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President-elect Donald Trump has asked Boeing (NYSE: BA) to quote a competing price for its F-18 Super Hornet fighter aircraft citing cost overruns in the Lockheed Martin-built (NYSE: LMT) F-35 jet, Bloomberg reported Thursday. Anthony Capaccio and Alex Wayne write Trump made the announcement in a Twitter post Thursday a day after he ...

The chief executives of Lockheed Martin (NYSE: LMT) and Raytheon (NYSE: RTN) described to investors Wednesday their expectations of the foreign military sales environment in light of oil price volatility worldwide and President-elect Donald Trump’s campaign suggestion that U.S. allies contribute more financial resources to their own defen...

TYSONS CORNER, VA, Nov. 22, 2016 ”  Aerospace Industries Association has elected Roger Krone, Leidos (NYSE: LDOS) chairman and CEO, to its executive board of governors for 2017, GovCon Executive reported Friday. Krone will join Boeing (NYSE: BA) CEO Dennis Muilenburg and Raytheon (NYSE: RTN) CEO Thomas Kennedy, who will respectiv...

TYSONS CORNER, VA, Nov. 11, 2016 ” Marillyn Hewson, Lockheed Martin (NYSE: LMT) CEO, has stated that sustained investment, interoperability and talent development could support and maintain the technological edge of NATO and its partners, ExecutiveBiz reported Thursday. Hewson noted in written remarks published Wednesday that a defense industri...

Lockheed Martin (NYSE: LMT) has lifted its goal of international revenue from an initial goal of 25 percent originally set in 2014 to 30 percent in future years past 2016 as the defense contractor is “on track to exceed” the former benchmark this year, CEO Marillyn Hewson told investors Tuesday. Contributions from the company’...

Lockheed Martin (NYSE: LMT) has one pending regulatory review remaining in the U.K. over the merger of its information systems and global solutions business with Leidos Holdings (NYSE: LDOS) ahead of the deal’s intended closure in either the third or fourth quarter, Lockheed CEO Marillyn Hewson told investors Tuesday. Both compa...

John Rood, vice president of government affairs at Lockheed Martin (NYSE: LMT), will transition into new roles as senior vice president of the company’s international business organization and corporate officer by March 7. He will oversee the organization’s expansion strategies as well as facilitate its government relations, client...