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Latest Federal & Government Contracting Companies' News Coverage

Latest Federal & Government Contracting Companies' News Coverage

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Lockheed Martin has secured a seven-year, $71.3 million contract from the U.S. Navy to deliver performance-based logistics for the Consolidated Automated Support System family of testers that supports naval aviation systems at the intermediate maintenance level. Additionally, the Department of Defense said Thursday the contractor will offer repair services for the Navy, Marine Corps and foreign military sales customers.

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Robert Lightfoot, president of Lockheed Martin Space, said the company is looking to partner with more space businesses that are working on small satellites and intelligence, surveillance and communications payloads to meet the increasing demand within the government market for resilient space-based capabilities. “We’re looking for strategic partners," Lightfoot, a three-time Wash100 awardee, told the publication at a conference on Tuesday. "We're interested in talking with anyone who has an advantage in those areas from a space perspective."

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General Atomics' electromagnetic systems division has secured a contract from Lockheed Martin's space business arm to build and deliver missile warning, tracking and defense payloads for integration into the Space Development Agency's Tranche 2 Tracking Layer satellites. GA-EMS will produce 16 wide-field-of-view missile warning and tracking infrared payloads and two fire control and missile defense infrared payloads for integration into the 18 satellites Lockheed is building for the Proliferated Warfighter Space Architecture's tracking layer, General Atomics said Monday.

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Very Low Earth Orbit satellite builder Albedo has expanded its strategic advisory board, which was formed in May 2023. Rick Ambrose, former executive vice president of the space business at Lockheed Martin, and retired U.S. Army Lt. Gen. Pat O'Reilly, vice president of corporate strategy at L3Harris Technologies, are the new members of the advisory board, Albedo said Monday.

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Lockheed Martin and the U.S. Army demonstrated the extended-range variant of the Guided Multiple Launch Rocket System during an operational test at White Sands Missile Range in New Mexico, paving the way for the rocket to move to the fielding and production phase. Two ER GMLRS rockets were fired from the Army's High Mobility Artillery Rocket System launcher against a target and met missile performance criteria in terms of flight trajectory, range and accuracy from launch to impact, Lockheed said Thursday.

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Lockheed Martin has completed the first knowledge point of the Missile Defense Agency's Next Generation Interceptor program, marking an acquisition milestone for the modernized missile defense system. The KP1 stage involved the assessment of the program's design review milestones, technology maturation, manufacturing readiness and use of the NGI Software Factory, Northrop said Wednesday.

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Millimeter wave power amplifier maker Elve has announced the completion of its Series A funding round and raising $15 million from an investor group led by TomEnterprise Private AB and joined by Lockheed Martin Ventures. The Davis, California-based firm company said Thursday it will use the fresh funds to grow its customer base in the space connectivity market and increase manufacturing capabilities.

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Frank St. John, chief operating officer at Lockheed Martin, said the company's digital transformation initiative called 1LMX has been instrumental in ramping up production of high-demand defense systems, including High Mobility Artillery Rocket Systems, Javelin antitank weapons, Guided Multiple Launch Rocket Systems and PAC-3 missiles. "In 2024, we are on track to double HIMARS production, have increased Javelin’s production to 2,400 units per year and will deliver more than 10,000 GMLRS," St. John said in a statement published Thursday.

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Lockheed Martin has declared its Pony Express 2 technology demonstration mission ready for launch. Lockheed said Thursday that the mission involves the use of two 12U Renegade-class space vehicles provided by Terran Orbital to carry payloads that would showcase several capabilities.

Top military leaders, defense experts and policymakers will come together at the Potomac Officers Club's Achieving Transformative Cooperation for National Defense Forum to explore the future of Combined Joint All-Domain Command and Control. Register now to join this important event.

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Executive Mosaic is honored to present Maria Demaree, vice president and general manager of national security space at Lockheed Martin's space business, as an inductee into the 2024 edition of the Wash100 Award for driving space-focused innovation and advancing the development of integrated platforms in support of national security missions.

Vote for Demaree as your favorite GovCon leader as part of the 2024 Wash100 popular vote competition! Voting closes on April 30, so visit Wash100.com to cast your ten votes today.

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