Search Results for: lockheed

Lockheed Martin Tops Defense Contract Recipients List in New DOD FY 2020 Defense Spending Report

The Department of Defense’s Office of Local Defense Community Cooperation released its Fiscal Year 2020 Defense Spending by State report on Friday. DoD’s report outlines information including categories of contracted goods and services, total spending figures, numbers and types of defense personnel and major defense vendors across each state and …

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Lockheed, Navy Surface Warfare Centers Collaborate to Deploy High-Energy Laser Tech; Tyler Fitzsimmons Quoted

HELIOS System

Three Naval Surface Warfare Center (NSWC) divisions have worked with Lockheed Martin to help the U.S. Navy field a laser control technology the company developed to support the branch's combat identification, threat engagement and battle damage assessment efforts. Crane, Dahlgren shared experiences in low-power and high-energy technology with the project. 

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Lockheed Martin Elects Patricia Yarrington to Board Of Directors; CEO James Taiclet Quoted

Lockheed Martin

Lockheed Martin announced on Tuesday that the company’s board of directors has elected Patricia E. Yarrington to the board. Yarrington possesses 38 years of executive experience and recently retired as Chevron Corporation's chief financial officer. She was the vice president of Policy, Government and Public Affairs from 2002 to 2007 and vice president of Strategic Planning from 2000 to 2002.

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Lockheed, Air Force Start up F-16 Production Line to Support Foreign Allies; Col. Brian Pearson Quoted

F-16 Production

Lockheed Martin has opened a new production line for Block 70/72 of the F-16 aircraft to address the jet's growing demand from foreign military sales customers. The new production line will operate in partnership with the U.S. Air Force from Lockheed's existing site in Greenville, South Carolina, the service branch said Tuesday.

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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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Army Eyes Mid-Range Capacity for Lockheed-Built Precision Strike Missile

Next Generation

The U.S. Army plans to conduct four long-range exercises of the Lockheed Martin-built precision strike missile this year in a push to develop the weapon’s firing capacity. In March 2020, Lockheed was named as the final participant in the Army’s PrSM prototyping initiative. PrSM is slated for deployment in 2023.

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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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Air Force to Hold Flight Test for Lockheed-Made Boost-Glide Missile; Brig. Gen. Heath Collins Quoted

Hypersonic ARRW

The U.S. Air Force has scheduled to perform flight tests for a long-range hypersonic missile designed by Lockheed Martin under the service branch's Air-launched Rapid Response Weapon prototyping program. The demonstration for the AGM-183A ARRW boost-glide missile is planned for the first week of March and is intended to provide the Air Force with an operational hypersonic weapon by 2022.

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