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Lockheed To Help Update US Ballistic Missile Defense Simulation Framework Under $240M Contract

Lockheed Martin (NYSE: LMT) has secured a $240M contract to help the Missile Defense Agency update the foundational simulation approach for the country's Ballistic Missile Defense System. The company said Wednesday it will lead an industry team to sustain the readiness of BMDS to counter evolving threats as part of the Modeling and Simulation Contract–Framework and Tools.

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Lockheed’s Rick Ambrose on Air Force’s Next-Gen Missile Warning Satellite Program

Rick Ambrose, head of Lockheed Martin’s (NYSE: LMT) space business and a 2019 Wash100 winner, told C4ISRNET in an interview published Monday that the Air Force’s missile warning satellite initiative - Next-Generation Overhead Persistent Infrared program – will offer more flexibility and built-in resiliency capabilities.

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Linda Foster, Director of Advanced Program Development Innovation for Mission Solutions & Space for Lockheed Martin, Announced as Panelist for Potomac Officers Club’s 2019 Intel Summit on July 31st

Linda Foster, director of Advanced Program Development Innovation for Mission Solutions & Space for Lockheed Martin, will be featured as an expert panelist during for Potomac Officers Club’s 6th Annual Intel Summit on July 31st. She will be joined by Dr. Andrew Jenkins of Maxar Technologies and Alexander Miller of the U.S. Army. 

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McAleese & Associates: Lockheed’s Q2 2019 Sales Growth Driven by Space, Missiles & Fire Control Segments

A report by consulting firm McAleese & Associates says Lockheed Martin (NYSE: LMT) saw its sales in the second quarter of 2019 rise 8 percent to $14.4B primarily driven by sales growth in the company’s missiles and fires control sector and space segment.

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