Lockheed Awarded $440M National Airspace System Contract Extension; Rick Hieb Comments

lockheed martinLockheed Martin (NYSE: LMT) has been awarded a $440 million contract extension to continue performing integration and implementation services for the Federal Aviation Administration’s National Airspace System.

The Bethesda, Md.-based company has performed task orders under the NAS Integration Support Contract for the past four years and will continue work through at least October 2017,  Lockheed said Wednesday.

Lockheed works to consolidate and deploy information technology, engineering, spectrum analysis, training and flight procedures, as well as energy, environmental occupational safety and health services for the FAA.

“Our support of the FAA’s NAS Integration Support Contract program helps millions of U.S. travelers reach their destinations annually, ” said Rick Hieb, vice president of exploration and mission support for Lockheed’s information systems and global services business.

Nearly 1, 000 management and technical personnel use Lockheed-made tools to handle air traffic, the company says.

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