Lockheed Martin (NYSE: LMT) has named Chauncey McIntosh, a more than 20-year program management, business and engineering leader, as vice president and general manager of the F-35 Lightning II Program. The company said Wednesday McIntosh will take on the role on Dec. 1, succeeding Bridget Lauderdale, who will retire by the end of 2024 after...
The U.S. Air Force has awarded Lockheed Martin‘s (NYSE: LMT) missiles and fire control business a $3.23 billion sole-source contract for the production of joint air-to-surface standoff missiles and long-range anti-ship missiles. The firm-fixed-price, undefinitized contract action covers JASSM Lot 22 and foreign military sales missile procureme...
The U.S. Navy has awarded Lockheed Martin (NYSE: LMT) a $422.2 million contract valued to provide logistics, sustainment, project management and engineering services in support of the Czech Republic’s F-35 Joint Strike Fighter program. Work on the foreign military sale will be performed in undisclosed locations within and outside the con...
David Young, a strategy and business development leader, has joined Lockheed Martin’s (NYSE: LMT) space business as vice president and deputy general manager for national security space. He disclosed his new position in a LinkedIn post published Monday. In this capacity, he will lead over 8,000 space professionals to meet the mission requirements ...
Lockheed Martin (NYSE: LMT) has secured a $297.1 million contract from NASA to oversee the development of a lightning mapping instrument called the GeoXO Lightning Mapper. NASA said Tuesday the cost-plus-award-fee contract, awarded on behalf of the National Oceanic and Atmospheric Administration, covers the production of two flight instruments ...
Lockheed Martin (NYSE: LMT) has received a potential $3.43 billion contract modification from the U.S. Army to produce surface-to-surface weapon systems for the service branch. The Department of Defense said Friday the Army expects work on the Guided Multiple Launch Rocket System supply contract award to run through Oct. 20, 2027. Army Contracting C...
A joint venture of Lockheed Martin (NYSE: LMT) and RTX‘s (NYSE: RTX) Raytheon business has received a potential $1.3 billion follow-on contract from the U.S. Army to produce Javelin missiles and supply related equipment and services for the military branch. The companies said in a joint release published Thursday the follow-on award is part of...
The U.S. Navy has awarded Lockheed Martin (NYSE: LMT) a potential $3.9 billion contract to provide training systems and design, develop, integrate and test simulation platforms for the F-35 Lightning II fighter aircraft. The Department of Defense said Wednesday work on the sole-source, indefinite-delivery/indefinite-quantity contract will occur in O...
Michael Drews, a more than 20-year Lockheed Martin (NYSE: LMT) veteran, has taken on the role of vice president for global situational awareness and NC3 advanced capabilities and mission strategy at the Bethesda, Maryland-based aerospace and defense contractor. He announced his new position in a LinkedIn post published Monday. In this role, Drews wi...
Lockheed Martin‘s (NYSE: LMT) rotary and missions systems business has secured a $113.6 million contract modification from the U.S. Navy for shipboard electronic warfare systems. The award exercised an option for full rate production of Surface Electronic Warfare Improvement Program, or SEWIP AN/SLQ-32(V)6 and AN/SLQ-32C(V)6 systems, the Depar...
