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Search Results for: Lockheed

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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Army Issues $723M Modification on Lockheed Hellfire II Missile Contract

The U.S. Army has awarded Lockheed Martin (NYSE: LMT) a $723.5M contract modification to provide multiple variants of the Hellfire II missile system. Lockheed will deliver missiles to domestic and foreign military sales customers that include Lebanon, Netherlands and France, the Department of Defense said Thursday. Hellfire II uses a semi-active …

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Lockheed Awarded $90M to Establish F-35 Core Processor Depot Repair System

Lockheed Martin (NYSE: LMT) has received a $90.7M contract modification from the Naval Air Systems Command to create an organic depot repair process for the F-35 integrated core processor. The fixed-price-incentive-fee award combines purchases from the U.S. Air Force, Navy and Marine Corps, the Department of Defense said Thursday. Work …

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