Latest Federal & Government Contracting Companies' News Coverage
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
The Aerospace Industries Association has named at least 20 executives from the government contracting sector to its board of governors for 2018. Thomas Kennedy, chairman and CEO of Raytheon, will succeed Boeing CEO Dennis Muilenburg as chairman of AIA, the trade group said Monday. William Brown, chairman, president and CEO of Harris, will serve as […] 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
The German air force has indicated a preference for Lockheed Martin-built F-35 Joint Strike Fighter aircraft to replace the service’s fleet of Tornado fighter jets, Jane’s 360 reported Wednesday. A senior official from Germany’s air force told Jane’s 360 that the military branch has shortlisted potential Tornado replacements and it believes F-35 meets most program requirements and offers […] More
Defense contractors such as Lockheed Martin, Northrop Grumman and Boeing have started to step up efforts to compete in the space segment as they see new business opportunities in the market, Space News reported Thursday. Bruce Tanner, chief financial officer at Lockheed, said at an earnings call Tuesday the company intends to spend up to […] 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
Several government contracting industry leaders have commended President Donald Trump“™s move to sign a memorandum on China“™s trade practices. The White House memo would authorize the U.S. trade representative to decide whether to conduct an investigation into China“™s alleged theft of U.S. intellectual property, The Hill reported Monday. “Safeguarding our intellectual property against nation-state sponsored […] 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
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