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Tag Archives: Lockheed Martin

Lockheed, MBDA Form JV as Team Negotiates German Missile Defense System Contract

TYSONS CORNER, VA, March 9, 2018 — Lockheed Martin (NYSE: LMT) has created a joint venture with MBDA as part of efforts to negotiate a contract with Germany’s military procurement office to build the country’s future integrated air and missile defense system, ExecutiveBiz reported Thursday. MBDA said Thursday the TLVS joint …

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Northrop Vet Tom Vice Named Aerion President, COO

Tom Vice, formerly president of aerospace systems sector at Northrop Grumman (NYSE: NOC), has joined Reno, Nevada-based Aerion Supersonic as president and chief operating officer. Vice will report to Brian Barents, Aerion chairman and CEO, and oversee the development, certification and delivery of the firm’s AS2 supersonic aircraft, the company …

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Gary Wentz to Lead ULA Government, Commercial Programs in VP Role

Gary Wentz, formerly vice president of human and commercial systems at United Launch Alliance, has been appointed VP of government and commercial programs. He will oversee ULA’s efforts to help customers manage programs and missions, integrate hardware and launch space missions in his new position, the Boeing (NYSE: BA)-Lockheed Martin (NYSE: LMT) …

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Navy Awards Lockheed $481M Contract to Fund Saudi Arabia Surface Combatant Ship Materials

Lockheed Martin (NYSE: LMT) has received a $481.2 million contract from the U.S. Navy to obtain long-lead-item materials the company will need to build four multimission surface combatant ships for Saudi Arabia. MMSC is designed to support littoral and open-ocean missions, the Defense Department said Monday. The Naval Sea Systems Command …

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Lockheed to Supply Vertical Missile Launch System for BAE-Built Type 26 Ships

TYSONS CORNER, VA, March 5, 2018 — Lockheed Martin (NYSE: LMT) will provide its MK 41 vertical launching system for the Type 26 Global Combat Ship that BAE Systems is building for the U.K. navy, ExecutiveBiz reported Friday. The system will serve to launch anti-air, anti-submarine, surface-to-surface and strike-length missiles from the vessels, …

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Space Industry Vet Jeffrey Harris Joins Peraton Advisory Board; Stu Shea Comments

Jeffrey Harris, a more than 40-year space industry veteran and chairman of D-Wave Systems‘ government arm, has joined the advisory board at Peraton. He will join other government and industry technology veterans on the board that provides advice on Peraton’s strategic direction, the company said Monday. “I’ve had the pleasure of …

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Lockheed Gets $149M Navy Contract Modification for F-35 Logistics Services

Lockheed Martin‘s (NYSE: LMT) aeronautics business has received a $148.7 million U.S. Navy contract modification to provide recurring logistics support for F-35 Lightning II aircraft. The Defense Department said Wednesday the services will applied to F-35 units that have been delivered to the Navy, Air Force and Marine Corps, as well as non-DoD and foreign military …

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Lockheed Gets $158M Navy Order for F-35 Air System Modification, Retrofit Support

Lockheed Martin (NYSE: LMT) has received a one-year, $158.3 million delivery order from the U.S. Navy to help modify and retrofit air systems for domestic and international F-35 jets. The Defense Department said Tuesday the company’s aeronautics business will provide program management, recurring and non-recurring engineering, site support and touch labor services through the cost-plus-fixed-fee order. …

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Cubic, Lockheed Units Selected for Navy Effort to Study Combined Arms Concepts

TYSONS CORNER, VA, Feb. 27, 2018 — Cubic (NYSE: CUB) and Lockheed Martin (NYSE: LMT) businesses have secured contracts from the U.S. Navy for the development of quantitative assessment methods for urban-based combined arms concepts, ExecutiveBiz reported Monday. The Defense Department said Friday Cubic’s defense applications unit and Lockheed’s rotary and mission …

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Boeing, Lockheed Among ‘Eligible’ Bidders for Canadian Fighter Jet Replacement Program

Canada has named five aerospace companies that have been asked to participate in a potential $15 billion competition to produce 88 new fighter planes, Defense News reported Friday. Boeing (NYSE: BA), Lockheed Martin (NYSE: LMT), Airbus, Dassault and Saab have been included in a list of approved suppliers that will …

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