Lockheed Martin (NYSE: LMT) has received a $547.9 million contract modification from the U.S. Army to manufacture Hellfire II semi-active laser-guided missiles. The Defense Department said Thursday the modification covers the production of 7,358 Hellfire II missiles in containers and in a range of air-to-ground missile models. Lo...
The U.S. Air Force has awarded a pair of contracts worth approximately $900 million each to Lockheed Martin (NYSE: LMT) and Raytheon (NYSE: RTN) to conduct technology maturation and risk reduction work for the Long Range Standoff nuclear cruise missile. The companies will perform work at their respective facilities in Florida and Arizona t...
TYSONS CORNER, VA, Aug. 23, 2017 — Lockheed Martin (NYSE: LMT) has worked with NASA to test the Orion crew module’s vehicle management computers, power and data units and flight software during an initial power-up event at the Kennedy Space Center, ExecutiveBiz reported Tuesday. The company said Tuesday the spacecraft will b...
James McConville, a more than 20-year federal market veteran, has joined Privia as president and CEO of the Herndon, Virginia-based government contracting bid, capture and proposal software company. He previously held a similar dual-role at Aeromech Engineering and served as an executive vice president at Chandler/May, both of which L...
Lockheed Martin (NYSE: LMT) has secured a $427 million order from the U.S. Navy to provide ancillary military and pilot flight equipment for the 11th batch of low-rate initial production F-35 jets. The Defense Department said Monday Lockheed will supply the F-15 equipment to the Navy, Air Force, Marine Corps, ...
TYSONS CORNER, VA, Aug. 21, 2017 ” Boeing (NYSE: BA), General Atomics, Lockheed Martin (NYSE: LMT) and Northrop Grumman (NYSE: NOC) are expected to submit proposals to the U.S. Navy for the development of an unmanned aerial refueling tanker that operates with an aircraft carrier, ExecutiveBiz reported Friday. USNI News reported Thursday&nb...
TYSONS CORNER, VA, Aug. 18, 2017 ” Rick Ambrose, executive vice president of Lockheed Martin‘s (NYSE: LMT) space systems segment, has said the future of satellite production will be driven by developments in augmented and virtual reality, 3D printing and artificial intelligence, ExecutiveBiz reported Wednesday. Ambrose, an induc...
Lockheed Martin (NYSE: LMT) has won a spot on a potential eight-year, $499 million contract from the U.S. Air Force to research and develop new aerospace vehicle technologies for warfighters. The Defense Department said Thursday Lockheed will support the Aerospace Systems Air Platform Technology Research program in Fort Worth, Texas, throug...
TYSONS CORNER, VA, Aug. 16, 2017 ” Lockheed Martin (NYSE: LMT) has completed the integration of an updated A2100 communications satellite for Arabsat and the King Abdulaziz City for Science and Technology organization in Saudi Arabia, ExecutiveBiz reported Friday. “We’ve modeled this activity in our virtual reali...
A joint venture of Lockheed Martin (NYSE: LMT) and Raytheon (NYSE: RTN) has received a five-year, $133.9 million contract modification from the U.S. Army for the delivery of Javelin equipment and associated parts to three foreign military sales customers. The Defense Department said Tuesday Javelin Joint Venture will provide non-recurring ...
