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Army Solicits Bids From Bell, Sikorsky-Boeing Team for Future Long-Range...

The U.S. Army has issued a request for proposals to Textron’s (NYSE: TXT) Bell subsidiary and to the team of Lockheed Martin’s (NYSE: LMT) Sikorsky business and Boeing (NYSE: BA) as it launches the...

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John Mollard Named Lockheed Acting CFO

John Mollard, vice president and treasurer at Lockheed Martin (NYSE: LMT), has assumed the position of acting chief financial officer at the Bethesda, Maryland-based aerospace and defense contractor....

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Lockheed Board Approves $2.80 Dividend for Q3 2022

The board of directors at Lockheed Martin (NYSE: LMT) has approved a cash dividend of $2.80 per share for the third quarter of its 2022 fiscal year. Shareholders of record as of the close of business...

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Scott Greene to Retire as Head of Lockheed Missiles & Fire Control Business

Scott Greene, executive vice president of the missiles and fire control business segment at Lockheed Martin (NYSE: LMT), plans to retire from the company by Dec. 31 after a more than 41-year career....

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Lockheed Awarded $524M to Obtain Production Materials for Italian F-35 Lots...

Lockheed Martin (NYSE: LMT) has secured a $524.1 million contract modification from the U.S. Navy to obtain long-lead items, components and support services needed to build the 15th and 16th batches of...

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Lockheed Awarded $7.6B Contract Modification for Lot 15 F-35 Production

Lockheed Martin (NYSE: LMT) has secured a $7.63 billion contract modification to continue lot 15 production of F-35 fighter jets and technical hardware for U.S. and international defense customers. The...

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Lockheed Elevates Christopher Geiger to Internal Audit VP Post

Christopher Geiger, a 21-year veteran of Lockheed Martin (NYSE: LMT), has been promoted to a vice president position at the Bethesda, Maryland-based defense and aerospace contractor. He will be...

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Lockheed Unit Lands $111M Navy F-35 Reprogramming Contract Modification

Lockheed Martin‘s (NYSE: LMT) aeronautics segment will develop a common reprogramming tool for the F-35 program under a $111.1 million contract modification awarded by the U.S. Navy. The business will...

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State Department OKs Potential $700M Missile Sale to Switzerland

The State Department has cleared a potential $700 million sale of up to 72 modernized Patriot missile systems and associated equipment to the Swiss government. Lockheed Martin (NYSE: LMT) will serve as...

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Navy Awards Lockheed $214M IDIQ for Multinational Ship Combat System...

The U.S. Navy has awarded Lockheed Martin (NYSE: LMT) a $214.5 million contract to conduct initial engineering efforts for international partner vessels equipped with the Aegis combat system....

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