Latest News Mentioning Lockheed Martin

Advanced Search
Showing 1-10 of 3537

BAE Systems Inc. will upgrade South Korea’s KF-16 fighter jet fleet in a potential $1.1 billion project, the Wall Street Journal reports. The British contractor’s U.S. subsidiary will install new mission computers and operating systems in the planes, built in the 1980s and mostly versions of Lockheed Martin’s (NYSE: LMT) F-16. Evan...

Kuwait plans to purchase up to $4.2 billion in Raytheon-made (NYSE: RTN) Patriot missiles from the U.S. government through a foreign military sales agreement. Both Lockheed Martin (NYSE: LMT) and Raytheon are listed as prime contractors of the sale, according to a Defense Security Cooperation Agency release dated July 20. Kuwait plans to purchase 60...

Harris Corp. (NYSE: HRS) has appointed 23-year industry veteran Gregory Taylor vice president of corporate strategy and business development, a newly-created position. The company said he will report directly to Harris President and CEO Bill Brown and lead business development activities including mergers, acquisitions and divestitures. Taylor R...

Engility Corp., the former government services unit of L-3 Communications, has completed its spinoff into a standalone company under the EGL symbol on the New York Stock Exchange. President and CEO Tony Smeraglinolo will lead the Chantilly, Va.-based pure-play professional and technical services contractor, which projects it will generate $1.6 bi...

Eleven firms were awarded positions on the Solutions for Intelligence Analysis II contract that has a potential ceiling value of $5.6 billion, the Defense Department announced Tuesday. Work on the IDIQ will support intelligence analysis missions, national security policy makers, defense planners and war fighters. The Pentagon expects the winning co...

A contracting team led by BAE Systems that includes Northrop Grumman (NYSE: NOC) and L-3 Communications‘ (NYSE: LLL) simulation and training business is competing with Lockheed Martin (NYSE: LMT) for an estimated more than $11 billion contract to build up to 350 training jets for the U.S. Air Force. Those figures are according to Graham...

GovCon saw a number of top position changes and executive-level hires in the month of June, with GovCon Wire covering 20 in all. Three of GovCon’s largest firms will have new CEOs this year, all of whom previously served as COOs at their respective companies Hiring intelligence and information executives was also trending this month as fi...

The U.S. Air Force intends to revise the current ceiling of an information technology contract vehicle to $9.95 billion, according to a FedBizOpps notice posted Monday. Companies holding positions on the Netcents I vehicle include Booz Allen Hamilton (NYSE: BAH),  General Dynamics (NYSE: GD), Harris Corp. (NYSE: HRS),  Lockheed Martin (NYSE: LMT)...

LGS Innovations, an independent subsidiary of Alcatel-Lucent (NYSE: ALU), has promoted Chief Operating Officer Kevin Kelly to CEO. LGS said Kelly will succeed the retiring Ronald Iverson, who has served as the company’s CEO since its founding in 2007. Kelly said the company will continue to pursue work in research and development and networkin...

L-3 Communications (NYSE: LLL) has made a series of executive moves that will take effect July 31, the company announced Thursday. Les Rose, president of the Stratis division, was appointed president of the national security group and a vice president of L-3. Steven Kantor, vice president and president of the services group, will succeed the...