Omega Aerial Refueling Services intends to purchase new aircraft and take out from storage its Boeing-built KC-707 and KDC-10 tankers as the U.S. Air Force looks to industry for additional tanker services, FlightGlobal reported Thursday. “We are very much interested in bringing our expertise to that problem, and expect to go ahead and either bid or […] More

A new Stockholm International Peace Research Institute report says military arms and services sales worldwide reached a total of $374.8 billion during 2016. SIPRI said Monday the figure reflects a 1.9 percent increase from 2015 and represents the first year of growth in arms sales since 2010. Sales of U.S. arms manufacturers rose by 4 percent […] More

Norway’s defense department seeks funds to procure an additional 12 Lockheed Martin-built F-35 jets in 2019 and 2020 through an annual budget proposal submitted to the country’s parliament, Star-Telegram reported Monday. Max Baker writes Norway is the first international partner in the fighter aircraft program  to propose a multiyear procurement of F-35s. “Norway and other international partners on the F-35 program have been […] More

Lockheed Martin and Connecticut Gov. Dannel Malloy have signed a deal to keep the headquarters of Lockheed’s Sikorsky subsidiary in Connecticut and increase the helicopter business’ workforce in the state to more than 8,000 by 2032. Sikorsky will develop 200 CH-53K King Stallion helicopters for the U.S. Navy over the next 16 years through its […] More

Lockheed Martin has changed the name of its mission systems and training business area in an effort to demonstrate the company’s expanded portfolio after it completed the acquisition of Sikorsky Aircraft from United Technologies Corp. for approximately $9 billion in November. The business area will start to operate as Lockheed’s rotary and mission systems business segment […] More

Turkey’s undersecretariat for defense industries has selected five aerospace companies to manufacture and deliver T70 helicopters as part of the estimated $3.5 billion TUHP-Turkish Utility Helicopter Program. Turkish Aerospace Industries will act as the prime contractor on the program and collaborate with Sikorsky Aircraft as the project’s major subcontractor as well as with local companies Aselsan, TEI and Alp Aviation, TAI said Tuesday. The […] More

Total federal contract spending declined for the sixth consecutive year in the government’s 2016 fiscal year but the team of analysts at Bloomberg Government predict that negative trend to reverse in the current FY 2016. In its BGOV 200 study released Tuesday, Bloomberg Government said federal unclassified contract spend for fiscal year 2015 fell nearly 1.5 percent to a […] More

Stephanie Hill, vice president and general manager of Lockheed Martin‘s information systems and global solutions-civil business, believes that workplace mentorship provides an opportunity for junior employees to connect with and learn from managers. Lango Deen writes Monday on the Black Engineer website that Hill discussed her own mentorship experiences during a recent BEYA STEM webinar. Hill, the recipient of the […] More

Paul Lemmo serves as senior vice president of corporate strategy and business development at Lockheed Martin and elevated to the position in early July 2013. The more than 25-year defense industry veteran leads a business organization that has offices in 25 U.S. cities and 25 countries. Prior to this promotion, he served as business development VP for […] More