In one of several measures to increase what it calls operational efficiency, Lockheed Martin Information Systems and Global Solutions has trimmed its employee base by 250.
Lockheed Martin Corp. has completed its acquisition of QTC Holdings Inc., a provider of outsourced medical evaluation services to the Veterans Affairs Department. Terms of the transaction were not disclosed.
Lockheed Martin Corp. topped all Defense Department contractors with about $12.5 billion in 6,334 contracts and contract modifications in 2010, according to an exclusive Aviation Week Intelligence Network analysis.
Lockheed Martin Corp. will reduce its human resources roles by some 340 employees, more than half of whom accepted a corporate buyout, the company announced Sept. 8.
Science Applications International Corp. filed a protest Aug. 26 against the Army's award of Ground Combat Vehicle technology development contracts to two teams led by BAE Systems and General Dynamics Land Systems.
Lockheed Martin Corp. is acquiring QTC Holdings Inc., a provider of outsourced medical evaluation services to the government. Move builds Lockheed's health IT portfolio.
Two teams of contractors, one led by BAE Systems and Northrop Grumman and another by General Dynamics and Lockheed Martin Corp., share a $900 million contract to develop the technology for the Army's smart combat vehicle.
Lockheed Martin Corp. will provide the Transportation Security Administration with new passenger screening and security equipment across the east and central United States under two, two-year regional task orders worth a combined $72 million.
Lockheed Martin Corp. has reassigned a number of its executives with the goal of strengthening the company's performance on high-priority programs. All of the moves will take effect Aug. 1.
