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Lockheed Secures Potential $421M Navy Contract For AEGIS Engineering, Maintenance Services

Lockheed Martin‘s (NYSE: LMT) mission systems and sensors business has received a potential $421 million contract from the U.S. Navy to provide a range of services in support of the Advanced Electronic Guidance and Instrumentation System. The Defense Department said Friday the contract covers in-service combat systems engineering, computer program maintenance, annual …

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Leidos CEO Roger Krone to Lead Briefings With Employees From Lockheed IS&GS

TYSONS CORNER, VA, June 23, 2016 — Leidos (NYSE: LDOS) Chairman and CEO Roger Krone will lead town hall meetings with incoming employees from Lockheed Martin‘s (NYSE: LMT) information systems and global solutions business ahead of the close of a $5 billion deal to acquire the latter, ExecutiveBiz reported Monday. Forbes reported …

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Lockheed Services Unit Lands Potential $733M Army Sensor & Data Support Task Order

The services segment of Lockheed Martin (NYSE: LMT) slated to merge into Leidos Holdings (NYSE: LDOS) has been awarded a potential three-year, $733 million task order to help the U.S. Army manage, operate and maintain sensor equipment and platforms used to collect data. Lockheed said Tuesday the order includes one base year with two one-year …

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Lockheed Eyes Int’l Defense Market for Radar Tech Project With Australian Agency

TYSONS CORNER, VA, June 20, 2016 — Lockheed Martin (NYSE: LMT) has worked with Australia’s defense science and technology group to build a long-range, over-the-horizon radar that works to track small and fast-moving objects, ExecutiveBiz reported Friday. Defense News reported Friday the team completed initial validation on the technology as part of Project …

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Lockheed’s Rick Ambrose Talks Space Industry Outlook at Atlantic Council Event

TYSONS CORNER, VA, June 9, 2016 — Rick Ambrose, executive vice president of Lockheed Martin‘s (NYSE: LMT) space systems business, was featured in the Atlantic Council’s Captains of Industry Series event Wednesday, GovCon Executive reported Monday. The council said Ambrose’s portion in the discussion focuses on Lockheed’s outlook and projected role …

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Lockheed, MBDA Seek German Parliamentary Approval for MEADS Deal by Year’s End

TYSONS CORNER, VA, June 3, 2016 — Lockheed Martin (NYSE: LMT) and its partner MBDA hope to receive clearance from Germany’s parliament by the end of the year to proceed with the planned $4.5 billion procurement of their Medium Extended Air Defense System, ExecutiveBiz reported Thursday. Reuters reported Thursday that the German parliament …

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Lockheed Lands FAA Contract for Air Traffic Control Radar Services

TYSONS CORNER, VA, June 2, 2016 — Lockheed Martin (NYSE: LMT) will provide technical services to the Federal Aviation Administration in support of radar systems for air traffic control under a $28.3 million contract, ExecutiveBiz reported Wednesday. The company said Tuesday the contract covers design, development, analysis and test services for FAA’s …

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Lockheed-Run Sandia Labs Welcome 1st Women to Veteran Career Development Program

TYSONS CORNER, VA, June 1, 2016 — Sandia National Laboratories, which is operated by Lockheed Martin‘s (NYSE: LMT) Sandia Corp. subsidiary, has unveiled the first women to join its career development program for injured veterans, GovCon Executive reported Tuesday. Sandia said Thursday the women will undergo training and mentoring over three years as …

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Lockheed Subsidiary Wins Potential $425M Contract for Navy Torpedo Guidance Systems

A subsidiary of Lockheed Martin (NYSE: LMT) has won a potential $424.7 million contract to build guidance and control systems for the U.S. Navy’s heavyweight torpedoes. Sippican will also provide MK 48 Mod 7 Common Broadband Advanced Sonar System upgrade tools, test equipment, spares and production materials, hardware engineering an repair support services under the contract, the …

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Lockheed Martin to Introduce ‘Mars Base Camp’ Concept

TYSONS CORNER, VA, May 20, 2016 — Lockheed Martin (NYSE: LMT) has said NASA can use a manned spacecraft orbiting Mars as a platform to send humans to the planet by the 2030s as part of the company’s Mars Base Camp concept, ExecutiveBiz reported Thursday. Popular Science reported Wednesday that Lockheed is …

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