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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 allocated $1 million for grants on science, technology, engineering and mathematics programs of the Fort Worth Independent School District. Six additional schools will adopt a STEM curriculum for the school year 2015-2016 through the new investment under the government’s Project Lead The Way program, Lockheed said Wednesday. “This partnership gives our talented workforce the opportunity […] More
Lockheed Martin and Denmark-based Terma have extended an existing agreement for Terma to produce additional components for the F-35 fighter jet. Terma President and CEO Jens Maaloe and Lockheed’s Aeronautics Executive Vice President Orlando Carvalho signed the memorandum of understanding at the Paris Air Show, Lockheed said Monday. “Lockheed Martin has appreciated the good fortune […] More
Lockheed Martin has selected Hybrid Enterprises to act as exclusive reseller of an aircraft built to transport cargo loads and personnel to remote areas. Hybrid Enterprises is scheduled to begin deliveries of Lockheed’s Hybrid Airships by 2018, Lockheed said Tuesday. “We have completed all required [Federal Aviation Administration] certification planning steps for a new class of aircraft and are ready to […] More
Lockheed Martin‘s engineering and production technology projects have received three manufacturing awards from Frost & Sullivan’s Manufacturing Leadership Council. Orlando Carvalho, executive vice president for Lockheed Martin’s aeronautics business, said Thursday the technology uses “state of the art tools” in order to boost quality and assembly efficiency. “We are honored to be recognized as a leader in […] More
Lockheed Martin has unveiled a new variant of the C-130J Super Hercules military transport aircraft designed to meet international military special operations requirements. The company said Tuesday it built the C-130J SOF platform to help address demands related to the execution of international special operations forces missions. Orlando Carvalho, executive vice president of Lockheed’s aeronautics […] More
Lockheed Martin has partnered with Tata Advanced Systems to produce the newest configuration of the F-16 multirole fighter aircraft in India. The agreement seeks to give India the opportunity to manufacture, operate and export F-16 Block 70 as well as support technology supplier jobs in the U.S. and create new manufacturing jobs in India, Lockheed said Monday. F-16 Block […] More
Lockheed Martin has begun to work with President-elect Donald Trump’s transition team on the F-35 Lightning II fighter aircraft and other programs, Star-Telegram reported Thursday. Max Baker writes Orlando Carvalho, executive vice president of Lockheed’s aeronautics, said the company aims to provide information that can help the transition team make decisions regarding the F-35 program. “As we’ve done […] More
Lockheed Martin has launched the Fighting Spirit Scholarship program designed provide sports-related scholarships for injured and disabled veterans. The company said Tuesday it will sponsor scholarships to Able Flight’s flight school and Warrior Sailing Program’s basic and advanced training courses for two veterans. One of the veterans will attend Able Flight’s six-week flight program at Purdue University’s department of aviation technology and […] More
Lockheed Martin has launched its new Advanced Pilot Training facility in South Carolina that will house a Ground-Based Training System and tooling equipment to support the final assembly of the T-50A trainer aircraft. The company said Tuesday the Ground-Based Training System serves to provide a training platform for T-50A pilots. Orlando Carvalho, Lockheed’s executive vice president for the aeronautics business, said the company will work […] More
Lockheed Martin‘s F-22 Raptor program has received the Air Force Association’s John R. Alison Award for 2015 at the Air and Space Conference and Technology Exposition in September. Lockheed said Wednesday Executive Vice President Orlando Carvalho of its aeronautics business accepted the award on behalf of the company. This is the fourth John R. Alison Award for Lockheed and its heritage companies, the […] More

Michele Evans, who assumed the role of executive vice president for Lockheed Martin’s aeronautics business area in October 2018, has discussed the company’s efforts to reduce the price of the F-35 Lightning II aircraft and other plans for the fighter jet program, the Dallas Business Journal reported Wednesday. Lockheed plans to lower the price of the F-35A variant to $80M by 2020, according to the report.

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Lockheed Martin has entered into an agreement with Terma that provides the latter options to pursue additional component production opportunities with the F-35 Lightning II Joint Strike Fighter program beyond existing contracts. Denmark-based Terma said Wednesday it seeks to continue to provide F-35 composite and bonded assembly work through low-rate initial production and full-rate production. The agreement follows news of Denmark’s decision in June to proceed […] More
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