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Lockheed Martin Space Systems Hires New Strategy, Business Dev’t VP; Rick Ambrose Comments

TYSONS CORNER, VA, March 29, 2016 — Lockheed Martin (NYSE: LMT) has hired Kay Sears, formerly president of Intelsat General, as its space systems organization’s new vice president for strategy and business development, GovCon Executive reported Wednesday. Lockheed said March 22 Sears will be in charge of the business unit’s strategic planning, …

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Lockheed Awarded $180M Navy Contract Modification for F-35 Materials

Lockheed Martin (NYSE:LMT) has received a $180 million contract modification from the U.S. Navy to continue procurement of F-35 aircraft parts. The Defense Department said Thursday the modification builds on the advance acquisition contract awarded in December 2015 for long-lead-time materials, components and parts for the low-rate initial production of Lot 11 F-35s. Lockheed will also …

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Lockheed Martin Receives $1.5B Air Force C-130J Contract Modification

Lockheed Martin (NYSE: LMT) has received a $1.5 billion contract modification to fund the procurement of C-130J aircraft for the U.S. Air Force. The Defense Department said Thursday the contract represents full funding for the procurement of long-lead items the Air Force ordered along with 28 fiscal 2016 C-130J. The covered aircraft …

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Lockheed Unit to Provide Claims Processing Support to VA; Horace Blackman Comments

TYSONS CORNER, VA, March 24, 2016 — A Lockheed Martin (NYSE: LMT) subsidiary has received a task order under the potential $262 million Transformation Twenty One Total Technology contract to provide claims processing support to the Department of Veterans Affairs, ExecutiveBiz reported Friday. Systems Made Simple will provide a repository to help …

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Lockheed Martin Eyes Move of Some F-16 Production Work to India

TYSONS CORNER, VA, March 23, 2016 — Lockheed Martin (NYSE: LMT) is working with the U.S. and Indian governments to discuss the potential move of some F-16 aircraft production operations to India, ExecutiveBiz reported Tuesday. The Hindu newspaper reported Monday the plan works to support the country’s recapitalization targets for fighter jets and …

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Lockheed Awards ASRC Federal for Orion Program Support; Mark Gray Comments

TYSONS CORNER, VA, March 23, 2016 — Lockheed Martin (NYSE: LMT) has awarded ASRC Federal for its work to support the Orion program with NASA, GovCon Executive reported March 15. ASRC Federal said March 9 it received the 2015 Rigel Award as Lockheed’s top small business partner for that year during which …

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Lockheed-Built Missiles With 3D-Printed Components Complete Navy Test Flights

TYSONS CORNER, VA, March 22, 2016 — Lockheed Martin (NYSE: LMT) has used 3D-printed connector backshells on its Trident II D5 fleet ballistic missiles to help drive an efficient manufacturing process, ExecutiveBiz reported Monday. The company said Friday Trident II missiles with the 3D-printed components completed a U.S. Navy test flight as part of the Trident …

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Lockheed’s Rick Ambrose: 1st GPS III Satellite to be Completed August

TYSONS CORNER, VA, March 22, 2016 — Rick Ambrose, executive vice president of space systems at Lockheed Martin (NYSE: LMT), has indicated that work on the first GPS III satellite for the U.S. Air Force is scheduled to complete by August, ExecutiveBiz reported March 10. SpaceNews reported March 9 that Ambrose said in …

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Draper Lab Gets $164M Navy Award to Produce Guidance System for Lockheed-Built Missiles

Charles Stark Draper Laboratory has received a potential $163.6 million contract from the U.S. Navy to produce a guidance system for the Lockheed Martin-built (NYSE: LMT) Trident D5 MK 6 fleet ballistic missile. The lab will also perform failure verification, test, repair and recertification of Trident’s inertial measurement units, electronic assemblies and electronic …

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Lockheed Martin Lands $197.6M Navy Aegis Combat System Engineering Contract

Lockheed Martin (NYSE: LMT) has received a $197.6 million contract modification to design and test computer program baselines for the U.S. Navy’s Aegis combat system. The company will also provide integration and delivery services for related technology insertion hardware design for the next build, the Defense Department said Wednesday. Lockheed …

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