Lockheed’s Bob Stevens Comments on Decade-Long Deal Worth Potential $5 Billion
Lockheed Martin (NYSE: LMT) won an indefinite delivery / indefinite quantity contract from the U.S. Special Operations Command to support complete logistics to soldiers around the world. According to the firm, “the Logistics Support Contract for U.S. Special Operations provides a wide range of mission-critical services, from aircraft and vehicle maintenance to IT and electronics [...]
BAE, Honeywell Win Shares of Nine-Figure Deal, Lockheed and Boeing Score Navy Wins
According to the Department of Defense, “BAE Systems, ENGlobal Technical Services (N65236-10-D-6828), and Honeywell (NYSE: HON), are each being awarded an indefinite-delivery/indefinite-quantity, cost-plus-fixed-fee type multiple-award contract for technical and maintenance services for automated tank gauging; automated fuel service stations; automated fuel handling equipment; environmental leak detection; airfield refueling electrical supervision and control systems; overfill protection [...]
NASA, Lockheed Celebrate Space Shuttle Tank Completion
NASA and Lockheed Martin (NYSE: LMT) honored the workforce responsible for the construction of the external tanks for the space shuttle fleet at NASA’s Michoud Assembly Facility in New Orleans. “This is a bittersweet moment for everyone who’s been part of this great and dedicated NASA and Lockheed Martin external tank production team,” said John [...]
Lockheed Martin Continues Commitment to Math and Science by Mentoring Teachers
Lockheed Martin (NYSE: LMT) will host 20 middle school and high school teachers over the summer as part of the company’s support of the Bay Area-based Industry Initiatives for Science and Math Education (IISME). According to the firm, “the IISME organization works to foster a strong, highly skilled workforce in mathematics, science and technology. IISME’s [...]
Lockheed Banks Half-Billion Dollar Deal; CACI, BAE Ink Contracts
According to the Department of Defense, “Lockheed Martin (NYSE: LMT) is being awarded an advance acquisition contract with an estimated value of $522,200,000 to provide for long-lead efforts and materials associated with the production and delivery of 42 low-rate initial production Lot V F-35 Joint Strike Fighter aircraft. This contract provides for 22 conventional take [...]
Northrop, American Apparel, Lockheed Pen DoD Deals
According to the Department of Defense, “Northrop Grumman (NYSE: NOC) was awarded a contract modification not-to-exceed $45,192,154 which will provide maintenance and support of the Battlefield Airborne Communications Node payload installed in Global Hawk Block 20 unmanned aerial vehicle in support of overseas contingency operations from June 2010 through June 2011. At this time, $44,080,803 [...]
General Dynamics, BAE, Lockheed Win Deals, Raytheon Claims Pair
According to the Department of Defense, “Lockheed Martin (NYSE: LMT) is being awarded a $66,995,612 sole-source, cost-plus-fixed-fee modification to previously awarded contract (HQ0147-07-C-0196) to perform obsolescence mitigation efforts for terminal high air altitude defense batteries three and four, including completion of ongoing fiscal 2009 obsolescence efforts, as well as additional obsolescence mitigation required to support [...]
Lockheed Releases Modification to IronClad USB
Lockheed Martin’s [NYSE: LMT] IronClad USB drives have received a boost from a new enhancement “whitelisting” application from technology firm CoreTrace. According to the firm, “the application protects not only the files and data on each IronClad ‘PC on a Stick,’ it also keeps government and corporate networks protected from a large array of security [...]
Lockheed Martin Makes Fiscal Announcement
According to Lockheed Martin (NYSE: LMT), “the firm’s board of directors has authorized a third quarter 2010 dividend of $0.63 per share. The dividend is payable Sept. 24, 2010 to holders of record as of the close of business on Sept. 1, 2010.” var addthis_pub = ‘execbiz’; var addthis_language = ‘en’;var addthis_options = ‘email, favorites, [...]
Lockheed, Northrop Bank DoD Deals
According to the Department of Defense, “Lockheed Martin (NYSE: LMT) is being awarded a $16,575,612 cost-plus-fixed-fee contract for the maintenance, upgrade and development of Tactical Tomahawk Weapons Control System software. This contract combines purchases for the U.S. Navy ($14,475,612; 87.4 percent) and the government of the United Kingdom ($2,100,000; 12.6 percent) under the Foreign Military [...]
