Drew Robbins, vice president of sustainment innovation and operations at Lockheed Martin (NYSE: LMT) since June 2019, has transitioned to a new role as VP and deputy of F-35 development. He announced his new position in a LinkedIn post Sunday and will work from the company’s Fort Worth, Texas site. Robbins has held various roles...
Jim Taiclet, chairman, president and CEO of Lockheed Martin (NYSE: LMT), said High Mobility Artillery Rocket Systems or HIMARS and Javelin missiles are a big part of the arms package the U.S. government is providing for Ukraine to help the country defend itself against Russian invasion and that he expects to see robust orders for...
The U.S. Navy has awarded Lockheed Martin (NYSE: LMT) a $214.5 million contract to conduct initial engineering efforts for international partner vessels equipped with the Aegis combat system. Lockheed’s rotary and mission systems business will help foreign military sales customers assess ship modernization plans and select new weapon...
Lockheed Martin (NYSE: LMT), L3Harris Technologies (NYSE: LHX) and Northrop Grumman (NYSE: NOC) will continue the development of air-to-ground weapon system offerings for a U.S. Air Force program under separate contracts worth nearly $54 million combined. USAF awarded $18 million each to Lockheed and Northrop and another $17.7 million to L3Harris fo...
A Lockheed Martin (NYSE: LMT) business unit will help the U.S. Navy engineer and maintain Mark 48 heavyweight torpedoes under a potential five-year, $91.9 million contract. Lockheed’s rotary and mission systems segment will perform work for the branch’s Intermediate Maintenance Activity in Pearl Harbor, Hawaii, the De...
Lockheed Martin (NYSE: LMT) has received two task orders worth $202.5 million combined under a basic ordering agreement with the U.S. Navy to provide services in support of the Joint Strike Fighter Program. The Department of Defense said Thursday Lockheed’s aeronautics business will provide non-recurring engineering under a potential $170 million ...
Lockheed Martin (NYSE: LMT) will help the U.S. Navy equip Zumwalt-class guided missile destroyers with a hypersonic boost glide system under a potential $2.22 billion contract. The award has an initial value of $1.1 billion and calls for the installation of the Conventional Prompt Strike system on DDG vessels, Lockheed said Friday. Under the contrac...
Robert Lightfoot, executive vice president of Lockheed Martin’s space business area, has been named to Executive Mosaic’s 2023 Wash100 list of highly esteemed leaders who shape the government contracting narrative at the intersection of federal and commercial sectors. This marks the third time that he has been recognized as a Wash100 Award winne...
Lockheed Martin‘s (NYSE: LMT) Astrotech Space Operations subsidiary and SpaceX have secured spots on a potential 10-year, $100 million contract to process payload and rocket payload for NASA missions. The Spacecraft Processing Operations Contract comprises task orders to perform work on systems prior to arrival at launch pads, the agency said ...
Lockheed Martin‘s (NYSE: LMT) venture capital arm has invested in Machina Labs, a Los Angeles-based manufacturing company that uses artificial intelligence and robotics to make advanced sheet metal products. Machina Labs said Thursday the money will support research and development and business growth efforts as well as advance the production ...
