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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 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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Lockheed Martin's venture capital arm has made a strategic investment in weather intelligence provider Meteomatics to support the latter's product development and market expansion initiatives. Meteomatics said Thursday it will use the capital to scale its high-resolution weather and climate technology and expand its presence in the defense, energy, aviation, insurance and government sectors.

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The Earth and Space Observing Digital Twin, a collaboration between aerospace and defense company Lockheed Martin and multinational technology company NVIDIA, recently achieved a milestone when it demonstrated the ability to accurately display in a timely manner sea surface temperature with the help of artificial intelligence. Lockheed said Tuesday that the aim of the Digital Twin project is to provide the National Oceanic and Atmospheric Administration with a capability that can process and fuse weather data streams from various space and Earth sensors and display current global environmental conditions using that data.

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Lockheed Martin has handed over the 75th APY-9 radar for the U.S. Navy’s E-2D Advanced Hawkeye airborne early warning aircraft under a contract with Northrop Grumman. “As the primary sensor for the E-2D, the APY-9 radar has a long legacy of providing agile deterrence for enhanced 21st century security,” Chandra Marshall, vice president of Lockheed’s radar and sensor systems business, said in a statement published Monday.

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Lockheed Martin has handed over the 75th APY-9 radar for the U.S. Navy’s E-2D Advanced Hawkeye airborne early warning aircraft under a contract with Northrop Grumman. “As the primary sensor for the E-2D, the APY-9 radar has a long legacy of providing agile deterrence for enhanced 21st century security,” Chandra Marshall, vice president of Lockheed’s radar and sensor systems business, said in a statement published Monday.

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Lockheed Martin and Boeing have each won $66 million contracts from the U.S. Air Force for the first phase of a program aimed at procuring two satellites to augment the existing narrowband military satellite communications constellation. The contracts involve providing risk reduction and early design activities to minimize uncertainties and risks before progressing to the next phase of the Mobile User Objective System Service Life Extension program.

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Lockheed Martin and Red 6 are forming a strategic joint venture and are entering a mentor-protege agreement under the U.S. Small Business Administration Mentor-Protege Program. The two companies said Wednesday that the agreement will help with innovation, joint ventures, bidding and the exploration of future investments. The agreement will also provide Lockheed with access to […] More
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