Tag Archives: lmt

AWS Launches Aerospace and Satellite Solutions Business Segment; Lockheed’s Rick Ambrose Quoted

Rick Ambrose EVP Lockheed Martin

Amazon Web Services has unveiled a new business segment that will focus on bringing AWS platforms and services to the space market. Clint Crosier, a retired U.S. Air Force major general and former director of space force planning at the U.S. Space Force, will lead the company’s Aerospace and Satellite Solutions business segment.

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James Taiclet: Lockheed’s Accelerated DoD Progress Payments to Suppliers Hit $1.1B

James Taiclet President and CEO Lockheed Martin

James Taiclet, president and CEO of Lockheed Martin (NYSE: LMT), said the company has accelerated more than $1.1B in progress payments it has received from the Department of Defense to its suppliers to support the defense industrial base and national security efforts during the COVID-19 pandemic.

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Lockheed’s Matt Tarascio, Chris Benson: Secure, Unbiased Datasets Key to Establishing Public Trust in AI

Matt Tarascio

Matt Tarascio and Chris Benson of Lockheed Martin (NYSE: LMT) said agencies should begin with having unbiased, secure datasets in order to build up the public’s trust in artificial intelligence applications and comply with legal requirements.

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Lockheed Announces Alternate Work Schedule for F-35 Production Staff; Michele Evans Quoted

Michele Evans

Lockheed Martin (NYSE: LMT) has agreed with the International Association of Machinists and Aerospace Workers to implement an alternate work schedule to continue to staff the F-35 production line in Fort Worth, Texas, in response to supplier delays due to the coronavirus pandemic.

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