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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....
Michele Evans, most recently executive vice president of Lockheed Martin's (NYSE: LMT) aeronautics business area, passed away Friday at the age of 55. “Throughout her career, Michele led some of the most important programs that ensure the security of our nation and its allies and help make our world a safer place,” Lockheed President and CE...
Lockheed Martin (NYSE: LMT) has secured a one-year, $1.29B contract with Naval Air Systems Command to provide recurring logistics and initial training support to U.S. and international operators of the F-35 Lightning II Joint Strike Fighter aircraft....
The U.S. Navy has awarded Lockheed Martin (NYSE: LMT) a two-year, $101.5M contract modification to perform F-35 Lightning II aircraft sustainment and day-to-day flight support work for the British defense ministry....
Lockheed Martin's (NYSE: LMT) aeronautics segment has received a one-year, $96.5M contract modification from the U.S. Navy to perform F-35 aircraft modification and reachback engineering work....
Lockheed Martin (NYSE: LMT) has agreed to acquire Aerojet Rocketdyne (NYSE: AJRD) for approximately $4.4B in a move to expand its capabilities in the areas of hypersonics, space exploration, integrated air and missile defense and tactical missiles. The deal is expected to conclude in the second half of 2021, subject to approval by Aerojet Rocketdyne...
