TYSONS CORNER, VA, Aug. 24, 2016 ” Leidos (NYSE: LDOS) will assume responsibility for the work previously held by Lockheed Martin (NYSE: LMT) under the National Science Foundation’s U.S. Antarctic Program, ExecutiveBiz reported Tuesday. NSF said Monday the transfer is part of Leidos’ merger with Lockheed’s information systems ...
TYSONS CORNER, VA, Aug. 23, 2016 ” The Lockheed Martin-built (NYSE: LMT) Origins, Spectral Interpretation, Resource Identification, Security-Regolith Explorer spacecraft is scheduled to launch Sept. 8 to begin its mission to collect samples from the asteroid Bennu, Executive Gov reported Monday. NASA said Thursday OSIRIS-REx will...
Lockheed Martin‘s (NYSE:LMT) mission systems and training business has secured a potential $79.6 million contract from the U.S. Navy to build a combat management system for Littoral Combat Ships. The Defense Department said Monday the contract covers the development and integration of hardware and software as well as combat system te...
TYSONS CORNER, VA, Aug. 22, 2016 ” The U.S. Army has awarded a Lockheed Martin (NYSE: LMT) and Northrop Grumman (NYSE: NOC) joint venture a potential $38.4 million contract to deliver radar electronic units for the service branch’s lot 7 AH-64 Apache attack helicopters, ExecutiveBiz reported Friday. Longbow LLC is set to pe...
TYSONS CORNER, VA, Aug. 22, 2016 ” A joint venture of Lockheed Martin (NYSE: LMT) and Boeing (NYSE: BA) collaborated with the U.S. Air Force to launch the latest Geosynchronous Space Situational Awareness Program satellites built by Orbital ATK (NYSE: OA), ExecutiveBiz reported Friday. The Air Force said Friday the launch aboard ...
Michael Grasso, a 35-year veteran and former vice president of government relations at Lockheed Martin (NYSE: LMT), has joined Engility (NYSE: EGL) as senior vice president of business development and strategic planning for the government services contractor. Engility said Monday he will report directly to CEO Lynn...
The U.S. Air Force has awarded Lockheed Martin (NYSE: LMT) a potential 10-year, $10.02 billion indefinite-delivery/indefinite-quantity contract to support the military branch’s C-130J Super Hercules production effort. The sole-source contract also includes foreign military sales, the Defense Department said Fri...
TYSONS CORNER, VA, Aug. 18, 2016 ” Lockheed Martin (NYSE: LMT) has opened a pilot training facility for the T-50A trainer aircraft in South Carolina as it eyes the U.S. Air Force‘s T-X trainer replacement contract, ExecutiveBiz reported Wednesday. The company said Tuesday the facility will house tooling and manufacturi...
Executive Mosaic’s GovCon Index extended its losses Wednesday on another steep drop by Lockheed Martin (NYSE: LMT) and declines by services contractor stocks despite an afternoon reversal by U.S. stocks into narrow range from red after the latest Federal Reserve meeting minutes went public. GCI gainers slightly outnumbered laggers wi...
TYSONS CORNER, VA, Aug. 17, 2016 ” Lockheed Martin‘s (NYSE: LMT) PAC-3 Missile Segment Enhancement interceptor system has reached initial operational capability status following a review by the U.S. Army, ExecutiveBiz reported Tuesday. The company said Tuesday it previously achieved Milestone C approval for P...
