Lockheed Martin (NYSE: LMT) emerged as the final contender for the U.S. Army’s Precision Strike Missile prototyping competition, Jane’s 360 reported Tuesday. The PrSM program seeks to develop a precision-strike, surface-to-surface guided missile to replace the Army Tactical Missile System and that can be fired from the M142 High Mobility Artill...
Stephanie Turner, a 25-year human resources professional and former director of corporate diversity and inclusion at Lockheed Martin (NYSE: LMT), has been named vice president of inclusion, diversity and social innovation at Mitre....
Lockheed Martin (NYSE: LMT) has received a potential $789.6M contract from the U.S. Navy to provide sustainment and maintenance support for the combat management system of the service’s littoral combat ships. The sole-source contract for the Littoral Combat Ship Component Based Total Ship System – 21st Century program has a base amount worth $9...
Lockheed Martin (NYSE: LMT) has secured a $601.3M contract modification from the U.S. Navy to produce additional submarine-launched ballistic missile systems for the service branch and the U.K. The company will manufacture Trident II D5 missiles and support deployed systems through the sole-source contract, the Department of Defense said Thursd...
James Taiclet, a board member at Lockheed Martin (NYSE: LMT), has been elected by the board of directors to succeed Marillyn Hewson as president and CEO, effective June 15. Hewson, who has served as president and CEO since 2013 and a 2020 Wash100 award winner, will transition to the role of executive chairman of the board by mid-June, Lockheed said...
Lockheed Martin (NYSE: LMT) has been awarded a $173.2M contract modification by the U.S. Navy to obtain materials, components and support needed to build the 15th batch of F-35 jets....
The U.S. Army has awarded Lockheed Martin (NYSE: LMT) a potential $155M contract to provide electro-optical sensors for integration onto Morocco's Apache attack helicopters....
The Space Force has awarded a $240M contract to Lockheed Martin (NYSE: LMT) and a $191M contract to Boeing (NYSE: BA) to develop payloads to help the service branch secure military satellite communications. The two companies will help the new service branch develop Protected Tactical Satcom payloads for a family-of-systems architecture designed to ...
Lockheed Martin (NYSE: LMT) has received a potential five-year, $286.8M contract from the U.S. Navy to produce, test and deliver towed arrays for the service branch....
The U.S. Army has awarded Lockheed Martin (NYSE: LMT) a potential $1.14B contract modification to manufacture surface-to-surface systems designed to engage service area and point targets....
