02opida
2 years ago
GREENVILLE, S.C., Jan. 24, 2023 /PRNewswire/ -- Lockheed Martin [NYSE: LMT] today announced the successful first flight of the F-16 Block 70 at its Greenville, South Carolina site.
The flight occurred Jan. 24 at 9:17 a.m. ET, with Lockheed Martin test pilots Dwayne "Pro" Opella and Monessa "Siren" Balzhiser at the helm. Total flight time was approximately 50 minutes and included airworthiness checks, such as engine, flight control and fuel system checks, as well as basic aircraft handling.
"Today's successful flight is a testament of the hard work, dedication and commitment to our customers and their missions," said OJ Sanchez, vice president, Integrated Fighter Group, which includes the F-16 program. "This milestone demonstrates Lockheed Martin's commitment to advancing this program and getting this much-needed aircraft and its advanced 21st Century Security capabilities to the warfighter."
ProfitScout
2 years ago
Innovative Designs Welcomes Lockheed Martin & NASA Project Veteran to its Board of Directors
News Link:
https://www.globenewswire.com/news-release/2022/12/01/2566189/0/en/Innovative-Designs-Adds-Board-Member.html
Pittsburgh, PA, Dec. 01, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire--Innovative Designs Inc (OTCQB: IVDN)has added Robert K. Adams to its Board of Directors. Mr. Adams graduated from Texas A&I University with a degree in Electrical Engineering.
Throughout his career, Mr. Adams has worked in various capacities. He began his career at the Lockheed Martin Corporation working on various projects for NASA. Mr. Adams then moved onto the Department of Defense as an electrical engineer at Kelly Air Force Base.
Mr. Adams was later recruited to head a cyber security development team for the Department of Defense. His team developed a system to safeguard the various Air Force networks.
Mr. Adams later established his own company, Planck Consulting, to support clients through the investigation of technical and scientific research, government policies and procedures, patent development and engineering concepts.
Mr. Adams commented "My investor relationship with IVDN began almost 14 years ago, and I am extremely proud to be asked to become part of the amazing IVDN management team."
Innovative Designs CEO, Joseph Riccelli, stated, "Adding Mr. Adams to our Board of Directors strengthens the company's ability to quickly solve any issues that may surface and allows us to move forward at a faster rate".
Disclaimer
Certain statements in this press release constitute "forward-looking" statements as defined by federal law. Such statements are based on assumptions, but there is no assurance that actual outcomes will not be materially different as those implied. Any such statements are made in reliance on the "Safe Harbor" protections provided under the Private Securities Reform Act of 1995 and are subject to various factors, including the risks and matters discussed in the Company's SEC filings available at http://www.sec.gov.
Joseph Riccelli
412-799-0350
joer@idigear.com
MiamiGent
2 years ago
Finland's Foreign Minister speaking in Washington this week:
Sauer: I think we have a credible deterrence. After the Cold War, many countries started to demobilize, especially in Europe. We didn't. We always maintained the credible defense, credible threshold. Actually, last December the decision was made โ congratulations, Lockheed Martin โ the decision was made to procure 64 F-35 fighters from the U.S. So, yes, we think we are capable of deterring any potential military activitiesโฆ We are a net provider of stability, not the consumer, I think this will continue after the NATO membership.
MiamiGent
3 years ago
LMT The Abridged Story of LMT and ME
Lockheed Martin
Started out playing it long, as military manufacturing currently is a no brainer
Made good profit and thought it was done.
Went short. But the crowd arrived- I had been early to the play.
Felt like I had entered a turn style revolving door, the wrong way.
Again, I tried to enter the wrong way (short). Lost my profit and turned pretty red.
Stood outside the door and reassessed. Saw I was attempting to go in the door the wrong way.
Re-entered the door the right way- long.
On my way to erasing the red, possibly completely tomorrow, as the US has green lighted Poland getting Lockheed (LMT) planes for sending its MIGs to Ukraine. Prolly gap up.
The end.