Nelson Pedreiro, formerly chief engineer for strategic and missile defense systems at Lockheed Martin‘s (NYSE: LMT) space systems business, has been named head of the company’s Palo Alto, California-based advanced technology center, SpaceNews reported Wednesday. He will succeed Scott Fouse in the role and lead approximately 600 technicians and scientists …

TYSONS CORNER, VA, April 17, 2018 — An industry team led by Lockheed Martin (NYSE: LMT) has hosted the christening ceremony for the U.S. Navy’s 17th Littoral Combat Ship at a shipyard in Marinette, Wisconsin, ExecutiveBiz reported Monday. The company said Saturday the future USS Indianapolis ship will continue to undergo …

TYSONS CORNER, VA, April 13, 2018 — Marillyn Hewson, chairman, president and CEO of Lockheed Martin (NYSE: LMT), has received the 2018 Edison Achievement Award for her contributions to the technology field through her professional career, achievements and leadership, GovCon Executive reported Thursday. Lockheed said Thursday the Edison Awards Steering …

TYSONS CORNER, VA, April 11, 2018 — Lockheed Martin (NYSE: LMT) has announced that General Electric (NYSE: GE), United Technologies Corp. (NYSE: UTX) and Triumph Aerostructures will help on its proposed offering for the U.S. Navy’s MQ-25 carrier-based aerial tanker drone program, ExecutiveBiz reported Tuesday. GE and United Technologies will respectively provide …

TYSONS CORNER, VA, April 10, 2018 — Saudi Arabia’s Defense Minister Crown Prince Mohammed bin Salman has toured Lockheed Martin’s (NYSE: LMT) Sunnyvale, California, facility that houses the company’s satellite programs and missile defense technology, ExecutiveBiz reported Monday. Lockheed said Friday the visit included a walk-through of a test facility …

Lockheed Martin (NYSE: LMT) has received a $116.9 million U.S. Army contract modification to provide Modernized Laser Range Finder Designators for integration into the Dutch military’s AH-64 Apache helicopter. The company will perform work at its Orlando, Florida, facility through Aug. 31, 2020, the Defense Department said Thursday. The Army obligated the modification’s full value at the …

Lockheed Martin (NYSE: LMT) has received a potential $247.5 million contract to design, build and test a supersonic aircraft for NASA. NASA said Tuesday the cost-plus-incentive-fee contract calls for the development of a Low-Boom Flight Demonstration aircraft, dubbed X-plane, designed to travel at a speed of about 940 miles per hour at …

Lockheed Martin (NYSE: LMT) has secured a $211.3 million contract from the U.S. Navy to conduct pre-modernization work on F-35 Block 4.1 common systems. Efforts under the contract will be part of the F-35 preliminary design review for the U.S. Air Force and international partners, the Defense Department said Monday. The Naval Air …

Lockheed Martin‘s (NYSE: LMT) rotary and mission systems business has received a $119.6 million contract modification to produce electronic warfare subsystems for the U.S. Navy. The modification represents options under a previously awarded contract and covers the full-rate production of AN/SLQ-32(V)6 Block 2 subsystems under the Surface Electronic Warfare Improvement Program, the  Defense Department said …

Poland and Lockheed Martin (NYSE: LMT) have signed an agreement for the company to build Patriot Advanced Capability-3 Missile Segment Enhancement missiles and associated equipment for the Polish military. Lockheed said Wednesday Poland will be its fifth international customer to procure PAC-3 MSE missiles. The system is designed to engage ballistic missiles, cruise missiles …