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Lockheed Gets Air Force ‘Available for Launch’ Declaration on 1st GPS III Satellite

TYSONS CORNER, VA, Oct. 12, 2017 — Lockheed Martin (NYSE: LMT) has received clearance from the U.S. Air Force on the availability of the first GPS III satellite for launch in 2018 and will await further approval to begin pre-launch preparations, ExecutiveBiz reported Wednesday. The company said Tuesday GPS III Space Vehicle 01 was designated …

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Lockheed Books $337M in Apache Sensor Tech Orders

Lockheed Martin (NYSE: LMT) has received orders worth a combined $337 million to provide sensor systems and support services for Apache military helicopters of the U.S., U.K. and Saudi Arabia. The orders for Modernized Target Acquisition Designation Sight/Pilot Night Vision Sensors fall under a potential five-year, $2 billion indefinite-delivery/indefinite quantity contract from …

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Lockheed to Help MDA Test, Integrate Low-Power Laser on UAV

TYSONS CORNER, VA, Oct. 9, 2017 — Lockheed Martin (NYSE: LMT) will support a Missile Defense Agency project to test and integrate a low-power laser to an unmanned aerial vehicle under a $9.4 million contract, ExecutiveBiz reported Friday. The Defense Department said Thursday the contract is part of the Low Power …

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Lockheed, Austal USA Secure Navy LCS Construction Contracts

Lockheed Martin (NYSE: LMT) and Austal’s U.S. arm have received six-year contracts worth $584.2 million each to help the U.S. Navy build Littoral Combat Ships. The contract modification awarded to Austal USA covers LCS design, planning, construction and testing activities in exercise of an option to a previously awarded contract, the …

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Lockheed Martin’s T-50A Trainer Aircraft Completes 100th Sortie

TYSONS CORNER, VA, Oct. 6, 2017 — Lockheed Martin‘s (NYSE: LMT) T-50A aircraft has reached a milestone with its 100th sortie in Greenville, South Carolina, as the company pursues the U.S. Air Force‘s Advanced Pilot Training contract, ExecutiveBiz reported Thursday. The company said Wednesday the T-50A is undergoing continued flight operations in Greenville following the submission of …

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Lockheed Vet James Craig Joins Cubic Defense Segment as Ground Training Systems VP, GM; Dave Buss Comments

James Craig, a 35-year veteran of Lockheed Martin (NYSE: LMT), has joined Cubic’s (NYSE: CUB) global defense segment as vice president and general manager of ground training systems. “Jim brings a wealth of talent, energy and remarkable program execution credentials to Cubic,” Dave Buss, president of Cubic Global Defense, said …

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Lockheed, Rockwell Collins Win Airborne Launch Control Replacement Tech Maturation Contracts

Lockheed Martin (NYSE: LMT) and Rockwell Collins (NYSE: COL) have won three-year contracts from the U.S. Air Force to perform risk reduction and technology maturation work on a platform designed to replace the service’s aerial launch control system. The military branch awarded an $80.7 million contract to Lockheed’s space systems …

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CMS, Lockheed Vet Karen Shields Named Serco Inc. Health Sector VP; Dave Dacquino Comments

Karen Shields, a Centers for Medicare and Medicaid Services veteran, has been appointed vice president of health sector at Serco Inc. — the British contractor’s North American arm. She will oversee efforts to grow a portfolio of consulting, operational and business processing platforms designed to help customer agencies deliver healthcare services to …

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Lockheed Gets Potential $1.12B Navy Contract Modification for Trident II Missile Production, Systems Support

The U.S. Navy has awarded a potential five-year, $1.12 billion contract modification to Lockheed Martin‘s (NYSE: LMT) space systems business for the production of Trident II D2 missiles and support for deployed systems. The Defense Department said Friday the modification contains a $418.7 million initial value and also includes D5 life extension production services. Work …

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Lockheed Martin Features New Satellite Buses at AFA-Hosted Event; Rick Ambrose Comments

TYSONS CORNER, VA, Sept. 28, 2017 — Lockheed Martin (NYSE: LMT) has unveiled four new series of satellite buses designed with 280 common components as part of efforts to cut design time and cost, ExecutiveBiz reported Sept. 20. The company said Sept. 19 the LM 50, LM 400, LM 1000 and LM 2100 lines launched during …

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