Hewson told analysts in an earnings call Tuesday the figure is associated with the companys selection as a prime contractor for the U.S. Armys Long Range Hypersonic Weapon integration support contract and its involvement in a Dynetics-led team tapped by the service to work on the Common Hypersonic Glide Body prototype.
She noted that both transactions will be negotiated in the next few months.
Ken Possenriede, chief financial officer at Lockheed, said the companys hypersonics work is in the development phase and most of its prototype launches are expected to kick off in 2020.
Former NASA executive Dan Tenney has been selected to succeed Michael Williamson as senior vice president of global business development and strategy at Lockheed…
bachelor’s”Brandy Durham has taken on new responsibilities as chief data and artificial intelligence officer at ManTech. The Herndon, Virginia-based company…