Search Results for: Lockheed Martin

Lockheed Martin Announced New ISR Satellite Line; Rick Ambrose Quoted

Rick Ambrose

Lockheed Martin announced on Tuesday its new line of rapid, integrated and economical tactical Intelligence Surveillance and Reconnaissance (ISR) satellites. The new ISR satellites are based on Lockheed’s LM 400 mid-size bus and will enable U.S. warfighters to track moving targets at long ranges and maneuver in highly contested environments quickly. 

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Curtiss-Wright Awarded Lockheed Martin Aeronautics Contract to Provide COTS Module Technology to Update F-22 Raptor Aircraft; President, CEO Lynn Bamford Quoted

Lynn Bamford

Curtiss-Wright Corporation announced on Wednesday that the company has received a contract to provide its commercial-off-the-shelf (COTS) processor module technology to upgrade the F-22 Raptor aircraft through Lockheed Martin Aeronautics. Prior to its selection, the Curtiss-Wright processor module was successfully subjected to a rigorous and extensive durability test program to meet the F-22 Raptor’s extreme environmental requirements.

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Lockheed Martin Block Buys Future ABL RS1 Launches; Rick Ambrose Quoted

Rick Ambrose

Lockheed Martin announced on Monday that it has entered into a block buy agreement with ABL Space Systems. The agreement will require ABL to provide Lockheed with routine rocket launches of RS1 launch vehicles that will accelerate payload technologies' delivery rate into orbit. Lockheed will buy up to 26 rockets through 2025 and then up to 32 through 2029. 

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Lockheed Martin, Omnispace Join Forces to Create Space-Based 5G Capability; Rick Ambrose Quoted

Rick Ambrose

Lockheed Martin announced on Tuesday the company has entered into a strategic interest agreement with Omnispace LLC to explore creating 5G capability from outer space jointly. The companies’ shared vision to revolutionize mobile communication with a global 5G space solution would be the first-ever dual-use 5G platform for commercial and government missions.  

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Lockheed Martin Wins Contract to Support U.S. Army Combat Vehicle Protection System; David Rohall Quoted

Lockheed Martin

The U.S. Army has awarded Lockheed Martin a 36-month contract to support the integration and testing of the service branch’s combat vehicle protection system, which will increase warfighter safety and security from battlefield threats. The company will provide its Modular Active Protection System (MAPS) base kit to support this effort. 

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Lockheed Martin Taps ABL Space Systems to Provide Launch Services

Lockheed Martin

Lockheed Martin has contracted ABL Space Systems, a provider of low-cost launch vehicles and launch systems for the small satellite industry, to provide a rocket and launch services for Lockheed Martin’s first UK vertical satellite launch, UK Pathfinder. Lockheed Martin’s UK Pathfinder Launch is planned to be the first vertical small satellite launch from UK soil, which is planned to launch from Scotland in 2022. 

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USAF Adds Lockheed Martin to Platform One DevSecOps Software Program; Nic Chaillan Quoted

Nic Chaillan

The U.S. Air Force has added Lockheed Martin to Platform One, a software development program that works to develop and deliver new software applications for defense missions. “It’s clear from their actions that Lockheed Martin is embracing DevSecOps and is committed to advancing Platform One capabilities,” said Nic Chaillan, the Air Force’s chief software officer

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Lockheed Martin Board Elects James Taiclet as Chairman, Marillyn Hewson to Retire as Executive Chairman

James Taiclet

Lockheed Martin’s board of directors has elected president and CEO James Taiclet as chairman of the board, effective March 1. The board also elected Gregory Ulmer as executive vice president of Aeronautics, effective Feb. 1. Marillyn Hewson, executive chairman and 2020 Wash100 Award recipient, also announced her retirement as executive chairman and as a member of the board.

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Lockheed Martin Reports Q4, FY 2020 Financial Results; James Taiclet Quoted

James Taiclet

Lockheed Martin Corporation has reported fourth quarter and full year 2020 results. The company’s fourth quarter 2020 net sales were $17.0 billion, compared to $15.9 billion in the fourth quarter of 2019. “In concert with our resilient operational performance, we delivered strong financial results on behalf of our shareholders and contributed to our communities," said Lockheed Martin president and CEO James Taiclet.

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Lockheed Martin Declares CH-53K King Stallion Devices Ready For Training; Tom Gordon Quoted

Lockheed Martin

Lockheed Martin has announced that its suite of training devices for the CH-53K heavy lift helicopter have been declared Ready for Training at Marine Corps Air Station (MCAS) New River in Jacksonville, North Carolina. The CH-53K will enable Marines to safely complete longer-range missions in harsher environments compared to the current fleet of aircraft. 

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