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Latest Federal & Government Contracting Companies' News Coverage

Latest Federal & Government Contracting Companies' News Coverage

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Lockheed Martin has received a contract modification valued at approximately $48.5 million from the U.S. Navy to help the service branch field and sustain the Aegis weapon system. The company’s rotary and mission systems business will perform the majority of contract work in Moorestown, New Jersey, and the rest in Dahlgren, Virginia, through December 2023, […] More
Robert Lightfoot, executive vice president of Lockheed Martin’s space business, said the company values the importance of partnerships with technology companies to advance platforms meant to support defense missions. “By partnering with and investing in the best of commercial high-tech companies, we are accelerating the delivery of cutting-edge technologies into our networked systems and helping […] More
Lockheed Martin company overview Lockheed Martin is the leading provider of offensive and defensive weapons systems. Their expertise includes producing aerospace, armaments, defense, IT, and technology. March 15, 1995, marked the completion of the merger between the nation’s second and third-largest military com, Lockheed and Martin Marietta. The allies leverage emerging technologies and rise to […] More
Lockheed Martin‘s rotary and mission systems business will provide technical engineering and management services to Australia’s Surface Combatant Program under a $192.4 million contract modification from the U.S. Navy. The Australian government initially obligated $60.7 million for the foreign military sales requirement, according to a Department of Defense notice published Friday. DOD expects the services […] More
Lockheed Martin‘s rotary and mission systems business has received a $62.1 million contract modification from the U.S. Navy for Aegis combat system modernization and ship construction efforts over a three-year period. The Department of Defense said Friday Lockheed Martin Rotary and Mission Systems will work on meeting fiscal 2022 Aegis modernization needs as well as […] More
Executive Mosaic is honored to present Stephanie Hill, executive vice president of rotary and mission systems segment at Lockheed Martin, as a 2022 Wash100 Award recipient for driving business growth through major contracts with the U.S. military and foreign allies as well as advancement of engineering and all-domain capabilities. This marks the second consecutive year and […] More
Lockheed Martin‘s rotary and mission systems business has landed a potential six-year, $77.6 million sole-source contract from the U.S. Air Force to supply training systems for F-16 Block 70 jets of foreign military sales customers. The company will engineer, develop, produce, integrate, test and deliver training equipment and spare parts in support of two Eastern […] More
The Missile Defense Agency has awarded Lockheed Martin‘s rotary and mission systems business a $90.8 million contract modification for continued development and support work on Japan’s Aegis combat systems. The hybrid modification raises its corresponding foreign military sales contract’s value from $151.1 million to $242 million, the Department of Defense said Friday. Work under the […] More
Lockheed Martin‘s rotary and mission systems business has secured a $79.9 million contract modification from the U.S. Navy to provide design, integrated data and product model environment support for littoral combat ships. Work under the cost-plus-fixed-fee, firm-fixed-price and cost-only modification will run through October 2022, the Department of Defense said Monday. The award modifies an […] More
Lockheed Martin has received an $85.56 million indefinite-delivery/indefinite-quantity contract for services in support of the U.S. Navy’s hardware and software interfaces through June 2027. The Department of Defense said Monday the required systems engineering and technical services for the effort are available only from Lockheed’s rotary and mission systems business. Under the sole-source contract, Lockheed […] More
Companies like Lockheed Martin are participating in joint exercises to help the Department of Defense come up with a joint all-domain operations platform that can link sensors to shooters to achieve decision dominance, Breaking Defense reported Monday. “[It’s] about machine learning, artificial intelligence, eventually quantum computing—the speed at which they’re able to operate, and really […] More

Executive Mosaic is pleased to introduce Stephanie Hill, executive vice president of rotary and mission systems for Lockheed Martin, as a recipient of the 2021 Wash100 Award for leading the business segment as it continues to secure multimillion dollar contracts from the U.S. military for missile delivery, update and support services.

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