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Tag Archives: Lockheed Martin

Lockheed Receives $870M Missile Defense System Contract Modification

lockheed martin

Lockheed Martin (NYSE: LMT) will continue to provide development and engineering support for the missile defense system’s command, control, battle management and communications platform under a potential $870 million contract modification. The Defense Department said Monday the modification increases the firm-fixed-price contract’s total value from $1.2 billion to $2 billion. ...

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Systems Made Simple Lands 2 VA IT Support Contracts

Systems Made Simple

Systems Made Simple has been awarded two contracts to help the U.S. Department of Veterans Affairs update the agency’s pharmaceutical software applications and develop information technology performance monitoring metrics. The Lockheed Martin-owned (NYSE: LMT) company said it will build clinical decision support tools for VA pharmacists to crosscheck prescriptions and ...

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Jacobs Continues Design Work on Australia’s F-35 Facilities Project


TYSONS CORNER, VA June 18, 2015 — Executive Mosaic — ExecutiveBiz reported Wednesday on Jacobs Engineering being awarded a contract to continue design services work for Lend Lease, managing contractor for Australia’s air combat facilities. The award expands the scope of the original contract the company won in 2011 that included ...

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Lockheed, Raytheon Perform Javelin Live-Fire Launcher Tests


TYSONS CORNER, VA June 17, 2015 — Executive Mosaic — A joint venture of Lockheed Martin (NYSE: LMT) and Raytheon (NYSE: RTN) has performed test live-fires of the Javelin missile to demonstrate extended range and versatility updates to the current man-portable platform, ExecutiveBiz reported Tuesday. The lightweight anti-tank missile was ...

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Pamela McGregor Joins Spear as Strategic Accounts SVP; Gino Antonelli Comments

Pamela McGregor

Pamela McGregor, formerly vice president of defense and advanced programs at Unisys (NYSE: UIS), has been appointed senior VP of Spear‘s strategic accounts division. She will be responsible for helping capture new contracts and customers in the federal government market as well as oversee the organization’s efforts to deliver big ...

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Gregory Hayes: UTC to Decide on Sikorsky Spinoff or Sale Move in ‘Coming Weeks’

Gregory Hayes

United Technologies Corp. (NYSE: UTX) will leave the helicopter manufacturing business through a separation of its Sikorsky Aircraft business in a move UTC expects to complete by the end of its third quarter. “Over the coming weeks, we’ll determine whether a spinoff or direct sale is the best way to enhance Sikorsky’s long-term success ...

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Rick Wagner Appointed to ManTech SVP Post; Bill Varner Comments

Rick Wagner_TASC_EM

Rick Wagner, formerly chief strategy officer at TASC, has been appointed senior vice president and general manager of ManTech International’s (Nasdaq: MANT) advanced technical solutions division. He will oversee ManTech’s work to develop cloud computing, big data, analytics and enterprise information technology systems for the intelligence community, the company said Wednesday. The division is ...

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State Dept Clears $2B in Foreign Arms Sales With South Korea, Lebanon


The State Department has approved two separate foreign military sale agreements worth approximately $2.37 billion combined for South Korea to purchase the Aegis Combat System and Lebanon to buy A-29 Super Tucano aircraft. The Defense Security Cooperation Agency said Tuesday the principal contractors on the $1.91 billion Aegis sale to South Korea are Lockheed Martin (NYSE: LMT), ...

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Lockheed, Air Force Ink Missile Warning Satellite Contract Modification

lockheed martin

Lockheed Martin (NYSE: LMT) will upgrade its A2100 geosynchronous spacecraft for the U.S. Air Force‘s Space Based Infrared System satellite program under a modification to a $1.8 billion contract awarded in June 2014. The Air Force Space Command said Tuesday it issued the modification after Lockheed proposed a framework to ...

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Reports: Germany to Purchase MEADS Missile Defense System for $4B


Germany has placed a potential $4.5 billion order for the Medium Extended Air Defense System made by Lockheed Martin (NYSE: LMT) and MBDA as part of efforts to update country’s missile defense system, Syracuse.com reported Monday. Mark Weiner writes that Lockheed’s plant in the Salina suburb of Syracuse, New York holds a $625 million share ...

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