Search Results for: Lockheed

State Dept Approves $192M Rocket Sale to Jordan

The State Department has approved a proposed $192 million foreign military sale of Lockheed Martin‘s (NYSE: LMT) M31 Unitary Guided Multiple Launch Rocket Systems with related components and services to Jordan. The Defense Security Cooperation Agency said Thursday that Jordan has ordered 72 GMLRS rocket pods, spare and repair parts, associated equipment and logistics, systems integration and training …

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US Navy Awards $99M Software Development, Maintenance IDIQ

The U.S. Navy has awarded contracts worth a total of $98, 960, 000 to nine companies for the development, testing, fielding and maintenance of the service’s strike planning and execution systems software. Each contractor will have the opportunity to compete for individual task orders to design, evaluate, integrate and deploy the …

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Reuters: Arlington Capital Partners Eyes Novetta Solutions Sale

Arlington Capital Partners is considering a sale of analytics firm Novetta Solutions, which could be valued at more than $650 million, Reuters reported Tuesday. Mike Stone reports the private equity firm tapped Morgan Stanley and Houlihan Lokey to advise on a possible auction for the sale. Novetta works with defense …

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Bloomberg: State Dept to Clear UAE’s $220M Buy of General Atomics’ Predator XP

The State Department plans to approve a proposed $220 million direct sale of General Atomics-built Predator XP surveillance drones and related equipment to the United Arab Emirates, Bloomberg reported Tuesday. Anthony Capaccio writes that this will be the first sale of unmanned aircraft to a non-NATO member if the deal moves forward. The report …

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Marillyn Hewson Chosen To Wash100 for M&A, Tech Leadership

Executive Mosaic, Tysons Corner, VA February 20, 2015 – Marillyn Hewson has been listed among this year’s Wash100 most influential leaders in GovCon for the Lockheed Martin CEO’s leadership role in the mergers & acquisitions and technology markets. The Wash100 is the premier group of private and public sector leaders selected by Executive Mosaic’s …

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ULA Adds New Launch Services Work for Air Force

United Launch Alliance, a joint venture between Boeing (NYSE: BA) and Lockheed Martin (NYSE: LMT), has received a $383 million contract modification to deliver additional launch vehicle production services to the U.S. Air Force. The modification adds three pre-priced contracts for the configurations of one Air Force Delta IV, one U.S. Navy …

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Krisstie Kondrotis Appointed BD SVP at Spirit AeroSystems

Krisstie Kondrotis, formerly vice president of business development at Northrop Grumman‘s (NYSE: NOC) information systems business, has joined aerostructures maker Spirit AeroSystems as senior VP for business development. The Wichita, Kan.-based company said Monday Kondrotis will be in charge of the company’s global marketing and partnership efforts in the commercial and defense markets. Kondrotis has …

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Al Nardslico: Systems Made Simple to Continue Supporting VA Claims Process Automation

Systems Made Simple has won a recompete contract to help the Department of Veterans Affairs create and maintain applications for processing veterans’ disability claims electronically. The Lockheed Martin-owned company said Tuesday it has been supporting the agency’s efforts to convert paper claims to digital records under the Veterans Services Network …

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Stanton Sloane Appointed Comtech President, CEO; Fred Kornberg Comments

Stanton Sloane, president and CEO of Decision Sciences International Corp., will join Comtech Telecommunications (NASDAQ: CMTL) as president and CEO by February 2015 and succeed Fred Kornberg. Comtech said Tuesday Kornberg will remain as executive chairman of the board of directors. “Having been a director of Comtech since January 2012 and a long-time and …

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