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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 ...

The U.S. Special Operations Command has awarded Lockheed Martin (NYSE: LMT) a potential 10-year, $8 billion contract to continue providing logistics support services to the country’s special operations forces. The Defense Department said Friday the company will also support program and enterprise management functions for USSOCOM’s pro...

TYSONS CORNER, VA, Aug. 11, 2017 ” Lockheed Martin (NYSE: LMT) has completed the delivery of three of six satellite signal receivers for the U.S. Air Force‘s global positioning system monitoring stations in efforts to update the ground control system, ExecutiveBiz reported Monday. The company said Monday the Monitor Station...

TYSONS CORNER, VA, Aug. 10, 2017 ” Lockheed Martin (NYSE: LMT) has received from Harris (NYSE: HRS) the third of 10 navigation payloads for the Global Positioning System III satellites that will work to build on signal power, accuracy and jamming resistance for the U.S. Air Force, ExecutiveBiz reported Wednesday. Harris said Wednesday...

TYSONS CORNER, VA, Aug. 7, 2017 ” Two Lockheed Martin-built (NYSE: LMT) U.S. Air Force satellites have been rescheduled to launch in 2018 aboard United Launch Alliance Atlas V rockets, ExecutiveBiz reported Friday. Spaceflight Now reported Wednesday the fourth Space Based Infrared System missile warning satellite w...

Lockheed Martin (NYSE: LMT) has landed a $161.4 million contract from the U.S. Army to produce 150 tactical missile systems and guided missile launch assemblies under the ATACMS GMLA Service Life Extension Program. The Defense Department said Wednesday Lockheed will perform work in Texas, Arkansas, Vermont, Colorado, Connecticut, Florida, ...