TYSONS CORNER, VA, March 7, 2017 ” The latest phase of the Australian air force’s potential multimillion-dollar program for the modernization of its over-the-horizon radar system has received bids from BAE Systems and Lockheed Martin (NYSE: LMT), ExecutiveBiz reported Monday. Aviation Week reported Thursday phase 6 of the J...
The Defense Logistics Agency has awarded Lockheed Martin (NYSE: LMT) a potential 10-year, $750 million contract to supply the U.S. Air Force with flight line spare parts. The Defense Department said Friday Lockheed won the contract, which contains a five-year base period plus three-year and two-year option periods, via a com...
Lockheed Martin‘s (NYSE: LMT) rotary and mission systems business has secured a $100.4 million contract modification to update the U.S. Navy‘s shipboard sensor processing systems under the Technical Insertion-16 Acoustic – Rapid-Commercial-Off-The-Shelf Insertion program. The Defense Department said Friday the progra...
Executive Mosaic, Tysons Corner, VA March 1, 2017 — Rick Ambrose, executive vice president of Lockheed Martin™s space systems segment, has been inducted into Executive Mosaic™s 2017 Wash100 for his effective partnering and investment leadership. The Wash100 is the premier group of private and public sector e...
TYSONS CORNER, VA, March 1, 2017 ” Air Combat Command Chief Gen. Hawk Carlisle has said the Lockheed Martin-built (NYSE: LMT) F-35 fighter jet will be deployed within the next few years to support operations against the Islamic State militant group, Executive Gov reported Tuesday. Military.com reported Friday that Carlisle noted ...
Lockheed Martin (NYSE: LMT) has received a $1.06 billion contract to sustain and provide recurring logistics support for F-35 aircraft of the U.S. Navy, Marine Corps, Air Force, non-Defense Department participants and foreign military sales customers. DoD said Tuesday that Lockheed will conduct sustainment efforts such as gr...
TYSONS CORNER, VA, Feb. 27, 2017 ” Lockheed Martin (NYSE: LMT) has signed a memorandum of understanding with Abu Dhabi Ship Building Company to provide sustainment support for the United Arab Emirates’ naval assets, ExecutiveBiz reported Friday. The MOU covers joint maintenance, repair and overhaul services for the UAE navy...
TYSONS CORNER, VA, Feb. 27, 2017 ” Lockheed Martin (NYSE: LMT) has unveiled plans to relocate an estimated 650 positions under the Fleet Ballistic Missile program from California to Colorado and Florida by 2024, ExecutiveBiz reported Friday. The company said Thursday the move aims to build on skill sets, resources and infrastructure a...
TYSONS CORNER, VA, Feb. 23, 2017 ” Lockheed Martin (NYSE: LMT) has completed the first flight test of its second production-ready T-50A trainer aircraft at the company’s final assembly and checkout facility in South Carolina, ExecutiveBiz reported Wednesday. The company said Monday it aims to offer the T-50A in the U.S. Air...
TYSONS CORNER, VA, Feb. 22, 2017 ” Lockheed Martin (NYSE: LMT) will produce laser-guided training rounds for Poland’s military under a $1.9 million contract from Megmar Logistics and Consulting, ExecutiveBiz reported Tuesday. This is Poland’s first procurement of the Enhanced Laser Guided Training Rounds under the F-16 Block 52...
