Lockheed Martin (NYSE: LMT) has secured a potential $191.2 million contract from the U.S. Navy to manufacture inertial navigation systems for Increment 8 of the Trident II submarine-launched fleet ballistic missile system. The company’s rotary and mission systems business will produce the devices as part of the Trident Shipboard Systems Integr...
Boeing (NYSE: BA), Lockheed Martin (NYSE: LMT) and Raytheon Technologies (NYSE: RTX) have secured contracts from the U.S. Air Force to mature proposed “air-breathing” weapon systems for a hypersonic conventional cruise missile development project, according to separate award notices posted on SAM.gov. USAF awarded $47.2 million to Boeing, $33.5 ...
Lockheed Martin (NYSE: LMT) has received a $1.01 billion sole-source contract from the Space and Missile Systems Center to provide logistics services supporting the Space Based Infrared Surveillance system. SMC expects Lockheed to complete the requirements under the fixed-price-incentive-fee, cost-plus-incentive-fee and cost-reimbursement contract b...
Lockheed Martin (NYSE: LMT) will design, develop and operate the spacecraft for two missions NASA selected to explore Venus as part of the agency’s Discovery Program. The space agency expects the two missions – Deep Atmosphere Venus Investigation of Noble Gases, Chemistry and Imaging Plus or DAVINCI+ and Venus Emissivity, Radio Science, InSA...
Lockheed Martin (NYSE: LMT) and General Motors (NYSE: GM) have partnered to construct a lunar rover to enable astronauts to explore the moon’s surface in support of NASA’s Artemis program. “Surface mobility is critical to enable and sustain long-term exploration of the lunar surface,” Rick Ambrose, executive vice president of Lockheed’...
Orlando “OJ” Sanchez, formerly vice president and general manager for the F-22 program at Lockheed Martin (NYSE: LMT), has been appointed VP and GM for the company’s aeronautics integrated fighter group. He succeeds Bridget Lauderdale, who recently assumed the roles of VP and GM for Lockheed’s F-35 Lightning II program, and will oversee the ...
A Lockheed Martin (NYSE: LMT) subsidiary has received a potential $194.7 million contract modification from the U.S. Navy to engineer, integrate and test an aircraft interface module to help with the planned modernization of the F-35 Lot 17 fighter jet with a next generation electronic warfare system. The Department of Defense said Monday Lockheed M...
Lockheed Martin (NYSE: LMT) has promoted Christian Marrone from vice president to senior VP of government affairs. He succeeds the retiring Robert Rangel, who has managed the company’s interaction with Congress and its customer relationships across the public sector, Lockheed said Tuesday. Marrone served as vice president of external aff...
Collibra and Lockheed Martin (NYSE: LMT) are treating data as a strategic asset to help government agencies analyze and gain actionable intelligence from data to meet mission objectives, advance innovation and achieve efficiency. “Collibra helps both government agencies and companies of all sizes build an internal data marketplace that makes ocean...
The U.S. Army has awarded Lockheed Martin (NYSE: LMT) a $663.7 million contract modification to continue the production of Hellfire II air-to-ground missile systems. Lockheed’s missiles and fire control business will perform work in Orlando, Florida, through Sept. 30, 2024, the Department of Defense said Friday. The Hellfire II weapon has thre...
