Lockheed Martin (NYSE: LMT) has received a contract from the U.S. Army to build five more Sentinel A4 radar systems intended for the detection and identification of multiple aerial threats. The company said Monday it projects the delivery of additional radars to occur over the next year for use in operational assessments at the...
Rick Ambrose, executive vice president of Lockheed Martin’s (NYSE: LMT) space business and a six-time Wash100 Award winner, will retire in March 2022 after a two-decade career with the Bethesda, Maryland-based aerospace and defense contractor. Jim Taiclet, chairman, president and CEO of Lockheed and a 2021 Wash100 Award recipient, said in a statem...
Lockheed Martin‘s (NYSE: LMT) aeronautics business has received a $1.1 billion contract modification from Naval Air Systems Command to carry out lot 15 production of F-35 jets. This award calls for the company to deliver six units of the fifth-generation aircraft to the U.S. Marine Corps and another 10 to the U.S. Air Force, the...
Lockheed Martin‘s (NYSE: LMT) rotary and mission systems unit has secured a potential $117 million contract to provide systems and related equipment to the U.S. Navy. Naval Sea Systems Command received one offer for the fixed-priced-incentive fee contract through a competitive procurement approach, the Department of Defense said Thursday. The ...
Lockheed Martin (NYSE: LMT) has secured a $2.01 billion contract to provide logistics support for the F-35 air systems of U.S. and foreign military sales customers as well as non-Department of Defense participants in the fighter aircraft program. A Lockheed-led industry team will perform ground maintenance work, resolve action requests, maintain an ...
Lockheed Martin (NYSE: LMT) has received a three-year, $101.3 million contract modification from the U.S. Army to provide Hellfire missile systems to domestic and international defense customers. Army Contracting Command obligated the full amount using defense-wide funds from the U.S. military and foreign military sales funds from Indonesia, Greece,...
Two executives at Lockheed Martin and Cubic will moderate panel discussions of the fifth-generation wireless communications technology at a Sept. 16 virtual event hosted by the Potomac Officers Club. Dawna Morningstar, director of Lockheed’s Next Gen Solutions division, will join representatives from the Army, Air Force and Virginia Tech for t...
Thirteen lawmakers have expressed their support for Lockheed Martin‘s (NYSE: LMT) proposed acquisition of Aerojet Rocketdyne (NYSE: AJRD) in their joint letter to Kathleen Hicks, deputy secretary at the Department of Defense, Reuters reported Wednesday. Lockheed first announced its move to acquire the rocket propulsion maker for approximately ...
Lockheed Martin (NYSE: LMT) will continue to help the Indian air force maintain Super Hercules tactical airlifters under a five-year, $328.8 million direct commercial sale contract. The follow-on agreement includes program management, engineering and logistics support, contractor furnished equipment, software and publication services necessary to ad...
Naval Air Systems Command has awarded Lockheed Martin (NYSE: LMT) a $97.7 million contract modification to develop a runtime server for the F-35 pilot training system. The Department of Defense said Monday that the company’s aeronautics segment will provide the hardware to the U.S. Navy, Air Force and non-DOD participants. NAVAIR will obligate...
