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Tag Archives: Lockheed Martin

Boeing to Form 4 Smaller Business Units in Defense Segment Revamp

Boeing (NYSE: BA) will divide the network and space systems and military aircraft segments within its defense, space and security business unit into four smaller entities in a move that will take effect July 1. Leanne Caret, CEO of Boeing BDS, said Tuesday the reorganization is part of the company’s efforts to …

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Lockheed Martin Open to Continued Cooperation with Japanese Industry for the F-35 Program

After the successful unveiling of the Mitsubishi Heavy Industries’ first Japanese-assembled F-35A on June 5th,  Lockheed Martin has stated that it is open to further cooperation and expansion with Japanese industry for producing more F-35 Lightning II Joint Strike Fighter aircraft in Japan, IHS Janes reported. MHI constructed the F-35A primarily with …

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Lockheed to Help Air Force Develop Radar Threat System Under Potential $105M Award

Lockheed Martin (NYSE: LMT) has won a potential 10-year, $104.6 million contract to develop and test a production representative article of Advanced Radar Threat System Variant 2 for the U.S. Air Force. The Defense Department said Monday the single-award contract includes an option for the company to produce up to 20 ARTS-V2 units. Lockheed’s missiles …

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Lockheed Develops Space-Themed Curriculum, App to Promote STEM Learning; Rick Ambrose Comments

TYSONS CORNER, VA, June 12, 2017 — Lockheed Martin (NYSE: LMT) has unveiled new space-focused education resources that seek to develop the future workforce through increased student interest in space exploration programs such as NASA‘s mission to Mars, ExecutiveBiz reported Wednesday. The company said Tuesday its new space-centered curriculum and interactive software …

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Jerald Howe to Succeed Vincent Maffeo as Leidos EVP, General Counsel; Roger Krone Comments

Jerald Howe Jr., formerly a partner at law firm Fried, Frank, Harris, Shriver & Jacobson, will join Leidos (NYSE: LDOS) as executive vice president and general counsel. The more than 30-year industry veteran will succeed Vincent Maffeo, who will continue to support Leidos as a consultant after he retires July 15, the company said Thursday. “Jerry …

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Lockheed Martin Partner in Japan Rolls Out 1st Locally Assembled F-35A

TYSONS CORNER, VA, June 7, 2017 — Lockheed Martin (NYSE: LMT) has unveiled the first Japan-assembled F-35A fighter aircraft during a ceremony held at the Mitsubishi Heavy Industries-run F-35 final assembly and check out facility in Nagoya, ExecutiveBiz reported Tuesday. The aircraft is the first of 38 F-35As that will roll …

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State Dept OKs $662M Sale of Lockheed-Built AN/TPQ-53(V) Radars to Saudi Arabia

The State Department has approved a potential $662 million foreign military sale of Lockheed Martin-built (NYSE: LMT) AN/TPQ-53(V) radar platforms and related services to Saudi Arabia. Saudi Arabia requested 26 AN/TPQ-53(V) radars, M931 and M107 projectiles, GPS receiver tools, single channel ground and airborne radio systems, FMTV M1092 medium tactical vehicles and related accessories, the Defense Security Cooperation …

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Lockheed Martin Rolls Out 1st HC-130J for Alaska Air National Guard

TYSONS CORNER, VA, June 5, 2017 — Lockheed Martin (NYSE: LMT) has delivered the first HC-130J Combat King II personnel recovery aircraft built for the U.S. Air National Guard in Alaska in support of the service’s operations in the region, ExecutiveBiz reported Friday. The company said Thursday the aircraft will work to support …

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NNSA Awards Contracts for Nevada National Security Site O&M, Protective Force Services

The Energy Department‘s National Nuclear Security Administration has awarded separate contracts for the operations and maintenance as well as security of the Nevada National Security Site near Las Vegas. A joint venture of Honeywell (NYSE: HON), Jacobs Engineering Group (NYSE: JEC) and Huntington Ingalls Industries‘ (NYSE: HII) Stoller Newport News Nuclear division has …

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