Lockheed Martin (NYSE: LMT) has received from the Federal Trade Commission a second request for additional information as FTC continues to review its proposed acquisition of Aerojet Rocketdyne (NYSE: AJRD). The latest request extends for another 30 days the waiting period under the Hart-Scott-Rodino Act, Lockheed said Friday. In December, Lockheed s...
The State Department has cleared Finland’s request to procure 35 extended-range systems of Lockheed Martin‘s (NYSE: LMT) Guided Multiple Launch Rocket through a potential $91.2 million foreign military sales deal. Lockheed’s missile and fire control segment will be the principal contractor under the FMS agreement for 25 M30A2 ER GM...
General Atomics, Lockheed Martin (NYSE: LMT) and Northrop Grumman (NYSE: NOC) have received separate contracts from the Defense Advanced Research Projects Agency to design air-launched unmanned aerial vehicles that can deploy multiple weapons. All three companies will conduct preliminary design work for the first phase of DARPA's LongShot progr...
A Lockheed Martin (NYSE: LMT) business unit has secured a potential two-year, $129.4 million contract to provide logistics support for the U.S. Air Force’s C-5 Galaxy transport aircraft fleet. The company’s aeronautics segment will receive $31.5 million through a task order under the indefinite-delivery/indefinite-quantity contract, the ...
Lockheed Martin (NYSE: LMT) has received a five-year, $254.7M contract from the Missile Defense Agency to maintain two batteries for the United Arab Emirates’ Terminal High Altitude Area Defense system. The company’s space business will also manage logistics and associated product database, develop software, provide training, conduct fie...
A state-by-state analysis of Department of Defense spending showed Lockheed Martin (NYSE: LMT), Boeing (NYSE: BA) and Northrop Grumman (NYSE: NOC) took the first three spots on a list of top 10 contract awardees during fiscal year 2019. Lockheed received $45.6B in FY 2019 contracts, while Boeing and Northrop secured $25.7B and $19.5B in contracts,...
Lockheed Martin (NYSE: LMT) has received a potential five-year, $750M contract from the U.S. Navy to modernize and maintain Aegis Combat Systems for six customers under the foreign military sales program....
Sean Daily, former vice president of finance and business operations at Lockheed Martin's (LMT: NYSE) space segment, has joined Cobham Advanced Electronic Solutions as chief financial officer. CAES said Monday that Daily will also join the board of directors of the Arlington, Virginia-based aerospace and defense electronics provider....
Lockheed Martin (NYSE: LMT) has been awarded a potential $4.93B contract modification by the U.S. Space Force to build, assemble, test and integrate three Next Generation Geosynchronous Earth-orbiting space vehicles....
Naval Air Systems Command has awarded Lockheed Martin (NYSE: LMT) a $903.6M contract modification to obtain long-lead items, components and support services needed to build lot 16 F-35 jets for U.S. and international defense customers....
