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....
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....
