Tag Archives: lockheed

Booz Allen Appoints Matt Tarascio as Strategic Innovation Group Senior Vice President; Steve Escaravage Quoted

Matt Tarascio

Booz Allen Hamilton announced on Wednesday its appointment of Matt Tarascio as a senior vice president in the strategic innovation group (SIG). He will lead the analytics and artificial intelligence (AI) business in support of the Department of Defense (DOD) and spearhead Booz Allen’s efforts to accelerate the integration of analytics, data science and AI capabilities for public and private-sector missions.

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President Biden Nominates Jill Hruby for NNSA Administrator; Jennifer Granholm Quoted

Jill Hruby

President Biden has nominated Jill Hruby, former director of the Department of Energy’s (DOE) Sandia National Laboratories (SNL), as the administrator of the National Nuclear Security Administration (NNSA) and undersecretary for nuclear security. The White House said Wednesday that Hruby joined SNL as a technical staff member in 1983 and retired from the laboratories in 2017.

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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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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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Executive Mosaic Names 2021 Wash100 Award Recipients; Cast Your 10 Votes TODAY

2021 Wash100

Executive Mosaic, the leading provider in connecting, promoting and branding government and government contracting (GovCon) executives of consequence, has announced the recipients of the 2021 Wash100 Award. “We are thrilled to honor the winners of the 2021 Wash100 Award, said Jim Garrettson, founder and CEO of Executive Mosaic. With the announcement, Executive Mosaic will begin to accept votes for this year’s Popular Vote Rankings.

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Report: State Department Suspends Foreign Sales of U.S. Weapons Pending Biden Administration Reviews

F-35C

President Biden has halted U.S. weapons sales to foreign nations on a temporary basis to allow time for administrative assessments. In January 2021, Reuters reported that the United Arab Emirates entered into an agreement with the U.S. to purchase $23 billion worth of Lockheed Martin-built F-35 aircraft and a maximum of 18 drones. 

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Report: DoD Contract Obligations Up 10% in Fiscal 2020

Paid Leave Reimbursement

The Department of Defense (DoD) obligated $445.5 billion on contract awards during fiscal year 2020, a nearly 10 percent increase from the year-ago period's contracting obligations of $404.5 billion, driven primarily by events related to the global security landscape and coronavirus pandemic. It was also noted that Lockheed secured the highest amount of contracting dollars at $72.3 billion.

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Lockheed Wraps Up USS Cooperstown Acceptance Tests

USS Cooperstown

Lockheed Martin has concluded a series of acceptance trials for the U.S. Navy's 12th Freedom-class littoral combat ship. The future USS Cooperstown (LCS 23) performed maneuverability tests, a full-power run and surface and air detect-to-engage operations at Lake Michigan as part of the trials. LCS 23 will enter final outfitting and fine-tuning activities prior to its delivery to the Navy.

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Air Force Concludes Flight Demos for B-1B Bomber’s External Missile Release Function

B-1B Lancer

The U.S. Air Force has demonstrated the B-1B Lancer supersonic aircraft’s release capacity for external weapons as part of an assessment that culminates a series of expanded weapons carriage tests that began last year. As part of the demonstration, the team equipped the heavy bomber with high-speed cameras to evaluate its release of the Lockheed Martin-manufactured JASSM weapon.

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