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Lockheed Martin (NYSE: LMT) has received a potential $122.4 million contract from the Missile Defense Agency to continue providing systems development, sustainment and test support services for the Long Range Discrimination Radar program. The Department of Defense said Friday the company will perform work in Moorestown, New Jersey and Clear, Alaska,...

Lockheed Martin (NYSE: LMT) has received a potential three-year, $5.3 billion contract from the U.S. Army to produce Phased Array Tracking Radar to Intercept on Target or PATRIOT Advanced Capability-3 missiles. The Department of Defense said Friday Army Contracting Command at Redstone Arsenal in Alabama received one offer for the PAC-3 missile produ...

Lockheed Martin‘s (NYSE: LMT) aeronautics business has secured a $1.56 billion contract from the U.S. Navy to provide F-35 logistics support services for domestic and international military customers. The contractor will perform ground maintenance, depot activities, automatic logistics information system operations and maintenance, supply chai...

Lockheed Martin (NYSE: LMT) has secured a potential one-year, $534 million contract modification from the U.S. Navy to provide systems engineering, development and testing support services for the Conventional Prompt Strike program. The Department of Defense said Wednesday the cost-plus-incentive-fee contract modification includes an optional line i...

The U.S. Space Force has awarded Lockheed Martin (NYSE: LMT) a potential five-year, $977.6 million contract modification from Space Systems Command to continue providing development, operational testing and interim contractor support for two future missile warning satellites in geosynchronous orbit. The Department of Defense said Friday the Phase 2....

Jon Hill, a retired U.S. Navy vice admiral and former director of the Missile Defense Agency, has been named vice president and general manager of the air dominance and strike weapons portfolio at Lockheed Martin‘s (NYSE: LMT) missiles and fire control division. “It is an honor to join the team that rapidly designs and builds...

Lockheed Martin (NYSE: LMT) has received a potential $2.27 billion contract from NASA to build a constellation of Geostationary Extended Observations weather satellites for the National Oceanic and Atmospheric Administration. NASA said Tuesday the cost-plus-award-fee contract includes the development of three GeoXO weather satellites with options fo...

Lockheed Martin (NYSE: LMT) has secured a $1.93 billion contract modification to produce and deliver high mobility artillery rocket system launchers to the U.S. Army. Army Contracting Command-Redstone is the contracting activity and will determine work locations and funding upon the issuance of individual contract orders, the Department of Defense s...

Maria Demaree, vice president and general manager of national security space at Lockheed Martin’s space business, recently accepted her 2024 Wash100 Award during a meeting with Jim Garrettson, CEO of Executive Mosaic and founder of the accolade. Wash100 annually highlights executives in the government contracting industry who have c...

Lockheed Martin (NYSE: LMT) has secured a $756 million contract from the U.S. Army to produce additional battery equipment for a ground-based hypersonic strike weapon system. The contract also covers the provision of logistics and systems and software engineering services in support of the Long Range Hypersonic Weapon system, the defense contractor ...