Lockheed Martin's (NYSE: LMT) rotary and mission systems business has secured a potential four-year, $462.4 million contract to operate and maintain development and test sites for the U.S. Navy's Aegis combat system. Naval Sea Systems Command awarded the contract on a sole-source basis and expects work to conclude by January 2028....
Lockheed Martin (NYSE: LMT) has received a potential $311.9 million contract modification to design, test and produce electronic warfare systems for the U.S. Navy's submarines. The award represents exercised options on an indefinite-delivery/indefinite-quantity contract awarded by the Navy in 2019....
Lockheed Martin (NYSE: LMT) has received a potential five-year, $1.15 billion contract modification from the U.S. Navy to help military customers activate F-35 sites and meet hardware requirements. The modification also covers planning and readiness reviews, contract management and production engineering support services for training device producti...
Lockheed Martin (NYSE: LMT) has appointed Amr Hussein, most recently vice president of C4ISR, as multidomain combat solutions VP and general manager of rotary mission systems sites in New Jersey and named Joe DePietro, a three-decade defense industry veteran, as VP and GM of C6ISR. Hussein and DePietro announced their appointments through LinkedIn p...
Steve Froelich has been appointed vice president for advanced concepts at the rotary and mission systems business segment of defense and aerospace company Lockheed Martin (NYSE: LMT). He previously served as Lockheed vice president and general manager for RMS Australia and New Zealand, a position that he described on LinkedIn on Tuesday as “th...
Joe Ferrara, a more than 25-year defense and aerospace industry executive, has taken on a new role as vice president of C6ISR strategy and business development at Lockheed Martin (NYSE: LMT), he announced in a LinkedIn post. He brings to the position his engineering and technical background and decades of experience capturing domestic and internatio...
Maria Ricciardone, vice president of investor relations at Lockheed Martin (NYSE: LMT), has been named as treasurer by the company’s board of directors. Lockheed also announced Tuesday that incumbent treasurer Evan Scott will serve as chief financial officer of its missiles and fire control business effective Jan. 1, 2024. Ricciardone has been...
A Lockheed Martin (NYSE: LMT) subsidiary has received a $168.2 million contract from the U.S. Navy to cover long-lead materials needed to manufacture Lot 9 CH-53K heavy-lift helicopters. Under the advance acquisition award, Sikorsky will provide parts and components needed to manufacture 21 CH-53K aircraft for the Marine Corps, the De...
Lockheed Martin (NYSE: LMT) has received a potential five-year, $199.1 million contract from the U.S. Army to provide industrial engineering support services for the family of munitions used on the service branch’s Multiple Launch Rocket Systems. Army Contracting Command will obligate $6.5 million in fiscal year 2010 foreign military sales funds a...
Lockheed Martin‘s (NYSE: LMT) aeronautics division has secured a 10-year, $238 million contract from the U.S. Air Force to supply and deliver F-16 initial spares to foreign military sale customers. The contract will support new aircraft procurement or major fleet upgrades for the governments of Greece, Jordan, Taiwan, South Korea and Singapore...
