Lockheed Martin (NYSE: LMT) has received a potential $1.54 billion contract modification to design, build and integrate equipment in support of flight test demonstrations of the U.S. Navy’s missile system. The company’s space business will perform work in Colorado, California, Utah, Massachusetts, New York, Alabama, Maryland, Arizona, Louisiana,...
TYSONS CORNER, VA, March 12, 2021 — Lockheed Martin (NYSE: LMT) is getting ready for a mission to launch and demonstrate its LM 400 satellite bus for various mission areas, ExecutiveBiz reported Monday. Via Satellite quoted Rick Ambrose, executive vice president of Lockheed’s space segment and a 2021 Wash100 Award recipient, as saying the LM...
Shareholders at Aerojet Rocketdyne Holdings (NYSE: AJRD) voted Tuesday to approve the company’s $4.4 billion sale to Lockheed Martin (NYSE: LMT) and both parties still expect to close the transaction in the second half of this year. Aerojet Rocketdyne said Tuesday holders of approximately 99.76 percent of its stock were in favor of the merger...
Lockheed Martin (NYSE: LMT) has received a contract from an undisclosed commercial customer to build and deliver a payload meant to ensure space domain awareness, Rick Ambrose, executive vice president of the company’s space business and a 2021 Wash100 Award recipient, said in a LinkedIn post. The optical sensor-equipped payload will be used f...
TYSONS CORNER, VA, March 8, 2021 — Lockheed Martin (NYSE: LMT) has extended a partnership with information technology company NEC to continue using the latter’s System Invariant Analysis Technology to identify potential anomalies during spacecraft development and satellite ground support operations, ExecutiveBiz reported Tuesday. Lockheed sa...
Lockheed Martin (NYSE: LMT) will provide services worth approximately $71 million to the F-35 program under a compensation agreement reached with the Defense Contract Management Agency in January, Bloomberg reported Tuesday. The settlement covers refund for Lockheed’s fighter aircraft parts deliveries between 2015 and early 2020 that were deem...
Lockheed Martin (NYSE: LMT) has secured a six-year, $128.7M contract to provide integration support for integrate subsystems into the common missile compartment of U.S. and U.K. nuclear-powered submarines under construction. The company will add Trident II missile and reentry components to CMC assemblies for the U.S. Navy’s Columbia-class and ...
The U.S. Air Force has awarded Lockheed Martin (NYSE: LMT) two firm-fixed-price contracts worth $842.7 million combined to build more anti-ship and air-to-surface missile systems. Lockheed will produce 137 Long Range Anti-Ship Missiles for the program’s fourth and fifth production lots under a $414.3 million award that also involves forei...
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...
