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...
General Atomics, Lockheed Martin (NYSE: LMT) and Blue Origin have received contracts to conduct risk reduction efforts for the first phase of a Defense Advanced Research Projects Agency program aiming to build and demonstrate nuclear thermal propulsion technology. The three companies will aim to design propulsion systems and spacecraft concepts for ...
Lockheed Martin (NYSE: LMT) has tapped Bridget Lauderdale, vice president and general manager for the integrated fighter group at the company’s aeronautics business, to assume the same roles in support of the F-35 Lightning II Program, effective April 12. Lauderdale will work with U.S. and international clients and lead the F-35 program as it ...
Dana “Keoki” Jackson, a more than 23-year veteran of Lockheed Martin (NYSE: LMT), has joined Mitre as senior vice president and general manager of the nonprofit corporation’s national security sector. He will be responsible for expanding and implementing national security programs that support the departments of Defense and Justice as well...
Lockheed Martin‘s (NYSE: LMT) missiles and fire control business has secured a $610.5 million contract from the Missile Defense Agency to continue providing a range of support services for Saudi Arabia’s Terminal High Altitude Area Defense system to fulfill a foreign military sales requirement. Work under the THAAD FMS Phase II contract ...
Lockheed Martin (NYSE: LMT) has received a $1.12 billion contract to manufacture lot 16 Guided Multiple Launch Rocket Systems for the U.S. Army, Marine Corps and foreign military customers. The company said Monday it will provide approximately 9,000 unitary and alternative GMLR warheads and 2,000 reduced-range practice rockets along with ancillary e...
Lockheed Martin (NYSE: LMT) has received a potential $2.76 billion contract from the U.S. Army to provide rocket pods for the service’s Guided Multiple Launch Rocket Systems. The company will supply low-cost reduced range practice, unitary and alternative warhead rocket pods for GMLRS, cybersecurity and integrated product support services under th...
Lockheed Martin (NYSE: LMT) has secured a three-year, $175.5 million contract modification to continue support services for the U.S. Army’s Guided Missile and Launching Assembly Service Life Extension Program. The service branch used fiscal 2020 procurement appropriations to cover the full obligated amount, the Department of Defense said Thurs...
The Missile Defense Agency has awarded $1.6 billion in contracts through fiscal year 2022 to Northrop Grumman (NYSE: NOC) and Lockheed Martin (NYSE: LMT) to conduct technology development and risk reduction work on the Next Generation Interceptor program. MDA received three proposals for the contracts and is obligating $291.9 million in research and...
Executive Mosaic is pleased to present Rick Ambrose, executive vice president of the space business segment at Lockheed Martin, as a recipient of the 2021 Wash100 Award for his significant contributions to the federal sector, space domain and his drive to advance spacecraft development and other space tech capabilities. For the sixth year, Ambrose h...
