Lockheed Martin will offer support to service members, veterans and their families through a new 3,400-square-foot facility that United Services Organization unveiled at the Orlando International Airport in Florida. Lockheed said Wednesday it will support the new USO welcome center in Orlando through its employee volunteers. The company said it offers assistance to several USO initiatives such […] More

The Defense Department and Lockheed Martin have unveiled a pair of initiatives that aim to reduce the costs of producing and sustaining the F-35 Lightning II aircraft and weapon system. Lockheed, the primary F–35 contractor, and its principal industry partners BAE Systems and Northrop Grumman will invest an additional $170 million over the next two years in an effort to generate further […] More

Lockheed Martin has unveiled a science, technology, engineering and math educational program for elementary, middle school and high school students across the U.S. which features an online curriculum and virtual reality tools. The company said Friday the Generation Beyond program was announced at the Lockheed-sponsored USA Science & Engineering Festival. “Our children — the elementary, middle and high […] More

Lockheed Martin has made an offer to India for the manufacture of F-16 fighter jets in the country in an effort to help upgrade the Indian defense sector, Bloomberg reported Thursday. Phil Shaw, CEO of Lockheed’s Indian unit, said the company’s CEO and President Marillyn Hewson opened the deal’s possibility to Indian Prime Minister Narendra Modi in […] More

Lockheed Martin continues with its efforts to utilize technologies that work toward addressing the issue of climate change through partnerships with companies such as Kampachi Farms, The Washington Post reported Friday. Christian Davenport and Amrita Jayakumar write that the efforts align with the Defense Department‘s declaration that climate change presents a threat to national security. Lockheed’s energy […] More

Marillyn Hewson, CEO of Lockheed Martin, said she believes the company’s teaming agreement with Boeing to pursue a U.S. Air Force bomber development contract represents a “very important opportunity” for both companies, Air Force Times reported Wednesday. Brian Everstine writes the Air Force’s upcoming competition would pit the Boeing-Lockheed team against Northrop Grumman, the incumbent […] More

Darrell Durst, vice president of operations for defense and intelligence services at Lockheed Martin, has described how the company defended its infrastructure from cyber attacks in 2014, Military Embedded Systems reported Wednesday. Durst said Lockheed worked to stop the attacks as they happened and safeguarded the company’s assets before sharing cyber threat data with government authorities for legal actions, John […] More

Science Applications International Corp CEO Tony Moraco and Chief Ethics Officer Laura Kennedy have been appointed to lead the Defense Industry Initiative on Business Ethics and Conduct’s steering committee and working group, respectively. The company said Monday Moraco and Kennedy will succeed Lockheed Martin CEO Marillyn Hewson and Vice President of Ethics and Sustainability Leo Mackay Jr. in their respective positions on […] More

Lockheed Martin is celebrating National Volunteer Week by presenting President Obama’s 2013 President’s Volunteer Service Awards to more than 2,900 employees. Employees who received the award have volunteered for more than 100 hours of service in a 12-month period, the company announced Thursday. For 2013, Lockheed Martin PVSA recipients have logged in a total of […] 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.

More

Lockheed Martin CEO James Taiclet said he intends to pursue the use of 5G networks to strengthen the autonomous capabilities of military vehicles, Reuters reported Tuesday.

More

Michele Evans, who assumed the role of executive vice president for Lockheed Martin’s aeronautics business area in October 2018, has discussed the company’s efforts to reduce the price of the F-35 Lightning II aircraft and other plans for the fighter jet program, the Dallas Business Journal reported Wednesday. Lockheed plans to lower the price of the F-35A variant to $80M by 2020, according to the report.

More