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...
TYSONS CORNER, VA, Oct. 9, 2017 — Lockheed Martin (NYSE: LMT) will support a Missile Defense Agency project to test and integrate a low-power laser to an unmanned aerial vehicle under a $9.4 million contract, ExecutiveBiz reported Friday. The Defense Department said Thursday the contract is part of the Low Power Laser Demonstrator phase 1 ...
Lockheed Martin (NYSE: LMT) and Austal™s U.S. arm have received six-year contracts worth $584.2 million each to help the U.S. Navy build Littoral Combat Ships. The contract modification awarded to Austal USA covers LCS design, planning, construction and testing activities in exercise of an option to a previously awarded contract, the Defen...
TYSONS CORNER, VA, Oct. 6, 2017 — Lockheed Martin‘s (NYSE: LMT) T-50A aircraft has reached a milestone with its 100th sortie in Greenville, South Carolina, as the company pursues the U.S. Air Force‘s Advanced Pilot Training contract, ExecutiveBiz reported Thursday. The company said Wednesday the T-50A is undergoi...
James Craig, a 35-year veteran of Lockheed Martin (NYSE: LMT), has joined Cubic™s (NYSE: CUB) global defense segment as vice president and general manager of ground training systems. œJim brings a wealth of talent, energy and remarkable program execution credentials to Cubic, Dave Buss, president of Cubic Global Defense, said in a statemen...
Lockheed Martin (NYSE: LMT) and Rockwell Collins (NYSE: COL) have won three-year contracts from the U.S. Air Force to perform risk reduction and technology maturation work on a platform designed to replace the service™s aerial launch control system. The military branch awarded an $80.7 million contract to Lockheed™s space systems business ...
