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Lockheed Martin reacts to the spread of coronavirus
1 APRIL 2020 • In News
Lockheed Martin has responded to the impact of the coronavirus outbreak, including support for those in the company's supply chain.
Marillyn Hewson, CEO of Lockheed Martin said: “At Lockheed Martin, we recognize that the rapid spread of Covid-19 and its wide-ranging impacts have caused severe disruption across society and tragic loss of life around the world. We also recognize that the global pandemic has created a need for urgent action by government, business, communities and citizens.
“In response to this crisis, our company will be guided by and operate with three clear priorities. First, we will continue to protect the health and safety of our men and women on the job and their families. Second, we will continue to perform and deliver for our customers because what they do for our national security, global communications, and infrastructure is critical to our nation and our allies. Third, we will do our part to use our know-how, resources, and leadership as a company to assist our communities and our country during this period of national crisis.
“In this regard, today I am announcing that Lockheed Martin will take the following steps as an initial contribution to the national Covid-19 relief and recovery effort:
- We will advance more than $50 million to small- and medium-sized business partners in our supply chain to ensure they have the financial means to continue to operate, sustain jobs, and support the economy
- We will donate $10 million to non-profit organizations involved in Covid-19 related relief and assistance, with emphasis on veterans and military families
- We have activated a $6.5 million employee disaster relief fund to assist Lockheed Martin employees and retirees impacted with Covid-19
“These are our initial financial steps to help during this time of national need. In addition:
- We will offer Lockheed Martin's engineering and technical capabilities to help solve the most pressing challenges faced by federal, state, and local officials
- We will donate the use of our corporate aircraft and vehicle fleet for Covid-19 relief logistical support and medical supply delivery
- We will donate the use of our facilities for crisis-related activities including critical medical supply storage, distribution, and Covid-19 testing, where needed and practical
- Finally, during this time of economic uncertainty, we will continue our planned recruiting and hiring. Given the requirement for social distancing, Lockheed Martin will deploy virtual technology and other techniques to sustain our hiring activity during this crisis period
“Lockheed Martin understands that the shared effort to combat COVID-19 and recover from its effects will be a long-term one. We will continue to engage national, state, and local leaders to undertake additional measures as needed.
“And, throughout this crisis, Lockheed Martin remains committed to continuing to deliver critical capabilities for our nation and our allies, supporting job creation and economic recovery, and helping those in need wherever we operate.”
https://www.aero-mag.com/lockheed-martin-coronavirus-response-010420/
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Lockheed Martin, General Atomics, Boeing compete for laser-armed drone
By Stephen Carlson Sept. 4 (UPI) -- Lockheed Martin, General Atomics and Boeing have received contract modifications for drone-mounted Low Power Laser Demonstrator system missile defense testing. Lockheed Martin's contract has increased to a total value of $37.7 million, while General Atomics and Boeing's have been increased to $34 million and $29.4 million respectively, the Department of Defense announced on Friday. Work for all three companies will take place in various locations across the United States. The contract modifications come from the Missile Defense Agency and can extend as far as July 2019. Specifications listed include a flight altitude of at least 63,000 feet, the endurance to stay on station for at least 36 hours after a transit of 1,900 miles, and a cruising speed of up to Mach .46 while patrolling its station. The aircraft needs to be able to carry a payload between 5,000 and 12,500 pounds and sufficient power generation to operate a 140 kilowatt laser, with the possibility of up to 280 kw or more. The system must also be able to operate the laser for at least 30 minutes without affecting flight performance, and be capable of carrying a one- to two-meter optical system for the laser. The Missile Defense Agency is responsible for the defense of U.S. territory and its allies from ballistic missile threats. It coordinates a network of land-based and ship-based missile interceptors, along with radars and satellites to detect and destroy enemy ballistic missiles. ICBMs are at their most vulnerable during their boost phase. A UAV capable of targeting them before they exit the atmosphere would greatly increase the possibility of intercept, the Pentagon said. https://www.upi.com/Defense-News/2018/09/04/Lockheed-Martin-General-Atomics-Boeing-compete-for-laser-armed-drone/9251536091266/