Lockheed Martin

Lockheed Martin Ventures Invests in On-Demand Manufacturing Pioneer Machina Labs

Retrieved on: 
Thursday, January 26, 2023

Machina Labs today announced the completion of an investment by Lockheed Martin Ventures (LMV), the venture arm of Lockheed Martin Corporation (NYSE: LMT ), a global security and aerospace company.

Key Points: 
  • Machina Labs today announced the completion of an investment by Lockheed Martin Ventures (LMV), the venture arm of Lockheed Martin Corporation (NYSE: LMT ), a global security and aerospace company.
  • Machina Labs combines AI and robotics to rapidly manufacture advanced sheet metal products.
  • This latest funding brings the total raised by Machina Labs to $21.8M.
  • “At Machina Labs, we are creating the factory of the future; one where a variety of designs and physical products can be produced on-demand and at scale,” according to Edward Mehr, CEO and Co-Founder of Machina Labs.

Cyberattacks Spark Demand for Industrial Security Solutions

Retrieved on: 
Wednesday, January 25, 2023

The 2022 ISG Provider Lens™ global Manufacturing Security Solutions report finds that cybersecurity has become a high priority for companies in manufacturing, automotive, life sciences and other industries amid recent cyberattacks against manufacturing facilities and connected vehicles.

Key Points: 
  • The 2022 ISG Provider Lens™ global Manufacturing Security Solutions report finds that cybersecurity has become a high priority for companies in manufacturing, automotive, life sciences and other industries amid recent cyberattacks against manufacturing facilities and connected vehicles.
  • Often, their current OT security solutions lack visibility into IoT, mobile and wireless assets.
  • The 2022 ISG Provider Lens™ global Manufacturing Security Solutions report evaluates the capabilities of 37 providers across two quadrants: Mobility Security Solutions and OT Security Solutions.
  • The report names Argus Cyber Security, Armis, Attivo Networks, Claroty, CYMOTIVE, GuardKnox, Industrial Defender, Karamba Security, Nozomi Networks, Regulus Cyber, Sabanci (Radiflow), SCADAfence, SheeldS, Tenable and Upstream Security as Leaders in one quadrant each.

Undersea Warfare Systems Global Market Report 2022: Advanced Battery and Fuel Cell Technology Presents Opportunities - ResearchAndMarkets.com

Retrieved on: 
Wednesday, January 25, 2023

The global undersea warfare systems market size is expected to reach USD 23.62 billion by 2030, according to a new study.

Key Points: 
  • The global undersea warfare systems market size is expected to reach USD 23.62 billion by 2030, according to a new study.
  • The report gives a detailed insight into the current market dynamics and provides analysis on future market growth.
  • Governments have focused on increasing the integration of under-sea weapons to defend the growing territorial in-stabilities, contributing significantly to market growth.
  • The publisher has segmented the undersea warfare systems market report based on application, mode of operation, end-use, and region:
    Undersea Warfare Systems, Application Outlook (Revenue - USD Billion, 2018 - 2030)

Global Airborne ISR Market 2022 to 2031 - Major Players Include Raytheon Technologies, Lockheed Martin, BAE Systems and Northrop Grumman - ResearchAndMarkets.com

Retrieved on: 
Friday, January 20, 2023

This report provides strategists, marketers and senior management with the critical information they need to assess the global airborne ISR market.

Key Points: 
  • This report provides strategists, marketers and senior management with the critical information they need to assess the global airborne ISR market.
  • Major players in the airborne ISR market are Raytheon Technologies Corporation, Lockheed Martin, BAE Systems, Northrop Grumman, L3Harris Technologies, Inc., Thales Group, Elbit Systems Ltd, General Dynamics, FLIR Systems Inc., Airbus, General Atomics, CACI International Inc., UTC Aerospace Systems, PAL Aerospace, and ALTUS LSA.
  • The airborne ISR system refers to airborne ISR hardware systems integrated into military and civil aircraft for on-board and off-board collection and targeting data into customized airborne mission systems.
  • The countries covered in the airborne ISR market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA.

Lockheed Martin Awarded $1.1 Billion Initial Contract to Provide Nation's First Sea-Based Hypersonic Strike Capability

Retrieved on: 
Friday, February 17, 2023

LITTLETON, Colo., Feb. 17, 2023 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) is partnering with the U.S. Navy to integrate hypersonic strike capability onto surface ships.

Key Points: 
  • The U.S. Navy awarded Lockheed Martin a contract worth more than $2 billion, if all options are exercised, to integrate the Conventional Prompt Strike (CPS) weapon system onto ZUMWALT-class guided missile destroyers (DDGs).
  • "Lockheed Martin continues to advance hypersonic strike capability for the United States through this new contract," said Steve Layne, vice president of Hypersonic Strike Weapon Systems at Lockheed Martin.
  • The combination of the CPS capability, and the stealth and mobility of the ZUMWALT-class destroyer, will provide the nation's first sea-based hypersonic strike capability.
  • Lockheed Martin is leveraging its corporate history of system integration on naval platforms and our more than 60 years of hypersonic strike experience to accelerate development on an unprecedented timeline.

Amelia Earhart Hangar Museum announces Boeing, Bombardier as new sponsors of state-of-the-art STEM and history museum opening April 14

Retrieved on: 
Tuesday, February 14, 2023

ATCHISON, Kan., Feb. 14, 2023 /PRNewswire-PRWeb/ -- The Atchison Amelia Earhart Foundation is proud to announce Boeing, the world's largest aerospace company, and Bombardier, a global leader in aviation, focused on designing, manufacturing and servicing the world's most exceptional jets for business and defense customers, have come aboard as sponsors of the new Amelia Earhart Hangar Museum.

Key Points: 
  • Boeing and Bombardier expand the museum's support from aviation and aerospace industry leaders including FedEx, Garmin and Lockheed Martin.
  • The new state-of-the-art STEM and history museum located at the Amelia Earhart Memorial Airport (K59) in Atchison, Kan. — Earhart's birthplace — will celebrate its grand opening on Friday, April 14.
  • "Through this exciting partnership with the new Amelia Earhart Hangar Museum, we are proud to be part of sharing this incredible story and supporting and developing the innovators of the future."
  • Following the grand opening, the Amelia Earhart Hangar Museum will apply to become an Affiliate of the Smithsonian Institution.

THE AUSTIN COMPANY OPENS FLORIDA OFFICE

Retrieved on: 
Monday, February 13, 2023

CLEVELAND, Feb. 13, 2023 /PRNewswire/ -- In response to Florida's booming aerospace and defense industry and the need for our clients to have the best-in-class design-build company close at hand, The Austin Company announced the opening of a new office in Merritt Island, Florida.

Key Points: 
  • CLEVELAND, Feb. 13, 2023 /PRNewswire/ -- In response to Florida's booming aerospace and defense industry and the need for our clients to have the best-in-class design-build company close at hand, The Austin Company announced the opening of a new office in Merritt Island, Florida.
  • The Austin Company announced the opening of a new office in Merritt Island, Florida.
  • "The Austin Company's first aviation project was for Curtiss Aeroplane and Motor Corporation in 1916," explains President and CEO Mike Pierce.
  • "With our legacy and new clients in mind, Austin has invested in expanding its presence in Florida.

Industrial Defender Launches 7.5 Platform: A Unified Source for Operational Asset Data

Retrieved on: 
Monday, February 13, 2023

FOXBOROUGH, Mass., Feb. 13, 2023 /PRNewswire/ -- Industrial Defender, the leading provider of cybersecurity solutions for industrial control systems (ICS), is excited to announce the launch of the Industrial Defender 7.5 platform. This latest version of the platform offers a range of new capabilities that enhance industrial control systems' protection against cyber threats and compliance with industry standards.

Key Points: 
  • FOXBOROUGH, Mass., Feb. 13, 2023 /PRNewswire/ -- Industrial Defender, the leading provider of cybersecurity solutions for industrial control systems (ICS), is excited to announce the launch of the Industrial Defender 7.5 platform .
  • The Industrial Defender platform delivers comprehensive data for securing industrial systems.
  • Providing deeper-level information about critical assets, Industrial Defender enables OT asset management , change and configuration management, vulnerability management, and policy compliance.
  • "We are excited to launch the Industrial Defender 7.5 platform, which represents our continued dedication to providing our customers with the most comprehensive and accurate OT asset management solution," said Jay Williams, CEO of Industrial Defender.

VISTA X-62 Advancing Autonomy and Changing the Face of Air Power

Retrieved on: 
Monday, February 13, 2023

VISTA, short for Variable In-flight Simulation Test Aircraft, is changing the face of air power at the U.S. Air Force Test Pilot School (USAF TPS) at Edwards Air Force Base in California.

Key Points: 
  • VISTA, short for Variable In-flight Simulation Test Aircraft, is changing the face of air power at the U.S. Air Force Test Pilot School (USAF TPS) at Edwards Air Force Base in California.
  • Built on open systems architecture, VISTA is fitted with software that allows it to mimic the performance characteristics of other aircraft.
  • Previously designated NF-16D, in June 2021 VISTA was recognized by the U.S. Air Force and deemed a national asset with a formal redesignation to VISTA X-62A.
  • VISTA will continue to serve an integral role in the rapid development of AI and autonomy capabilities for U.S. Air Force.

Global Small Satellite Market Report 2022: Major Players Include Sierra Nevada, Lockheed Martin, Airbus and L3 Harris Technologies

Retrieved on: 
Friday, February 10, 2023

DUBLIN, Feb. 10, 2023 /PRNewswire/ -- The "Small Satellite Global Market Report 2022" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Feb. 10, 2023 /PRNewswire/ -- The "Small Satellite Global Market Report 2022" report has been added to ResearchAndMarkets.com's offering.
  • This report provides strategists, marketers and senior management with the critical information they need to assess the global small satellite market.
  • Some major players in the small satellite market are Sierra Nevada Corporation, Lockheed Martin Corporation, Airbus, L3 Harris Technologies, The Aerospace Corporation, Planet Labs, GomSpace, Boeing, Space Exploration Technologies, Blue Canyon Technologies, Honeywell International Inc., ST Engineering, Orbital ATK, Inc., Ball Corporation, Israel Aerospace Industries Ltd., QinetiQ, ISIS- Innovative Solutions In Space B.V., Surrey Satellite Technology Ltd. and Spire Global.
  • Major companies operating in the small satellite market are focused on bringing advancements in technologies that offer to strengthen their position.