
Lockheed Martin (NYSE: LMT) has been awarded a $450 million contract modification by the U.S. Navy to continue integration work on the F-35A air system for South Korea as part of a foreign military sales deal. The Defense Department said Thursday the modification also covers non-recurring engineering services and falls under...
TYSONS CORNER, VA, Dec. 27, 2016 Lockheed Martin (NYSE: LMT) and Data Security Council of India have launched an online portal the aims to educate small- and medium-sized businesses and vocational training institutes on cybersecurity, GovCon Executive reported Friday. The CyberAware platform includes training modules on cyber threats and...
Lockheed Martin (NYSE: LMT) CEO Marillyn Hewson has said she assured President-elect Donald Trump that the company will work to reduce the cost of the F-35 fighter aircraft, CNN reported Friday. Danielle Wiener-Bronner writes Hewson made the remarks in a Twitter post Friday a day after Trump asked Boeing (NYSE: BA) to quote a competin...
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 companys Orlando, Florida-based missile and fire control unit will produce the sight system in Orlando and Ocala in Florida through January 2022 for the Navy an...
Lockheed Martin (NYSE: LMT) has received a potential three-year, $1.45 billion contract to produce and supply Patriot Advanced Capability-3 and PAC-3 Missile Segment Enhancement interceptors for the U.S. Army and allied countries through a foreign military sales agreement. The fixed-price-incentive contract covers the delivery of 205 PAC-3...
Lockheed Martin (NYSE: LMT) has received an $88 million contract modification from the U.S. Navy to provide Trident II D5 missile field processing and deployed system support. The Defense Department said Monday the military branch issued the modification to fund work and exercise contract options under a previously awarded contr...
Executive Mosaic’s GovCon Index traded higher on contributions from large defense prime contractors as U.S stocks pared back some gains from earlier in the session after the terror attack in a Berlin Christmas market and the assassination of Russia’s ambassador to Turkey. GovCon Index gainers outnumbered decliners by a 3-to-1 r...