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Paul Lemmo, vice president of integrated warfare systems and sensors at Lockheed Martin (NYSE: LMT), has been promoted to president of the aerospace and defense contractor’s Sikorsky subsidiary, Inside Defense reported Wednesday. Lemmo will succeed the retiring Dan Schultz, a 14-year Lockheed veteran, in January....

Lockheed Martin (NYSE: LMT) has been awarded a $709.8M contract modification by Naval Air Systems Command to obtain materials needed for the low-rate initial production of additional F-35 jets for U.S. and foreign military sales customers. The modification funds material purchases for lot 15 through lot 17 aircraft of the U.S. Air Force, Navy and Ma...

Lockheed Martin (NYSE: LMT) has secured a $51.2M contract from the U.S. Space Force to build, test and integrate a missile warning technology into the government's planned common ground command-and-control infrastructure for multiple satellite missions. The company said Wednesday it will develop mission software to support the transition of Geo...