BAE Systems will develop parts in Nashua, N.H. for Lockheed Martin‘s F-35 Joint Strike Fighter under a multi-million dollar award contract, as reported by the New Hampshire Union Leader. Lockheed was recently awarded a $485 million contract to develop the F-35 and parts for the aircraft are made in New Hampshire. The contract reserves 8 [...]
January 5th, 2012 | Filed under News | Read More »
Harris Corp. has been awarded a contract from the Air Force Space Command’s space and missile systems center to provide technical engineering and support for the defense meteorological satellites program‘s ground system, which collects weather information for the U.S. military. The $25 million contract includes one base year and four one-year options. Harris, the system’s [...]
November 16th, 2011 | Filed under News | Read More »
Lockheed Martin Corp. has announced its acquisition of Sim-Industries B.V., a commercial aviation simulation company located in the Netherlands. Founded in 2004, Sim-Industries develops and manufactures civil aviation flight simulators for both airline customers and independent pilot training centers. “This acquisition demonstrates Lockheed Martin’s commitment to expand in adjacent markets with strong, long-term growth prospects [...]
November 4th, 2011 | Filed under News | Read More »
The British military has selected Lockheed Martin as the lead on a $1 billion contract, part of a major $1.6 billion upgrade of the British army’s Warrior Armoured Fighting Vehicle. Lockheed will be responsible for upgrades and enhancements that will extend the vehicles’ service life beyond 2040. “We are delighted that the MoD has selected us to [...]
October 25th, 2011 | Filed under News | Read More »
David Kier was named Arete Associates president and CEO in 2009 and has served as chairman of the company’s board of directors since 2004. Previously, Kier was vice president for Lockheed Martin’s force protection activities. In that role, he was responsible for establishing programmatic strategy to support the Missile Defense Agency. Kier was a public [...]
September 16th, 2011 | Filed under Executive Spotlight | Read More »
Lockheed Martin (NYSE: LMT) expressed support for House and Senate NASA oversight committees as Congress moves forward on a new spending plan for NASA free of bi-partisanship. As the legislation moves forward, there is a marked increase in the possibility for “a robust human space flight program” and the Orion crew exploration vehicle to help [...]
August 2nd, 2010 | Filed under General | Read More »
What do two U.S. Air Force officers do upon retirement? If you’re Phil Soucy and Tom McMahan, you start your own company. Combining their vast experience in stealth technology, low observables — aircraft like the B-2 and F-117 — and systems engineering, the two launched Modern Technology Solutions, Inc., in 1993. Sixteen years later, the [...]
September 1st, 2009 | Filed under Executive Spotlight | Read More »