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TYSONS CORNER, VA, Sept. 19, 2016 ” Lockheed Martin (NYSE: LMT) has moved to expand its global supply chain services for F-16 operators with the designation of Derco Repair Services as a certified F-16 repair center under Lockheed’s Hologram program, ExecutiveBiz reported Thursday. Lockheed said Wednesday the Derco Aerospac...

Lockheed Martin (NYSE: LMT) has received a potential $136.6 million contract modification from the U.S. Navy to build the 10th batch of air vehicle initial spares for the F-35 program. The Defense Department said Friday the modification covers lot 10 low-rate initial production of F-35A, F-35B and F-35C common...

Lockheed Martin (NYSE: LMT) has received a potential $426 million contract from the U.S. Navy to build and field the Aegis Weapon System and the integrated Aegis Combat System on three of the military branch’s Arleigh Burke-class destroyer ships. The Defense Department said Friday that Lockheed will provide follow-on support services...

TYSONS CORNER, VA, Sept. 16, 2016 ” Lockheed Martin (NYSE: LMT) has found an issue with a component of the U.S. Air Force‘s GPS III satellites and has postponed the first satellite delivery by four months in an effort to address the matter, ExecutiveBiz reported Thursday. Space News reported Wednesday that the company ...

TYSONS CORNER, VA, Sept. 15, 2016 ” Lockheed Martin (NYSE: LMT) will launch DigitalGlobe‘s (NYSE: DGI) WorldView-4 imaging satellite aboard a United Launch Alliance Atlas V rocket from Vandenberg Air Force Base on Sept. 16, ExecutiveBiz reported Wednesday. The satellite is expected to reach a sun-synchronous orbit following lift...

TYSONS CORNER, VA, Sept. 9, 2016 ” Lockheed Martin (NYSE: LMT) and Polska Grupa Zbrojeniowa, a state-owned defense consortium in Poland, have signed a letter of intent for PGZ member companies to take part in Lockheed’s defense and security programs, ExecutiveBiz reported Thursday. The agreement works to boost the involvement of ...

TYSONS CORNER, VA, Sept. 8, 2016 ” Lockheed Martin (NYSE: LMT) has secured a two-year, $8.2 million delivery order from the U.S. Navy to develop and maintain avionics systems for the future presidential helicopter, ExecutiveBiz reported Wednesday. The company’s logistic services subsidiary will provide the design, develop h...

TYSONS CORNER, VA, Sept. 8, 2016 ” The Lockheed Martin-built (NYSE: LMT) Origins, Spectral Interpretation, Resource Identification, Security – Regolith Explorer spacecraft will launch on Sept. 8 after NASA cleared it following a launch readiness evaluation, ExecutiveBiz reported Wednesday. Space News reported Tues...

TYSONS CORNER, VA, Sept. 8, 2016 ”The Defense Department voiced support for Lockheed Martin‘s (NYSE: LMT) and Boeing‘s (NYSE: BA) plans to establish manufacturing for their F-16 and F-18 fighter jets in India under the Make in India project, ExecutiveBiz reported Tuesday. The companies will lead technology t...

The U.S. Air Force has awarded Lockheed Martin (NYSE: LMT) a $132.6 million contract modification to provide two KC-130J Super Hercules configured aircraft to France under the foreign military sales program. Lockheed’s aeronautics segment will perform contract work at a company facility in Marietta, Georgia t...