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Govini Tracks Pentagon’s Use of OTAs, SBIR Contracts; Tara Murphy Dougherty Quoted

Govini analyzed the Department of Defense’s use of other transaction authorities and Small Business Innovation Research contracts between fiscal year 2015 and FY 2019 and found that the two contracting methods accounted for 10 percent, or $9.6B, of DoD’s spending on research, development, test and evaluation operations in 2019, Defense News reported Wednesday.

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Aerospace Defense Firms Launch Measures to Avoid COVID-19 Spread; Ellen Lord Quoted

Boeing (NYSE: BA), Textron’s (NYSE: TXT) Bell subsidiary and other aerospace defense manufacturers have increased cleaning efforts and implemented telework capabilities, social distancing and other measures to prevent the spread of the coronavirus and maintain operations, FlightGlobal reported Friday. Other companies that have initiated similar efforts are Lockheed Martin (NYSE: LMT), Northrop Grumman (NYSE: NOC), Sikorsky and AeroVironment.

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Report: Lockheed Advances in Army’s Precision Strike Missile Competition

Lockheed Martin (NYSE: LMT) emerged as the final contender for the U.S. Army’s Precision Strike Missile prototyping competition, Jane’s 360 reported Tuesday. The PrSM program seeks to develop a precision-strike, surface-to-surface guided missile to replace the Army Tactical Missile System and that can be fired from the M142 High Mobility Artillery Rocket System and M270A1 Multiple Launch Rocket System to neutralize targets at ranges of up to 499 kilometers.

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Lockheed to Sustain Navy LCS Combat Mgmt System Under Potential $790M Contract

Lockheed Martin (NYSE: LMT) has received a potential $789.6M contract from the U.S. Navy to provide sustainment and maintenance support for the combat management system of the service’s littoral combat ships. The sole-source contract for the Littoral Combat Ship Component Based Total Ship System – 21st Century program has a base amount worth $98.6M, the Department of Defense said Friday.

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James Taiclet to Succeed Marillyn Hewson as Lockheed President, CEO

James Taiclet, a board member at Lockheed Martin (NYSE: LMT), has been elected by the board of directors to succeed Marillyn Hewson as president and CEO, effective June 15. Hewson, who has served as president and CEO since 2013 and a 2020 Wash100 award winner, will transition to the role of executive chairman of the board by mid-June, Lockheed said Monday.

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Boeing, Lockheed Get $431M in Space Force Contracts for Satcom Payload Development

The Space Force has awarded a $240M contract to Lockheed Martin (NYSE: LMT) and a $191M contract to Boeing (NYSE: BA) to develop payloads to help the service branch secure military satellite communications. The two companies will help the new service branch develop Protected Tactical Satcom payloads for a family-of-systems architecture designed to provide anti-jam, beyond line-of-sight communications to tactical warfighters, the U.S. Air Force said Tuesday.

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