James Taiclet, president and CEO of Lockheed Martin, said acquiring Aerojet Rocketdyne will bring in propulsion systems for potential integration with Lockheed-built missile and rocket offerings, Via Satellite reported Monday. Taiclet told analysts Monday during a conference call he expects the transaction to support upfront design, production planning and engineering integration efforts at the Bethesda, Maryland-based aerospace and defense company.
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Lockheed Martin CEO James Taiclet said the company plans to forge commercial partnerships in 5G as it works to help the U.S. military and allies adopt and field next-generation mobile networks, Defense One reported Monday.
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Lockheed Martin CEO James Taiclet said he intends to pursue the use of 5G networks to strengthen the autonomous capabilities of military vehicles, Reuters reported Tuesday.
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Lockheed Martin reported net sales of $16.2 billion, net earnings of $1.6 billion and cash from operations of $2.2 billion for the second quarter of 2020.
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Jim Taiclet, chairman, president and CEO of Lockheed Martin, has received the first Wash100 Award of his long federal career for sustaining company growth through acquisition deals and contract wins, promoting support to supply chains during the COVID-19 pandemic, and advancing military technology and 5G. Visit Wash100.com to cast a vote for Jim Taiclet as the most significant executive of consequence to the GovCon sector.
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Eric Brown, senior director of military space mission strategy at Lockheed Martin, said the company is updating its satellite bus for the U.S. Air Force's GPS III follow-on satellite platform to facilitate hardware updates in orbit, SpaceNews reported Friday.
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