Search Results for: lockheed martin

NASA, Contractors Prep for Commercial Space Missions; Jim Crocker Comments

NASA and industry partners are working to prepare and assess spacecraft and components that are scheduled for deep space missions in 2014 and 2017. The Lockheed Martin (NYSE: LMT)-built Orion unmanned spacecraft is scheduled to launch in the fall and the Space Launch System is set for its first flight …

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Tom Arseneault Promoted to BAE US COO; Dave Herr to Retire

Tom Arseneault, formerly executive vice president of the product sectors at BAE Systems Inc. — the British contractor’s U.S. subsidiary — has been promoted to chief operating officer. BAE also announced Wednesday that Dave Herr, product sectors EVP and a 27-year defense industry veteran, will retire from the company. “As …

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Research and Markets: Critical Infrastructure Protection Market to Grow 10% Over 5 Years

A new survey by Research and Markets forecasts the critical infrastructure protection market to grow double digits over the next five years. The “Critical Infrastructure Protection: Global Advancements, Market Forecasts & Analysis 2013-2018” report seeks to highlights countries’ efforts to build up defenses against disruption of assets in event of …

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US, Iraq Strike $6B Deal for Boeing Apache Helicopters

Iraq will acquire 24 Boeing-made (NYSE: BA) Apache attack helicopters through an approved $6.2 billion deal under the Pentagon’s foreign military sales program, Defense News reported Monday. Paul McLeary writes the Iraqi military’s purchase and lease of AH-64Es was approved by a U.S. congressional panel Monday. The deal also includes …

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Report: Mitsubishi Heavy, BAE Discuss F-35 Parts Deal

Japan-based Mitsubishi Heavy Industries is negotiating with BAE Systems the terms of a potential contract, where Mitsubishi Heavy would supply components for Lockheed Martin‘s (NYSE: LMT) F-35 aircraft, Reuters reported Monday. Tim Kelly writes the progress of that agreement depends on the decision of Japan’s government on whether to subsidize production of parts for …

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Paul Casey Named Northrop UAE Intl Business Development Head

Paul Casey has been appointed to serve as director of international business development for the United Arab Emirates at Northrop Grumman, Monday. Casey will lead the business development activities in the UAE and the rest of the Middle East region, the company announced Tuesday. He joins the company from Lockheed …

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Singapore to Upgrade F-16 Fighter Planes in $2.4B U.S. Arms Deal

Singapore plans to modernize its fleet of F-16 jets under a $2.43 billion foreign military sales agreement with the U.S., Agence France-Presse reported Tuesday. Singapore will purchase new radars, navigation systems, missiles and other components for the F-16 fighter fleet, according to the report. The arms deal also covers precision-guided bombs …

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Raytheon, Rafael to Co-Produce Missile Interceptors; Pini Yungman Comments

Raytheon Co. (NYSE: RTN) and Israeli state-owned company Rafael Advanced Defense Systems are planning to co-develop an air defense system that is already used in Israel for the U.S. Army and allied forces, Defense News reported Thursday. Barbara Opall-Rome writes Rafael and Raytheon also want to jointly build Stunner interceptors, …

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Casey Coleman Appointed AT&T Government Solutions Client EVP

Casey Coleman, formerly chief information officer at the General Services Administration, has joined AT&T (NYSE: T) as client executive vice president for the company’s U.S. federal business division, AT&T Government Solutions. She will be responsible for developing long-term customer relationships and delivering customized offerings to civilian agencies, AT&T said Tuesday. …

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John Casper, Scott Spence Provide Context on Space Fence Contract; Reported for Potential April Release

The U.S. Air Force could award a multi-billion dollar contract in April to build a new radar system for tracking objects in space, Space News reported Dec. 27. Mike Gruss writes the Air Force has spent close to $1.3 billion on the Space Fence program since 2006. Lockheed Martin and …

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