Update 2-Lockheed wins $6.4 bln US satellite project
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Lockheed Martin Corp. (LMT.N: Quote, Profile, Research) has been chosen to lead a $6.4 billion Navy satellite project aimed at boosting US forces&#39; communications capabilities tenfold, the Pentagon said Friday.
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Lockheed Martin Corp , the  world's largest defense contractor, said on Tuesday  third-quarter profit rose 22 percent, helped by higher sales of  its jet fighters and electronic warfare systems.
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Raytheon Co. RTN.N was awarded a  contract worth as much as $1.6 billion for full-rate production  of about 2,200 Tomahawk Block IV cruise missiles, the company  and the U.S. Department of Defense said on Wednesday.
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OWEGO, United States : A group of technology and telecommunications heavyweights led by Lockheed Martin Corp has won a potential three billion dollar contract from the US Postal Service to revamp its vast data communication networks, Lockheed Martin said.
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NEW YORK (CBS.MW) - Defense giant Lockheed Martin Corp. on Tuesday reported a sharp increase in third-quarter profit as sales rose in aerospace and most other key segments.
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The U.S. Navy will soon announce  whether Lockheed Martin Corp. LMT.N or Raytheon Co. RTN.N  will build a $6.4 billion communications system to beef up  satellite services for U.S. troops, the White House and State  Department, a spokesman said on Tuesday.
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Chicago-based Boeing Co. BA.N has  won a $928 million contract to field the ground-based midcourse  defense part of a planned U.S. missile defense shield, the  Pentagon announced on Monday.
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Lockheed Martin Corp. will take a fourth-quarter after-tax charge of about $110 million, or about 25 cents per share, for damages and costs from a court decision rejecting its request to overturn a contract&#39;s termination, the No.
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(InfoWorld) - U.S. government contractor Lockheed Martin has begun to move part of its network to IPv6 (Internet Protocol version 6) as a way of showing customers how to make the transition, the company said. The White House's Office of Management and Budget in 2005 mandated that all government agencies upgrade their network backbones to IPv6 by 2008, and Lockheed Martin's project is meant as an example, said Frank Cuccias, director of the company's IPv6 Center of Excellence. "We're doing this to show customers that it can be done and how to do it the right way," Cuccias said late Wednesday. "We're continually looking to bleeding-edge technologies to see if they can be leveraged for our customers." Lockheed Martin's transition to IPv6 started earlier this year, Cuccias said. The first phase of the transition will convert 10 nodes on the company's Global Vision Network (GVNet), between California and the U.K. The first phase, which will convert a small piece of GVNet, should be finished by late this year, a Lockheed Martin spokesman said. The U.S. Department of Defense has led the push toward IPv6, and Lockheed Martin's conversion can help with the DOD's focus on net-centric warfare, Lockheed Martin said. "We see the enterprise as more than routers, switches, servers, etcetera," Cuccias said. "We see satellites, aircraft, missiles, and sensors as part of the enterprise." Several customers have approached Lockheed Martin about testing their applications and network designs on its IPv6 network, he said. Lockheed Martin is a long-time defense contractor that also focuses on electronic and information systems. The company, based in Bethesda, Maryland, reported sales of $39.6 billion in 2006.
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The U.S. Navy will soon announce whether Lockheed Martin Corp.  or Raytheon Co.  will build a &#36;6.4 billion communications system to beef up satellite services for U.S. troops, the White House and State Department, a spokesman said on Tuesday.
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NEW YORK, October 4  - A group led by Lockheed Martin (LMT.NYS) has been selected by the US Postal Service to provide managed network services across the entire Postal Service enterprise in a deal estimated to be worth $3 billion.
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THE WINNER: Lockheed Martin Corp. beat out a competing team made up of Northrop Grumman Corp. and Boeing Co. for a contract to design and build the next-generation crew exploration vehicle, Orion, which NASA hopes returns astronauts to the moon by 2020, and later to Mars.
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Two large military contractors, the Lockheed Martin Corporation and the Northrop Grumman Corporation, reported higher fourth-quarter profits on Thursday, both citing strong military and civil electronics business.
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NASA on Thursday gave a multibillion dollar contract to build a manned lunar spaceship to Lockheed Martin Corp., the aerospace leader that usually builds unmanned rockets.
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NASA named a consortium led by US aerospace giant Lockheed Martin Corp. to design and build a new spacecraft that will take astronauts back to the moon.
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The Lockheed Martin Corporation and the Northrop Grumman Corporation, two of the worldâs biggest military contractors, reported higher-than-expected second-quarter profit yesterday as a result of strong fighter jet, technology and satellite sales.
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Lockheed Martin Corp. has won a   five-year, $3.9 billion contract to build a capsule-like U.S.   spacecraft called Orion to take humans back to the Moon and   beyond, the National Aeronautics and Space Administration said   on Thursday.