Latest Federal & Government Contracting Companies' News Coverage

Latest Federal & Government Contracting Companies' News Coverage

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Lockheed Martin CEO Marillyn Hewson has said the company and the Defense Department are engaged in a “complex negotiation“ over the next contract to build the 11th batch of 130 F-35 fighter jets. “Our government customer needs to understand the cost,“ Hewson told CNBC in an interview posted Thursday. “We need to make sure that we […] More
Lockheed Martin CEO Marillyn Hewson told CNBC in an interview posted Wednesday that she believes the company will continue to be a part of every mission to Mars. Hewson mentioned the InSight lander and the Orion deep space exploration spacecraft as two of Lockheed“™s projects with NASA that seek to support the company“™s involvement in future missions to the […] More
Lockheed Martin CEO Marillyn Hewson has said the company continues to work with industry partners to lower the F-35A aircraft“™s price to $80 million per fighter jet by 2020. Hewson said in her speech delivered Monday at Lockheed“™s media day event in Arlington, Virginia, that the company delivered 66 F-35s in 2017 and is on schedule to deliver at least 90 […] More
Marillyn Hewson, chairman, president and CEO of Lockheed Martin, has received the 39th Howard Hughes Memorial Award from the Aero Club of Southern California in recognition of her accomplishments as an aerospace industry executive. Lockheed said Thursday the Howard Hughes Memorial Award was established in 1978 and is presented annually to an aerospace leader who has “significantly” contributed to […] More
Jeh Johnson, former secretary at the Department of Homeland Security, and American Tower CEO James Taiclet Jr. have been elected to join Lockheed Martin‘s board of directors effective Jan. 1. “Jeh’s experience in acquisition and government operations and Jim’s aerospace and global perspective will help advance our ability to anticipate and exceed our customers’ expectations,” Marillyn Hewson, Lockheed […] More
Lockheed Martin has partnered with Saudi Arabia-based King Abdullah University of Science and Technology to conduct research and development projects that will support the country’s Saudi Vision 2030 objectives, Saudi Gazette reported Wednesday. The master research agreement calls for the company and university to explore technology that will have potential applications across multiple industries. Lockheed CEO Marillyn Hewson […] More
Marillyn Hewson, president, CEO and chairperson of Lockheed Martin, has convened the student finalists of an unmanned aerial system payload design challenge held in Dubai in the United Arab Emirates. The company said Friday the year-long program conducted in partnership with Mubadala Investment seeks to engage UAE-based university students to generate ideas in science, technology, engineering and mathematics […] More
Vice President Mike Pence toured the Colorado campus of Lockheed Martin‘s space systems business to visit NASA‘s future Mars probe and the U.S. Air Force‘s latest global positioning system satellites, the Denver Business Journal reported Thursday. Company CEO Marillyn Hewson and Lockheed Martin Space Systems Executive Vice President Rick Ambrose joined Pence and Air Force Secretary Heather […] More
Lockheed Martin CEO Marillyn Hewson has said the company’s 2018 orders and backlog levels could take a hit if Congress passes another stopgap measure to fund U.S. government operations, CNBC reported Tuesday. Hewson, an inductee into Executive Mosaic“˜s Wash100 for 2017, stated at Lockheed’s third-quarter earnings conference call that the company expects its 2017 financials to remain unaffected by the […] More
Marillyn Hewson, chairman, president and CEO of Lockheed Martin, has said the company welcomes President Donald Trump’s memorandum that seeks to examine if China’s trade policies lead to the theft of intellectual property from U.S. businesses. Hewson, an inductee into Executive Mosaic‘s Wash100 for 2017, said in a statement published Monday on the White House […] More
Lockheed Martin CEO Marillyn Hewson said during a conference call Tuesday that she expects Congress to reach a defense budget deal for the remaining months of fiscal 2017, Orlando Sentinel reported Tuesday. Marco Santana writes Hewson added lawmakers should work to ensure a continuous flow of funds to all military branches. “We, as a nation, need to recognize these threats and […] More
Lockheed Martin CEO Marillyn Hewson has said the company aims to reduce the price of the F-35A fighter jet to $85 million or lower per aircraft by 2019 as part of its goal to save over $5 billion on the F-35 program. Hewson said in a speech delivered Tuesday at Lockheed“™s media day event in Arlington, Virginia, […] More
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