Sign In
Search
Business/Financial

Lockheed Martin Maintaining Close Oversight Of Supply Chain Amid Pandemic

Cal Biesecker By
SHARE:
Lockheed Martin Maintaining Close Oversight Of Supply Chain Amid Pandemic
Lockheed Martin Chairman, President and CEO Marillyn Hewson. Photo: Lockheed Martin

Supplier challenges stemming from the ongoing COVID-19 pandemic have already hit Lockheed Martin’s [LMT] Aeronautics segment, particularly with regard to the F-35 fighter program, and the company is closely monitoring supplier and government impacts to its business from the virus, company officials said on Tuesday. The company’s supply chain is the area being watched “most closely,” Marillyn Hewson, Lockheed Martin’s chairman, president and CEO, said during a first quarter earnings call. Lockheed Martin trimmed its sales outlook for 2020 by…

Subscriber-only content. Please log in below.

Not a subscriber or registered user yet?

Please contact us at clientservices@accessintel.com or call us at 888-707-5814 (Monday – Thursday 9:00 a.m. – 5:30 p.m. and Friday 9:00 a.m. – 3:00 p.m. ET.), to start a free trial, get pricing information, order a reprint, or post an article link on your website.

Recommended

Business/Financial

Parsons Acquires Altamira For $375 Million, Strengthening Defense And Intelligence Work

Business/Financial

Lockheed Martin, Saildrone Eye Missile Launch From USV This Summer During RIMPAC

Business/Financial

Anduril Expanding In Southern California With 1.2 Million Square Feet Of Space

Business/Financial

Record F-35 Deliveries, PAC-3 Production Framework Show Lockheed Martin Stepping Up, Hegseth Says

Trending

Appropriators Fund More Multi-Years For Munitions, But Not All Of DoD’s ‘Very Late’ Request
Blue Origin Reveals TeraWave LEO/MEO Constellation For Enterprise, Government Connectivity
Hypersonic Testing Company Stratolaunch Raises New Capital
Appropriators Direct F/A-XX EMD Contract Award While Boosting Funding To Nearly $1 Billion
Minibus That Funds NNSA Passes Senate, Heads To Trump’s Desk

Contract Updates

R&M Government Services (Las Cruces, New Mexico) – $23,894,784

R&M Government Services,* Las Cruces, New Mexico, has been awarded a maximum $23,894,784 firm-fixed-price, indefinite-quantity contract for battery compartments. This was a sole-source acquisition using justification 10 U.S. Code 3204 (a)(1), as stated in the Federal Acquisition Regulation 6.302-1. This…

L3Harris Technologies Inc. (Clifton, New Jersey) – $9,571,947

L3Harris Technologies Inc., Clifton, New Jersey, is being awarded $9,571,947 for a firm-fixed-price contract for the procurement of 74 radio frequency amplifiers in support of Navy F/A-18E/F/G aircraft. The contract does not include an option provision. All work will be…

Sikorsky Aircraft Corp. a Lockheed Martin Co. (Stratford, Connecticut) – $21,600,000

Sikorsky Aircraft Corp., a Lockheed Martin Co., Stratford, Connecticut, is awarded a not-to-exceed $21,600,000 cost reimbursable undefinitized order (N0001926F1016) against a previously issued basic ordering agreement (N0001923G0002). This order provides for instantaneous access to 105% Transient Engine Torque test and…

Amentum Mitie Pacific LLC (Chantilly, Virginia) – $85,236,794

Amentum Mitie Pacific LLC, Chantilly, Virginia, is awarded an $85,236,794 fixed-price-award-fee, indefinite-delivery/indefinite-quantity contract for base operating support services at Navy Support Facility, Diego Garcia. Work will be performed at Diego Garcia, British Indian Ocean Territory, and is expected to be…

The Force Multipliers

Force Multipliers

Jags Kandasamy – Latent AI

Force Multipliers

Force Multipliers – Krista McKendree

Force Multipliers

Force Multipliers – Fred Taylor

Force Multipliers

Force Multipliers – Adam Maruyama

Job Feed

Post a Job // Post a Resume