Tag Archives: Lockheed

The U.S. Air Force has awarded Lockheed Martin (NYSE: LMT) two firm-fixed-price contracts worth $842.7 million combined to build more anti-ship and air-to-surface missile systems. Lockheed will produce 137 Long Range Anti-Ship Missiles for the program’s fourth and fifth production lots under a $414.3 million award that also involves foreign military …

Executive Mosaic, the leading provider in connecting, promoting and branding government and government contracting (GovCon) executives of consequence, will proudly present the 2021 Wash100 Award, the most prestigious and prominent award in all of GovCon, to the 100 distinguished executives who have demonstrated excellence in leadership, innovation, reliability, achievement and vision. 

Rick Ambrose, executive vice president of Space for Lockheed Martin, was presented with his 2020 Wash100 Award on Tuesday. Ambrose earned his fifth Wash100 Award for driving the company’s satellite capabilities as well as the nation’s upcoming lunar and space exploration missions. This marks the fifth Wash100 Award win for Ambrose and the fourth consecutive year.

James Taiclet, president and CEO of Lockheed Martin (NYSE: LMT), has said the company has expedited payments to 10K suppliers that include 5.9K U.S. small businesses during the coronavirus pandemic and estimated that accelerated supply chain invoices will reach more than $1B by the end of this year.

The U.S. Air Force has awarded Lockheed Martin (NYSE: LMT) a potential 10-year, $1.40B contract to maintain C-130J Super Hercules transport aircraft to fulfill foreign military sales requirements.

Paul Lemmo, vice president of integrated warfare systems and sensors at Lockheed Martin (NYSE: LMT), has been promoted to president of the aerospace and defense contractor’s Sikorsky subsidiary, Inside Defense reported Wednesday. Lemmo will succeed the retiring Dan Schultz, a 14-year Lockheed veteran, in January.

Lockheed Martin’s (NYSE: LMT) rotary and mission systems business has received a potential $724M contract from the Missile Defense Agency to provide lifecycle engineering and development support for the Aegis ballistic missile defense system.

The U.S. Navy has awarded Lockheed Martin (NYSE: LMT) a potential $194M contract modification to build four MH-60R Seahawk maritime helicopters for Greece under a foreign military sales agreement.

Lockheed Martin (NYSE: LMT) has been awarded a $709.8M contract modification by Naval Air Systems Command to obtain materials needed for the low-rate initial production of additional F-35 jets for U.S. and foreign military sales customers. The modification funds material purchases for lot 15 through lot 17 aircraft of the U.S. Air Force, Navy and Marine Corps as well as FMS and non-Department of Defense participants, DoD said Monday.

Lockheed Martin (NYSE: LMT) has secured a $51.2M contract from the U.S. Space Force to build, test and integrate a missile warning technology into the government's planned common ground command-and-control infrastructure for multiple satellite missions. The company said Wednesday it will develop mission software to support the transition of Geosynchronous Non-Integrated Tactical Warning and Attack Assessment operations to the Enterprise Ground Services system.