Tag Archives: LMT

DoD, Lockheed Finalize $8.5B Deal for 90 Lot 10 F-35 Jets

TYSONS CORNER, VA, Feb. 7, 2017 — The Defense Department and Lockheed Martin (NYSE: LMT) have completed negotiations on an $8.5 billion contract for the production of 90 lot 10 F-35 fighter jets, GovCon Wire reported Monday. Reuters reported Friday the contract lowers the price … Continue reading

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Lockheed CEO Marillyn Hewson: Upcoming Contract to Mitigate F-35 Cost, Add Jobs

TYSONS CORNER, VA, Jan. 17, 2017 — Lockheed Martin (NYSE: LMT) has stated that it is on the verge of closing a deal on a new contract that will work to mitigate the costs for F-35 fighter jets as well as open 1,800 new … Continue reading

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CenturyLink Appoints Former Lockheed, Raytheon Exec Marcy Palus as Federal Contracts Mgmt VP

TYSONS CORNER, VA, Jan. 6, 2017 — CenturyLink (NYSE: CTL) has appointed Marcy Palus, Lockheed Martin‘s (NYSE: LMT) former vice president of contracts, as the telecommunications company’s VP of contracts management for the federal government solutions group, GovCon Wire reported Thursday. Palus, … Continue reading

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Lockheed to Continue F-35A Air System Integration Support to South Korea Under $450M Award

TYSONS CORNER, VA, Jan. 3, 2017 — The U.S. Navy has awarded Lockheed Martin (NYSE: LMT) a $450 million contract modification to extend the company’s integration support for South Korea’s F-35A air system, GovCon Wire reported Friday. The company will also … Continue reading

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Navy Looks to Purchase Boeing Super Hornets Amid Shortfall in Carrier-Based Strike Fighters

TYSONS CORNER, VA, Dec. 6, 2016 — The U.S. Navy plans to replace its Boeing-built (NYSE: BA) F/A-18 Hornet fighter jets with F/A-18E/F Super Hornets amid a shortage of strike fighters onboard aircraft carriers, GovCon Wire reported Monday. The military service’s Super Hornet … Continue reading

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Erich Sanchack to Succeed Tim Meehan as CenturyLink’s SVP of Federal Sales

TYSONS CORNER, VA, Oct. 31, 2016 — CenturyLink (NYSE: CTL) has appointed Erich Sanchack, former vice president of competitive enhancements at Lockheed Martin (NYSE: LMT), as senior VP of federal sales effective Nov. 1, GovCon Wire reported Tuesday. Sanchack will report directly … Continue reading

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