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Former Sempra Energy Chairman, President and CEO Debra Reed-Klages has been named a member of Lockheed Martin's (NYSE: LMT) board of directors in a move that takes effect Nov. 1. "Debra brings a demonstrated track record of global business leadership and extensive experience in risk management and environmental and sustainability strat...
Lockheed Martin (NYSE: LMT) has received a $148.4M order to support durability tests on F-35B jets belonging to the U.S. Marine Corps and non-Department of Defense participants in the fighter aircraft program. The company will conduct tests needed to certify the short takeoff/vertical landing variant to reach a 30-year service life, DoD said...
Engineering and construction management services provider TRC Companies has agreed to buy a Lockheed Martin (NYSE: LMT) business unit that provides energy services to gas and electric utilities....
A report by consulting firm McAleese & Associates says Lockheed Martin (NYSE: LMT) expects a potential $35B block buy contract to be awarded in the fourth quarter of 2019 for lots 12 through 14 of the F-35 fighter jet....
Lockheed Martin (NYSE: LMT) has won a potential three-year, $108.3M contract from the U.S. Air Force to conduct technology maturation and risk reduction efforts to support the development of a reentry vehicle for the W87-1 nuclear warhead....
Hewlett Packard Enterprise (NYSE: HPE), Mercury Systems (Nasdaq: MRCY) and Supermicro have developed computing platforms that employ a full-stack workload protection technology built through a partnership between Intel (Nasdaq: INTC) and Lockheed Martin (NYSE: LMT)....
QinetiQ announced on Wednesday that the company has entered into an agreement to acquire Manufacturing Techniques (MTEQ) on a cash-free, debt-free basis for $105 million to be paid in cash on completion. The transaction will more than double the size of QinetiQ™s U.S. operations. œThe acquisition of MTEQ is a significant step towards...
Lockheed Martin (NYSE: LMT) will continue to provide logistics support for the U.S. Air Force's space-based infrared system under a one-year, $163.9M contract modification....
Timothy Cahill, a 24-year Lockheed Martin (NYSE: LMT) veteran, has been named a corporate officer and senior VP of the company’s international arm, effective Oct. 14....
Lockheed Martin (NYSE: LMT) has secured a potential five-year, $1.22B contract modification to produce Trident II D5 missiles and support deployed systems for the U.S. and U.K. navies. The modification has a base value of $494.9M and will reach its potential maximum dollar value if all options are exercised, the Department of Defense said Monday...
