The largest U.S. government contractor said fourth-quarter sales rose 8.6 percent, ending a streak of nine quarterly declines because of federal budget cuts.
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Read More »January 27, 2015 Comments Off on Lockheed Martin breaks slide with 4thQ results
The largest U.S. government contractor said fourth-quarter sales rose 8.6 percent, ending a streak of nine quarterly declines because of federal budget cuts.
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Read More »December 15, 2014 Comments Off on Lockheed wins two missile contracts
Lockheed Martin, the Bethesda-based defense contractor, announced Monday that the U.S. Air Force and U.S. Navy have approved contracts related to missiles. The Air Force has approved full-rate production for the Joint Air-to-Surface Standoff Missile – Extended Range, which recorded ...
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Read More »December 15, 2014 Comments Off on Lockheed pension dispute on hold
Workers accuse the Bethesda-based defense contractor's investment manager of subjecting them to excessive fees and under-delivering on performance.
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Read More »December 12, 2014 Comments Off on Lockheed emerges unscathed in Navy’s ship plan
Despite reservations, departing Defense Secretary Chuck Hagel approved the purchase of 20 modified Littoral Combat Ships, made by Lockheed Martin Corp. and an Australian company.
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Read More »December 12, 2014 Comments Off on Lockheed opens facility to expand communications project
Lockheed Martin has launched a facility to help the U.S. Navy put its new satellite-based, smart-phone cell network capabilities into warfighters’ hands faster.
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Read More »December 4, 2014 Comments Off on Lockheed Martin among those aiming to hire long-term jobless
The Bethesda-based defense contractor is tweaking its hiring practices to ensure people who’ve been unemployed the longest have a fair shot at landing a job.
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Read More »December 2, 2014 Comments Off on Lockheed’s Javelin hits milestone
The joint venture of Lockheed Martin, of Bethesda, and the Raytheon Co. recently delivered the 40,000th Javelin missile to the U.S. Army. Javelin is a shoulder-fired, automatically guided anti-armor system. Javelin missiles can be safely fired from inside buildings or ...
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Read More »November 11, 2014 Comments Off on Air Force awards Lockheed $40.3M contract
Lockheed Martin, the Bethesda-based defense contractor, announced it has received a $40.3 million contract from the Air Force for production of laser-guided bomb kits. The contract for the Paveway II Plus is the eighth award under the five-year indefinite delivery, ...
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Read More »November 7, 2014 Comments Off on Lockheed delivers satellite
Lockheed Martin, the Bethesda-based aerospace and security company, and the U.S. Navy have delivered a third secure mobile communications satellite to Cape Canaveral, Florida, for launch in January. The Mobile User Objective System, acting like a cellphone tower in orbit, ...
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Read More »October 31, 2014 Comments Off on Lockheed’s next F-35 batch valued at $4.55B
Lockheed Martin Corp.’s latest contract for 43 F-35 fighters has a value of about $4.55 billion, with prospects for a deal for as many as 153 more aircraft about a year from now, according to the Pentagon.
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