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Tag Archives: Lockheed Martin

Lockheed to Supply Arleigh Burke-Class Ship Machinery Control Equipment Under $194M Contract

Lockheed Martin (NYSE: LMT) has received a potential $194.3 million contract to provide consoles and cabinets for the machinery control system of the U.S. Navy‘s Arleigh Burke-class guided missile destroyers. DDG 51 MCS is designed to monitor and manage the ship’s auxiliary, damage control, electrical and propulsion systems, the Defense Department said Tuesday. …

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L3 President, CEO Christopher Kubasik Succeeds Michael Strianese as Board Chairman

Christopher Kubasik, president and CEO of L3 Technologies (NYSE: LLL), has succeeded Michael Strianese as chairman of the New York City-based defense contractor’s board of directors. Kubasik said in a statement released Monday he will continue to work with L3’s board and management team to implement business transformation and growth efforts. He …

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Air Force Selects Lockheed, Northrop to Support Next-Gen Missile Warning Satellite Program

The U.S. Air Force intends to award Lockheed Martin (NYSE: NOC) and Northrop Grumman (NYSE: NOC) separate contracts to help the service branch define requirements for its future missile warning satellite constellation. Both companies will support the Next-Generation Overhead Persistent Infrared program that aims to build a constellation of satellites …

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Lockheed to Produce Additional THAAD Interceptors Under $145M MDA Contract Modification

Lockheed Martin‘s (NYSE: LMT) missiles and fire control business has received a $145.3 million contract modification from the Missile Defense Agency to manufacture additional  Terminal High Altitude Area Defense systems. The modification increases the contract’s potential value to $1.4 billion and covers the production of lot 10 THAAD interceptors, one-shot devices …

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Lockheed Martin Ships Final 2 Japan-Based USAF Super Hercules Cargo Planes

TYSONS CORNER, VA, May 3, 2018 — Lockheed Martin (NYSE: LMT) has delivered the final two C-130J-30 Super Hercules military transport aircraft that will be based at the U.S. Air Force‘s Yokota Air Base in Japan in support of several regional operations, ExecutiveBiz reported Wednesday. The company said Tuesday the 36th Airlift Squadron at …

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Lockheed Martin Unveils New Florida Facility for F-35 Parts Production

TYSONS CORNER, VA, May 2, 2018 — Lockheed Martin (NYSE: LMT) has unveiled a new facility in Pinellas Park, Florida, that will house production of canopies and bulkheads for F-35 fighter aircraft, ExecutiveBiz reported Tuesday. The company said Monday the facility adds 65,500 square feet of manufacturing and office space …

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Lockheed-Led Team Lands $1.4B F-35 Sustainment Support Contract

A Lockheed Martin-led (NYSE: LMT) industry team has received a potential $1.4 billion contract to provide sustainment support for F-35 fighter jets worldwide. The contract awarded by the F-35 joint program office also covers Automatic Logistics Information System support, predictive health management and data analytics; supply chain logistics; air system maintenance; …

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Report: Greece Greenlights $1.45B F-16 Aircraft Modernization

Greece’s government council for foreign affairs and defense has approved a plan to buy F-16 aircraft upgrade services from the U.S. through a potential $1.45 billion contract, Reuters reported Saturday. Reuters cites a defense ministry official that says 82 Greek fighter jets will undergo refurbishment within the country and three …

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Lockheed Receives $829M Army FMS Contract for Multiple Launch Rocket Systems

Lockheed Martin (NYSE: LMT) has secured a potential $828.7 million contract from the U.S. Army to produce Guided Multiple Launch Rocket Systems for Finland, South Korea and Romania. The Defense Department said Friday. the full obligated amount at the time of award is from the Army’s fiscal 2016, 2017 and 2018 “other” procurement and foreign …

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Executive Mosaic’s Weekly GovCon Round-Up: Executive Moves, Top 10 Stories & Wash100’s Last Days to Vote

The Week’s Top GovCon News Stories View this email in your browser Weekly Roundup April 23 – April 27, 2018 Click here to see Real-Time GovCon Sector Quotes Executive Mosaic’s Weekly GovCon Round-Up: Executive Moves, Top 10 Stories & Wash100’s Last Days to Vote Jim Garrettson, Executive Mosaic CEO Executive Moves This …

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