TYSONS CORNER, VA, June 9, 2016 ” Rick Ambrose, executive vice president of Lockheed Martin‘s (NYSE: LMT) space systems business, was featured in the Atlantic Council’s Captains of Industry Series event Wednesday, GovCon Executive reported Monday. The council said Ambrose’s portion in the discussion focuses on Lockheed...
TYSONS CORNER, VA, June 3, 2016 ” Lockheed Martin (NYSE: LMT) and its partner MBDA hope to receive clearance from Germany’s parliament by the end of the year to proceed with the planned $4.5 billion procurement of their Medium Extended Air Defense System, ExecutiveBiz reported Thursday. Reuters reported Thursday that the Ge...
TYSONS CORNER, VA, June 2, 2016 ” Lockheed Martin (NYSE: LMT) will provide technical services to the Federal Aviation Administration in support of radar systems for air traffic control under a $28.3 million contract, ExecutiveBiz reported Wednesday. The company said Tuesday the contract covers design, development, analysis and test se...
TYSONS CORNER, VA, June 1, 2016 ” Sandia National Laboratories, which is operated by Lockheed Martin‘s (NYSE: LMT) Sandia Corp. subsidiary, has unveiled the first women to join its career development program for injured veterans, GovCon Executive reported Tuesday. Sandia said Thursday the women will undergo training and mentorin...
A subsidiary of Lockheed Martin (NYSE: LMT) has won a potential $424.7 million contract to build guidance and control systems for the U.S. Navy™s heavyweight torpedoes. Sippican will also provide MK 48 Mod 7 Common Broadband Advanced Sonar System upgrade tools, test equipment, spares and production materials, hardw...
TYSONS CORNER, VA, May 20, 2016 ” Lockheed Martin (NYSE: LMT) has said NASA can use a manned spacecraft orbiting Mars as a platform to send humans to the planet by the 2030s as part of the company’s Mars Base Camp concept, ExecutiveBiz reported Thursday. Popular Science reported Wednesday that Lockheed is working to introdu...
Lockheed Martin (NYSE: LMT) will provide the U.S. Army various rocket pods for Israel, Finland, Jordan and Singapore under a $331.8 million foreign military sales contract. The Defense Department said Thursday Lockheed’s missile and fire control business will supply 290 Guided Multiple Launch Rocket System alternative ...
The GovCon Index felt the pressure from U.S. investor worries about a potential interest rate hike in June and closed at a decline of 0.520 points to 77.071. CAE (NYSE: CAE) was one of the GovCon Index’s lone bright spots with a gain of 2.65 percent after the Montreal-based aerospace and defense contractor posted full-year and f...
Sikorsky Aircraft, a subsidiary of Lockheed Martin (NYSE: LMT), has received a contract modification worth $88 million from the U.S. Army for the delivery of eight additional UH-60M Black Hawk helicopters. The modification exercises an option on a previously awarded contract, the Defense Department said Wednesday. Army Contracting Com...
The State Department has cleared United Arab Emirates’ request to purchase a suite of Lockheed Martin-built (NYSE: LMT) AGM-114 R/K Hellfire Category III Missiles through a $476 million foreign military sales agreement with the U.S. government. Lockheed’s missile and fire control business will serve as the prime contractor on&n...
