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TYSONS CORNER, VA, Nov. 11, 2016 ” Marillyn Hewson, Lockheed Martin (NYSE: LMT) CEO, has stated that sustained investment, interoperability and talent development could support and maintain the technological edge of NATO and its partners, ExecutiveBiz reported Thursday. Hewson noted in written remarks published Wednesday that a defense industri...
TYSONS CORNER, VA, Nov. 7, 2016 ” The Defense Department‘s cost assessment and program evaluation office has unveiled its new Lockheed Martin-built (NYSE: LMT) cost-tracking software to aid DoD estimators in evaluating the agency’s programs, ExecutiveBiz reported Thursday. The FlexFile program is design...
TYSONS CORNER, VA, Nov. 4, 2016 ” Lockheed Martin (NYSE: LMT) has delivered a C-5M Super Galaxy airlifter to the Joint Base San Antonio-Lackland, Texas where it will be assigned to the U.S. Air Force Reserve Command™s 433rd Airlift Wing, ExecutiveBiz reported Thursday. The company said Tuesday the airlifter was ferried from ...
The Defense Department has finalized a “unilateral contract” worth more than $6.1 billion to fund Lockheed Martin‘s (NYSE: LMT) low-rate initial production of 57 lot 9 F-35 fighter jets, Reuters reported Wednesday. Mike Stone writes the deal covers 42 F-35As for the U.S. Air Force, Japan, Israel a...
TYSONS CORNER, VA, Nov. 2, 2016 ” Turkey’s defense procurement panel is set to acquire a second batch of Lockheed Martin-built (NYSE: LMT) F-35 Lightning II fighter aircraft through the multinational Joint Strike Fighter program, ExecutiveBiz reported Tuesday. Defense News reported Monday the country aims to build a new-generation aircraf...
Lockheed Martin (NYSE: LMT) has received a $536.4 contract modification from the U.S. Air Force to provide sustainment services for the military branch’s F-22 Raptor aircraft fleet. The Defense Department said Monday work will occur in Fort Worth, Texas through Dec. 31, 2017. The Air Force obligated $62 million in fiscal 2017 operati...
David Trulio, former director of operations at Raytheon (NYSE: RTN) international sales organization, has been appointed vice president for international government affairs and operations and regional executive for Latin America at Lockheed Martin‘s (NYSE: LMT) overseas business. Trulio will work to develop the strategy to grow ...
Executive Mosaic’s GovCon Index closed above 80 points Tuesday for the first time in two weeks despite declines in the larger U.S. stock market after Lockheed Martin (NYSE: LMT) posted its best one-day advance in seven years surged on upbeat financial outlooks for this year and 2017 to lead all GCI gainers. GovCon Index lag...
Lockheed Martin (NYSE: LMT) has lifted its goal of international revenue from an initial goal of 25 percent originally set in 2014 to 30 percent in future years past 2016 as the defense contractor is “on track to exceed” the former benchmark this year, CEO Marillyn Hewson told investors Tuesday. Contributions from the company’...
Lockheed Martin (NYSE: LMT) unveiled revised full-year earnings and revenue guidance that exceeded Wall Street’s expectations Monday in the defense contractor’s first financial statement since the Aug. 16 spinout and merger of its former government services segment into Leidos Holdings (NYSE: LDOS). GovCon Index̵...
