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The Defense Logistics Agency has awarded Lockheed Martin (NYSE: LMT) a potential $1.75 billion contract to provide consumable and depot-level repairable components for various weapon systems of the U.S. military. Lockheed will perform work in Maryland, Georgia, Texas, New York, Massachusetts and New Jersey through June, 29, ...
Lockheed Martin‘s (NYSE: LMT) mission systems and sensors business has received a potential $421 million contract from the U.S. Navy to provide a range of services in support of the Advanced Electronic Guidance and Instrumentation System. The Defense Department said Friday the contract covers in-service combat systems engineering, co...
TYSONS CORNER, VA, June 23, 2016 ” Leidos (NYSE: LDOS) Chairman and CEO Roger Krone will lead town hall meetings with incoming employees from Lockheed Martin‘s (NYSE: LMT) information systems and global solutions business ahead of the close of a $5 billion deal to acquire the latter, ExecutiveBiz reported Monday. Forbes reported...
The services segment of Lockheed Martin (NYSE: LMT) slated to merge into Leidos Holdings (NYSE: LDOS) has been awarded a potential three-year, $733 million task order to help the U.S. Army manage, operate and maintain sensor equipment and platforms used to collect data. Lockheed said Tuesday the order includes one base year ...
TYSONS CORNER, VA, June 20, 2016 ” Lockheed Martin (NYSE: LMT) has worked with Australia’s defense science and technology group to build a long-range, over-the-horizon radar that works to track small and fast-moving objects, ExecutiveBiz reported Friday. Defense News reported Friday the team completed initial validation on the t...
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...
