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Lockheed Martin Unveils New Florida Facility for F-35 Parts Production

TYSONS CORNER, VA, May 2, 2018 — Lockheed Martin (NYSE: LMT) has unveiled a new facility in Pinellas Park, Florida, that will house production of canopies and bulkheads for F-35 fighter aircraft, ExecutiveBiz reported Tuesday. The company said Monday the facility adds 65,500 square feet of manufacturing and office space …

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Lockheed-Led Team Lands $1.4B F-35 Sustainment Support Contract

A Lockheed Martin-led (NYSE: LMT) industry team has received a potential $1.4 billion contract to provide sustainment support for F-35 fighter jets worldwide. The contract awarded by the F-35 joint program office also covers Automatic Logistics Information System support, predictive health management and data analytics; supply chain logistics; air system maintenance; …

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Lockheed Receives $829M Army FMS Contract for Multiple Launch Rocket Systems

Lockheed Martin (NYSE: LMT) has secured a potential $828.7 million contract from the U.S. Army to produce Guided Multiple Launch Rocket Systems for Finland, South Korea and Romania. The Defense Department said Friday. the full obligated amount at the time of award is from the Army’s fiscal 2016, 2017 and 2018 “other” procurement and foreign …

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Former Lockheed, Leidos Exec Melanie Heitkamp Named L3 SVP, Chief HR Officer

Melanie Heitkamp, formerly senior vice president of human resources at Leidos‘ (NYSE: LDOS) defense and intelligence group, has been appointed SVP and chief HR officer of L3 Technologies (NYSE: LLL) in a move slated to take effect May 21. L3 said Thursday Heitkamp will succeed the retiring Kevin Weiss and oversee the company’s recruitment …

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NASA Preps Launch of Lockheed-Built Spacecraft for Mars Interior Study

TYSONS CORNER, VA, April 26, 2018 — A Lockheed Martin-built (NYSE: LMT) spacecraft is scheduled for launch in May to support a NASA mission that aims to study Mars’ seismic activity and interior components, ExecutiveBiz reported Wednesday. NASA’s Jet Propulsion Laboratory said Tuesday the InSight lander will lift off on May 5 …

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Lockheed Plans F-35/F-22 Hybrid as Proposed Stealth Fighter to Japan

TYSONS CORNER, VA, April 23, 2018 — Lockheed Martin (NYSE: LMT) is eyeing a hybrid of its F-35 Lightning II and F-22 Raptor fighter jets as its offer to Japan for the country’s potential $40 billion stealth fighter aircraft procurement program, ExecutiveBiz reported Friday. Reuters reported Friday Lockheed had initial discussions with Japanese defense …

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Lockheed Submits Proposal for Follow-On Air Force GPS III Satellites

TYSONS CORNER, VA, April 19, 2018 — Lockheed Martin (NYSE: LMT) has submitted its bid for the U.S. Air Force’s GPS III Follow On program aimed at developing up to 22 next-generation GPS satellites with anti-jamming capabilities, ExecutiveBiz reported Wednesday. The company said Tuesday its proposed GPS III platform includes …

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Raytheon, Navy Test JSOW C Missile on Lockheed’s F-35C Fighter Jet

TYSONS CORNER, VA, April 19, 2018 — Raytheon (NYSE: RTN) has completed developmental tests on the Joint Standoff Weapon C warhead in collaboration with the U.S. Navy and F-35 fighter aircraft manufacturer Lockheed Martin (NYSE: LMT), ExecutiveBiz reported Wednesday. The test looked at the integration of JSOW C, an air-to-ground missile with …

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Lockheed Wins Potential $928M Air Force IDIQ to Design, Build Hypersonic Strike Weapon

Lockheed Martin (NYSE: LMT) has won a potential $928 million contract to design, develop, integrate and test a hypersonic conventional strike weapon that can launch from bomber and fighter aircraft platforms. The Air Force Life Cycle Management received three offers for the indefinite-delivery/indefinite-quantity contract that will also include engineering and logistics planning services, the Defense Department said …

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