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Lockheed's (LMT) Q4 results are expected to reflect benefits of strong operational performance, which might have been partially marred by supply chain disruption
Lockheed's chief financial officer said the problem worsened for them over the last two months, as the maker of the F-35 fighter jet lowered its 2021 revenue expectations by 2.5% to $67 billion ...
Defense companies have been grappling with supply chain disruptions including that from global chip shortages, which continue to hurt production. The collaboration directly supports the U.S ...
Lockheed Martin is currently developing the F-35 Lightning II and leads the international supply chain, leads the team for the development and implementation of technology solutions for the new USAF Space Fence (AFSSS replacement), [14] and is the primary contractor for the development of the Orion command module. [15]
It will have an impact on the global supply chain as Russia is a significant source of 35 critical minerals vital to the United States' economic and national security interests, including 30% of the global supply of platinum-group elements (including palladium), 13% of titanium and 11% of nickel.
Savi Technology was founded in 1989 and is based in Alexandria, Virginia. [1]The company was spun-off from Lockheed Martin in 2012. [2]The company offers a variety of hardware including tags (also called sensors) that enable governments and organizations to access real-time information on the location, condition, and security status of assets and shipments; mobile IoT sensors, [3] fixed and ...
China banned the export of dual-use products to over two dozen US defence contractors, targeting top players like Lockheed Martin and Raytheon, as it objected to Washington’s latest arms sales ...
Lockheed Martin and Unisys paid the government $3.15 million to settle allegations that Unisys inflated the prices of spare parts sold to the U.S. Department of Commerce for its NEXRAD Doppler Radar System, in violation of the False Claims Act, 31 U.S.C. § 3729, et seq. "[T]he settlement resolves allegations that Unisys knew that prices it ...