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Tag Archives: aeronautics

McAleese & Associates: Lockheed Reports 23% Growth in Q1 2019 Sales

A report by consulting firm McAleese & Associates says Lockheed Martin (NYSE: LMT) saw its sales in the first quarter of 2019 climb 23 percent to $14.3B primarily driven by sales growth in the company’s aeronautics and missiles and fires control business units. Jim McAleese, founder and principal of McAleese & Associates …

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McAleese & Associates: Lockheed’s 2018 Sales Driven by Aeronautics, Missiles & Fire Control Businesses

A report by consulting firm McAleese & Associates says Lockheed Martin (NYSE: LMT) saw its fiscal 2018 sales rise 8 percent to $53.8B and the increase was primarily driven by revenue growth in the Bethesda, Md.-based company’s aeronautics and missiles and fire control segments. Jim McAleese, founder and principal of McAleese & …

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Michele Evans to Succeed Orlando Carvalho as Lockheed Aeronautics Head; Marillyn Hewson Quoted

Michele Evans, deputy executive vice president for Lockheed Martin’s (NYSE: LMT) aeronautics business area, has been promoted to EVP of the same business in a move that takes effect Oct. 1. She will succeed Orlando Carvalho, who will retire after a nearly four-decade career with Lockheed, the company said Wednesday. “Michele has led critical …

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NASA Selects 128 Tech R&D Proposals for $96M SBIR Phase II Award

NASA has awarded multiple two-year contracts worth a combined $96 million to 128 proposals from U.S. small businesses that will conduct research and development projects in support of the agency’s future space missions. Selected companies will perform R&D work under the second phase of NASA’s 2017 Small Business Innovation Research program, …

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Millennium Lands Potential $185M NASA Safety, Mission Assurance Services IDIQ

Millennium Engineering and Integration Company has secured a potential five-year, $185 million indefinite-delivery/indefinite-quantity contract from NASA to provide safety and mission assurance services at the agency’s Goddard Space Flight Center in Maryland. NASA said Saturday the ordering period under the SMAS II small business set-aside contract will begin from Sept. 1 and run through …

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Lockheed Martin Wins $19.8 Million for Work on F-35 Fighters

Lockheed Martin Corp. ‘s (LMT) business unit, Aeronautics, won a $19.8 million contract modification for work on the F-35 aircraft memory system and panoramic cockpit display. This will help recover diminishing manufacturing sources projected under the 15th Lot production of the F-35 aircraft, reports Nasdaq.com.  Forty percent of the contracted …

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GSA Taps W.M. Jordan to Build New NASA Langley Lab; Dave Bowles Comments

The General Services Administration has awarded W.M. Jordan Co. a $95.6 million contract to build a new research-and-development laboratory at the NASA Langley Research Center in Hampton, Virginia. W.M. Jordan is tasked to complete construction of the Measurement Systems Laboratory by late 2019 as part of Langley’s 20-year revitalization plan, NASA …

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NASA Selects 9 Companies to Support Johnson Space Center’s Flight Operations Directorate

NASA has awarded nine companies indefinite-delivery/indefinite-quantity contracts worth a total of $49.5 million over five years for specialized engineering, aeronautics and manufacturing support services to the Johnson Space Center’s flight operations directorate. The space agency said Friday task orders encompass aerostructural engineering and analysis, aeromechanical systems, aeroavionics, electrical and software, ground support engineering …

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Lockheed Boosts 2016 Earnings, Revenue Outlook

Lockheed Martin (NYSE: LMT) — one of 30 companies listed in Executive Mosaic’s GovCon Index and an S&P 500 stock — lifted its profit and revenue outlooks for 2016 despite a year-over-year decline in first quarter net income due to one-off charges for workforce reductions and other items. The Bethesda, Maryland-based aerospace and …

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