Tag Archives: Lockheed Martin

Lockheed Named Largest Contract Recipient in DOD’s Fiscal 2019 State-Level Spending Report

FY 2019 defense spending by state report

A state-by-state analysis of Department of Defense spending showed Lockheed Martin (NYSE: LMT), Boeing (NYSE: BA) and Northrop Grumman (NYSE: NOC) took the first three spots on a list of top 10 contract awardees during fiscal year 2019. The list also includes General Dynamics (NYSE: GD), BAE Systems, Huntington Ingalls Industries (NYSE: HII), Humana (NYSE: HUM), L3 Technologies, which now operates as L3Harris Technologies (NYSE: LHX) after it merged with Harris, Raytheon and United Technologies Corp. Raytheon and UTC merged in April 2020 and the combined entity now runs as Raytheon Technologies (NYSE: RTX).

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R. Clark Cooper: Potential $23B Deal With UAE for F-35 Jets, Other Weapons Could Be Signed Before Jan. 20

F-35A

R. Clarke Cooper, assistant secretary of state for political-military affairs, said the U.S. government is expected to sign a potential $23.37B deal for the sale of Lockheed Martin-built (NYSE: LMT) F-35 fighter jets, drones and other weapons systems to the United Arab Emirates before the Trump administration ends, Defense News reported Friday.

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Lockheed Vet Sean Daily Appointed Cobham Advanced Electronic Solutions CFO

Sean Daily Chief Financial Officer CAES

Sean Daily, former vice president of finance and business operations at Lockheed Martin's (LMT: NYSE) space segment, has joined Cobham Advanced Electronic Solutions as chief financial officer. CAES said Monday that Daily will also join the board of directors of the Arlington, Virginia-based aerospace and defense electronics provider.

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Lockheed Announces Passing of 34-Year Company Veteran Michele Evans

Michele Evans

Michele Evans, most recently executive vice president of Lockheed Martin's (NYSE: LMT) aeronautics business area, passed away Friday at the age of 55. “Throughout her career, Michele led some of the most important programs that ensure the security of our nation and its allies and help make our world a safer place,” Lockheed President and CEO James Taiclet said in a statement Saturday.

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