Home / Search Results for: Lockheed

Search Results for: Lockheed

Navy Awards Lockheed Potential $970M IDIQ for Submarine EW Tech Insertion Support

Lockheed Martin (NYSE: LMT) has won a potential $970.1M contract to provide technical and engineering support to electronic warfare technology insertion efforts for the U.S. Navy’s submarines. The company will design, build, test, integrate, insert, refresh and support the AN/BLQ-10  EW system designed for integration into in-service and newly constructed …

Read More »

Lockheed Previews Future $50M Facility at Orlando Campus in Push for Expansion

TYSONS CORNER, VA, February 7, 2019 — Lockheed Martin (NYSE: LMT) has unveiled an upcoming $50M facility at its campus in Orlando as the company moves to expand its workforce and meet requirements for a series of defense contracts, ExecutiveBiz reported Wednesday. Orlando Sentinel reported Tuesday that the 250K-square-foot building is …

Read More »

Rick Ambrose: Lockheed Backs Collaboration as NASA, Space Industry Eye New Capabilities

TYSONS CORNER, VA, February 6, 2019 — Rick Ambrose, executive vice president of Lockheed Martin‘s (NYSE:  LMT) space business, has expressed the company’s support for collaboration and multinational participation in the push to advance capabilities in the space industry, ExecutiveBiz reported Jan. 30. Ambrose, a 2019 Wash100 awardee, said in …

Read More »

Lockheed Receives $90M Navy Contract Modification to Explore F-35 Cost Reduction Measures

Lockheed Martin (NYSE: LMT) has received a three-year, $90.3M contract modification from the U.S. Navy to identify and implement measures to reduce the cost of the F-35 air system. The company will aim to complete the cost reduction efforts by June 2022, the Department of Defense said Tuesday. The Navy, Air Force and …

Read More »

Lockheed Gets $101M Contract Modification for USAF JASSM-ER Subsystem Design Changes

Lockheed Martin (NYSE: LMT) has received a $100.6M contract modification from the U.S. Air Force to design, develop, integrate and test subsystem design changes for the extended range variant of the Joint Air-to-Surface Standoff Missile system. The project will center on the JASSM-ER wings and chines and work under the modification …

Read More »

Lockheed, Florida Nonprofit Collaborate on Employment Program for Military Vets

TYSONS CORNER, VA, January 31, 2018 — Lockheed Martin (NYSE: LMT) has entered into a partnership with a nonprofit organization as part of a program to generate civilian work opportunities for military veterans and drive job growth in Florida, ExecutiveBiz reported Wednesday. Veterans Florida said Jan. 24 Lockheed will support the …

Read More »

McAleese & Associates: Lockheed’s 2018 Sales Driven by Aeronautics, Missiles & Fire Control Businesses

A report by consulting firm McAleese & Associates says Lockheed Martin (NYSE: LMT) saw its fiscal 2018 sales rise 8 percent to $53.8B and the increase was primarily driven by revenue growth in the Bethesda, Md.-based company’s aeronautics and missiles and fire control segments. Jim McAleese, founder and principal of McAleese & …

Read More »

Lockheed Gets $560M Modification on Trident II D5 Missile Production, Support Contract

Lockheed Martin (NYSE: LMT) will continue to manufacture submarine-launched ballistic missiles for the U.S. Navy and the government of U.K. under a four-year, $559.6M contract modification. The company will also support both countries’ deployed Trident II D5 missile systems, the Department of Defense said Thursday. The Navy will obligate $421.8M in …

Read More »

Lockheed Gets $542M IDIQ for Lot 13 F-35 Ancillary Mission Equipment, Spares

Lockheed Martin‘s (NYSE: LMT) aeronautics business has received a five-year, $542.2M contract to provide F-35 ancillary mission equipment and associated initial spares to U.S. and international military customers. The Department of Defense said Tuesday the company will initially receive $437.3M in U.S. Air Force, Navy and Marine Corps aircraft procurement, non-U.S. DoD participant and foreign …

Read More »

Air Force Awards Lockheed $132M Contract to Sustain C-5 Airlifters

Lockheed Martin (NYSE: LMT) has received a potential $131.6M contract to perform sustaining engineering work on the U.S. Air Force‘s fleet of C-5 Galaxy airlifters. The Air Forcewill obligate $23.5M at the time of award from its fiscal 2019 operations and maintenance and transportation working capital funds, the Department of Defense …

Read More »