The U.S. Navy has awarded Lockheed Martin (NYSE: LMT) a potential two-year, $87.5M contract to help transition a worldwide logistics information system for F-35 aircraft into a cloud-based integrated network.

Taiwan is seeking recertification of Lockheed Martin-built (NYSE: LMT) Patriot Advanced Capability-3 missile systems through an approximately $620M foreign military sales agreement approved by the State Department.

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.

Lockheed Martin (NYSE: LMT) has been awarded a $360.8M contract modification by the U.S. Navy to build four lot 14 production units of the F-35 carrier variant.

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.

Lockheed Martin (NYSE: LMT) will provide additional support services to South Korea's F-35 aircraft under a  $183.8M contract modification from the U.S. Navy.

James Taiclet, a board member at Lockheed Martin (NYSE: LMT) since 2018, on Monday officially assumed his duties as president and CEO of the company. He succeeds Marillyn Hewson, who now serves as executive chairman of the board and continues to support the leadership transition.

Lockheed Martin (NYSE: LMT) has landed a potential five-year, $375.5M U.S. Navy contract modification to build software and hardware for India's MH-60R multirole helicopter development program.

Lockheed Martin (NYSE: LMT) has received a four-year, $368.1M contract modification from the U.S. Navy to manufacture five units of the F-35 conventional takeoff and landing variant and one piece of the short takeoff/vertical landing version for the Italian military.

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.