Lockheed Martin (NYSE: LMT) has won a $69,386,572 contract modificationTypes: Administrative Change : A unilateral contract change that does not affect the contractual rights of the parties. Change order: A written order, signed byBudget Year the CO, directing that the contractor to make a change authorized byBudget Year the "changes" clause.... 

Lockheed Martin‘s (NYSE: LMT) board of directors has approved a cash dividend of $1.15 per share for the second quarter of its 2013 fiscal year. The dividend is payable on June 28 to holders of record as of the close of business on June 3, the company said Thursday.  Read More »

BAE Systems and General Dynamics (NYSE: GD) have won an estimated $340 million combined in contract modifications to continue developing technology for a future U.S. Army ground combat vehicle. The Army awarded BAE $159,481,403 and General Dynamics $180,399,976 to continue work for six more months, the Defense Department said Tuesday. Two years ago, the... 

Lockheed Martin Corp. (NYSE: LMT) has won a position on a potential five-year $217 million contract to provide the U.S. Defense Department with information management tools and services that would help carry out its missions. Work for the agency’s Chief Information Office includes the creation of a joint information environment that would modernize... 

Lockheed Martin (NYSE: LMT) and DRS Technologies have won contracts to engineer laser systems aimed at detecting light and illuminating targets for the Defense Advanced Research Projects Agency. DARPA intends for the Laser Radar Technology program to create new imaging systems that find targets and help unmanned ground vehicles and aircraft avoid targets,... 

Lockheed Martin (NYSE: LMT) has won a modificationTypes: Administrative Change : A unilateral contract change that does not affect the contractual rights of the parties. Change order: A written order, signed byBudget Year the CO, directing that the contractor to make a change authorized byBudget Year the "changes" clause. Not issued without contractor... 

Lockheed Martin (NYSE: LMT) has won a $12 million task order to upgrade a command and control system the U.S. Air Force uses to manage and execute joint air operations. The order falls under the $249 million Command and Control Applications and Information Services Development contract and contains two base years with three option years, Lockheed said... 

Lockheed Martin (NYSE: LMT) has won a a $29,478,449 to design, engineer and build commercial-equipment for Aegis computer programs and equipment. The company’s mission systems and training business will also help develop and test the equipment for an Aegis modernization program under a foreign military sales agreement, the Defense Department said... 

Jeff Babione, Lockheed Martin‘s (NYSE: LMT) former vice president and general manager of the F-16 and F-22 integrated fighter group, has been appointed vice president and deputy program manager of the F-35 program. Bridget Lauderdale, VP and GM of aeronautics operations, has succeeded Babione in his former roles on an acting basis and both appointments... 

Jonathan Rambeau, recently vice president of F-35 international programs at Lockheed Martin (NYSE: LMT), has been appointed VP and general manager of the training and logistics solutions business. The Orlando Sentinel reports Rambeau will lead a unit comprising of 4,500 workers across the U.S. that make training simulators and provide mission logistics...