Ken Possenriede, chief financial officer of Lockheed Martin (NYSE: LMT), has said the company forecasts $5B worth of programs within the next couple years to produce hypersonic technology platforms, Inside Defense reported Thursday.

The U.S. Air Force has awarded Lockheed Martin (NYSE: LMT) a $988.8M modification to definitize a previous contract action for the development of a hypersonic weapon prototype. The company will support the service branch in critical design review, test and manufacturing readiness efforts under the Air-Launched Rapid Response Weapon program, the Department of Defense said Monday.

Lockheed Martin (NYSE: LMT) will continue to provide updated air-to-ground missiles to the U.S. Army under a three-year, $134.7M contract modification.

Lockheed Martin (NYSE: LMT) has secured an $831M contract modification from the U.S. Navy to deliver F-35 aircraft with conventional takeoff-and-landing capability and related red gear to the Australian government.

Lockheed Martin (NYSE: LMT) has secured a two-year, $93M contract to create a national cyber range to support the Department of Defense Cyber Mission Force’s training, mission rehearsal and certification functions.

Lockheed Martin (NYSE: LMT) will supply the U.S. Navy and the government of Kuwait with systems designed to help aircraft maintainers test avionic components under a three-year, $92.2M contract modification.

TYSONS CORNER, VA, November 19, 2019 — Lockheed Martin (NYSE: LMT) chose an Expanse-built security monitoring platform to help increase visibility into the former’s network of defense suppliers, ExecutiveBiz reported Nov. 6.

Kent Lietzau, former vice president of strategy and business development at United Launch Alliance, has joined SEAKR Engineering as head of business development. He will oversee growth efforts across the space electronics manufacturing company's government, civil and commercial businesses, SEAKR said Friday.

Lockheed Martin (NYSE: LMT) has received a potential 10-year, $3.3B contract to provide logistics and orbital operations support for the service’s Milstar, Advanced Extremely High Frequency and Defense Satellite Communications System III programs.

Lockheed Martin (NYSE: LMT) has become a founding member of the Space Information Sharing and Analysis Center, which aims to serve as the main communications channel for space industry to address security risks.