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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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

Executive Mosaic is honored to announce that Jim Taiclet, chairman, president and CEO of Lockheed Martin, has been named a 2022 Wash100 Award recipient for his leadership to drive company growth through significant contract awards and acquisitions as well as advancing IT modernization efforts, including 5G capabilities and other areas of commercial technology. This marks […] More

Jim Taiclet, chairman, president and CEO of Lockheed Martin and a 2022 Wash100 Award recipient, said the company could explore other merger and acquisition opportunities if the Aerojet Rocketdyne deal fails to materialize, Breaking Defense reported Thursday. In late January, the Federal Trade Commission filed a suit to block Lockheed’s planned $4.4 billion acquisition of […] More

Jay Malave, a former L3Harris Technologies executive who is an aerospace and defense industry veteran, has been named chief financial officer at Lockheed Martin. Malave’s career spans three decades and multiple senior-level financial roles in public and private sector organizations. Jim Taiclet, president and CEO of Lockheed and a 2022 Wash100 Award winner, said Tuesday the new […] More

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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Airbus will use a manufacturing facility in Arkansas to produce the aerial refueling boom system for Lockheed Martin’s offering for a U.S. Air Force strategic tanker program. The Arkansas-built boom system will be integrated into the LMXT strategic tanker aircraft during the second phase of the plane’s assembly and configuration process, Lockheed said Wednesday. The […] More

President Joe Biden held a virtual meeting on Monday with Deputy Defense Secretary Kathleen Hicks, Lockheed Martin CEO Jim Taiclet and other corporate executives to call for the passage of a bill that seeks to increase semiconductor production in the U.S., Defense News reported Monday. “The CHIPS-Plus Act will help us substantially return leading-edge microelectronics […] More

Executive Mosaic, a leading media and events company in the government contracting sector, announced the recipients of its 2022 Wash100 Award and is now accepting votes to determine the top 10 leaders among the selected individuals who drove innovation in the federal landscape and demonstrated the potential to impact the government and GovCon industry. Visit […] More