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- 1. Lockheed Martin Adds Colour to Apache Helicopter Cockpit
The U.S. Army has awarded Lockheed Martin an US$54.3 million contract to upgrade the Modernized Target Acquisition Designation Sight/Pilot Night Vision Sensor (M-TADS/PNVS) on the AH-64E Apache helicopter, bringing colour to the cockpit for the first time. Under this contract, Lockheed Martin will produce 35 M-DSA kits and spares for the U.S. Army and the Qatar Emiri Air Force.
- 2. Lockheed Martin Unveils Advanced Pilot Training Solution
Lockheed Martin has confirmed that it will offer the T-50A in the U.S. Air Forceís Advanced Pilot Training (APT) competition. The T-50A was developed jointly by Lockheed Martin and Korea Aerospace Industries (KAI) to replace the T-38 and train pilots to fly 5th Generation aircraft.
- 3. Ulrich Finkenbusch Returns to Germany to Head Lockheed Martinís Berlin Office
Ulrich (Uli) Finkenbusch has returned to Germany to head Lockheed Martinís Berlin office following 16 months working in the companyís international business development team in the US. Prior to joining Lockheed Martin in May 2014, he was Principal Foreign Policy Advisor to the Free Democratic Party in the Bundestag. In this role he dealt with all foreign and national security issu
- 4. Lockheed Martin Appoints Kenneth R. Possenriede as EVP / CFO
Lockheed Martin has appointed Kenneth R. Possenriede, 58, as Executive Vice President and Chief Financial Officer, succeeding Bruce L. Tanner, who intends to retire in mid-2019. Possenriede's appointment is effective 11 February 2019.
- 5. Korean Air signs Joint Marketing Agreement on P-3 Upgrade with Lockheed Martin
Korean Air signs Joint Marketing Agreement on P-3 Upgrade with Lockheed Martin
- 6. Lockheed Martin to Acquire Sikorsky Aircraft
Lockheed Martin has entered into a definitive agreement to acquire Sikorsky Aircraft, a world leader in military and commercial rotary-wing aircraft, for US$9 billion. The price is effectively reduced to approximately US$7.1 billion, after taking into account tax benefits resulting from the transaction.
- 7. Lockheed Martin Appoints John Rood as Senior Vice President - International
Lockheed Martin has appointed John Rood as Senior Vice President - International. He has also been elected a Corporate Officer. John succeeds Pat Dewar, who has been appointed to Senior Vice President - International Strategic Initiatives, and will retire in August 2016. Both appointments are effective 7 March 2016.
- 8. Lockheed Martin and Airbus to Jointly Explore Aerial Refuelling for US Military
Lockheed Martin has signed an agreement with Airbus to jointly explore opportunities to meet the growing demand for aerial refuelling for US defence customers. The companies will seek to provide aerial-refuelling services to address any identified capacity shortfall and to meet requirements for the next generation of tankers capable of operating in the challenging environments of t
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