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Search Results for: Lockheed

State Dept Clears $6.53B Lockheed-Built F-35A Aircraft Sale to Belgium

The State Department has approved Belgium’s request to buy 34 Lockheed Martin-built (NYSE: LMT) F-35A conventional take-off and landing fighter aircraft from the U.S. government under a potential $6.53 billion foreign military sales agreement. Lockheed and United Technologies Corp.’s (NYSE: UTX) Pratt & Whitney subsidiary will serve as prime contractors in …

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More Lockheed-Built F-35, Boeing-Built P-8 in Procurement Pipeline for Norway

TYSONS CORNER, VA, Jan. 16, 2018 — Lockheed Martin (NYSE: LMT) could supply F-35 fighter jets and Boeing (NYSE: BA) could deploy P-8 maritime surveillance planes to Norway as the country considers additional procurement of the two aircraft, ExecutiveBiz reported Thursday. Fox Business reported Wednesday Norwegian Prime Minister Erna Solberg has expressed interest …

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Lockheed Martin Picks Gibbs & Cox for Surface Combatant Functional Design Support

TYSONS CORNER, VA, Jan. 16, 2018 — Lockheed Martin (NYSE: LMT) has named Gibbs & Cox as a partner on a project to provide functional design support for Saudi Arabia’s future multi-mission surface combatant vessels, ExecutiveBiz reported Thursday. Gibbs & Cox said Wednesday the contract from Lockheed serves to expand an existing …

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Lockheed Martin Tapped for US-Oman FMS Deal on F-16 Software Updates

TYSONS CORNER, VA, Jan. 9, 2018 — Lockheed Martin (NYSE: LMT) has been named as the prime contractor on a potential $62 million foreign military sale of incremental software updates for Oman’s F-16 aircraft, ExecutiveBiz reported Monday. The Defense Security Cooperation Agency said Friday the State Department cleared Oman’s request to …

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Richard Edwards, Frank St. John Take New EVP Roles at Lockheed; Marillyn Hewson Comments

Lockheed Martin (NYSE: LMT) has appointed two executives to new executive vice president roles in a move that takes effect immediately. Richard “Rick” Edwards, formerly EVP of the company’s missiles and fire control business, has been selected by the board of directors to serve as EVP of Lockheed’s international business, Lockheed …

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Lockheed Lands Army Contract Modification for Helicopter Sights & Sensor System FMS

TYSONS CORNER, VA, Jan. 5, 2018 — Lockheed Martin (NYSE: LMT) will supply target acquisition and night-vision sensor kits for Egypt’s fleet of AH-64 Apache helicopters under a potential $25.2 million contract modification awarded through the U.S. Army, ExecutiveBiz reported Wednesday. The Defense Department said Dec. 29 the modification includes foreign military sales …

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Lockheed Martin Delivers France’s 1st C-130J Super Hercules Transport Aircraft

TYSONS CORNER, VA, Jan. 4, 2018 — Lockheed Martin (NYSE: LMT) has rolled out the first C-130J Super Hercules military transport aircraft that will join France’s fleet of C-160 Transall and C-130H Hercules planes, ExecutiveBiz reported Wednesday. France’s ministry of the armed forces said Dec. 22 the Super Hercules serves to expand the French air force’s …

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Aerospace Vet Vivek Lall Named Lockheed Strategy, BD VP

Vivek Lall, a more than two-decade aerospace industry veteran, has joined Lockheed Martin (NYSE: LMT) as vice president for strategy and business development, Press Trust of India reported Wednesday. Lall previously was chief executive of U.S. and international strategic development at  General Atomics for three years. Before that, he was the president …

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Lockheed-Northrop JV to Refurbish UK Fire Control Radar Assemblies Under $103M Army FMS Contract

A joint venture of Lockheed Martin (NYSE: LMT) and Northrop Grumman (NYSE: NOC) will refurbish fire control radars of the U.K. under a potential $103.1 million foreign military sales contract from the U.S. Army. Longbow will work with the International Apache Attack Helicopter Project Office at Redstone Arsenal in Alabama through U.K.’s Fire Control …

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Navy Exercises $102M Option on Lockheed Aegis Combat System Support Contract

The U.S. Navy has awarded Lockheed Martin (NYSE: LMT) a $102.5 million contract modification for technical support services to the service branch’s Aegis Combat System Engineering Agent effort. Lockheed’s rotary and mission systems business will design, develop, integrate, test and deliver computer program baseline advanced capability builds, as well as technology insertion hardware for the Aegis Combat System, …

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