TYSONS CORNER, VA, January 31, 2018 ” Lockheed Martin (NYSE: LMT) has entered into a partnership with a nonprofit organization as part of a program to generate civilian work opportunities for military veterans and drive job growth in Florida, ExecutiveBiz reported Wednesday. Veterans Florida said Jan. 24 Lockheed will support the expansion...
A report by consulting firm McAleese & Associates says Lockheed Martin (NYSE: LMT) saw its fiscal 2018 sales rise 8 percent to $53.8B and the increase was primarily driven by revenue growth in the Bethesda, Md.-based company’s aeronautics and missiles and fire control segments. Jim McAleese, founder and principal of McAleese &...
Lockheed Martin (NYSE: LMT) will continue to manufacture submarine-launched ballistic missiles for the U.S. Navy and the government of U.K. under a four-year, $559.6M contract modification. The company will also support both countries’ deployed Trident II D5 missile systems, the Department of Defense said Thursday. The Navy will obligate ...
Lockheed Martin‘s (NYSE: LMT) aeronautics business has received a five-year, $542.2M contract to provide F-35 ancillary mission equipment and associated initial spares to U.S. and international military customers. The Department of Defense said Tuesday the company will initially receive $437.3M in U.S. Air Force, Navy and M...
Lockheed Martin (NYSE: LMT) has received a potential $131.6M contract to perform sustaining engineering work on the U.S. Air Force‘s fleet of C-5 Galaxy airlifters. The Air Forcewill obligate $23.5M at the time of award from its fiscal 2019 operations and maintenance and transportation working capital funds, the Department of Defense said...
Robert Cleave, a 13-year veteran of Lockheed Martin (NYSE: LMT) and founder of satellite operator Xtar, has been named chief revenue officer of space launch company Vector. He will lead a line of business as well as budgeting, customer acquisition and partnership efforts in his new position, Vector said Thursday. The three-d...
TYSONS CORNER, VA, January 11, 2018 ” Lockheed Martin (NYSE: LMT) has named Raytheon (NYSE: RTN) a partner in its effort to develop a missile-detection platform for the U.S. Air Force that would succeed the current Space Based Infrared System satellites, ExecutiveBiz reported Thursday. Raytheon said Wednesday it will help design the payloa...
Sharon Watts, formerly an executive at Leidos (NYSE: LDOS) and Lockheed Martin (NYSE: LMT), has joined Constellis as chief administrative officer. Constellis CEO Tim Reardon said in a statement released Monday Watts brings to the company “a strong background in information systems, human resources, staffing and optimizing merger and ...
Lockheed Martin‘s (NYSE: LMT) rotary and mission systems business has received a $184.1M firm-fixed-price contract modification to update subsystems of the U.S. Navy‘s AN/SLQ-32(V) electronic warfare system. The Navy issued the award to exercise options under a previously award contract for Block 2 full-rate production as part of the&nbs...
Lockheed Martin‘s (NYSE: LMT) aeronautics business has received a $712.4M delivery order from the U.S. Navy to design and develop hardware for the F-35 Technology Refresh 3 system. The company will support flightworthy certification, production readiness review and fleet release of the system for use in lot 15 fighter jets, the Depar...
