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MD-based Lockheed Martin to buy Ultra Maritime for $3.45B
Maryland-based Lockheed Martin will buy naval defense company Ultra Maritime from private equity firm Advent for $3.45 billion.
GM, MD-based Lockheed to collaborate on defense projects
General Motors and Maryland-based defense company Lockheed Martin are collaborating on projects to strengthen the U.S. manufacturing and defense industrial base.
MD-based Lockheed Martin shoots down test drone using container-launched missile
Maryland-based Lockheed Martin said it had successfully launched a missile from a shipping container and intercepted a test drone.
MD-based Lockheed Martin breaks ground on Ala. missile plant
Lockheed Martin, a global defense and aerospace manufacturer based in Bethesda, broke ground on an 87,000-square-foot Munitions Production Center in Alabama.
Wes Moore’s ‘lighthouse’ plan: Will MD businesses stay on course or hit rocks?
Maryland is making deep investments in STEM "lighthouse" industries but still faces a significant hurdle: its reputation as an expensive place to do business.
MD-based Lockheed Martin secures $4.7B Patriot missile contract
Bethesda-based Lockheed Martin said it was awarded a $4.7 billion preliminary contract to continue critical accelerated production of the Patriot interceptor missile.
MD-based defense contractor subsidiary to receive $500M contract
Maryland-based Sealing Technologies received an intent-to-award notification for a three-year defense contract worth up to $500 million.
Federal judge blocks Pentagon’s effort to punish Sen. Mark Kelly
A U.S. judge blocked the Pentagon from reducing Senator Mark Kelly's retired military rank and pension pay.
MD-based Lockheed Martin sets profit-sharing deal with US, forecasts higher profit
Bethesda-based Lockheed Martin reached a profit-sharing agreement with the U.S. government related to the production of air defense missiles.
Northrop Grumman posts higher Q4 profit amid geopolitical uncertainty
Defense supplier Northrop Grumman, which has a strong presence in Maryland, posted higher fourth-quarter profit and revenue.
Maryland tech firm aims to fill 800 jobs at future Detroit HQ
Maryland-based defense and cybersecurity firm Eccalon plans to move its headquarters to Detroit, invest $71M and create up to 800 jobs.
House Republicans pass Trump’s big bill of tax breaks and program cuts after all-night session
House Republicans stayed up all night to pass their multitrillion-dollar tax breaks package, muscling President Trump's priority bill to approval.
