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Tag Archives: Lockheed Martin

Lockheed Martin Marks 400th Delivery of C-130J Transport Aircraft

TYSONS CORNER, VA, Feb. 14, 2018 — Lockheed Martin (NYSE: LMT) has completed 400 deliveries of its C-130J Super Hercules aircraft, with the latest sent to the U.S. Air Force for deployment with the Air Force Special Operations Command, ExecutiveBiz reported Tuesday. The company said Monday the military transport plane sent to …

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Air Force Begins GPS III Phase 2 Production Contract Solicitation

The U.S. Air Force has issued a request for proposals for the second phase of a program that seeks to procure 22 GPS III satellites. A FedBizOpps notice posted Tuesday says the service will award a fixed-price-incentive contract to build the GPS III space vehicles and expects production work to …

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Sikorsky Awarded $126M for Lot 3 King Stallion Helicopter Long Lead Items

Lockheed Martin‘s (NYSE: LMT) Sikorsky subsidiary has received a $126.5 million contract modification from the U.S. Navy to obtain long lead materials for the low-rate initial production of seven CH-53K King Stallion helicopters. Sikorsky will procure the items needed to manufacture the third batch of CH-53K aircraft through the modified contract, the Defense Department said …

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Lockheed’s Airborne Surveillance Tech Reaches Final Operational Capability With Finland’s Military

TYSONS CORNER, VA, Feb. 13, 2018 — Lockheed Martin‘s (NYSE: LMT) Dragon Shield airborne surveillance platform has secured final operational capability with Finland’s defense forces after a flight test using a modified aircraft to carry the system, ExecutiveBiz reported Monday. The company said Friday the trial assessed Dragon Shield’s airworthiness and …

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Bill Clark Named Interim CEO of Boeing’s Insitu Subsidiary

Bill Clark, chief operating officer of Boeing‘s (NYSE: BA) Insitu subsidiary, has been appointed as interim CEO of the unmanned aircraft system maker, Hood River News reported Tuesday. The report said Clark succeeds Ryan Hartman, who stepped down as Insitu CEO on Feb. 1 due to “personal reasons.” As COO, Clark …

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Lockheed Teams With Rheinmetall in Bid for Germany’s Helicopter Replacement Effort

TYSONS CORNER, VA, Feb. 7, 2018 — Lockheed Martin (NYSE: LMT) has entered into a partnership with Germany’s Rheinmetall to offer the Sikorsky-built CH-53K King Stallion helicopter in the team’s bid for a potential $4.9 billion helicopter procurement contract with the German military, ExecutiveBiz reported Tuesday. Reuters reported Tuesday a request for information is …

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Lockheed Gets $524M US, Intl Patriot Missile Contract Modification

Lockheed Martin (NYSE: LMT) has received a three-year, $523.8 million contract modification for the supply of updated Patriot missiles to the U.S. Army as well as Qatar, Saudi Arabia and Romania. The company will provide Patriot Advanced Capability-3 enhancement and cost reduction initiative missiles along with complementary support equipment through the modified domestic and …

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Lockheed Gets $120M Delivery Order Modification for Initial F-35 Air Vehicle Spares

Lockheed Martin (NYSE: LMT) has received a $119.7 million delivery order modification from the U.S. Navy to provide initial air vehicle deployment spares packages for the F-35 program. The Defense Department said Monday Lockheed’s aeronautics business will deliver the spares in support of the U.S. Air Force‘s F-35 delivery schedules. DoD noted firm-fixed-price order …

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Lockheed Martin’s F-35 to Get AFRL-Built Automatic Anti-Collision System

TYSONS CORNER, VA, Feb. 5, 2018 — Lockheed Martin‘s (NYSE: LMT) F-35 fighter aircraft is set to receive an anti-collision system currently installed on F-16s through a partnership with the Air Force Research Laboratory and the F-35 Joint Program Office, ExecutiveBiz reported Friday. The F-35 JPO said the AFRL-developed Automatic Ground Collision …

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Karen Shields Named Serco Inc. Health Services Business Unit VP; Dave Dacquino Comments

Karen Shields, formerly vice president of health sector at Serco Inc., has been promoted to VP of health services business unit at the British contractor’s North American arm. Shields will directly report to Chairman and CEO Dave Dacquino and oversee the development and operations of the company’s business with the Department …

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