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Tag Archives: Lockheed Martin

Sikorsky Awarded $1.13B to Produce Additional CH-53K Helicopters for US Marine Corps

Lockheed Martin‘s (NYSE: LMT) Sikorsky subsidiary will build and deliver a total of 12 CH-53K King Stallion helicopters to the U.S. Navy under a $1.13B contract modification. This award is for low-rate initial production lots 2 and 3 including logistics support and aircraft system spares, the Department of Defense said …

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BAE US COO Tom Arseneault Adds President Role; Jerry DeMuro Quoted

Tom Arseneault, chief operating officer of BAE Systems’ U.S. arm, has assumed additional duties as president of the subsidiary. He was also named to the board of directors of BAE Systems Inc. and will assume functional leadership responsibilities, the company said Thursday. “Tom has a proven track record leading complex …

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Red Hat Helps Lockheed Adopt Open Source, Agile to Update F-22 Aircraft; Paul Smith Quoted

TYSONS CORNER, VA, May 16, 2019 — Red Hat (NYSE: RHT) collaborated with Lockheed Martin (NYSE: LMT) to utilize open source architecture, DevSecOps practices and an Agile methodology for the development and deployment of updates for the U.S. Air Force’s F-22 Raptor fleet, ExecutiveBiz reported May 7. The open source …

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Dynetics-Led Team to Build Army Laser Weapon Demonstrator Under $130M Contract

The U.S. Army has awarded a Dynetics-led industry team a potential $130M contract to build and demonstrate a 100-kilowatt-class laser weapons system. Dynetics said Wednesday its partners for the High Energy Laser Tactical Vehicle Demonstrator program are Lockheed Martin (NYSE: LMT), Rolls-Royce and MZA Associates. “High energy laser weapons have been …

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Dean Acosta to Rejoin Lockheed as Comms SVP; Marillyn Hewson Quoted

Dean Acosta, a corporate communications veteran in the aerospace and defense sectors, has been named senior vice president of communications at Lockheed Martin (NYSE: LMT) in a move that takes effect May 20. “His expertise and experience will help us communicate how our company works every day to protect lives, …

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ULA to Support NRO Launch Mission Two Under $149M Contract Modification

United Launch Alliance has received a $149.4M contract modification to manufacture a Delta IV heavy-lift rocket variant for the U.S. Air Force’s National Security Space Launch program. The modification increases the total value of a previously awarded contract to $449.8M and tasks the Boeing (NYSE: BA)-Lockheed Martin (NYSE: LMT) joint …

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Rocky Thurston Named Perspecta SVP

Rocky Thurston, a more than 20-year government information technology industry veteran, has joined Perspecta (NYSE: PRSP) as a senior vice president, G2Xchange ETC reported Tuesday. He brings to the role years of experience supporting the departments of Homeland Security and Transportation and other federal civilian agencies in their IT modernization …

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Lockheed Preps F-16 Block 70 Production at New Plant in Greenville, SC; Michele Evans Quoted

TYSONS CORNER, VA, May 6, 2019 — Lockheed Martin (NYSE: LMT) established a new production line for the F-16 Fighting Falcon aircraft last month in South Carolina as it seeks to use the refurbished hangar as manufacturing base for the F-16 Block 70 later in the year, ExecutiveBiz reported April …

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Seth Moore Becomes CEO of T-Rex Solutions; Trevor Wilby Quoted

T-Rex Solutions has promoted Seth Moore, former chief operating officer, to be the new chief executive officer of the company, T-Rex Solutions announced on Tuesday. Moore will be responsible for all day-to-day operations and the implementation of the company’s strategy. The executive move will become effective on May 1, 2019 …

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Robert Lightfoot to Join Lockheed’s Space Business as Strategy, BD VP; Rick Ambrose Quoted

Robert Lightfoot, former acting administrator of NASA, has been appointed vice president of strategy and business development at Lockheed Martin’s (NYSE: LMT) space segment in a move that will take effect May 6. He will oversee new business strategy, technology concepts and strategic planning activities for the space business area, …

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