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...
Rick Ambrose, executive vice president of Space for Lockheed Martin, was presented with his 2020 Wash100 Award on Tuesday. Ambrose earned his fifth Wash100 Award for driving the company’s satellite capabilities as well as the nation’s upcoming lunar and space exploration missions. This marks the fifth Wash100 Award win for Ambrose and the four...
Lockheed Martin (NYSE: LMT) has won a potential 10-year, $900M contract to establish a depot sustainment facility for the U.S. Air Force's F-16 Fighting Falcon aircraft fleet....
James Taiclet, president and CEO of Lockheed Martin (NYSE: LMT), has said the company has expedited payments to 10K suppliers that include 5.9K U.S. small businesses during the coronavirus pandemic and estimated that accelerated supply chain invoices will reach more than $1B by the end of this year....
Lockheed Martin (NYSE: LMT) secured a $511M contract option to produce the 13th and 14th spacecraft for the GPS III Follow-On communication satellite program managed by the Space and Missile Systems Center, SpaceNews reported Thursday....
Lockheed Martin’s (NYSE: LMT) rotary mission systems business has received a three-year, $89.2M contract modification to produce an additional 35 automated systems for U.S. Navy avionics testing and validation....
