Paul Colonna, former executive vice president and chief investment officer of the fundamental equities group at State Street Global Advisors, will join Lockheed Martin on Jan. 7 as president and CIO of its investment management arm. Lockheed said Monday Colonna will succeed Chris Li and oversee the subsidiary’s portfolio, investment strategies, manager selection, risk …

Lockheed Martin and Universal Synaptics have partnered to leverage an automated testing platform in efforts to help the Department of Defense address intermittence in electronics used on military aircraft, ground vehicles and ships. Both companies agreed to utilize Universal Synaptic’s Intermittent Fault Detection tool to identify fault anomalies in multidomain platform electronics …

A Lockheed Martin-led industry team launched the U.S. Navy‘s 19th littoral combat ship into the Menominee River in Wisconsin during a ceremony held Saturday. Barbara Broadhurst Taylor, the ship’s sponsor and daughter of a decorated pilot during World War II, led the USS St. Louis christening at a Fincantieri Marinette Marine-owned …

Lockheed Martin will provide software development and help desk support for the U.S. Army under a potential two-year, $40.4M contract. The cost-plus-fixed-fee contract includes product updates, analysis, design, integration, testing, fielding and exercise support, the Department of Defense said Thursday. Contract work will take place in Orlando, Fla., and is …

Lockheed Martin has finished encapsulation of the first GPS III satellite the company has built for the U.S. Air Force as part of pre-launch preparations at a facility in Titusville, Fla. GPS III Space Vehicle 01 is scheduled to lift off Dec. 18 at Cape Canaveral Air Force Station aboard a SpaceX Falcon 9 rocket, …

The Missile Defense Agency and the U.S. Navy have conducted an on-land test to demonstrate the capability of Lockheed Martin’s latest Aegis Combat System to detect and counter an intermediate-range ballistic missile threat. Aegis Baseline 9.B2.0 or BMD 5.1 intercepted an IRBM target using ground-based remote sensor data derived from the Command and Control, Battle …

A Lockheed Martin-led industry group has wrapped up a series of acceptance trials of the U.S. Navy‘s eighth Freedom-variant littoral combat ship in Lake Michigan. USS Billings (LCS-15) underwent maneuverability tests and demonstrations of the ship’s combat systems against surface and aerial threats as well as aviation support and small boat launch-and-recovery …

Lockheed Martin aims to deliver a long-range discrimination radar for installation at Clear Air Force Station in Alaska by 2020 under a contract with the Missile Defense Agency, Defense News reported Sunday. The LRDR system is currently under development at a company facility in Moorestown, N.J., and designed to operate with ground-based interceptors …

Lockheed Martin, looking to sustain over 300,000 fielded training aids, devices, simulators and simulations of the U.S. Army under a seven-year, $3.5B contract, has signed a deal to use some 2,600 user licenses of IFS Applications‘ supply chain and logistics software. IFS said Thursday its products are geared toward providing …

A team composed of Lockheed Martin, GeoNorth Information Systems and the University of Alaska Fairbanks will support the National Geospatial-Intelligence Agency‘s surveillance project in the Arctic region under a potential $15 contract. The Arctic GeoData Cooperative aims to create, monitor, update and maintain Arctic terrain elevation models for the NGA with the use of …

Lockheed Martin has developed at its Cape Canaveral, Fla.-based facility a lunar habitat prototype for NASA’s lunar Gateway that is slated for launch by 2024, Denver Business Journal reported Wednesday. The space agency plans to award in the fall of 2019 a contract to build the Gateway platform, which will …

Jeff Babione, general manager for Lockheed Martin‘s Skunk Works business, has said the company plans to recruit new employees in response to the increase in defense and aerospace work, Inside Defense reported Tuesday. He said Skunk Works intends to extend job offers in universities and employ 50 to 60 engineers …

Lockheed Martin and Airbus have agreed to team up to meet the aerial refueling requirements of U.S. defense agency clients. “Reliable and modernized aerial refueling is an essential capability for our customers to maintain their global reach and strategic advantage,” Marillyn Hewson, Lockheed chairman, president and CEO, said in a …

The Lockheed Martin-built Origins, Spectral Interpretation, Resource Identification, Security-Regolith Explorer arrived Monday at the asteroid Bennu after a 1.2B-mile journey. NASA said Tuesday its navigation team will use preliminary survey data to prepare for OSIRIS-REx’s entrance to the potentially hazardous asteroid’s orbit on Dec. 31 to collect two ounces of regolith samples. The …

The Defense Advanced Research Projects Agency has tested portable systems from CACI and Lockheed Martin as part of a program that seeks to help small, dismounted units obtain situational awareness across multiple domains. CACI’s BIT Systems subsidiary and Lockheed’s missiles and fire control business have developed technologies for infantry squads to synchronize maneuvers and …