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Latest Federal & Government Contracting Companies' News Coverage
Lockheed Martin has made an offer to India for the manufacture of F-16 fighter jets in the country in an effort to help upgrade the Indian defense sector, Bloomberg reported Thursday. Phil Shaw, CEO of Lockheed’s Indian unit, said the company’s CEO and President Marillyn Hewson opened the deal’s possibility to Indian Prime Minister Narendra Modi in […] More
Lockheed Martin and Sikorsky held an event Friday to formally mark their combination, a week after Lockheed closed its approximately $9 billion acquisition of the helicopter manufacturing business from United Technologies Corp. “Today is the beginning of an exciting new period for our company,” Marillyn Hewson, Lockheed chairman, president and CEO, said Friday. “Sikorsky’s strong […] More
Lockheed Martin has rolled out the first F-35A fighter jet for Norway’s military during a ceremony held in Fort Worth, Texas. Marillyn Hewson, Lockheed chairman, president and CEO, said Tuesday the F-35A seeks to “provide the strength†Norway needs to address threats in the north. “It is the only aircraft with adequate range, persistence, sensors and advanced communications to […] More
Lockheed Martin will retain its government cybersecurity business as the company looks to potentially separate many of its information technology and technical services segments, CEO Marillyn Hewson told Defense News in an interview posted Monday. The company’s commercial cyber business is part of Lockheed’s IT and technical services business review, she said. “Market dynamics and changing customer priorities have made it clear that these […] More
Lockheed Martin continues with its efforts to utilize technologies that work toward addressing the issue of climate change through partnerships with companies such as Kampachi Farms, The Washington Post reported Friday. Christian Davenport and Amrita Jayakumar write that the efforts align with the Defense Department‘s declaration that climate change presents a threat to national security. Lockheed’s energy […] More
Marillyn Hewson, CEO of Lockheed Martin, said she believes the company’s teaming agreement with Boeing to pursue a U.S. Air Force bomber development contract represents a “very important opportunity” for both companies, Air Force Times reported Wednesday. Brian Everstine writes the Air Force’s upcoming competition would pit the Boeing-Lockheed team against Northrop Grumman, the incumbent […] More
Darrell Durst, vice president of operations for defense and intelligence services at Lockheed Martin, has described how the company defended its infrastructure from cyber attacks in 2014, Military Embedded Systems reported Wednesday. Durst said Lockheed worked to stop the attacks as they happened and safeguarded the company’s assets before sharing cyber threat data with government authorities for legal actions, John […] More
Lockheed Martin CEO Marillyn Hewson has stated that the company’s business growth strategy works to align with current trends in the global security landscape to address industry challenges and meet customer needs. Hewson outlined the strategy in a media day event to highlight its technology investments and product and service portfolio in line with these trends, Lockheed said Wednesday. “The global landscape […] More
Lockheed Martin has opened an innovation center in Abu Dhabi, United Arab Emirates to facilitate technical collaboration among industry, academia and government organizations. The Center for Innovation and Security Solutions is located in Masdar City’s incubator building and aims to build new technologies to address global problems such as climate change and resource scarcity, Lockheed […] More
Lockheed Martin CEO Marillyn Hewson has highlighted the company’s partnership with the Energy Department, universities and industry in addressing the challenges in the energy sector and encouraging careers in science, technology, engineering and math. Hewson said Tuesday in her address during the first anniversary of DOE’s Minorities in Energy project that Lockheed supports the agency in meeting the energy needs […] More
Lockheed Martin CEO Marillyn Hewson has said the company can help with security, growth and sustainability initiatives to maintain the partnership and collaboration between the U.S. and Japan. “[It] is our shared values, our collaboration and our commitment to each other that will allow us to overcome these challenges successfully,” she said in her U.S.-Japan Council conference keynote address published Friday. […] More
Sergio Torres, Edward Jimenez and Ruben Herrera of Lockheed Martin were among those recognized on the sidelines of the Hispanic Engineer National Achievement Awards Conference for their contributions to the engineering community. Marillyn Hewson, chairman, president and CEO of Lockheed Martin, delivered a speech at the Oct. 3 conference that congratulated the honorees and tackled the significance […] More
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