Latest News Mentioning Lockheed Martin

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Sikorsky, a Lockheed Martin company, has secured a $10.86 billion contract from the U.S. Navy to produce up to 99 CH-53K King Stallion heavy-lift helicopters for the Marine Corps over the next five years.  The contract marks the largest quantity order ever received for the aircraft, the company said Friday. Deliveries are scheduled between 2029...

Michael LaRouche, a business and engineering executive with over three decades of experience, has been named CEO of Serco North America, effective Oct. 1. The professional technology, engineering and management services provider said Monday LaRouche, a two-time winner of the Wash100 Award, will replace Tom Watson, who is leaving after...

The U.S. Air Force has awarded BAE Systems, Booz Allen Hamilton, CACI Federal, Lockheed Martin, Northrop Grumman and 28 other companies spots in the indefinite-delivery/indefinite-quantity Automatic Test Systems Acquisition-I, or ATSA-I, contract potentially valued $980 million. The multiple award contract provides rapid support and sustainment serv...

The Department of State has approved the potential foreign military sale of 232 AIM-120C-8 Advanced Medium Range Air-to-Air Missiles, or AMRAAM, to the government of the Netherlands for $570 million. The Defense Security Cooperation Agency said Tuesday that RTX will serve as the principal contractor for the transaction. U.S. military leaders and ind...

L3Harris Technologies has received a potential $292 million contract to continue the production of solid rocket motors for the Javelin weapon system.  The company said Monday the five-year extension is the largest propulsion contract ever awarded for the Javelin program. L3Harris is the sole producer of the solid rocket motors, while the J...

The U.S. Department of State has cleared Peru’s $3.42 billion foreign military sales request for F-16 fighter aircraft, related equipment and support services. Join U.S. military leaders and industry experts as they discuss international partnerships, FMS, coalition warfare, technological advances and more at the Potomac Officers Club’s ...

CONTENT JR Morell has been appointed vice president of federal sales at mission artificial intelligence company Virtualitics. The executive announced his appointment on LinkedIn Friday. “Excited to step into my new role as vice president of federal sales at Virtualitics, where mission AI agents and our AI readiness platform are revol...

The U.S. Army has awarded the Javelin Joint Venture a fiscal year 2025 follow-on production contract valued at up to $900.5 million for Javelin missiles and associated equipment and services.  As part of the contract, JJV, a joint venture between Lockheed Martin and Raytheon, will deliver the weapon to Brazil and Tunisia — making them...

The State Department has approved Denmark’s foreign military sales request worth about $8.5 billion for the Integrated Battle Command System-enabled Patriot missile system and related equipment and support services. The Defense Security Cooperation Agency said Friday RTX, Lockheed Martin and Northrop Grumman will serve as principal contractors...

Commerce Secretary Howard Lutnick said top Department of Defense officials are “thinking about” whether the U.S. should take equity stakes in defense contractors like Lockheed Martin, CNBC reported Tuesday. In an interview on CNBC’s Squawk Box, Lutnick said Lockheed is “basically an arm of the U.S. government.” “B...