Lockheed Martin

June 18, 2013 - 12:35am
TPY-2

Raytheon’s AN/TPY-2 X-band mobile radar is one of the United States’ most powerful assets in the defense against ballistic missiles. That threat is an increasingly worrisome one: according to unclassified U.S. Missile Defense Agency data the number of such missiles outside the control of the U.S., NATO, Russia and China is around 6,300. That figure is forecast to grow to nearly 8,000 in the next decade.

June 17, 2013 - 2:55am
This chart explains Finmeccanica’s strategy to offer its expertise for earth monitoring and climate change; natural resources management; energy management, sustainable mobility; and healthcare and education.

If you look closely at the exhibits of the major aerospace and defense companies here this week, you will likely notice some unexpected capabilities on display. With their traditional defense businesses threatened by declining budgets, many of these companies are exploring “adjacent markets.”

This trend started with offers in the security and IT realms. But now they are extending to other areas, such as energy, environment and climate; food and water security; and natural disaster protection and response.

June 14, 2013 - 1:20pm

U.S. government procurement officials issued a “much improved” school report card on the management of the F-35 Lightning II stealth fighter program. Speaking to reporters after the annual conference of customer chief executives in Fort Worth, Frank Kendall, the Pentagon’s under-secretary for acquisition, technology and logistics, said there was “a remarkable change of tone” at the meeting compared with the one he attended a year ago. Lt. Gen.

June 10, 2013 - 11:00am

The deployment of Lockheed Martin’s formerly troubled en-route automation modernization (Eram) system should serve as an example of the program execution critical to the success of the complex NextGen ATC modernization effort, according to the company’s CEO, Marillyn Hewson.

June 7, 2013 - 10:30am

Responding to a requirement of the Fiscal Year 2013 defense authorization act, U.S. military services declared their planned initial operational capability (IOC) dates for the three variants of the Lockheed Martin F-35 Joint Strike Fighter (JSF) on May 31. The legislation required the services to establish IOC dates by June 1.

May 31, 2013 - 10:40am

A long list of major U.S. aerospace and missile defense systems that have been compromised by hackers was obtained by The Washington Post. The list was withheld from the publicly released version of a Defense Science Board Task Force report to the Pentagon on cyber threats last January. The report concluded that “the DOD is not prepared to defend against this threat.” According to senior industry and military officials contacted by the newpaper, most of the hacking was done by China.

April 15, 2013 - 12:35pm

Regarding the effects of sequestration on Flight Service Stations, contractor Lockheed Martin had this to say: “As we anticipated, it is taking time for our customers [the FAA] to determine how they will implement sequestration’s required cuts. We’re working closely with them as they explore a host of potential scenarios, although we still do not know exactly how our employees or many of our programs, including general aviation, will be affected.”

February 8, 2013 - 11:00am

Defense contractors flocked to Bangalore for the Aero India show this week, even as the Indian government confirmed that the years of plenty might be over. Defense minister A.K. Anthony confirmed that his spending would be cut in the fiscal year that starts in April, although not on “operational preparedness.”

December 14, 2012 - 12:30pm

Sales of U.S. military aircraft will fall by 2.4 percent this year to $58.2 billion, the lowest level since 2006, according to a preliminary estimate of the Aerospace Industries Association (AIA). Sales are expected to decline by another 10 percent in next year as budget cuts force the Pentagon to reduce procurement spending, the association said in its year-end review and forecast, released earlier this month.

November 23, 2012 - 7:30am

Managers and R&D specialists from the aerospace, defense and security (ADS) sector met in London last week to explore emerging adjacent markets, such as energy, environment and climate; food and water security; and natural disaster protection and response. Sponsored by EADS, Finmeccanica, Lockheed Martin, Northrop Grumman, Raytheon and Saab, the event was the third in a series organized by British consultantcy Dynamixx, in association with IHS.

 
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