Lockheed Martin (NYSE: LMT) has received a three-year, $348.2M U.S. Navy contract modification to fund the production of special tools and test equipment for lot 12 F-35 jets. The Naval Air Systems Command is obligating the full amount of the modification from Navy, Marine Corps, Air Force and non-Department of Defense partner and foreign military sales funds, DoD said Tuesday.

Lockheed Martin (NYSE: LMT) has won a potential $124.9M contract to integrate and test a combat system on guided missile frigate vessels for the U.S. Navy. The service branch received three offers for the cost-plus-incentive-fee, cost-plus-fixed-fee, firm-fixed-price contract via FedBizOpps, the Department of Defense said Monday.

Lockheed Martin’s (NYSE: LMT) board of directors has appointed company veterans Frank St. John and Scott Greene to new executive vice president roles, effective Aug. 26.

TYSONS CORNER, VA, June 24, 2019 — Lockheed Martin has offered its satellites to join a space sustainability project of the World Economic Forum which aims to determine how satellites follow best practices for debris mitigation and other space operations issues, ExecutiveBiz reported Thursday.

Senior leaders from Lockheed Martin (NYSE: LMT) and Airbus reaffirmed their partnership to explore and meet the aerial refueling needs of the U.S. military during a meeting at the Paris Air Show.

TYSONS CORNER, VA, June 17, 2019 — A Cubic (NYSE: CUB) business unit will supply video data link systems to Lockheed Martin (NYSE: LMT) in support of a follow-on modernization program to further develop the combat capability of the F-35 Lightning II fighter aircraft, ExecutiveBiz reported Tuesday. Cubic Mission Solutions …

TYSONS CORNER, VA, June 13, 2019 — Lockheed Martin (NYSE: LMT) showcased a cloud-based object identification tool at the recent GEOINT 2019 Symposium, previously demonstrating how it analyzes satellite imagery using Maxar Technologies‘ (NYSE: MAXR) Geospatial Big Data platform, ExecutiveBiz reported June 6. The Global Automated Target Recognition system works …

Michele Evans, executive vice president of the aeronautics segment at Lockheed Martin (NYSE: LMT), has joined the board of directors of liquefied natural gas supplier Cheniere Energy (NYSE: LNG).

Lockheed Martin (NYSE: LMT) and the Department of Defense have reached a “handshake agreement” for the company to build 157 low rate initial production lot 12 F-35 fighter aircraft with options for LRIP lots 13 and 14.

Lockheed Martin (NYSE: LMT) has secured a potential seven-year, $1.81B contract from the U.S. Navy to continue design and development work on F-35 Block 4 features.