Lockheed will not protest U.S. decision on ICBM replacement contract
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September 1, 2017 11:01 AM EDT
Naval Air Systems Command, Patuxent River, Maryland, has awarded Lockheed Martin (NYSE: LMT) a Low Rate Initial Production (LRIP) Lot 1 contract to build two production CH-53K King Stallion helicopters. This contract follows the April 4, 2017, Milestone C decision by the Defense Acquisition Board (DAB) approving LRIP production.
"Gaining the U.S. Marine Corps approval to enter into production and the award of the first contract are milestones made possible by the tremendous achievements of the... More
August 30, 2017 1:02 PM EDT
Lockheed Martin (NYSE: LMT) has appointed Stephanie C. Hill, 52, senior vice president for Corporate Strategy and Business Development and a corporate officer effective September 11, 2017.
In her new role, Hill will be responsible for global business strategies and overseeing the corporation's efforts in identifying, assessing, qualifying, and pursuing new business opportunities.
"Stephanie is an experienced... More
