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Tag Archives: Lockheed Martin

Report: Nelson Pedreiro Appointed to Lead Lockheed’s Space Research Org

Nelson Pedreiro, formerly chief engineer for strategic and missile defense systems at Lockheed Martin‘s (NYSE: LMT) space systems business, has been named head of the company’s Palo Alto, California-based advanced technology center, SpaceNews reported Wednesday. He will succeed Scott Fouse in the role and lead approximately 600 technicians and scientists …

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Lockheed-Led Team Christens Navy’s Future USS Indianapolis LCS

TYSONS CORNER, VA, April 17, 2018 — An industry team led by Lockheed Martin (NYSE: LMT) has hosted the christening ceremony for the U.S. Navy’s 17th Littoral Combat Ship at a shipyard in Marinette, Wisconsin, ExecutiveBiz reported Monday. The company said Saturday the future USS Indianapolis ship will continue to undergo …

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Lockheed CEO Marillyn Hewson Earns Edison Award for Industry Contributions

TYSONS CORNER, VA, April 13, 2018 — Marillyn Hewson, chairman, president and CEO of Lockheed Martin (NYSE: LMT), has received the 2018 Edison Achievement Award for her contributions to the technology field through her professional career, achievements and leadership, GovCon Executive reported Thursday. Lockheed said Thursday the Edison Awards Steering …

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Three industry partners to help Lockheed on Navy’s MQ-25 tanker drone offering

TYSONS CORNER, VA, April 11, 2018 — Lockheed Martin (NYSE: LMT) has announced that General Electric (NYSE: GE), United Technologies Corp. (NYSE: UTX) and Triumph Aerostructures will help on its proposed offering for the U.S. Navy’s MQ-25 carrier-based aerial tanker drone program, ExecutiveBiz reported Tuesday. GE and United Technologies will respectively provide …

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Saudi Arabia’s defense minister visits Lockheed’s Silicon Valley facility; Marillyn Hewson comments

TYSONS CORNER, VA, April 10, 2018 — Saudi Arabia’s Defense Minister Crown Prince Mohammed bin Salman has toured Lockheed Martin’s (NYSE: LMT) Sunnyvale, California, facility that houses the company’s satellite programs and missile defense technology, ExecutiveBiz reported Monday. Lockheed said Friday the visit included a walk-through of a test facility …

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Orbital ATK Tests Rocket Motor for Orion Spacecraft’s Launch Abort System

TYSONS CORNER, VA, April 6, 2018 — Orbital ATK (NYSE: OA) has tested the SR 118 rocket motor technology in preparation for the Ascent Abort 2 Flight Test, which seeks to assess a system designed to keep astronauts safe if a problem occurs during spacecraft ascent, ExecutiveBiz reported Thursday. The …

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Lockheed Lands $117M Award for Dutch Apache Laser Rangefinder Tech

Lockheed Martin (NYSE: LMT) has received a $116.9 million U.S. Army contract modification to provide Modernized Laser Range Finder Designators for integration into the Dutch military’s AH-64 Apache helicopter. The company will perform work at its Orlando, Florida, facility through Aug. 31, 2020, the Defense Department said Thursday. The Army obligated the modification’s full value at the …

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State Dept Clears Potential $2.91B F-16 Aircraft Sale to Slovakia

The State Department has approved Slovakia’s request to buy 14 F-16 Block 70/72 V configuration aircraft and related equipment and services from the U.S. government through a potential $2.91 billion foreign military sales agreement. Lockheed Martin (NYSE: LMT) will act as the prime contractor in the proposed deal in support of Slovakia’s …

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Lockheed Gets $247M NASA Supersonic X-Plane Development Contract

Lockheed Martin (NYSE: LMT) has received a potential $247.5 million contract to design, build and test a supersonic aircraft for NASA. NASA said Tuesday the cost-plus-incentive-fee contract calls for the development of a Low-Boom Flight Demonstration aircraft, dubbed X-plane, designed to travel at a speed of about 940 miles per hour at …

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Lockheed Secures $211M Navy Contract for F-35 Common System Pre-Modernization Efforts

Lockheed Martin (NYSE: LMT) has secured a $211.3 million contract from the U.S. Navy to conduct pre-modernization work on F-35 Block 4.1 common systems. Efforts under the contract will be part of the F-35 preliminary design review for the U.S. Air Force and international partners, the Defense Department said Monday. The Naval Air …

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