
Lockheed Martin (NYSE: LMT) has distributed $450M in accelerated contract payments it received from the Department of Defense to the Bethesda, Md.-based contractor's supply chain ahead of schedule. The company said Friday it also issued $85M in advance payments to small businesses and other suppliers operating throughout 46 U.S. states....
Lockheed Martin (NYSE: LMT) received a $74.8M contract from Consortium Management Group to begin the second phase of development for the U.S. Army’s Multi-Function Electronic Warfare Air Large program. The company said Wednesday it will develop the “air large” component of the MFEW-AL system, which is designed to deliver combined cyber and ele...