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...
Lockheed Martin (NYSE: LMT) has secured a potential seven-year, $462M contract to sustain the operational control segment of the U.S. Air Force‘s Global Positioning System satellites. The company will also help the military service incorporate GPS Acquisition Category III programs onto the OCX platform, perform non-recurrin...
Lockheed Martin (NYSE: LMT) has landed a potential $1.8B contract to produce and deliver missile interceptor systems to the U.S. Army and foreign military sales customers. The company said Friday it will supply Patriot Advanced Capability-3 and PAC-3 Missile Segment Enhancement interceptors along with launcher modification and related...
ERAPSCO and Lockheed Martin (NYSE: LMT) have been awarded spots on a potential $220.8M contract to supply the U.S. Navy with sonobuoys. The service intends to buy up to 18K AN/SSQ-125A units through the issuance of delivery orders under the indefinite-delivery/indefinite-quantity contract, the Department of Defense said Thursday. ERAPSCO, a joi...
Lockheed Martin (NYSE: LMT) has received a potential $167.1M contract from the U.S. Navy to provide a submarine-launched ballistic missile system’s navigation technology. The company’s rotary and mission systems business will deliver the Trident II D5 Strategic Weapon System component for submarines of the Navy’...
