A report by consulting firm McAleese & Associates says Lockheed Martin (NYSE: LMT) saw its sales in the second quarter of 2019 rise 8 percent to $14.4B primarily driven by sales growth in the company’s missiles and fires control sector and space segment....
Marillyn Hewson, president and CEO of Lockheed Martin (NYSE: LMT) and a 2019 Wash100 winner, said the estimated value of the company’s hypersonic contracts now stands at over $3.5B, Inside Defense reported Tuesday....
Lockheed Martin (NYSE: LMT) has placed a strategic investment in ABL Space Systems to help accelerate the development and testing of the latter's first launch vehicle designed for small satellite missions....
A team composed of Lockheed Martin (NYSE: LMT), Kratos Defense & Security Solutions (Nasdaq: KTOS) and Ball Aerospace has received a $7.2M contract from the Defense Innovation Unit to build a Multi-Band, Multi-Mission satellite antenna prototype....
Lockheed Martin (NYSE: LMT) has received a four-year, $492.1M contract to supply High Mobility Artillery Rocket System launchers, software and associated parts to the U.S. Army....
President Donald Trump highlighted F-35 support activities during his recent visit to a facility operated by Lockheed Martin's (NYSE: LMT) Derco Aerospace subsidiary in Milwaukee....
Lockheed Martin (NYSE: LMT) has received a $174.9M delivery order to help the U.S. Navy update long range anti-ship missile systems. The order falls under a blanket purchase agreement through which Lockheed provides engineering, testing, product and ancillary support services, the Department of Defense said Wednesday....
Lockheed Martin (NYSE: LMT) has received a three-year, $348.2M U.S. Navy contract modification to fund the production of special tools and test equipment for lot 12 F-35 jets. The Naval Air Systems Command is obligating the full amount of the modification from Navy, Marine Corps, Air Force and non-Department of Defense partner and foreign military...
Lockheed Martin (NYSE: LMT) has won a potential $124.9M contract to integrate and test a combat system on guided missile frigate vessels for the U.S. Navy. The service branch received three offers for the cost-plus-incentive-fee, cost-plus-fixed-fee, firm-fixed-price contract via FedBizOpps, the Department of Defense said Monday....
Lockheed Martin’s (NYSE: LMT) board of directors has appointed company veterans Frank St. John and Scott Greene to new executive vice president roles, effective Aug. 26....
