Bethesda-based Lockheed Martin Corp. has been awarded a $344-million contract by the Federal Aviation Administration to make and deploy a data system for airports. The system will provide flight tracking and surface management tools for air traffic control towers. The contract has a five-year base ...

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Confronted with concerns that its lightweight Littoral Combat Ship may not survive combat, the U.S. Navy promised a better-armed version that’s more like a frigate. It would still fall short, congressional auditors say. “While the Navy’s proposed frigate will offer ...

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Lockheed Martin Corp. is under orders from the U.S. Navy to correct quality control failures in building its version of the Littoral Combat Ship, an issue that has delayed deliveries and resulted in three citations from the service’s shipbuilding inspectors. ...

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The state’s intermediate appellate court has overturned an $830,000 jury verdict awarded to a former Lockheed Martin employee who sued the company for retaliation, alleging he was fired because he had complained about a poor performance review. The Court of ...

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Bethesda-based Lockheed Martin announced the reopening of a production line at its Middle River facility on Thursday. As part of a $235.3 million contract with the U.S. Navy, Lockheed will be manufacturing an MK 41 Vertical Launching System, a missile ...

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Lockheed Martin Corp. says its aeronautics division is seeking to part with up to 1,000 workers as it works to stay competitive and keep its staff aligned with orders. The company is offering the voluntary program to mid-level employees in ...

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 The U.S. Navy’s new Littoral Combat Ship would be ineffective at hunting for mines because an underwater drone made by Lockheed Martin Corp. that’s supposed to find them doesn’t always work, the Pentagon’s weapons-testing office found. While mine-hunting is intended ...

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Lockheed Martin Corp. is planning to sell $7 billion in bonds as soon as Monday to help pay for its $9 billion takeover of helicopter maker Sikorsky. The largest global defense company may issue the debt in as many as ...

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When a jury awarded a small software company a $24.8 million judgment against weapons giant Lockheed Martin in 2013, it seemed like a massive victory for every small business that had ever wanted to stand up to its behemoth competitors. ...

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Lockheed Martin has been named to the Dow Jones Sustainability World Index for 2015 for a second consecutive year, the company announced today. The 2015 Index represents the top 10 percent of the largest 2,500 companies in the S&P Global ...

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