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Latest Federal & Government Contracting Companies' News Coverage

Latest Federal & Government Contracting Companies' News Coverage

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Heather Wilson, the 24th Secretary of the U.S. Air Force and a two-time Wash100 Award recipient, was elected to the board of directors of Lockheed Martin, effective May 22. In a statement published Wednesday, Jim Taiclet, chair, president and CEO of Lockheed, said the deep industry knowledge and extensive leadership experience of Wilson will be […] More
Lockheed Martin has demonstrated the ability of its Patriot Advanced Capability‑3 Missile Segment Enhancement interceptor to intercept a live target using the U.S. Navy’s virtualized Aegis Weapon System at the company’s White Sands Missile Range facility in New Mexico. During the flight test, the PAC-3 MSE missile was fired from an MK-70 containerized launch platform […] More

A digital transformation team within Lockheed Martin Skunk Works has established an advanced visualization engineering facility in Palmdale, California, to provide a virtual environment for advancing engineering development. The Virtual Prototyping team's new Virtual Engineering Environment features computer-aided software and tools, including a large format PowerWall display system, to enable engineers to design, manufacture and test systems and processes virtually, Lockheed said Thursday.

Lockheed Martin has secured a $451 million contract to recapitalize additional multiple launch rocket system launchers for the U.S. Army to upgrade the military service’s fleet of M270 self-propelled launcher platforms. The company said Wednesday it will refurbish additional M270 systems to include the new common fire control system, improved armored cabs and new engines. […] More
Maxar Intelligence and Lockheed Martin will streamline the purchase and delivery of geospatial products for the F-35 fighter jet’s flight simulation and training platform under a new agreement. Maxar said Monday the long-term agreement with Lockheed seeks to standardize licensing, pricing and requirements for its products, including Dynamic imagery basemaps and Precision3D Data Suite, as […] More
Thomas Falk, formerly chairman and CEO of Kimberly-Clark, has been elected to join the board of directors at Lockheed Martin as independent lead director, succeeding Daniel Akerson, who retired after five years in the role. In his new role, Falk will preside over executive sessions of independent directors, approve agendas for board meetings and provide […] More

Lockheed Martin will collaborate with Intel and its newly launched standalone business Altera to build a sensor open systems architecture-based airborne electronic defense platform for the U.S. Navy's MH-60R multi-mission helicopter to support a program of the Office of the Undersecretary of Defense for Research and Engineering. Lockheed said Monday it will use Altera's Multi-Chip Package for integration with the SOSA technology under the Stimulating Transition for Advanced Microelectronics Packaging program.


Lockheed Martin has secured a $483 million follow-on contract from the U.S. Army to build air-to-ground missile systems for domestic and international military customers. The company said Monday it will provide procurement and production support for the Joint-Air-to-Ground Missiles and HELLFIRE missiles to the U.S. Army, Navy and the governments of the Czech Republic, France and Poland.

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