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Richard Edwards, Frank St. John Take New EVP Roles at Lockheed; Marillyn Hewson Comments

Lockheed Martin (NYSE: LMT) has appointed two executives to new executive vice president roles in a move that takes effect immediately. Richard “Rick” Edwards, formerly EVP of the company’s missiles and fire control business, has been selected by the board of directors to serve as EVP of Lockheed’s international business, Lockheed …

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Lockheed Lands Army Contract Modification for Helicopter Sights & Sensor System FMS

TYSONS CORNER, VA, Jan. 5, 2018 — Lockheed Martin (NYSE: LMT) will supply target acquisition and night-vision sensor kits for Egypt’s fleet of AH-64 Apache helicopters under a potential $25.2 million contract modification awarded through the U.S. Army, ExecutiveBiz reported Wednesday. The Defense Department said Dec. 29 the modification includes foreign military sales …

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Lockheed Martin Delivers France’s 1st C-130J Super Hercules Transport Aircraft

TYSONS CORNER, VA, Jan. 4, 2018 — Lockheed Martin (NYSE: LMT) has rolled out the first C-130J Super Hercules military transport aircraft that will join France’s fleet of C-160 Transall and C-130H Hercules planes, ExecutiveBiz reported Wednesday. France’s ministry of the armed forces said Dec. 22 the Super Hercules serves to expand the French air force’s …

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Aerospace Vet Vivek Lall Named Lockheed Strategy, BD VP

Vivek Lall, a more than two-decade aerospace industry veteran, has joined Lockheed Martin (NYSE: LMT) as vice president for strategy and business development, Press Trust of India reported Wednesday. Lall previously was chief executive of U.S. and international strategic development at  General Atomics for three years. Before that, he was the president …

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Lockheed-Northrop JV to Refurbish UK Fire Control Radar Assemblies Under $103M Army FMS Contract

A joint venture of Lockheed Martin (NYSE: LMT) and Northrop Grumman (NYSE: NOC) will refurbish fire control radars of the U.K. under a potential $103.1 million foreign military sales contract from the U.S. Army. Longbow will work with the International Apache Attack Helicopter Project Office at Redstone Arsenal in Alabama through U.K.’s Fire Control …

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Navy Exercises $102M Option on Lockheed Aegis Combat System Support Contract

The U.S. Navy has awarded Lockheed Martin (NYSE: LMT) a $102.5 million contract modification for technical support services to the service branch’s Aegis Combat System Engineering Agent effort. Lockheed’s rotary and mission systems business will design, develop, integrate, test and deliver computer program baseline advanced capability builds, as well as technology insertion hardware for the Aegis Combat System, …

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USAF Awards Lockheed Potential $7B F-22 Sustainment IDIQ

Lockheed Martin (NYSE: LMT) has secured a potential five-year, $7 billion indefinite-delivery/indefinite-quantity contract to help sustain the U.S. Air Force‘s fleet of F-22 air vehicles. The Defense Department said Thursday Lockheed’s aeronautics business unit will perform work at various locations within and outside the continental U.S. that include Air Force and …

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Lockheed Gets $944M Contract to Supply Updated Patriot Interceptors to Army, Int’l Clients

Lockheed Martin (NYSE: LMT) has received a $944 million contract to produce and deliver updated Patiot missile defense systems to the U.S. Army, Romania and other foreign military sales clients. The company said Thursday it will supply Patriot Advanced Capability-3 missiles and PAC-3 Missile Segment Enhancement interceptors along with launcher …

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Lockheed Gets $961M Air Force IDIQ for Targeting Pod Upgrade, Sustainment Services

Lockheed Martin (NYSE: LMT) has secured a potential five-year, $961 million contract to perform upgrades and provide sustainment services for the U.S. Air Force’s Sniper Advanced Targeting Pods. The indefinite-delivery/indefinite-quantity contract covers 683 Sniper pods, spares, sensor and software updates, logistics support and other services, Lockheed said Wednesday. Paul Lemmo, vice …

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Lockheed Awarded $154M US, UK Trident II System Shipboard Integration Contract

Lockheed Martin (NYSE:LMT) has received a three-year, $154.4 million U.S, Navy  contract to to support Increment 8 of the Trident II Strategic Weapon System Shipboard Integration effort for two classes of future U.S. and U.K. ballistic missile submarines. The Defense Department said Wednesday Lockheed’s rotary and mission systems business will design, test and install navigation …

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