Dale Bennett: Sikorsky-Lockheed Team to Build AF Helicopter Replacement

Helicopter Radar
A team of Sikorsky and Lockheed Martin (NYSE: LMT) team has won a potential .9 billion U.S. Air Force contract to build the branch’s next Combat Rescue Helicopter, Defense News reported Thursday. Marcus Weisgerber writes the team will build 112 Sikorsky Black Hawks equipped with Lockheed mission systems as replacement for the HH-60G Pave Hawks under the potential $7.9 billion contract. “We...

Air Force Awards Lockheed $2B for Missile Warning Satellite Production

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The U.S. Air Force has awarded a $1.86 billion fixed-price contract to Lockheed Martin (NYSE: LMT) for work to complete production of two satellites as part of a system designed to give early warnings of ballistic missile launches. Lockheed said Tuesday that the Space Based Infrared System is intended to have a mix of company-built Geosynchronous Earth Orbit satellites, hosted payloads in a highly...

Steve O’Bryan Named Lockheed VP of Strategy and BD; Paul Lemmo Comments

lockheed martin
Steve O’Bryan Steve O’Bryan has been appointed vice president of strategy and business development at Lockheed Martin [NYSE:LMT] where he succeeds Rick Kirkland, effective June 30, Lockheed said Tuesday. Also, Jack Crisler will help lead Lockheed’s F-35 program as he succeeds O’Bryan as VP of BD and strategic integration, the company said. “In their new roles, they will...

Jason Seibel: Justice Dept Taps Lockheed Subsidiary for Occupational Health Assessment Work

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A Lockheed Martin (NYSE: LMT) subsidiary has won a five-year contract to provide medical and vocational assessment services for a public safety worker benefits program run by the Justice Department. QTC will assess the health records, functional capacity and employability skills of eligible members under the Public Safety Officers’ Benefits initiative, Lockheed said Monday. “We are honored...

Mark Hewitt Joins Lockheed as VP of Strategy for IS&GS Business; Gerry Fasano Comments

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Mark Hewitt Dr. Mark Hewitt, formerly executive vice president and chief strategy officer at QinetiQ North America, has been appointed VP of strategy for Lockheed Martin’s [NYSE: LMT] Information Systems & Global Solutions business. In his new role, Hewitt will oversee the development and management of the IS&GS business’ strategic planning process as well as competitive intelligence...

Air Force Opens New Competition for GPS III Satellites

Satellite
The U.S. Air Force has opened the door to more industry competition for the branch’s Global Positioning System III satellite program. A June 4 FedBizOpps post by the Air Force encourages contractors to submit ideas on production methods for 22 succeeding GPS III space vehicles and associated navigation payloads. Lockheed Martin (NYSE: LMT) is contracted to build eight satellites under the program...

Lockheed to Integrate Fighter Jet Targeting Pods for South Korea, Jordan

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Lockheed Martin (NYSE: LMT) has been awarded two contracts to help South Korea’s and Jordan’s air forces install an electro-optical targeting system on their fighter planes. The company will provide its Sniper Advanced Targeting Pod as well as associated hardware and training support for KF-16 and F-15K fighters used by the Republic of Korea Air Force, Lockheed said June 11. In a separate...

John Rood Joins Lockheed As Local Business Development, Operations VP; Paul Lemmo Comments

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John Rood, a two-decade civil service veteran and former business development lead at Raytheon (NYSE: RTN), has joined Lockheed Martin (NYSE: LMT) as vice president of domestic business development and operations. He will assume his new role on Monday and succeeds John Ward, who is retiring from the company after a 17-year career there, Lockheed announced Wednesday. “John Rood has extensive experience...

Lockheed to Buy Thin-Film Coating Maker Deposition Sciences

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Lockheed Martin (NYSE: LMT) has agreed to purchase Deposition Sciences, an Advanced Lighting Technologies subsidiary that manufactures optical thin film coatings. Financial terms of the deal were not disclosed and the companies expect to close the transaction within 30 days subject to customary regulatory approvals, Lockheed said Wednesday. Lockheed intends to absorb DSI’s 85 staff workers and...

Doug Graham: Lockheed Extends Air Force ICBM Work Under Potential $452M Contract

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Lockheed Martin (NYSE: LMT) has been awarded a potential $452 million contract to sustain the reentry subsystems for the U.S. Air Force’s intercontinental ballistic missiles. Lockheed will work to modify and test the hardware and software components of the Minuteman III ICBM’s reentry system-reentry vehicle subsystem, the company said Thursday. The initial contract contains a one-year base period,...