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TYSONS CORNER, VA, March 22, 2016 ” Rick Ambrose, executive vice president of space systems at Lockheed Martin (NYSE: LMT), has indicated that work on the first GPS III satellite for the U.S. Air Force is scheduled to complete by August, ExecutiveBiz reported March 10. SpaceNews reported March 9 that Ambrose said in an interview ...

Charles Stark Draper Laboratory has received a potential $163.6 million contract from the U.S. Navy to produce a guidance system for the Lockheed Martin-built (NYSE: LMT) Trident D5 MK 6 fleet ballistic missile. The lab will also perform failure verification, test, repair and recertification of Trident’s inertial measurement uni...

Lockheed Martin (NYSE: LMT) has received a $197.6 million contract modification to design and test computer program baselines for the U.S. Navy™s Aegis combat system. The company will also provide integration and delivery services for related technology insertion hardware design for the next build, the Defense Department said Wednesday. Lockhee...

TYSONS CORNER, VA, March 18, 2016 ” Lockheed Martin (NYSE: LMT) has incorporated 3D printing technology as part of the company’s efforts to decrease satellite development time by 40 percent and reduce total spending, ExecutiveBiz reported March 8. “Ultimately [the government] is going to go to a new architecture, so by reducing...

TYSONS CORNER, VA, March 18, 2016 ” A Lockheed Martin (NYSE: LMT) and Raytheon (NYSE: RTN) joint venture has received a performance-based logistics award from the Defense Department for its work in the Javelin program, GovCon Executive reported Thursday. Lockheed said Wednesday its Javelin Joint Venture and the U.S. Army‘s ...

Lockheed Martin (NYSE: LMT) has been awarded a potential three-year, $197.6 million contract modification to carry out computer program baseline development work on the U.S. Navy‘s Aegis combat systems. The contract also covers design, testing, systems engineering, delivery and integration work on technology insertion-relat...

Lockheed Martin (NYSE: LMT) has received a $106 million contract modification to manufacture additional C-130J aircraft for the U.S. Air Force for fiscal year 2017. The company will build two C-130J-30, three HC-130J, five MC-130J and one KC-130J under the multiyear production contract, the Defense Department said Tuesday. Lockheed will pr...

TYSONS CORNER, VA, March 14, 2016 ” The Lockheed Martin (NYSE: LMT) and Boeing (NYSE: BA) joint venture United Launch Alliance has assigned $134 million toward the development of the Vulcan rocket in an effort to be independent from the Russian RD-180 engine, ExecutiveBiz reported Friday. Space News reported Thursday&nb...

Lockheed Martin (NYSE: LMT) has been awarded a potential $93.4 million contract to design and produce eight inertial navigation subsystems for the U.S. Navy™s Trident II D5 missiles. The sole-source contract also covers continued technology refresh development support for Shipboard Systems Integration increment 8 and SSI incremen...