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Tag Archives: Lockheed Martin

Lockheed Martin Eyes Belgium, Spain & Switzerland as Potential F-35 Buyers

TYSONS CORNER, VA, March 7, 2017 — Lockheed Martin (NYSE: LMT) is in talks with Belgium, Spain and Switzerland for the countries’ potential purchase of F-35 fighter aircraft, ExecutiveBiz reported Monday. Defense World reported Friday Jeff Babione, executive vice president and general manager of Lockheed’s F-35 program, told reporters at the Avalon …

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Australia’s Jindalee Radar Update Program Lands Bids From BAE, Lockheed

TYSONS CORNER, VA, March 7, 2017 — The latest phase of the Australian air force’s potential multimillion-dollar program for the modernization of its over-the-horizon radar system has received bids from BAE Systems and Lockheed Martin (NYSE: LMT), ExecutiveBiz reported Monday. Aviation Week reported Thursday phase 6 of the Jindalee Operational Radar Network update effort …

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NASA Selects ULA-Built Atlas V Rocket to Launch JPSS-2 in 2021

United Launch Alliance, a joint venture of Boeing (NYSE: BA) and Lockheed Martin (NYSE: LMT), has won a contract to help NASA launch a polar-orbiting environmental weather satellite for the National Oceanic and Atmospheric Administration. NASA said Saturday the Joint Polar Satellite System-2 will launch aboard a ULA-built Atlas V 401 rocket from Vandenberg Air Force Base in California sometime in …

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Lockheed Wins Potential $750M DLA Contract for Flight Line Spare Parts

The Defense Logistics Agency has awarded Lockheed Martin (NYSE: LMT) a potential 10-year, $750 million contract to supply the U.S. Air Force with flight line spare parts. The Defense Department said Friday Lockheed won the contract, which contains a five-year base period plus three-year and two-year option periods, via a competitive acquisition that received three …

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Lockheed to Update Navy Shipboard Sensors Under $100M Contract Modification

Lockheed Martin‘s (NYSE: LMT) rotary and mission systems business has secured a $100.4 million contract modification to update the U.S. Navy‘s shipboard sensor processing systems under the Technical Insertion-16 Acoustic – Rapid-Commercial-Off-The-Shelf Insertion program. The Defense Department said Friday the program seeks to accelerate the procurement of commercial off-the-shelf hardware and software to build …

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Lockheed Martin Space Systems EVP Rick Ambrose Elected to 2017 Wash100 for Strategic Partnering Leadership

Executive Mosaic, Tysons Corner, VA  March 1, 2017 — Rick Ambrose, executive vice president of Lockheed Martin’s space systems segment, has been inducted into Executive Mosaic’s 2017 Wash100 for his effective partnering and investment leadership. The Wash100 is the premier group of private and public sector executives selected by Executive Mosaic’s organizational and editorial …

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Lockheed-Built F-35 to Support Future Ops Against Islamic State Group

TYSONS CORNER, VA, March 1, 2017 — Air Combat Command Chief Gen. Hawk Carlisle has said the Lockheed Martin-built (NYSE: LMT) F-35 fighter jet will be deployed within the next few years to support operations against the Islamic State militant group, Executive Gov reported Tuesday. Military.com reported Friday that Carlisle noted the aircraft …

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Lockheed Gets $1.1B Contract for F-35 Logistics, Sustainment Services to US, Foreign Military Clients

Lockheed Martin (NYSE: LMT) has received a $1.06 billion contract to sustain and provide recurring logistics support for F-35 aircraft of the U.S. Navy, Marine Corps, Air Force, non-Defense Department participants and foreign military sales customers. DoD said Tuesday that Lockheed will conduct sustainment efforts such as ground maintenance, depot activation, automatic logistics information system, …

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Technica Appoints Lisa Trombley as COO, Brian Fogg as Chief Innovation Officer

Technica has appointed Lisa Trombley, former director of U.S. Air Force information technology programs at Lockheed Martin (NYSE: LMT), as chief operating officer. She will oversee Technica’s government programs and talent development efforts in her new position, the company said Tuesday. Trombley held responsibility for the development and implementation of IT platforms for customers in the federal …

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February 27 Market Close: GovCon Index Hits Record Close on Trump Military Budget Proposal

Executive Mosaic’s GovCon Index closed at an all-time record high Monday with large aerospace-and-defense primes the main contributors to gains after President Donald Trump unveiled his proposal to raise military spending 9 percent for the next federal fiscal year. U.S. stocks also posted small gains as the benchmark S&P 500 composite …

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