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Tag Archives: Lockheed Martin

State Department OKs Potential $1.2B MH-60R Helicopter Sale to Mexico

The State Department has approved a potential $1.20 billion foreign military sale of eight MH-60R multimission helicopters, equipment and support services to Mexico. Lockheed Martin‘s (NYSE: LMT) rotary and mission systems business will serve as the principal contractor for the sale meant to help increase Mexico’s threat deterrence and homeland defense capacities, …

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Lockheed Submits Proposal for Follow-On Air Force GPS III Satellites

TYSONS CORNER, VA, April 19, 2018 — Lockheed Martin (NYSE: LMT) has submitted its bid for the U.S. Air Force’s GPS III Follow On program aimed at developing up to 22 next-generation GPS satellites with anti-jamming capabilities, ExecutiveBiz reported Wednesday. The company said Tuesday its proposed GPS III platform includes …

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Raytheon, Navy Test JSOW C Missile on Lockheed’s F-35C Fighter Jet

TYSONS CORNER, VA, April 19, 2018 — Raytheon (NYSE: RTN) has completed developmental tests on the Joint Standoff Weapon C warhead in collaboration with the U.S. Navy and F-35 fighter aircraft manufacturer Lockheed Martin (NYSE: LMT), ExecutiveBiz reported Wednesday. The test looked at the integration of JSOW C, an air-to-ground missile with …

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Lockheed Wins Potential $928M Air Force IDIQ to Design, Build Hypersonic Strike Weapon

Lockheed Martin (NYSE: LMT) has won a potential $928 million contract to design, develop, integrate and test a hypersonic conventional strike weapon that can launch from bomber and fighter aircraft platforms. The Air Force Life Cycle Management received three offers for the indefinite-delivery/indefinite-quantity contract that will also include engineering and logistics planning services, the Defense Department said …

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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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