
The Navy has awarded 42 small businesses spots on a potential 10-year, $6.1B contract for aircraft maintenance support services. The service received 42 offers for the kits, aircraft recovery, augmentation, components and engines contract and expects work to conclude by April 2030, the Department of Defense said Tuesday....
South Korea requested to procure follow-on support for F-35 jets and components through a potential $675M foreign military sales agreement with the U.S. government. Lockheed Martin (NYSE: LMT) and Pratt & Whitney will be the principal contractors for the State Department-approved FMS transaction, the Defense Security Cooperation Agency s...
Yvonne Hodge, vice president of business innovation transformation and enterprise excellence at Lockheed Martin’s (NYSE: LMT) space business, will assume the role of senior VP of enterprise business transformation on June 15. Hodge will report to James Taiclet, the incoming president and CEO of Lockheed, and oversee the company’s enterprise info...