Home / Tag Archives: Lockheed

Tag Archives: Lockheed

Report: UAE, Lockheed Seal $1.6B F-16 Upgrade Deal

Lockheed Martin (NYSE: LMT) has secured a potential $1.6 billion order to perform upgrades to the United Arab Emirates’ F-16 fighter aircraft, The National reported Sunday. The report said UAE’s armed forces entered numerous defense deals with U.S. companies, which include an agreement for Lockheed to modernize 80 F-16s. Lockheed CEO …

Read More »

James Collier Named NCI EVP, Treasurer & CFO

James Collier, former senior vice president of corporate planning and analysis at Leidos (NYSE: LDOS), has joined government technology services contractor NCI as executive vice president, chief financial officer and treasurer. NCI said Wednesday the nearly three-decade industry veteran will lead the company’s financial operations in his new position. His professional background spans …

Read More »

Lockheed Secures $70M F-22 Sustainment Contract Modification

Lockheed Martin (NYSE: LMT) has secured a potential $70 million contract modification from the U.S. Air Force to accelerate, stabilize and restore the supply rate of F-22 sustainment efforts. The Defense Department said Friday the Air Force Life Cycle Management Center will obligate $35 million in fiscal 2017 operations and maintenance …

Read More »

Former Govplace CFO Mark Serway Named HDS Federal Finance Chief, Operations VP

Mark Serway, former chief financial officer of government technology provider Govplace, has joined Hitachi Data Systems‘ federal business as CFO and vice president of operations. He will report to HDS Federal President and CEO David Turner and oversee the unit’s controllership, treasury, tax, information technology and customer support functions, Hitachi Data Systems said …

Read More »

Sikorsky Gets $304M Contract Funds to Produce Initial Navy CH-53K Helicopters

Lockheed Martin‘s (NYSE: LMT) Sikorsky subsidiary has received a potential $304 million contract modification from the U.S. Navy for the low-rate initial production of lot 1 CH-53K heavy-lift helicopters. The Defense Department said Thursday that Sikorsky will build two CH-53K units as well as provide aircraft, programmatic and logistics support, peculiar support equipment and …

Read More »

Report: Israel to Purchase 17 More F-35s Under Potential $2B Deal

Israel has signed an agreement with the U.S. government and Lockheed Martin (NYSE: LMT) to buy an additional 17 F-35 fighter jets worth approximately $1.7 billion, The Times of Israel reported Sunday. Israel’s defense ministry said Lockheed is slated to deliver the new batch of 17 F-35s by December 2024 after the …

Read More »

Lockheed Gets $548M Army Contract Modification to Produce Hellfire II Missiles

Lockheed Martin (NYSE: LMT) has received a $547.9 million contract modification from the U.S. Army to manufacture Hellfire II semi-active laser-guided missiles. The Defense Department said Thursday the modification covers the production of 7,358 Hellfire II missiles in containers and in a range of air-to-ground missile models. Lockheed’s missiles and fire control business unit …

Read More »

General Dynamics, Lockheed Vet James McConville Named Privia President, CEO

James McConville, a more than 20-year federal market veteran, has joined Privia as president and CEO of the Herndon, Virginia-based government contracting bid, capture and proposal software company. He previously held a similar dual-role at Aeromech Engineering and served as an executive vice president at Chandler/May, both of which Lockheed Martin (NYSE: LMT) …

Read More »

Lockheed Receives $427M F-35 Ancillary Military, Pilot Flight Equipment Order

Lockheed Martin (NYSE: LMT) has secured a $427 million order from the U.S. Navy to provide ancillary military and pilot flight equipment for the 11th batch of low-rate initial production F-35 jets. The Defense Department said Monday Lockheed will supply the F-15 equipment to the Navy, Air Force, Marine Corps, non-DoD participants and foreign military sales customers. Work is …

Read More »

Air Force Adds Lockheed to $499M Aerospace Platform R&D Contract

Lockheed Martin (NYSE: LMT) has won a spot on a potential eight-year, $499 million contract from the U.S. Air Force to research and develop new aerospace vehicle technologies for warfighters. The Defense Department said Thursday Lockheed will support the Aerospace Systems Air Platform Technology Research program in Fort Worth, Texas, through 2025. Northrop …

Read More »