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Tag Archives: lmt

Jeff Boushell Joins Mission Essential as Capture VP

Jeff Boushell, former director at Science Applications International Corp. (NYSE: SAIC), has joined Herndon, Va.-based Mission Essential as vice president of capture, GovCon Wire has learned. Prior to SAIC, he held senior leadership positions at CSRA’s defense and intelligence group, Altus Consulting, Vulnerability Research Labs, Verizon’s (NYSE: VZ) federal network …

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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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Craig Reed Named Serco Inc. SVP, Chief Growth Officer; Dave Dacquino Quoted

Craig Reed, a 35-year GovCon veteran, has joined Serco Group’s North American subsidiary as a senior vice president and chief growth officer. He will report to Dave Dacquino, chairman and CEO of Serco Inc., and lead business development and corporate strategy efforts such as mergers and acquisitions, market intelligence and …

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Eight Firms to Help Air Force Develop Open Architecture Standards

Eight companies have secured contracts worth $22.5M combined to develop, manage and update a set of Open Architecture standards for the U.S. Air Force. The contractors will work as a single entity to create and offer configuration control for Universal Command and Control Interface and Open Mission systems standards, the …

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Lockheed Gets $462M Contract to Help Sustain Air Force GPS Control Segment

Lockheed Martin (NYSE: LMT) has secured a potential seven-year, $462M contract to sustain the operational control segment of the U.S. Air Force‘s Global Positioning System satellites. The company will also help the military service incorporate GPS Acquisition Category III programs onto the OCX platform, perform non-recurring engineering services and studies, and maintain hardware, software …

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Lockheed Awarded $99M USAF Contract to Boost JASSM, LRASM Missile Production Rates

Lockheed Martin (NYSE: LMT) has received a potential $99.2M contract to purchase tools and equipment needed to maximize the production rate of Joint Air-to-Surface Standoff Missiles and Long Range Anti-Ship Missiles for the U.S. Air Force. Work will take place in Orlando, Fla., through Feb. 28, 2022, the Department of Defense said Wednesday. The Air Force …

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Kenneth Possenriede to Succeed Bruce Tanner as Lockheed EVP, CFO; Marillyn Hewson Quoted

Kenneth Possenriede, a more than 30-year Lockheed Martin (NYSE: LMT) veteran, has been named executive vice president and chief financial officer of the company in a move that will take effect Feb. 11. He will succeed the retiring Bruce Tanner, a 37-year company executive who served as CFO for more …

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McAleese & Associates: GovCon Execs Talk AI, Hypersonics at Reagan Forum

Consulting firm McAleese & Associates has released a report on key takeaways from the two-day Reagan National Defense Forum that kicked off Friday in California. Lockheed Martin (NYSE: LMT) CEO Marillyn Hewson; Raytheon (NYSE: RTN) CEO Thomas Kennedy; Leanne Caret, CEO of Boeing’s (NYSE: BA) defense, space and security business; and Harris (NYSE: …

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Nine Companies Secure Spots on $2.6B NASA Lunar Payload Delivery Support IDIQ

NASA has awarded nine companies positions on a potential 10-year, $2.6B contract to deliver scientific instruments and other payloads to the Moon. Contractors will compete for payload integration, operations and other delivery support services under the Commercial Lunar Payload Services contract, NASA said Friday. The awardees are: Astrobotic Technology Deep Space …

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MDA Taps Lockheed for $240M Simulation Framework Development Contract

Lockheed Martin (NYSE: LMT) has landed a potential five-year, $240M contract to help the Missile Defense Agency develop, apply and sustain a modular objective simulation framework for ballistic missile defense systems. MDA will obligate $1.7M in fiscal 2018 research and development funds to finance initial activities under the contract’s first task …

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