Robert Lightfoot, vice president of operations at Lockheed Martin‘s (NYSE: LMT) space business area, has been promoted to lead the segment as executive vice president. He will assume his new position on Jan. 1 and replace Rick Ambrose, who intends to retire in March after a more-than-20-year career at Lockheed and will support transition effor...
Terran Orbital has agreed to merge with special purpose acquisition company Tailwind Two Acquisition (NYSE: TWNT) in a transaction that would take the Boca Raton, Florida-based small satellite manufacturer public and bring its enterprise value to approximately $1.58 billion. The boards of directors of Terran Orbital and Tailwind Two have approved th...
Rick Ambrose, executive vice president of Lockheed Martinâs (NYSE: LMT) space business and a six-time Wash100 Award winner, will retire in March 2022 after a two-decade career with the Bethesda, Maryland-based aerospace and defense contractor. Jim Taiclet, chairman, president and CEO of Lockheed and a 2021 Wash100 Award recipient, said in a statem...
Lockheed Martin (NYSE: LMT) and General Motors (NYSE: GM) have partnered to construct a lunar rover to enable astronauts to explore the moonâs surface in support of NASAâs Artemis program. “Surface mobility is critical to enable and sustain long-term exploration of the lunar surface,â Rick Ambrose, executive vice president of Lockheedâ...
TYSONS CORNER, VA, April 28, 2021 â Lockheed Martin (NYSE: LMT) introduced a suite of tactical satellite offerings designed to provide intelligence, surveillance and reconnaissance mission data to military customers, ExecutiveBiz reported April 14. The company said its new satellite product line is built on the LM 400 midsize bus technology and po...
Executive Mosaic is pleased to present Rick Ambrose, executive vice president of the space business segment at Lockheed Martin, as a recipient of the 2021 Wash100 Award for his significant contributions to the federal sector, space domain and his drive to advance spacecraft development and other space tech capabilities. For the sixth year, Ambrose h...
TYSONS CORNER, VA, March 12, 2021 â Lockheed Martin (NYSE: LMT) is getting ready for a mission to launch and demonstrate its LM 400 satellite bus for various mission areas, ExecutiveBiz reported Monday. Via Satellite quoted Rick Ambrose, executive vice president of Lockheed’s space segment and a 2021 Wash100 Award recipient, as saying the LM...
Lockheed Martin (NYSE: LMT) has received a contract from an undisclosed commercial customer to build and deliver a payload meant to ensure space domain awareness, Rick Ambrose, executive vice president of the company’s space business and a 2021 Wash100 Award recipient, said in a LinkedIn post. The optical sensor-equipped payload will be used f...
TYSONS CORNER, VA, March 8, 2021 â Lockheed Martin (NYSE: LMT) has extended a partnership with information technology company NEC to continue using the latter’s System Invariant Analysis Technology to identify potential anomalies during spacecraft development and satellite ground support operations, ExecutiveBiz reported Tuesday. Lockheed sa...
Executive Mosaic, the leading provider in connecting, promoting and branding government and government contracting (GovCon) executives of consequence, will proudly present the 2021 Wash100 Award, the most prestigious and prominent award in all of GovCon, to the 100 distinguished executives who have demonstrated excellence in leadership, innovation, ...
