Lockheed Martin (NYSE: LMT), Northrop Grumman (NYSE: NOC) and Raytheon Technologies (NYSE: RTX) have received other transaction agreements from the Missile Defense Agency to further develop their Glide Phase Interceptor design concepts for MDA’s regional hypersonic missile defense program. MDA said Friday prototypes that will emerge through th...
The U.S. Navy has awarded Lockheed Martin‘s (NYSE: LMT) aeronautics segment a $584.8 million contract modification to fund system integration engineering activities related to new F-35 electronic warfare and countermeasure equipment. The award will support development work on the ASQ-239 electronic warfare suite for U.S. military customers and...
TYSONS CORNER, VA, Nov. 12, 2021 — Anthony Robbins, vice president of the federal business at NVIDIA and a four-time Wash100 Award recipient, said the company and Lockheed Martin (NYSE: LMT) are looking to use artificial intelligence and digital-twin simulation to help federal and state forest service organizations better understand wildfires and ...
Lockheed Martin (NYSE: LMT) reportedly will manufacture three more GPS III Follow-On military communications satellites under a $737 million contract option from the U.S. Space Force, SpaceNews reported Thursday. USSF ordered space vehicles 15, 16 and 17 as part of a potential $7.2 billion GPS IIIF fixed-price-type production contract the U.S. Air F...
Lockheed Martin (NYSE: LMT) has received a potential 10-year, $10.86 billion contract to help the U.S. Air Force update and maintain the military service’s F-22 Raptor fighter aircraft. USAF is procuring modernization hardware kits along with systems upgrade, repair and logistics support services through the Advanced Raptor Enhancement & Susta...
Lockheed Martin (NYSE: LMT) and Verizon (NYSE: VZ) have signed a partnership agreement to develop 5G technology platforms intended for U.S. military use across all battlefield domains. Under a strategic deal, the two companies aim to produce an integrated 5G.MIL network that can support the Department of Defense’s communications infrastructure...
Lockheed Martin (NYSE: LMT) has received a potential eight-year, $250 million contract from U.S. Special Operations Command to develop an aircraft computer technology that can support communications interface between contrasting systems. The company’s aerospace segment will perform engineering and integration work to synchronize feedback acros...
Lockheed Martin (NYSE: LMT) reported $16 billion in net sales and $614 million, or $2.21 per share, in net earnings from continuing operations during the third quarter of fiscal year 2021. The Bethesda, Maryland-based aerospace and defense contractor said Tuesday it generated $1.9 billion in Q3 cash from operations, raised its quarterly dividend to ...
John Donovan, former CEO of AT&T’s (NYSE: T) communications subsidiary, has joined the board of directors of Lockheed Martin (NYSE: LMT) as an independent director. He will serve on Lockheed’s classified business and security committee, the company said Thursday. Donovan also leads the President’s National Security Telecommunic...
Lockheed Martin (NYSE: LMT) has received a $206.8 million order modification from Naval Air Systems Command to adapt F-35 systems for developmental test and system modernization efforts. The Department of Defense said Wednesday the company’s aeronautics segment will conduct non-recurring engineering activities, plan system adjustments and prov...
