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...
Lockheed Martin‘s (NYSE: LMT) missiles and fire control business has secured a $214.7 million contract modification to continue modernization of the U.S. Army’s Multiple Launch Rocket System. The service branch used fiscal 2021 missile procurement funds on this award covering M270A2 MLRS work, the Department of Defense said Tuesday....
TYSONS CORNER, VA, April 28, 2021 — Lockheed Martin (NYSE: LMT) introduced a suite of tactical satellite offerings designed to provide intelligence, surveillance and reconnaissance mission data to military customers, ExecutiveBiz reported April 14. The company said its new satellite product line is built on the LM 400 midsize bus technology and po...
Lockheed Martin (NYSE: LMT) generated $16.3 billion in net sales for the first quarter of its 2021 fiscal year, up 4 percent from the same period a year ago, along with earnings of $6.56 per share for the three-month financial period. Bethesda, Maryland-based Lockheed said Tuesday Q1 net earnings came in at $1.8 billion, compared with...
Stephanie Hill, executive vice president of rotary and mission systems (RMS) for Lockheed Martin, has received her second Wash100 Award, the highest honor in all of government contracting (GovCon). Previously, Hill received the Wash100 Award in 2015 for her leadership and her efforts to push for science, technology, engineering and mathematics (STEM...
Executive Mosaic is pleased to present Jim Taiclet, president and CEO of Lockheed Martin, as a recipient of the 2021 Wash100 Award for sustaining company growth through acquisition deals and contract wins, promoting support to supply chains during the COVID-19 pandemic, and advancing military technology and 5G. This marks the first-time that Taiclet...
Lockheed Martin (NYSE: LMT) has received a $447.2 million order under a U.S. Navy basic ordering agreement to manufacture 12 MH-60R Seahawk multimission helicopters for South Korea. The order, which is intended to fulfill a foreign military sales requirement, covers production and delivery services, the Department of Defense said Monday. Naval Air S...
