwaukee-Themed Motorcycle for Charity

Stephanie Hill

TYSONS CORNER, VA, November 23, 2015 — Lockheed Martin (NYSE: LMT) has celebrated the commissioning of the U.S. Navy‘s latest littoral combat ship with the showcase of a USS Milwaukee-themed motorcycle designed by Harley-Davidson, GovCon Executive reported Friday. Lockheed said Thursday the Softail Slim S bike will be auctioned off to support the National Military …

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Weekly Roundup Nov 16 – Nov 20 2015: A Post-Paris Look at the Global Arms Trade & More


Weekly Roundup Nov 16 – Nov 20 2015 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Investors made a sharp turn this week to defense and other government contracting stocks after the Friday Paris attacks in anticipation of increased activity in the global weapons market. The GovCon …

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Lockheed’s Chris Kearns: $25K Competition to Guide Cyber Curriculum Support

Chris Kearns

TYSONS CORNER, VA, November 19, 2015 — Lockheed Martin (NYSE: LMT) and Temple University awarded a team from Iowa State University $25,000 in prize money as the winner of their co-sponsored National Cyber Analyst Challenge, GovCon Executive reported Nov. 11. Lockheed said Nov. 10 the competition aims to attract college students to cybersecurity …

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Thomas Tshudy Joins ULA as VP, General Counsel; Tory Bruno Comments

United Launch Alliance

Thomas Tshudy, formerly senior vice president and general counsel for International Launch Services, has joined the United Launch Alliance as VP and general counsel. ULA, a joint venture of Boeing (NYSE: BA) and Lockheed Martin (NYSE: LMT), said Wednesday Tshudy will succeed the retiring Kevin MacCary. “Tom brings nearly 30 years of commercial aerospace and defense …

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Lockheed Martin to Update Navy’s Ship-Based Aegis Systems

lockheed martin

TYSONS CORNER, VA, November 18, 2015 — Lockheed Martin (NYSE: LMT) will provide engineering support for the U.S. Navy‘s ship-based Aegis Ballistic Missile Defense system under a potential $36.7 million contract modification, ExecutiveBiz reported Tuesday. The Defense Department said Monday Lockheed will also support the modernization of the Aegis system onboard the Navy’s DDG …

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Peter Ruddock Appointed CEO of Lockheed’s UK Arm; Stephen Ball to Retire


Peter Ruddock, business development director for Lockheed Martin‘s (NYSE: LMT) subsidiary in the U.K., will elevate to the chief executive role there on Jan. 2, 2016. The company said Wednesday he will oversee more than 3,000 employees across 21 sites for the London-headquartered Lockheed Martin UK subsidiary. Ruddock will succeed Stephen …

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Vinny Sica: Lockheed Upgrades to Help Sustain Air Force GPS Control Segment

Vinny Sica

TYSONS CORNER, VA, November 16, 2015 — Lockheed Martin‘s (NYSE: LMT) GPS Intrusion Protection Reinforcement updates for the U.S. Air Force has entered into full operations, ExecutiveBiz reported Tuesday. “The GPS Control Segment Sustainment contract is vitally important to the sustainment of positioning, navigation and timing services for our military, government …

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