TYSONS CORNER, VA, Dec. 12, 2016 ” Lockheed Martin (NYSE: LMT) representatives have visited the city of Cheyenne in Wyoming to inspect local resources as the company pursues a U.S. Air Force program to update the country’s ballistic missile system and launch facilities, ExecutiveBiz reported Friday. Wyoming Tribune Eag...
TYSONS CORNER, VA, Dec. 12, 2016 ” The U.S. and India are working on a deal to establish manufacturing hubs for Lockheed Martin (NYSE: LMT) F-16 and Boeing (NYSE: BA) F/A-18 fighter jets in India, ExecutiveBiz reported Friday. The Washington Post reported Monday the Indian government seeks to co-produce both t...
Shares in Lockheed Martin (NYSE: LMT) traded down approximately 5 percent as noon Eastern time approached Monday after President-elect Donald Trump criticized the F-35 Joint Strike Fighter program on Twitter in the early morning hours. “The F-35 program and cost is out of control. Billions of dollars can and will be saved on military (and...
TYSONS CORNER, VA, Dec. 9, 2016 ” The U.S. Air Force will select two Air National Guard bases to host its Lockheed Martin-built (NYSE: LMT) F-35A Joint Strike Fighter jet, Executive Gov reported Thursday. The military service will choose from Dannelly Field Air Guard Station, Gowen Field Air Gu...
TYSONS CORNER, VA, Dec. 8, 2016 ” The U.S. Air Force‘s Space and Missile Systems Center has approved the launch of the third Lockheed Martin-built (NYSE: LMT) Space Based Infrared System missile-warning satellite, Executive Gov reported Wednesday. Space News reported Tuesday the military service also cleared an update for t...
TYSONS CORNER, VA, Dec. 6, 2016 ” Lockheed Martin (NYSE: LMT) has updated the ground control system of the U.S. Air Force‘s Global Positioning System satellites as part of the GPS operational control segment modernization effort, ExecutiveBiz reported Friday. The Commercial Off-the-Shelf Upgrade #2 became fully operational ...
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Lockheed Martin (NYSE: LMT) has been awarded a four-year, $133.4 million contract modification by the U.S. Air Force to provide a stretch version of the C-130J Super Hercules airlifter to France. Lockheed’s aeronautics business will build C-130J-30 aircraft for the French military at a company facility in Marietta, Georgia, and ...
The chief executives of Lockheed Martin (NYSE: LMT) and Raytheon (NYSE: RTN) described to investors Wednesday their expectations of the foreign military sales environment in light of oil price volatility worldwide and President-elect Donald Trump’s campaign suggestion that U.S. allies contribute more financial resources to their own defen...
TYSONS CORNER, VA, Nov. 30, 2016 ” Lockheed Martin (NYSE: LMT) will restructure its training and logistics systems business in an effort to boost client service efficiency and mitigate engineering, development and proposal costs, ExecutiveBiz reported Tuesday. The company said Monday it will categorize its training and logistics offerings into ...
