Search Results for: lockheed martin

Lockheed Martin Wins $19.8 Million for Work on F-35 Fighters

Lockheed Martin Corp. ‘s (LMT) business unit, Aeronautics, won a $19.8 million contract modification for work on the F-35 aircraft memory system and panoramic cockpit display. This will help recover diminishing manufacturing sources projected under the 15th Lot production of the F-35 aircraft, reports Nasdaq.com.  Forty percent of the contracted …

Read More »

Lockheed Martin to Integrate, Update Systems on SBIRS GEO-5, GEO-6 Satellites

TYSONS CORNER, VA, May 30, 2017 — Lockheed Martin (NYSE: LMT) will integrate subsystems and update propulsion systems on the fifth and sixth Space Based Infrared System satellites under a $46 million contract modification from the U.S. Air Force, ExecutiveBiz reported Friday. The Defense Department said Thursday Lockheed’s space systems business will perform …

Read More »

VIDEO: Lockheed Martin Conducts First Underwater Unmanned Aircraft Launch from Unmanned Underwater Vehicle

Lockheed Martin successfully launches Vector Hawk, a small, unmanned aerial vehicle (UAV), on command from the Marlin MK2 autonomous underwater vehicle (AUV) during a cross-domain command and control event hosted by the U.S. Navy. In addition to Marlin and Vector Hawk, the Submaran, an unmanned surface vehicle (USV) developed by …

Read More »

Lockheed Martin Holds Autonomous, Unmanned Tech Demonstration

TYSONS CORNER, VA, May 11, 2017 — Lockheed Martin (NYSE: LMT) has showcased several unmanned and autonomous technologies during a media event at its missiles and fire control facility in Texas, ExecutiveBiz reported Wednesday. The company said Tuesday technologies included in the demonstration are the Indago quadrotor unmanned aircraft system, Hydra Fusion …

Read More »

Lockheed Martin to Deliver F-16 Fighting Falcon Training System to Romania’s Air Force

Lockheed Martin (NYSE: LMT) will deliver a tailored simulation-based F-16 training environment for the Romanian Air Force (RoAF,) according to a company statement. Lockheed Martin will deliver the SciosTrain™ suite of simulators in 2019 under this contract and also provide contractor logistics support services. “Our solution builds on our proven …

Read More »

VIDEO: Lockheed Martin’s Ross with Update on F-35 Lighting II Fighter Program

Fred Ross, Lockheed Martin’s deputy program manager for the F-35 Lighting II fighter effort, discusses the latest on program including the Lot 10 contract and what’s next with Defense & Aerospace Report Editor Vago Muradian. The interview was conducted at the Air Force Association’s Air Warfare Symposium March 1-3, 2017, …

Read More »

Lockheed Martin Eyes Belgium, Spain & Switzerland as Potential F-35 Buyers

TYSONS CORNER, VA, March 7, 2017 — Lockheed Martin (NYSE: LMT) is in talks with Belgium, Spain and Switzerland for the countries’ potential purchase of F-35 fighter aircraft, ExecutiveBiz reported Monday. Defense World reported Friday Jeff Babione, executive vice president and general manager of Lockheed’s F-35 program, told reporters at the Avalon …

Read More »

Lockheed Martin Space Systems EVP Rick Ambrose Elected to 2017 Wash100 for Strategic Partnering Leadership

Executive Mosaic, Tysons Corner, VA  March 1, 2017 — Rick Ambrose, executive vice president of Lockheed Martin’s space systems segment, has been inducted into Executive Mosaic’s 2017 Wash100 for his effective partnering and investment leadership. The Wash100 is the premier group of private and public sector executives selected by Executive Mosaic’s organizational and editorial …

Read More »

Lockheed Martin Flies 2nd Trainer Aircraft in Push for T-X Program

TYSONS CORNER, VA, Feb. 23, 2017 — Lockheed Martin (NYSE: LMT) has completed the first flight test of its second production-ready T-50A trainer aircraft at the company’s final assembly and checkout facility in South Carolina, ExecutiveBiz reported Wednesday. The company said Monday it aims to offer the T-50A in the U.S. Air Force‘s T-X …

Read More »

Lockheed Martin to Supply Laser-Guided Training Rounds for Polish Military

TYSONS CORNER, VA, Feb. 22, 2017 — Lockheed Martin (NYSE: LMT) will produce laser-guided training rounds for Poland’s military under a $1.9 million contract from Megmar Logistics and Consulting, ExecutiveBiz reported Tuesday. This is Poland’s first procurement of the Enhanced Laser Guided Training Rounds under the F-16 Block 52+ laser-guided bomb …

Read More »