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Tag Archives: Lockheed Martin

Lockheed Martin Sails to Navy Work

According to the Department of Defense, “Lockheed Martin (NYSE: LMT) is being awarded a $64, 403, 268 not-to-exceed modification to a previously awarded indefinite-delivery/indefinite-quantity multiple award contract (N00019-05-D-0013) for continued airframe sustainment support necessary for the performance of phase depot maintenance, special structural inspections, special structural inspection kits and installations, …

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Lockheed’s Savi Names William Clark CEO

Lockheed Martin (NYSE: LMT) subsidiary Savi Technology has named William Clark president and CEO. Clark joined the firm last year as senior vice president and chief marketing officer. “Bill Clark is a leader with the experience and acumen to transform organizations and the conviction to make the hard decisions necessary …

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Lockheed Off to “Solid Financial Start” in 2011

Lockheed Martin (NYSE: LMT) announced fiscal figures for the first quarter 2011, with net sales of $10.6 billion, compared to $10.3 billion in 2010 and earnings from continuing operations of $548 million, or $1.55 per diluted share, compared to $519 million, or $1.38 per diluted share in 2010. “We had …

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Lockheed Grabs $500 Million Modification

According to the Department of Defense, “Lockheed Martin (NYSE: LMT) was issued a modification exercising the second option year on the current contract SPM540-06-D-BP01/P00184.  Award is a fixed-price with economic price adjustment, industrial product-support vendor contract with a maximum $500, 000, 000 providing broad supply chain management and logistical support …

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URS Teams with Lockheed, InDyne to Pursue LISC Deal

URS (NYSE: URS), Lockheed Martin (NYSE: LMT) and InDyne have announced they are teaming to purse the Launch & Test Range System Integrated Support Contract (LISC). “Our talented team has demonstrated a high level of leadership, and proven dedication to the Air Force’s vision for its ranges, ” said John …

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Lockheed Names Michael Feeley VP, GM of MS2, San Diego Business

Lockheed Martin named Michael Feeley to the post of vice president and general manager of the firm’s Mission Systems and Sensors business in San Diego. “Mike has been instrumental in furthering our company’s leading position in the open architecture computing domain and in extending this innovative business model across multiple …

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Lockheed Martin Claims Air Force Work

According to the Department of Defense, “Lockheed Martin (NYSE: LMT) is being awarded a $22, 753, 782 cost-plus-fixed-fee contract for the conversion, production, test and delivery of subassemblies to retrofit five low frequency instrument consoles and upgrade number three.  At this time, $22, 753, 782 has been obligated.  Work will …

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Lockheed Pens Defense Deal

According to the Department of Defense, “Lockheed Martin (NYSE: LMT) is being awarded a $23, 827, 559 firm-fixed-price order against a previously issued basic ordering agreement (N00019-09-G-0014) for the procurement of 76 acoustic processor and receiver tech refresh retrofit kits for the AN/USQ-78(V) acoustic processor for P-3C Update III Program.  …

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Lockheed Pens Iridium NEXT Subcontract; Matt Desch Comments

Thales Alenia Space awarded a contract to Lockheed Martin (NYSE: LMT) to oversee payload application software for the Iridium NEXT satellites. Thales Alenia Space is the prime contractor for Iridium NEXT, the next-generation satellite constellation being designed, built and launched for Iridium (NASDAQ: IRDM). Iridium NEXT, the replacement for the …

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