TYSONS CORNER, VA, May 16, 2019 — Red Hat (NYSE: RHT) collaborated with Lockheed Martin (NYSE: LMT) to utilize open source architecture, DevSecOps practices and an Agile methodology for the development and deployment of updates for the U.S. Air Force’s F-22 Raptor fleet, ExecutiveBiz reported May 7. The open source …

Dean Acosta, a corporate communications veteran in the aerospace and defense sectors, has been named senior vice president of communications at Lockheed Martin (NYSE: LMT) in a move that takes effect May 20. “His expertise and experience will help us communicate how our company works every day to protect lives, …

TYSONS CORNER, VA, May 6, 2019 — Lockheed Martin (NYSE: LMT) established a new production line for the F-16 Fighting Falcon aircraft last month in South Carolina as it seeks to use the refurbished hangar as manufacturing base for the F-16 Block 70 later in the year, ExecutiveBiz reported April …

Robert Lightfoot, former acting administrator of NASA, has been appointed vice president of strategy and business development at Lockheed Martin’s (NYSE: LMT) space segment in a move that will take effect May 6. He will oversee new business strategy, technology concepts and strategic planning activities for the space business area, …

Lockheed Martin (NYSE: LMT) has secured a potential $1.14B contract from the U.S. Navy to provide sustainment services for the F-35 Lightning II program. Work under the cost share contract includes supply chain management, ground maintenance, depot activation, action request resolution and health management implementation, the Department of Defense said …

Lockheed Martin’s (NYSE: LMT) rotary and mission systems business secured a potential $201.7M contract to provide engineering services to the U.S. Navy. The sole-source, cost-plus-fixed-fee contract has a face value of $26.9M and will reach its potential value if the service branch exercises all options, the Department of Defense said …

The U.S. Army has awarded Lockheed Martin (NYSE: LMT) a $723.5M contract modification to provide multiple variants of the Hellfire II missile system. Lockheed will deliver missiles to domestic and foreign military sales customers that include Lebanon, Netherlands and France, the Department of Defense said Thursday. Hellfire II uses a semi-active …

Lockheed Martin (NYSE: LMT) has received a $90.7M contract modification from the Naval Air Systems Command to create an organic depot repair process for the F-35 integrated core processor. The fixed-price-incentive-fee award combines purchases from the U.S. Air Force, Navy and Marine Corps, the Department of Defense said Thursday. Work …

A report by consulting firm McAleese & Associates says Lockheed Martin (NYSE: LMT) saw its sales in the first quarter of 2019 climb 23 percent to $14.3B primarily driven by sales growth in the company’s aeronautics and missiles and fires control business units. Jim McAleese, founder and principal of McAleese & Associates …

Lockheed Martin (NYSE: LMT) received a $117.1M delivery order modification to provide F-35 air vehicle spares to the U.S. Air Force and U.S. Marine Corps. The company will deliver a deployment and afloat spares package and related consumables as part of the modification awarded by Naval Air Systems Command, the …