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Latest Federal & Government Contracting Companies' News Coverage

Latest Federal & Government Contracting Companies' News Coverage

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James Taiclet, president and CEO of Lockheed Martin, said acquiring Aerojet Rocketdyne will bring in propulsion systems for potential integration with Lockheed-built missile and rocket offerings, Via Satellite reported Monday. Taiclet told analysts Monday during a conference call he expects the transaction to support upfront design, production planning and engineering integration efforts at the Bethesda, Maryland-based aerospace and defense company.

Jeh Johnson, former secretary at the Department of Homeland Security, and American Tower CEO James Taiclet Jr. have been elected to join Lockheed Martin‘s board of directors effective Jan. 1. “Jeh’s experience in acquisition and government operations and Jim’s aerospace and global perspective will help advance our ability to anticipate and exceed our customers’ expectations,” Marillyn Hewson, Lockheed […] More
Executive Mosaic is honored to announce that Jim Taiclet, chairman, president and CEO of Lockheed Martin, has been named a 2022 Wash100 Award recipient for his leadership to drive company growth through significant contract awards and acquisitions as well as advancing IT modernization efforts, including 5G capabilities and other areas of commercial technology. This marks […] More
Jim Taiclet, chairman, president and CEO of Lockheed Martin and a 2022 Wash100 Award recipient, said the company could explore other merger and acquisition opportunities if the Aerojet Rocketdyne deal fails to materialize, Breaking Defense reported Thursday. In late January, the Federal Trade Commission filed a suit to block Lockheed’s planned $4.4 billion acquisition of […] More
Jay Malave, a former L3Harris Technologies executive who is an aerospace and defense industry veteran, has been named chief financial officer at Lockheed Martin. Malave’s career spans three decades and multiple senior-level financial roles in public and private sector organizations. Jim Taiclet, president and CEO of Lockheed and a 2022 Wash100 Award winner, said Tuesday the new […] More

Jim Taiclet, chairman, president and CEO of Lockheed Martin, has received the first Wash100 Award of his long federal career for sustaining company growth through acquisition deals and contract wins, promoting support to supply chains during the COVID-19 pandemic, and advancing military technology and 5G. Visit Wash100.com to cast a vote for Jim Taiclet as the most significant executive of consequence to the GovCon sector. 

Airbus will use a manufacturing facility in Arkansas to produce the aerial refueling boom system for Lockheed Martin’s offering for a U.S. Air Force strategic tanker program. The Arkansas-built boom system will be integrated into the LMXT strategic tanker aircraft during the second phase of the plane’s assembly and configuration process, Lockheed said Wednesday. The […] More
Trusted contractors collaborate with the United States federal government to deliver a wide range of advanced products and services, spanning various industries, from everyday items like paper clips to heavy equipment such as tankers and aircraft carriers. The government contracting sector is a massive industry due to the fact that the U.S. government holds the […] More
President Joe Biden held a virtual meeting on Monday with Deputy Defense Secretary Kathleen Hicks, Lockheed Martin CEO Jim Taiclet and other corporate executives to call for the passage of a bill that seeks to increase semiconductor production in the U.S., Defense News reported Monday. “The CHIPS-Plus Act will help us substantially return leading-edge microelectronics […] More
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