Search Results for: lockheed

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 …

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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 …

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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 & …

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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 …

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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 …

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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 …

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Lockheed Vet Robert Cleave Joins Space Firm Vector as Chief Revenue Officer

Robert Cleave, a 13-year veteran of Lockheed Martin (NYSE: LMT) and founder of satellite operator Xtar, has been named chief revenue officer of space launch company Vector. He will lead a line of business as well as budgeting, customer acquisition and partnership efforts in his new position, Vector said Thursday. The three-decade space industry veteran …

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Lockheed Partners With Raytheon on Payload Dev’t for New USAF Missile-Warning System

TYSONS CORNER, VA, January 11, 2018 — Lockheed Martin (NYSE: LMT) has named Raytheon (NYSE: RTN) a partner in its effort to develop a missile-detection platform for the U.S. Air Force that would succeed the current Space Based Infrared System satellites, ExecutiveBiz reported Thursday. Raytheon said Wednesday it will help design …

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Leidos, Lockheed Vet Sharon Watts Appointed Constellis Chief Administrative Officer; Tim Reardon Quoted

Sharon Watts, formerly an executive at Leidos (NYSE: LDOS) and Lockheed Martin (NYSE: LMT), has joined Constellis as chief administrative officer. Constellis CEO Tim Reardon said in a statement released Monday Watts brings to the company “a strong background in information systems, human resources, staffing and optimizing merger and acquisition synergies.” She …

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Lockheed to Update Navy Surface EW Subsystems Under $184M Contract Modification

Lockheed Martin‘s (NYSE: LMT) rotary and mission systems business has received a $184.1M firm-fixed-price contract modification to update subsystems of the U.S. Navy‘s AN/SLQ-32(V) electronic warfare system. The Navy issued the award to exercise options under a previously award contract for Block 2 full-rate production as part of the Surface Electronic …

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