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Tag Archives: lockheed martin corp.

5 things to know about Lockheed Martin’s acquisition of Sikorsky

Lockheed Martin will acquire helicopter manufacturer Sikorsky Aircraft for $9 billion, the Bethesda-based military contractor announced Monday. United Technology Corp. said last month that it planned to sell Sikorsky to help simplify its eclectic mix of businesses. Industry competitors Boeing, ...

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Lockheed Martin’s space station cargo contract extended

Lockheed Martin's contract to provide cargo for the the International Space Station -- ranging from science hardware to food and the crew's personal items — has been extended by NASA for another year. The one-year extension is valued at $23 million. Currently, Bethesda-based Lockheed Martin maintains more than 3 million items destined for the station.

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Lockheed’s Kalva wins executive award

Mahesh Kalva, of Lockheed Martin Information Systems & Global Solutions in Rockville, received the Asian American Executive of the Year Award during the Asian American Engineer of the Year awards last weekend. Kalva leads technology and engineering for a business ...

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Lockheed Martin settles pension plan lawsuit for $62M

Lockheed Martin Corp., the Bethesda-based aerospace company, agreed to pay $62 million to end a lawsuit over claims it shortchanged 120,000 workers and retirees who participated in its pension plans. The beneficiaries accused the defense contractor of subjecting them to ...

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Lockheed orders Northrop’s new radar

Northrop Grumman has received an order for 142 of a new radar system from Lockheed Martin for Lockheed’s F-16 fighter jets, Northrop announced. Northrop Grumman’s APG-83 Scalable Agile Beam Radar, from the company’s Baltimore location, completed design reviews four months ...

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