LMT

Barnes Announces Update to Board of Directors

Retrieved on: 
Tuesday, March 5, 2024

Mr. Barnes will become Chairman Emeritus and continue to lead the Barnes Foundation following his retirement from the Board.

Key Points: 
  • Mr. Barnes will become Chairman Emeritus and continue to lead the Barnes Foundation following his retirement from the Board.
  • Barnes will also work with Irenic to identify an additional mutually agreed upon independent director to appoint to the Board of Directors.
  • Thomas O. Barnes, Chairman of the Board, said, “It has been an honor to serve the company my family founded in 1857.
  • On behalf of the Board and the entire Barnes team, I want to thank Mylle for her service and wish her all the best going forward.”
    Barnes added, “I am delighted that the Board has selected Dick as my successor as Chair of our Board of Directors.

Lockheed Martin CFO to Speak at the J.P. Morgan Industrials Conference

Retrieved on: 
Wednesday, March 6, 2024

BETHESDA, Md., March 6, 2024 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) will webcast live a presentation by Chief Financial Officer Jay Malave at the J.P. Morgan Industrials Conference on Wednesday, March 13 at 10:15 a.m. to 10:50 a.m.

Key Points: 
  • BETHESDA, Md., March 6, 2024 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) will webcast live a presentation by Chief Financial Officer Jay Malave at the J.P. Morgan Industrials Conference on Wednesday, March 13 at 10:15 a.m. to 10:50 a.m.
  • ET.
  • Access to the webcast will be available at: http://www.lockheedmartin.com/investor .
  • An audio replay will be available for two weeks following the presentation.

Lockheed Martin Takes Next Step in Homeland Missile Defense Interceptor Acquisition Process

Retrieved on: 
Wednesday, February 28, 2024

HUNTSVILLE, Ala., Feb. 28, 2024 /PRNewswire/ -- In November 2023, Lockheed Martin (NYSE: LMT) successfully completed a Missile Defense Agency (MDA) acquisition milestone for the nation's modernized long range ballistic missile interceptor. The company completed the first Knowledge Point – known as KP1 – ahead of schedule, taking a major contractual step forward that allows its Next Generation Interceptor (NGI) program to continue development towards the Critical Design Review (CDR).

Key Points: 
  • HUNTSVILLE, Ala., Feb. 28, 2024 /PRNewswire/ -- In November 2023, Lockheed Martin (NYSE: LMT) successfully completed a Missile Defense Agency (MDA) acquisition milestone for the nation's modernized long range ballistic missile interceptor.
  • This KP1 achievement follows the program's All Up Round Preliminary Design Review, which Lockheed Martin executed on-schedule in September .
  • We proved at KP1 that we have reached a level of maturity unprecedented at this stage of a missile defense program," said Sarah Reeves, vice president of NGI at Lockheed Martin.
  • The first Lockheed Martin NGI is forecast for delivery to the warfighter as early as Fiscal Year 2027.

Datenna, Groq, and Lockheed Martin Join Roster of Sponsors for Upcoming AI Expo for National Competitiveness

Retrieved on: 
Wednesday, February 28, 2024

ARLINGTON, Va., Feb. 28, 2024 /PRNewswire/ -- The Special Competitive Studies Project (SCSP), a non-partisan, non-profit project dedicated to strengthening America's long-term competitiveness in artificial intelligence (AI), announced today three additional sponsors of the AI Expo for National Competitiveness happening on May 7-8 at the Walter E. Convention Center in Washington, D.C. At the "Disruptor" sponsorship level, SCSP welcomes Datenna, an Open-source intelligence (OSINT) software company that equips governments with actionable insights into China's techno-economic landscape. SCSP is also announcing two "Maverick"-level sponsors: Groq®, a generative AI solutions company and creator of the Language Processing Unit (LPU™), and Lockheed Martin (NYSE: LMT), a global defense technology company driving innovation and advancing scientific discovery by providing the all-domain mission solutions and vision needed to accelerate the delivery of transformative technologies.

Key Points: 
  • "These three sponsors exemplify what the AI Expo intends to bring into focus," said SCSP CEO and President Ylli Bajraktari.
  • "They are representative of the intersection of AI, defense, and national security policy – a key focus of SCSP's work and will further the AI Expo's dialogue on U.S. leadership in emerging technologies.
  • "Our sponsorship of the AI Expo for National Competitiveness shows our commitment to empowering governments with unmatched insight and knowledge for superior decision-making."
  • For more information on SCSP, the AI Expo for National Competitiveness, and the Ash Carter Exchange please visit https://www.scsp.ai .

HeyGears Unveils Automated Case-by-Case Clear Aligner Production Solution

Retrieved on: 
Friday, February 23, 2024

IRVINE, Calif., Feb. 23, 2024 /PRNewswire/ -- HeyGears , a digital manufacturing solution innovator, has announced their Automated Case-by-Case Clear Aligner Production Solution during the 39th LMT LAB DAY Chicago (LDC) event.

Key Points: 
  • IRVINE, Calif., Feb. 23, 2024 /PRNewswire/ -- HeyGears , a digital manufacturing solution innovator, has announced their Automated Case-by-Case Clear Aligner Production Solution during the 39th LMT LAB DAY Chicago (LDC) event.
  • Empowered by intelligent production processes and using the UltraCraft A3D Ortho's expansive 3D printing build platform, this solution enables organization and printing of clear aligner models for a full patient's case in a single operation, eliminating the need for manual sorting and significantly optimizing production efficiency.
  • HeyGears' Automated Case-by-Case Clear Aligner Production Solution sets a new industry benchmark.
  • With advanced features, seamless automation, and holistic approach to clear aligner production, HeyGears reaffirms its commitment to pushing the boundaries of dental technology and  achieving excellence in orthodontics.

The 2024 Integrative Healthcare Symposium Delivers Education, Networking and Business to Healthcare Professionals

Retrieved on: 
Tuesday, February 20, 2024

PORTLAND, Maine, Feb. 20, 2024 /PRNewswire-PRWeb/ -- The Integrative Healthcare Symposium, the premier east coast event for holistic and integrative healthcare professionals, hosted more than 1,700 industry professionals February 15-17 at the Hilton Midtown in New York City.

Key Points: 
  • More than 1,700 integrative healthcare practitioners, brand representatives and other professionals traveled to New York City for the annual Symposium
    PORTLAND, Maine, Feb. 20, 2024 /PRNewswire-PRWeb/ -- The Integrative Healthcare Symposium , the premier east coast event for holistic and integrative healthcare professionals, hosted more than 1,700 industry professionals February 15-17 at the Hilton Midtown in New York City.
  • - Christina Henderson, Event Director, Integrative Healthcare Symposium.
  • "Last week we brought together an incredible community of practitioners and healthcare professionals," said Christina Henderson, Event Director, Integrative Healthcare Symposium.
  • The 2025 Integrative Healthcare Symposium will take place February 20-22 at the Hilton Midtown in New York City.

Lockheed Martin CFO to Speak at the TD Cowen 45th Annual Aerospace and Defense Conference

Retrieved on: 
Wednesday, February 7, 2024

BETHESDA, Md., Feb. 7, 2024 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) will webcast live a presentation by Chief Financial Officer Jay Malave at the TD Cowen 45th Annual Aerospace and Defense Conference on Wednesday, Feb. 14 at 10:00 a.m. to 10:40 a.m. EST.

Key Points: 
  • BETHESDA, Md., Feb. 7, 2024 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) will webcast live a presentation by Chief Financial Officer Jay Malave at the TD Cowen 45th Annual Aerospace and Defense Conference on Wednesday, Feb. 14 at 10:00 a.m. to 10:40 a.m. EST.
  • Access to the webcast will be available at: http://www.lockheedmartin.com/investor .
  • An audio replay will be available for two weeks following the presentation.

LOCKHEED MARTIN AND RED 6 BUILD ON PARTNERSHIP THROUGH MENTOR-PROTÉGÉ AGREEMENT

Retrieved on: 
Wednesday, January 24, 2024

ORLANDO, Fla., Jan. 24, 2024 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) and Red 6 announced today a strategic joint venture and Mentor-Protégé Agreement under the U.S. Small Business Administration Mentor-Protégé Program.

Key Points: 
  • "Red 6 is thrilled for this opportunity to work more closely with Lockheed Martin.
  • Lockheed Martin will gain access to small business teaming partner contracts and bring small business innovation to large programs / contracts.
  • "Lockheed Martin continues making deliberate digital advancements and building partnerships to accelerate technology development across our platforms," said Aimee Burnett, Vice President, Business Development for the Integrated Fighter Group at Lockheed Martin.
  • Red 6 is a Lockheed Martin Ventures portfolio company selected in 2020 to accelerate the development and commercialization of Red 6's ATARS.

EU Critical Raw Materials Act: IDTechEx Reviews the Ambitious Targets to Secure Supply

Retrieved on: 
Wednesday, January 24, 2024

However, potential constraints on the supply of critical raw materials (CRMs) for Li-ion batteries may be coming towards the end of the decade.

Key Points: 
  • However, potential constraints on the supply of critical raw materials (CRMs) for Li-ion batteries may be coming towards the end of the decade.
  • The document outlining these agreements, titled "Framework for ensuring a secure and sustainable supply of critical raw materials", details 34 critical raw materials and 17 strategic raw materials.
  • Critical raw materials are defined as those of high importance for the EU economy and subject to high levels of supply risk.
  • Secondly, at least 10% of the EU's annual consumption of strategic raw materials should originate from EU extraction.

EU Critical Raw Materials Act: IDTechEx Reviews the Ambitious Targets to Secure Supply

Retrieved on: 
Wednesday, January 24, 2024

However, potential constraints on the supply of critical raw materials (CRMs) for Li-ion batteries may be coming towards the end of the decade.

Key Points: 
  • However, potential constraints on the supply of critical raw materials (CRMs) for Li-ion batteries may be coming towards the end of the decade.
  • The document outlining these agreements, titled "Framework for ensuring a secure and sustainable supply of critical raw materials", details 34 critical raw materials and 17 strategic raw materials.
  • Critical raw materials are defined as those of high importance for the EU economy and subject to high levels of supply risk.
  • Secondly, at least 10% of the EU's annual consumption of strategic raw materials should originate from EU extraction.