Jim Taiclet, CEO of Lockheed Martin (NYSE: LMT), said the defense and aerospace contractor is in “late-stage negotiations” with a solid-rocket motor company to create a new supplier of solid rocket motor propulsion systems, DefenseNews reported Thursday. Speaking before the House Armed Services Cyber, Information Technologies and Innovation subcommittee, Taiclet shared that the potential partnership

Jackie Fendrock rejoined ECS as vice president of operations and growth following a two-year stint at Accenture‘s (NYSE: ACN) federal business, where she was a managing director. She assumed various leadership roles at ECS for 10 years before joining Accenture Federal Services in April 2021, the Fairfax, Virginia-based company said Thursday. Fendrock’s 13-year career in

The State Department has approved South Korea’s request to procure Lockheed Martin-manufactured (NYSE: LMT) fighter jets and Pratt & Whitney-built engines from the U.S. government under a potential $5.06 billion foreign military sales agreement. The potential FMS deal includes 25 F-35 conventional take-off and landing aircraft and up to 26 F135-PW-100 engines, the Defense Security