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Tag: Lockheed Martin

Lockheed Books Potential $485M Navigation Pod FMS ContractContract Awards

Lockheed Books Potential $485M Navigation Pod FMS Contract

Lockheed Martin (NYSE: LMT) has secured a potential five-year, $485M contract from the U.S. Air Force to produce navigation pod…
Lockheed Distributes Additional $300M to Help Subcontractors Weather COVID-19 ImpactContract Awards

Lockheed Distributes Additional $300M to Help Subcontractors Weather COVID-19 Impact

Lockheed Martin (NYSE: LMT) has paid an additional $300M to its suppliers one week after accelerating $450M in supply chain payments…
Industry Execs Among Nominated Advisers to National Space CouncilNews

Industry Execs Among Nominated Advisers to National Space Council

Twenty-eight representatives from the government, private and academic sectors have been appointed to serve for a term of up to two years on…
Lockheed Awarded $905M for US, Indian Maritime Helicopter ProductionContract Awards

Lockheed Awarded $905M for US, Indian Maritime Helicopter Production

Lockheed Martin (NYSE: LMT) has secured a $904.8M contract modification to provide MH-60R Seahawk maritime helicopters to the U.S. Navy…
Lockheed-Raytheon Technologies JV Awarded $122M for Army Anti-Tank Guided MunitionsContract Awards

Lockheed-Raytheon Technologies JV Awarded $122M for Army Anti-Tank Guided Munitions

Lockheed Martin (NYSE: LMT) and Raytheon Technologies' (NYSE: RTX) Javelin joint venture will continue to supply man-portable, anti-tank guided munition systems to the U.S. Army…
Air Force Taps Three Companies for ‘SpeedDealer’ 3D Radar Demo ProgramContract Awards

Air Force Taps Three Companies for ‘SpeedDealer’ 3D Radar Demo Program

The U.S. Air Force has selected Northrop Grumman (NYSE: NOC), Lockheed Martin (NYSE: LMT) and Australia-based CEA Technologies to rapidly develop…
Lockheed Reports Accelerated Progress Payments to Defense SuppliersContract Awards

Lockheed Reports Accelerated Progress Payments to Defense Suppliers

Lockheed Martin (NYSE: LMT) has distributed $450M in accelerated contract payments it received from the Department of Defense to the Bethesda, Md.-based…
State Dept Clears Egypt’s $2.3B Request for Apache Helicopter Equipment, Support ServicesNews

State Dept Clears Egypt’s $2.3B Request for Apache Helicopter Equipment, Support Services

The State Department has approved a proposed $2.3B foreign military sale of aircraft engines and weapon systems to support the Egyptian…
Former Lockheed VP Amy Gowder Named Aerojet Rocketdyne COO; Eileen Drake QuotedExecutive Moves

Former Lockheed VP Amy Gowder Named Aerojet Rocketdyne COO; Eileen Drake Quoted

Amy Gowder, a more than two-decade aerospace and technology market veteran, has been appointed chief operating officer of Aerojet Rocketdyne (NYSE:…
Lockheed to Continue MDA THAAD System Support Under $618M Follow-On IDIQContract Awards

Lockheed to Continue MDA THAAD System Support Under $618M Follow-On IDIQ

Lockheed Martin (NYSE: LMT) has secured a five-year, $618M to continue product support for the Missile Defense Agency's Terminal High Altitude Area Defense system…