Lockheed Martin Space Systems reported an increase in profit in its fiscal first quarter April 25 thanks in part to an increase in earnings from its stake in United Launch Alliance, but company officials cautioned that it expected ULA’s contributions to decline later this year.
Lockheed says the technology has cut down on production time by two-thirds, while Aerojet is already testing a 3-D printed thrust chamber.
The SBIRS GEO Flight 3 spacecraft transmitted its first images back to Earth March 17, a milestone known as “first light.”
Lockheed Martin Space Systems won a $15 million contract modification for work on the Air Force’s Space Based Infrared System, or SBIRS, the service announced March 15.
The U.S. Air Force exercised a $395 million contract option for Lockheed Martin to build the ninth and tenth satellites in the next-generation of position, navigation and timing satellites, the Defense Department announced Sept. 21.
A small white, windowless building near a Costco superstore in Moorestown, New Jersey, is helping usher in a new level of accuracy in detecting satellite maneuvers and avoiding debris on orbit.
The U.S. Air Force has indefinitely pushed back the Oct. 3 launch of a Lockheed Martin-built missile warning satellite after a supplier told the company that one of its components “experienced an anomaly” on an unspecified satellite.
The British Defence Ministry on Aug. 17 said it had exercised an option for a third solar-powered, high-altitude surveillance and communications platform from Airbus Defence and Space, with flight trials to begin in mid-2017.
The U.S. Navy's newest communications satellite has experienced an undisclosed “anomaly” following its June 24 launch, causing the Navy to suspend the transfer of the satellite to geosynchronous orbit.
As executive vice president of Lockheed Martin Space Systems, Rick Ambrose has worked to position the company to win its share of government and commercial business, taking a particularly keen interest as the Defense Department plans its future satellite architectures.
Kay Sears is stepping down as president of Intelsat General Corp. to head up business development for Lockheed Martin Space Systems in Denver.
A consortium of U.S. international partners, led by Canada, could reach an agreement early next year to build a sixth Mobile User Objective System narrowband communications satellite, a top Lockheed Martin executive said March 15.
The first satellite in the Air Force’s GPS 3 constellation could be available for launch as early as August, a top Lockheed Martin executive said March 8.