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Lockheed Martin to Supply MH-60R Radar Periscope Detection Kits to Navy

TYSONS CORNER, VA, Feb. 1, 2017 — The U.S. Navy has awarded a Lockheed Martin (NYSE: LMT) business a $45.8 million delivery order for 29 automatic radar periscope detection and discrimination standard retrofit p-kits for MH-60R helicopters, ExecutiveBiz reported Tuesday. Lockheed’s mission systems and training unit will perform work under the order mostly …

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Lockheed Martin Opens New Facility for Autonomous Systems Business in Colorado

TYSONS CORNER, VA, Jan. 30, 2017 — Lockheed Martin (NYSE: LMT) has opened a new office in Littleton, Colorado, for its autonomous systems business unit, ExecutiveBiz reported Friday. Denver Business Journal reported Wednesday the industrial space is designed to support Lockheed’s efforts to develop new autonomous technologies such as self-driving ground vehicles, drones and machine learning …

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NASA Taps Lockheed Martin to Develop Asteroid Exploration Spacecraft

TYSONS CORNER, VA, Jan. 9, 2017 — Lockheed Martin (NYSE: LMT) will develop and operate a spacecraft that will work to study six Jupiter Trojan asteroids as part of NASA‘s Discovery Program missions, ExecutiveBiz reported Friday. The Lucy spacecraft is scheduled for a 2021 launch and will seek to observe the geology, …

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Lockheed Martin Gets Potential $285M Target Sight System Order From Navy

Lockheed Martin (NYSE: LMT) has received a potential $284.6 million contract from the U.S. Navy to produce infrared target sight systems for the AH-1Z Cobra attack helicopter. The company’s Orlando, Florida-based missile and fire control unit will produce the sight system in Orlando and Ocala in Florida through January 2022 for …

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Lockheed Martin Completes Encapsulation of EchoStar XIX Broadband Satellite

TYSONS CORNER, VA, Dec. 14, 2016 — Lockheed Martin (NYSE: LMT) has completed the encapsulation of the EchoStar XIX broadband satellite in anticipation of its Dec. 18 launch aboard United Launch Alliance‘s Atlas V 431 rocket, ExecutiveBiz reported Tuesday. The encapsulation required the satellite to be connected to an adapter and enclosed in a …

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Lockheed Martin to Update Air Force GPS Satellite Ground Control System

TYSONS CORNER, VA, Dec. 13, 2016 — Lockheed Martin (NYSE: LMT) will update the U.S. Air Force‘s GPS satellite ground control system to support GPS Block III satellite operations as part of the completed Contingency Operations contract, ExecutiveBiz reported Monday. The company said Monday the modification is designed to allow the ground …

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