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Tag Archives: Marillyn Hewson

Report: UAE, Lockheed Seal $1.6B F-16 Upgrade Deal

Lockheed Martin (NYSE: LMT) has secured a potential $1.6 billion order to perform upgrades to the United Arab Emirates’ F-16 fighter aircraft, The National reported Sunday. The report said UAE’s armed forces entered numerous defense deals with U.S. companies, which include an agreement for Lockheed to modernize 80 F-16s. Lockheed CEO …

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Lockheed Execs Host Mike Pence, Heather Wilson in October Visit to Colorado Campus

TYSONS CORNER, VA, Nov. 7, 2017 — Lockheed Martin (NYSE: LMT) CEO Marillyn Hewson and Space Systems Executive Vice President Rick Ambrose hosted Vice President Mike Pence and U.S. Air Force Secretary Heather Wilson during their visit to a company facility in Colorado in late October, ExecutiveBiz reported Oct. 27. The Denver …

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Executive Mosaic’s Weekly GovCon Round-up: Public-to-Private Sector Executive Moves of the Summer

Weekly Roundup September 4 – September 8 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson As the summer comes to a close, let’s take a quick look at the public-to-private sector executive moves over the past few months. A number of high …

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Stephanie Hill Named Lockheed Corporate Strategy, Business Devt SVP; Marillyn Hewson Comments

Stephanie Hill, vice president and general manager of cyber, ships and advanced technologies at Lockheed Martin (NYSE: LMT), has been named senior VP for corporate strategy and business development at the Bethesda, Maryland-based aerospace and defense contractor in a move that takes effect Sept. 11. Hill will also serve as a …

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US, Saudi Arabia Ink Potential $110B Weapons Sales Package

President Donald Trump and Saudi King Salman bin Abd al-Aziz Al Saud have signed a potential $110 billion package of weapons sales agreements in an effort to advance global security and economic development initiatives between the U.S. and Saudi Arabia. The White House said Saturday Trump also inked a Joint …

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Report: Lockheed Aims to Save $5B on F-35 Program Amid Lot 11 Contract Negotiations

Lockheed Martin (NYSE: LMT) has initiated talks with suppliers to generate $5 billion in cost savings on the F-35 program as the company negotiates a contract to produce the 11th batch of fighter jets, Bloomberg reported Tuesday. Julie Johnsson and Anthony Capaccio write Lockheed CEO Marillyn Hewson, also an inductee into …

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Reports: DoD Seals $8.5B Deal With Lockheed for 90 F-35s

The Defense Department and Lockheed Martin (NYSE: LMT) have finalized an $8.5 billion contract for the manufacturer to supply 90 lot 10 F-35s, an order that is $728 million less than the cost of the previous batch of the fighter jets, Reuters reported Friday. Mike Stone writes the latest F-35 deal lowers the price of …

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Weekly Roundup January 30 – February 3 2017: The 28 CEOs in This Year’s Wash100 & more

Weekly Roundup January 30 – February 3 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Our fourth annual Wash100 list of Government Contracting’s Most Influential Figures hit the presses last week to recognize leaders in the public and private sectors and those …

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January 24 Market Close: GovCon Index Advances With Boeing Lift, Lockheed Drags on Dimmed Guidance & Sikorsky Material Weakness

Executive Mosaic’s GovCon Index traded higher Tuesday on a lift from Boeing (NYSE: BA) and government services stocks as Lockheed Martin (NYSE: LMT) fell after the defense contractor reported material weaknesses related to internal controls for financial statements at its Sikorsky helicopter subsidiary. All three major U.S. stock indices also advanced as the S&P …

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Report: Lockheed, DoD Eye Potential $9B Deal on Next F-35 Batch by End of January

Lockheed Martin (NYSE: LMT) and the Defense Department are still in talks and could finalize by the end of January a new contract worth approximately $9 billion that would reduce the price of the next batch of F-35 fighter jets to under $100 million per aircraft, Reuters reported Thursday. Mike …

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