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Lockheed Martin (NYSE: LMT) has awarded BAE Systems a potential five-year, $100 million contract to provide sustainment support for electronic warfare platforms aboard the F-35 Lightning II fighter jet. BAE said Tuesday it will oversee the supply chain for the EW suite, manage regional warehouses with on-hand EW component inventories and establish m...
https://www.youtube.com/watch?v=q9vYToNAT0Q Major General Duncan Heinz (USMC, ret.), President and CEO of IBC Advanced Alloys, discusses IBC’s recent three-year contract with Lockheed Martin to produce a specialized beryllium-aluminum part for the F-35....
Bethesda, Md.-based firm Lockheed Martin (NYSE: LMT) has promoted Michele Evans, an executive at its rotary and mission systems unit, to serve as the company™s deputy executive vice president for the aeronautics division starting June 4. The aerospace and defense company said Monday Evans will oversee several initiatives such as the F-35, ...
TYSONS CORNER, VA, May 15, 2018 ” Lockheed Martin (NYSE: LMT) has partnered with King’s Academy in Jordan to sponsor a robotics laboratory at the nonprofit school in an effort to support science, technology, engineering and math education, ExecutiveBiz reported Monday. TradeArabia reported Saturday that the opening of the Lockhe...
TYSONS CORNER, VA, May 10, 2018 ” Marillyn Hewson, chairman, president and CEO of Lockheed Martin (NYSE: LMT), has received recognition from Chief Executive magazine as the “2018 Chief Executive of the Year” for her contributions to help advance science, technology, engineering and mathematics education, ExecutiveBiz...
Barry McCullough, formerly vice president of international business development at Lockheed Martin‘s (NYSE: LMT) rotary and mission systems business, has been named as the unit’s VP of strategy and business development, Inside Defense reported Wednesday. The report said McCullough will lead the development and implementation of...
TYSONS CORNER, VA, May 9, 2018 ” Lockheed Martin (NYSE: LMT) has reached an agreement with the Defense Department on matters related to the cost of F-35 repairs and has resumed deliveries of the aircraft to the military, ExecutiveBiz reported Tuesday. Reuters reported Tuesday that the F-35 Joint Program Office indicated the deal cover...
Lockheed Martin (NYSE: LMT) has received a potential $194.3 million contract to provide consoles and cabinets for the machinery control system of the U.S. Navy‘s Arleigh Burke-class guided missile destroyers. DDG 51 MCS is designed to monitor and manage the ship™s auxiliary, damage control, electrical and propulsion systems, the...
The State Department has approved Germany™s request to procure three Lockheed Martin-built (NYSE: LMT) C-130J-30 military transport aircraft and three KC-130J tanker planes from the U.S. government under a potential $1.4 billion foreign military sales agreement. Lockheed will serve as the prime contractor in the proposed deal that see...
The U.S. Air Force intends to award Lockheed Martin (NYSE: NOC) and Northrop Grumman (NYSE: NOC) separate contracts to help the service branch define requirements for its future missile warning satellite constellation. Both companies will support the Next-Generation Overhead Persistent Infrared program that aims to build a constellation of satellite...
