The Defense Logistics Agency has awarded an 18-month, $138.8 million “bridge contract” to Lockheed Martin (NYSE: LMT) to support DLA’s efforts to deliver spare parts and industrial hardware to U.S. Air Force logistics centers. Lockheed will provide supply chain management and logistical services in sup...
TYSONS CORNER, VA, April 14, 2016 ” Boeing (NYSE: BA) and Lockheed Martin (NYSE: LMT) have joined Northrop Grumman (NYSE: NOC) as bidders on the U.S. Air Force‘s procurement program for future GPS III satellites, ExecutiveBiz reported Wednesday. Aviation Week reported Tuesday Lockheed submitted a proposal that includes a Harris-built...
TYSONS CORNER, VA, April 13, 2016 ” A Boeing (NYSE: BA) and Lockheed Martin (NYSE: LMT) joint venture will work with Tyvak Nanosatellite Systems to launch a competition that will award free payload rides aboard the Atlas V rocket for university science, technology, engineering and math projects, ExecutiveBiz reported Tu...
TYSONS CORNER, VA, April 11, 2016 ” Lockheed Martin (NYSE: LMT) has tapped BAE Systems to build three engineering and training facilities at the Marham air base in the U.K. under a $166.3 million subcontract, ExecutiveBiz reported Friday. BAE said Thursday the construction project is part of preparations for the delivery of the f...
TYSONS CORNER, VA, April 11, 2016 ” A subsidiary of General Dynamics (NYSE: GD) has completed the construction of the radar receive array ground structure for the U.S. Air Force‘s future space fence system being built by Lockheed Martin (NYSE: LMT), ExecutiveBiz reported Friday. General Dynamics said Thursday its SATCO...
A joint venture of Raytheon (NYSE: RTN) and Lockheed Martin (NYSE: LMT) has received a $181.3 million contract from the U.S. Army to manufacture guidance electronics unit hybrid regulators for foreign customers. Raytheon/Lockheed Martin Javelin JV will produce the regulators for Estonia and the Czech Republic under the foreign military sal...
TYSONS CORNER, VA, April 1, 2016 ” A joint venture of Lockheed Martin (NYSE: LMT), Jacobs Engineering (NYSE: JEC) and Serco will oversee the operations of the U.K. government’s atomic weapons establishment under an updated contract, ExecutiveBiz reported Thursday. Serco said Thursday the AWE Management Ltd. JV will run the ...
TYSONS CORNER, VA, April 1, 2016 ” Roger Krone, chairman and CEO of Leidos (NYSE: LDOS), has said the company aims to further market expansion efforts through its merger with Lockheed Martin‘s (NYSE: LMT) information systems and global solutions business, ExecutiveBiz reported Thursday. Krone told Forbes in an interview pub...
Lockheed Martin (NYSE: LMT) and Austal have been awarded separate contract modifications to build two fiscal 2016 littoral combat ships for the U.S. Navy. Lockheed will build one Freedom-variant warship (LCS 25) under a $564 million contract modification and Austal™s U.S. business will construct an Independence-variant combat vessel (...
TYSONS CORNER, VA, March 31, 2016 ” NASA will build new ground infrastructure at Kennedy Space Center to support the processing of the Lockheed Martin-built (NYSE: LMT) Orion spacecraft and Boeing-built (NYSE: BA) Space Launch System, ExecutiveBiz reported Wednesday. The space agency said Wednesday its plan is the result of an as...
