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Lockheed Martin (NYSE: LMT) has received a potential $386 million contract modification from the U.S. Air Force to continue support work on the military branch’s intercontinental ballistic missile system. The Defense Department said Wednesday Lockheed’s space systems business will support the re-entry systems and vehicle subs...

Lockheed Martin (NYSE: LMT) has received a potential $215 million contract to provide automated package processing systems to the U.S. Postal Service. The company said Tuesday it will supply as many as 10 Enhanced Package Processing Systems to USPS under the indefinite-delivery/indefinite-quantity contract to help the agency automatic...

TYSONS CORNER, VA, Nov. 7, 2017 — Lockheed Martin (NYSE: LMT) CEO Marillyn Hewson and Space Systems Executive Vice President Rick Ambrose hosted Vice President Mike Pence and U.S. Air Force Secretary Heather Wilson during their visit to a company facility in Colorado in late October, ExecutiveBiz reported Oct. 27. The Denver Business Jo...

Lockheed Martin (NYSE: LMT) has received a potential $260 million contract modification from the U.S. Navy to help modernize four P-3B maritime patrol aircraft for the government of Greece. The Defense Department said Monday Lockheed’s aeronautics business unit will support phased depot maintenance as well as avionics and countr...

TYSONS CORNER, VA, Oct. 30, 2017 ” Lockheed Martin (NYSE: LMT) and Spain’s Navantia shipbuilder have entered into a renewed partnership to explore possible business opportunities in naval combat systems and surface ships, ExecutiveBiz reported Friday. The alliance will also work to deliver the Aegis Combat System and Spain-made senso...

Lockheed Martin (NYSE: LMT) has received a $131 million follow-on contract to continue to manufacture laser guided bomb kits for the U.S. Air Force. The company said Wednesday it will supply Paveway II Plus LGB kits for the ninth consecutive year to USAF and the contract includes funds meant to address the service branch’s foreign militar...

TYSONS CORNER, VA, Oct. 19, 2017 ” Boeing (NYSE: BA) and Lockheed Martin (NYSE: LMT) are working to develop designs for an extra large unmanned undersea vehicle after the U.S. Navy awarded the companies two separate contracts for the program, ExecutiveBiz reported Wednesday. USNI News reported Tuesday the service branch has awarded $4...

Roger Krone, chairman and CEO of Leidos, talked about the Reston, Virginia-based government information technology services contractor™s merger with Lockheed Martin™s information systems and global services business at the Titans breakfast event held Friday in Tysons Corner, Virginia. He discussed at the Northern Virginia Te...

TYSONS CORNER, VA, Oct. 12, 2017 — Lockheed Martin (NYSE: LMT) has received clearance from the U.S. Air Force on the availability of the first GPS III satellite for launch in 2018 and will await further approval to begin pre-launch preparations, ExecutiveBiz reported Wednesday. The company said Tuesday GPS III Space Vehicle 01 ...

Lockheed Martin (NYSE: LMT) has received orders worth a combined $337 million to provide sensor systems and support services for Apache military helicopters of the U.S., U.K. and Saudi Arabia. The orders for Modernized Target Acquisition Designation Sight/Pilot Night Vision Sensors fall under a potential five-year, $2 billion indefinite-de...