Lockheed Martin will serve as the principal contractor for the potential $500 million foreign military sale of M142 High Mobility Artillery Rocket System and related equipment to Bahrain. The U.S. State Department recently approved Bahrain’s FMS request, which is expected to improve the defense capabilities of the country against current and f...
The U.S. Army has awarded Lockheed Martin a $720.1 million contract modification to produce air-to-ground missiles. HELLFIRE, Joint-Air-to-Ground Missile Production Year 4 The Department of Defense said Wednesday the contract action represents the fourth production year for Joint-Air-to-Ground Missiles, or JAGM, and HELLFIRE missiles and brings the ...
The National Geospatial-Intelligence Agency has awarded the $652 million Erebus contract to Lockheed Martin on Monday. Join the Potomac Officers Club’s 2025 Intel Summit on Oct. 2 and gain valuable insights from top leaders of the intelligence community as they discuss the significance of intelligence in protecting the nation. Erebus Cont...
Lockheed Martin has received a potential $202.8 million contract from the U.S. Navy to provide engineering and technical support services for the service branch’s submarines. Hear experts discuss the latest contracting opportunities, tech advances and trends shaping the future of naval operations at the Potomac Officers Club’s 2025 Navy ...
Lockheed Martin has secured a U.S. Air Force contract modification worth approximately $4.3 billion for the procurement of Joint Air-to-Surface Standoff Missile, or JASSM, and Long-Range Anti-Ship Missile, or LRASM. JASSM, LRASM Contract Modification Scope The Department of Defense said Thursday the contract action covers Lots 22 through 26 of JASSM...
Lockheed Martin has received two U.S. Navy contracts worth $165 million combined to provide long-lead materials and software development support for the F-35 fighter jet program. Join the Potomac Officers Club’s 2025 Navy Summit on Aug. 26, and listen to experts as they discuss the latest tech capabilities, contracting opportunities, policies ...
The Missile Defense Agency has awarded Lockheed Martin a $2.06 billion modification to a previously awarded contract for the production of Terminal High Altitude Area Defense interceptors. Under the contract, Lockheed‘s missiles and fire control division will build and deliver THAAD components under fixed-price incentive contract line-item numbers...
Lockheed Martin reported $18.2 billion fiscal 2025 second-quarter sales, a total backlog of $166.5 billion and Q2 net earnings of $342 million, or $1.46 per share. In an earnings release published Tuesday, the Bethesda, Maryland-based aerospace and defense contractor said its cash from operations was $201 million during the second quarter of 2025, d...
Lockheed Martin has secured a $999 million contract from the U.S. Air Force to provide lifecycle support for the Joint Air to Surface Standoff Missile and Long-Range Anti-Ship Missile. Get the scoop on the top Air Force priorities and initiatives at the Potomac Officers Club’s 2025 Air and Space Summit on July 31. JASSM, LRASM Lifecycle...
Lockheed Martin has named John Stevens vice president and chief M&A and securities counsel. Stevens confirmed the development in a LinkedIn post shared Thursday. In his new role, Stevens will lead corporate counsel for mergers and acquisitions, venture investments, corporate and securities law, treasury and corporate finance, investor ...
