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Search Results for: Lockheed

Lockheed Unveils Object Recognition Tool With Deep Learning Capability; Maria Demaree Quoted

TYSONS CORNER, VA, June 13, 2019 — Lockheed Martin (NYSE: LMT) showcased a cloud-based object identification tool at the recent GEOINT 2019 Symposium, previously demonstrating how it analyzes satellite imagery using Maxar Technologies‘ (NYSE: MAXR) Geospatial Big Data platform, ExecutiveBiz reported June 6. The Global Automated Target Recognition system works …

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Red Hat Helps Lockheed Adopt Open Source, Agile to Update F-22 Aircraft; Paul Smith Quoted

TYSONS CORNER, VA, May 16, 2019 — Red Hat (NYSE: RHT) collaborated with Lockheed Martin (NYSE: LMT) to utilize open source architecture, DevSecOps practices and an Agile methodology for the development and deployment of updates for the U.S. Air Force’s F-22 Raptor fleet, ExecutiveBiz reported May 7. The open source …

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Dean Acosta to Rejoin Lockheed as Comms SVP; Marillyn Hewson Quoted

Dean Acosta, a corporate communications veteran in the aerospace and defense sectors, has been named senior vice president of communications at Lockheed Martin (NYSE: LMT) in a move that takes effect May 20. “His expertise and experience will help us communicate how our company works every day to protect lives, …

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Lockheed Preps F-16 Block 70 Production at New Plant in Greenville, SC; Michele Evans Quoted

TYSONS CORNER, VA, May 6, 2019 — Lockheed Martin (NYSE: LMT) established a new production line for the F-16 Fighting Falcon aircraft last month in South Carolina as it seeks to use the refurbished hangar as manufacturing base for the F-16 Block 70 later in the year, ExecutiveBiz reported April …

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Robert Lightfoot to Join Lockheed’s Space Business as Strategy, BD VP; Rick Ambrose Quoted

Robert Lightfoot, former acting administrator of NASA, has been appointed vice president of strategy and business development at Lockheed Martin’s (NYSE: LMT) space segment in a move that will take effect May 6. He will oversee new business strategy, technology concepts and strategic planning activities for the space business area, …

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Lockheed Awarded $1.1B F-35 Sustainment Contract

Lockheed Martin (NYSE: LMT) has secured a potential $1.14B contract from the U.S. Navy to provide sustainment services for the F-35 Lightning II program. Work under the cost share contract includes supply chain management, ground maintenance, depot activation, action request resolution and health management implementation, the Department of Defense said …

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Lockheed Secures Potential $202M Navy Engineering Support Contract

Lockheed Martin’s (NYSE: LMT) rotary and mission systems business secured a potential $201.7M contract to provide engineering services to the U.S. Navy. The sole-source, cost-plus-fixed-fee contract has a face value of $26.9M and will reach its potential value if the service branch exercises all options, the Department of Defense said …

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