Lockheed Martin (NYSE: LMT) has received a $287.2 million contract modification to produce an additional five C-130J type aircraft for the U.S. Air Force. The Defense Department said Friday Lockheed will perform work in Marietta, Georgia, through Apr. 30, 2020. DoD noted the full obligated amount is from the Air Force’s fiscal y...
Lockheed Martin (NYSE: LMT) has received a potential one-year, $126.3 million contract modification to provide engineering and system support services for the U.S. Navy™s Integrated Submarine Imaging Systems program. The cost-plus-incentive-fee modification exercises an option on a previously awarded contract and covers development, design...
TYSONS CORNER, VA, Aug. 25, 2016 ” Lockheed Martin (NYSE: LMT) plans to move the manufacturing base for the company’s F-16 aircraft to India in efforts to secure a potential order of more than 150 fighter jets under a military modernization program by the Indian government, ExecutiveBiz reported Wednesday. Bloomberg reporte...
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...
