Lockheed Martin (NYSE: LMT) and the Defense Department have sealed a potential $11.5B deal for the company to build 141 lot 11 F-35 fighter jets for the U.S. and foreign allies. The contract includes the delivery of 91 low-rate initial production F-35s for U.S. service branches, 28 jets for international partners and 22 units for foreign m...
TYSONS CORNER, VA, September 27, 2018 ” Lockheed Martin (NYSE: LMT) has unveiled a new innovation center in Florida that is aimed to accommodate an estimated 5K employees and house five laboratories to support research and development efforts, ExecutiveBiz reported Wednesday. The company said Tuesday the 6.5K-square-foot facility, which is...
Lockheed Martin (NYSE: LMT) has received a potential nine-year, $1.36B contract to produce the 11th and 12th GPS IIIF satellites for the U.S. Air Force. The contract includes space vehicle test bed and simulators, nonrecurring engineering support, launch and on-orbit services, space vehicle storage and options for up to 22 GPS III satellites, the De...
TYSONS CORNER, VA, September 26, 2018 ” A Cubic (NYSE: CUB) business unit has secured a contract from Lockheed Martin (NYSE: LMT) to provide air combat training technology for the latter’s F-35 Lightning II Lots 12 to 14 aircraft, ExecutiveBiz reported Thursday. Cubic Global Defense will supply an estimated 500 F-35 training subsyste...
Lockheed Martin (NYSE: LMT) has received a $289M contract to provide 24 High Mobility Artillery Rocket Systems and related equipment to the U.S. Army. Production of HIMARS launchers will occur at the company-operated Precision Fires Center of Excellence facility in Camden, Ark., Lockheed said Tuesday. Contract work is scheduled for co...
Robert Mullins, a 20-year aerospace and defense industry veteran, has been named senior vice president for corporate strategy and business development at Lockheed Martin (NYSE: LMT) in a move that takes effect Oct. 8. He will serve as a corporate officer and succeed Stephanie Hill, who will transition to the role of deputy executive VP...
TYSONS CORNER, VA, September 24, 2018 ” Lockheed Martin (NYSE: LMT) is exploring multiple concepts for an aerial refueling plane as the company looks to bid on the U.S. Air Force‘s KC-Z tanker aircraft program, ExecutiveBiz reported Friday. The Drive reported Thursday that Lockheed is preparing proposals to offer hybrid-wing and flyi...
Lockheed Martin (NYSE: LMT) has secured a potential 10-year, $753.1M contract to help the U.S. Navy build and engineer an integrated submarine imaging system. The company will produce Technical Insertion 20-24 for the AN/BVY-1 ISIS in an effort to provide visual and other tools for the service branch’s submarines, the Defense De...
TYSONS CORNER, VA, September 20, 2018 ” Lockheed Martin (NYSE: LMT) has utilized agile development approaches to deliver integrated signals intelligence capabilities into the intelligence, surveillance and reconnaissance system of the U.S. Air Force, ExecutiveBiz reported Wednesday. The company said Tuesday it worked with the Air Force to ...
Lockheed Martin (NYSE: LMT) and Austal‘s U.S. arm have received separate contract modifications to build three fiscal 2018 littoral combat ships for the U.S. Navy. The Defense Department said Tuesday Lockheed will develop one LCS and Austal USA will construct two ships under the fixed-price-incentive modifications awarded by Naval Sea Systems ...
