Search Results for: Lockheed

AWS Launches Aerospace and Satellite Solutions Business Segment; Lockheed’s Rick Ambrose Quoted

Rick Ambrose EVP Lockheed Martin

Amazon Web Services has unveiled a new business segment that will focus on bringing AWS platforms and services to the space market. Clint Crosier, a retired U.S. Air Force major general and former director of space force planning at the U.S. Space Force, will lead the company’s Aerospace and Satellite Solutions business segment.

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James Taiclet: Lockheed’s Accelerated DoD Progress Payments to Suppliers Hit $1.1B

James Taiclet President and CEO Lockheed Martin

James Taiclet, president and CEO of Lockheed Martin (NYSE: LMT), said the company has accelerated more than $1.1B in progress payments it has received from the Department of Defense to its suppliers to support the defense industrial base and national security efforts during the COVID-19 pandemic.

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Lockheed Gets $1B PAC-3 Missile Production Funds

Lockheed Martin (NYSE: LMT) has secured $1.04B contract modification to support the production of updated guided air and missile defense systems for the U.S. Army and seven foreign countries. Work covers planning, technical, management, incidental, testing and manufacturing services for the Phased Array Tracking Radar to Intercept on Target Advanced Capability-3 missiles, the Department of Defense said Wednesday.

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