Releases
Releases
In this section of the Lockheed Martin Newsroom, you'll find our news releases. The releases are listed in chronological order and are archived by year.
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Aug 8, 2002
Lockheed Martin announced today that Vance Coffman, Chairman and Chief Executive Officer, and Christopher Kubasik, Senior Vice President and Chief Financial Officer, have certified the company's...
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Aug 6, 2002
Lockheed Martin received a $163.7 million order from The Boeing Company to produce the advanced TIGER Eyes(TM) Sensor Suite that will provide targeting, navigation, terrain- following and Infrared...
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Aug 5, 2002
Dignitaries from NASA, Lockheed Martin and the State of Mississippi today opened the new Lockheed Martin Mississippi Space & Technology Center, an advanced propulsion, thermal, and metrology...
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Aug 1, 2002
Lockheed Martin's board of directors today declared a regular quarterly dividend on the Corporation's common stock of 11 cents per share. The dividend is payable September 30, 2002, to holders of...
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Jul 30, 2002
Korea Aerospace Industries (KAI) and Lockheed Martin Aeronautics, a business area of Lockheed Martin Corporation , began durability testing on the T-50 Golden Eagle advanced jet trainer on July...
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Jul 29, 2002
A team of five Lockheed Martin Tactical Systems employees in Eagan, along with five corporate colleagues, have been selected to receive Lockheed Martin's highest award, the NOVA, for their work on...
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Jul 25, 2002
Lockheed Martin Aeronautics Company, a business area of Lockheed Martin Corporation , will propose a newly manufactured P-3C for the joint Germany and Italy Maritime Patrol Aircraft Replacement...
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Jul 25, 2002
Lockheed Martin Aeronautics Co. Vice President of Special Mission and Reconnaissance Aircraft Programs Ted Samples said today (July 25, 2002) that more than 450 P-3s are in active service with the...
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Jul 25, 2002Lockheed Martin and Vought Industries Team to Offer New P-3 Wings For Worldwide Fleet Life Extension
Lockheed Martin Aeronautics Company, a business area of Lockheed Martin Corporation , has signed a Memorandum of Agreement with Vought Aircraft Industries, Inc. to manufacture wings for the P-3...
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Jul 24, 2002
For the first time at sea, the Lockheed Martin-developed Aegis Weapon System successfully guided an Evolved Sea Sparrow Missile (ESSM) from the Aegis guided missile destroyer USS Shoup operating...
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Jul 24, 2002
Lockheed Martin Aeronautics Co. has opened the first phase of a new state-of-the-art, $44 million coatings facility here that incorporates the latest robotics technology to improve coating, or...
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Jul 24, 2002
Dr. William C. Kessler, vice president of Advanced Enterprise Initiatives at Lockheed Martin Aeronautics Co., recently accepted a part-time visiting faculty position with the Edenfield...
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Jul 24, 2002
Lockheed Martin Aeronautics Company, a business area of Lockheed Martin Corporation , announced today (July 24, 2002) that the C-130J worldwide fleet has now passed 50,000 flying hours. Ross...
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Jul 24, 2002
Lockheed Martin's F-16 family is being reborn in the 21st century with robust new technologies, new production configurations and unmatched management experience to enhance its position as the...
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Jul 24, 2002
Officials from Korea Aerospace Industries (KAI) and Lockheed Martin Aeronautics Company highlighted today (July 24, 2002) at the Farnborough Air Show in England the progress of the T-50 advanced...
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Jul 23, 2002A Revolutionary Technology Giving Troopers Access to Powerful Crime Fighting Information
Lockheed Martin Management & Data Systems (M&DS) announced today it has been selected by the Pennsylvania State Police as the systems integrator for the statewide rollout of its Incident...
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Jul 23, 2002
Engineers have finalized the external design of the F-35 Joint Strike Fighter, with the resulting configuration nearly indistinguishable from the X-35 JSF demonstrator that underwent...
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Jul 23, 2002
F-35 Joint Strike Fighter team members today emphasized the importance of global participation in the program, as they introduced an historic lineup of international F-35 partners during a press...
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Jul 23, 2002
Lockheed Martin Aeronautics Company, a business area of Lockheed Martin Corporation , today highlighted its focus on a "system of systems" architecture development approach to determine how to...
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Jul 22, 2002
The F-22 Raptor, now in production and continuing flight testing in California, continues to meet or exceed all technical performance parameters, Lockheed Martin Aeronautics Company president Dain...
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Jul 22, 2002
Lockheed Martin Aeronautics Company has added 2,000 employees to its workforce since last October and will continue steady growth until at least 2005, on the basis of current contracts. Future...
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Jul 18, 2002
* Raises Outlook for Earnings Per Share From Continuing Operations To $2.50 - $2.55 in 2002 and $2.75 - $2.85 in 2003 * Increases Sales Guidance; Expects Range of $25.4 - $26.0 Billion In 2002 and...
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Jul 15, 2002
Lockheed Martin will webcast live its second quarter 2002 earnings conference call on Thursday, July 18, 2002 from 3 p.m. EDT to 4 p.m. EDT. The webcast can be heard on the Lockheed Martin...
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Jul 15, 2002
Lockheed Martin today released its press-briefing schedule for the Farnborough Air Show. All briefings will take place at the company's Partnership Pavilion, directly across from the company's...
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Jul 12, 2002
Lockheed Martin will webcast live a presentation by Ron Abbott, Vice President - Fire Support, Lockheed Martin Missiles & Fire Control, at the Banc of America Securities Conference in Louisville,...
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Jul 12, 2002
Nippon Avionics Co. Ltd. (Avio) delivered its first Lockheed Martin Q-70 variant workstation to the Japan Defense Agency at a ceremony July 2, 2002 in Yokohama, Japan. This delivery of an Anti...
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Jul 12, 2002
Lockheed Martin Space Operations (LMSO) has been awarded an eight-year, cost-plus-award-fee contract, valued at $314,207,343 to support NASA's Ames Research Center in conducting research,...
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Jul 12, 2002
Lockheed Martin Aeronautics Co., a business area of Lockheed Martin Corp. , was recently awarded a $27 million contract to upgrade U.S. Customs Service (USCS) P-3B Airborne Early Warning (AEW)...
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Jul 11, 2002
Turkey today (July 11) became the seventh international partner to sign up for the F-35 Joint Strike Fighter program, joining the United Kingdom, Italy, the Netherlands, Canada, Denmark and...
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Jul 3, 2002
Lockheed Martin Tactical Systems (LMTS) has been recognized with the U.S. Small Business Administration's (SBA) Award of Distinction. The award recognizes large federal contractors with...
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Jul 2, 2002
Lockheed Martin Aeronautics Co., a business area of Lockheed Martin Corp. , announced today (July 2) that the Government of Italy has accepted the first two of 10 "stretched" C-130Js on order for...
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Jun 28, 2002
The Federal Aviation Administration (FAA) has awarded a contract to Lockheed Martin for the next generation En Route Automation Modernization (ERAM) program. ERAM will modernize the nation's core...
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Jun 27, 2002
The Italian government today (June 27) signed a contract with Alenia Aeronautica for the purchase of the first five of 12 C-27J Spartan airlifters. Lockheed Martin Aeronautics and Alenia...
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Jun 27, 2002
The U.S. Air Force recently began using a software update developed by Lockheed Martin Aeronautics Co. that will add a new "smart" weapons capability to its 400-aircraft fleet of Block 40/42 F-16C/Ds.
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Jun 26, 2002
Lockheed Martin Aeronautics Co., a business area of Lockheed Martin Corp. , has developed a new horizontal stabilator design for the F-22 Raptor that will save the program $1 million per aircraft...
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Jun 25, 2002
The U.S. Air Force has begun flight-testing a new version of the radar for the Lockheed Martin F-16C/D aircraft that will significantly improve the aircraft's performance in air-to-air and...
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Jun 24, 2002
The Joint Strike Fighter program extended its international reach today (June 24) when Italian officials signed a Memorandum of Understanding to participate in the development of the stealthy,...
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Jun 24, 2002
Lockheed Martin Management & Data Systems (M&DS) announced today that it has become the first and only company in the world to achieve the prestigious Software Engineering Institute's (SEI)...
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Jun 20, 2002
Eight Lockheed Martin Management & Data Systems (M&DS) employees, each representing "One-in- a-Thousand" of the company's approximate 8,000 employees, will be honored as M&DS' top employees for...
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Jun 20, 2002
The F-35 Joint Strike Fighter program added a new international partner today when Norway officially joined the JSF's System Development and Demonstration (SDD) phase. Becoming a part of the SDD...
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Jun 19, 2002
Lockheed Martin Aeronautics Co., a business area of Lockheed Martin Corp. , reached a major milestone last week as the first C-5B aircraft was inducted into the C-5 Avionics Modernization Program...
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Jun 18, 2002Lockheed Martin Programs Recognized By Department of Defense for Innovation, Best Acquisition Practices
Two U.S. government-Lockheed Martin teams received the Department of Defense's highest acquisition award during a ceremony held today at the Pentagon. E. C. "Pete" Aldridge, Undersecretary of...
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Jun 18, 2002
The Lockheed Martin -led F-22 industry team has awarded its prestigious "Raptor of Distinction" subcontractor award to EDO Corp. , Marine & Aircraft Systems Division of North Amityville, New York,...
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Jun 18, 2002
Lockheed Martin has been awarded a $102 million contract to operate, maintain and sustain the Defense Civilian Personnel Data System (DCPDS) for the Department of Defense (DoD) Civilian Personnel...
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Jun 17, 2002
Lockheed Martin will webcast live a presentation by Chris Kubasik, the corporation's Chief Financial Officer, to the Thomas Weisel Growth Forum on June 19. The webcast will begin at 5:40 p.m. EDT....
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Jun 14, 2002
Calling the F-35 Joint Strike Fighter program a "very striking example of a private and public partnership in the Netherlands" and "a model for the future," Netherlands Deputy Minister of Defense...
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Jun 13, 2002Second Direct Hit is 5 for 5 Test Program Success
For the second time in less than six months, the Lockheed Martin-developed Aegis Weapon System successfully guided a Standard Missile (SM)-3 to a ballistic missile target hit today. The Aegis...
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Jun 13, 2002
The Lockheed Martin -led F-22 Raptor air dominance fighter team successfully completed a key phase of logistics testing and evaluation (LT&E) here this week -- several days ahead of schedule. This...
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Jun 7, 2002
Lockheed Martin has been selected by the Transportation Security Administration (TSA) to implement new security operations that will help ensure air passenger safety at the nation's airports. The...
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Jun 7, 2002Opportunity to Provide World's Most Advanced Navigation Software to U.S. Navy
Lockheed Martin Marine Systems and Offshore Systems Ltd. have announced a teaming agreement that will provide the world's most advanced navigation software to U.S. Navy ships, completely...
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Jun 5, 2002
The Netherlands today signed a Memorandum of Understanding to join in the development of the Joint Strike Fighter. The signing makes the Netherlands the fourth international contributor to the...
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Jun 3, 2002
Lockheed Martin Aeronautics Company, a business area of Lockheed Martin Corporation , yesterday delivered the first of two new CC-130J aircraft to the 146th Wing of the California Air National...
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Jun 3, 2002
The Lockheed Martin -led F-22 air dominance fighter industry team has delivered Raptor 4008 -- the program's dedicated low-observable, or stealth, reliability and maintainability flight-test and...
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May 30, 2002Bell Helicopter, Draper Labs part of technical team developing autonomous unmanned combat-armed rotorcraft
Lockheed Martin has been selected as a prime contractor by the Defense Advanced Research Projects Agency (DARPA) and U.S. Army for the Unmanned Combat Armed Rotorcraft (UCAR) program. The award,...
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May 30, 2002
The Lockheed Martin-led F-22 Raptor team surpassed another significant milestone in May with the successful completion of "first service-life" fatigue testing using a production quality,...
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May 30, 2002
Lockheed Martin today announced that it has entered into an agreement with World Data Consortium, LLC, under which the Corporation will divest an 81-percent ownership position in its COMSAT...
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May 29, 2002
Lockheed Martin Corporation , has been selected by the State of Texas Department of Information Resources (DIR) to provide managed information technology services to all state agencies, county and...
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May 29, 2002Florida to Deploy Digital Fingerprint Scanners at 67 School District Offices and Insurance License Bureaus Statewide
Orange County Public Schools headquarters today becomes the first installation site of the state's new automated fingerprint identification-based applicant processing system for all education and...
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May 28, 2002
Denmark today officially became the third international participant in the Joint Strike Fighter program, joining the United Kingdom and Canada in the stealthy aircraft's decade-long development phase.
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May 28, 2002
Lockheed Martin Aeronautics Company, a business area of Lockheed Martin Corporation , recently released the first complete and integrated Block 1.1 Operational Flight Program (OFP) Engineering...
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May 21, 2002
Lockheed Martin Corporation confirmed today that it had signed a non-binding letter of intent with Liberty Satellite & Technology, Inc., TRW Inc., and Telespazio S.p.A., in connection with a...
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May 21, 2002
Lockheed Martin has been awarded a two-year, $2.3-million development contract by the Office of Naval Research (ONR) for the first phase of a three-phase Ground Logistics Command & Control (GLC2)...
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May 17, 2002Lockheed Martin Management & Data Systems Completes Final Phase of $30 Million Revitalization of Headquarters
Motorists traveling in the King of Prussia area have a new route option today following the opening of Goddard Road, a once-private road donated to Upper Merion Township by Lockheed Martin...
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May 16, 2002
Lockheed Martin Missiles and Fire Control and the U.S. Army again successfully tested the new Guided version of the Multiple Launch Rocket System (MLRS) rocket at White Sands Missile Range, N.M....
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May 15, 2002
Lockheed Martin Aeronautics Company, a business area of Lockheed Martin Corporation , has proposed a fully modernized, new production aircraft for Phase I of the U.S. Navy's Multi-mission Maritime...
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May 15, 2002
Lockheed Martin Information Technology (LMIT), a leader in information technology (IT) outsourcing, has announced a technology services partnership that will provide the world's largest tire maker...
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May 15, 2002
The Lockheed Martin Aeronautics Co. led F-22 industry team has successfully completed all planned static testing of the F-22, demonstrating that the structural integrity of the airframe can...
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May 13, 2002
Lockheed Martin will webcast live a presentation by Vance D. Coffman, Lockheed Martin Chairman and CEO, to the CS First Boston Aerospace/Defense Finance Conference in New York on May 15, 2002. The...
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May 9, 2002
Lockheed Martin Aeronautics Co., a business area of Lockheed Martin Corp. , recently delivered the first in a new lot of modernized F-16s for the U.S. Air Force. The new aircraft will be used in...
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May 7, 2002
The Lockheed Martin -led F-22 Raptor industry team marked a milestone last week, as the newest version of the program's advanced integrated avionics software package -- Block 3.1 -- was...
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May 7, 2002
Three pilots from the U.S. Army Parachute Team, the Golden Knights, recently participated in a flight evaluation of the C-27J Spartan at Alenia Aeronautica's flight-test facilities in Caselle,...
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May 3, 2002
Lockheed Martin Corporation has won a 7.5 year contract to provide agency-wide information technology and infrastructure support services for the federal government's Centers for Medicare and...
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Apr 29, 2002
Lockheed Martin elected Nolan D. Archibald to its board of directors on April 25, 2002. Archibald is Chairman, President and CEO, of the Black & Decker Corporation. Lockheed Martin directors serve...
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Apr 28, 2002
Lockheed Martin is pleased to announce that employees represented by the International Association of Machinists & Aerospace Workers, Local Lodge 709 voted today to ratify a new three-year labor...
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Apr 25, 2002
Lockheed Martin was today awarded a Phase 1 contract to prepare and coordinate planning for new security operations that will help ensure air passenger safety at the nation's 429 commercial airports.
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Apr 25, 2002
Lockheed Martin's board of directors today declared a regular quarterly dividend on the Corporation's common stock of 11 cents per share. The dividend is payable June 28, 2002, to holders of...
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Apr 24, 2002
At the request of the Federal Mediation and Conciliation Service, Lockheed Martin Aeronautics Company - Marietta, Ga. officials met this week in Washington, D.C. with representatives of the...
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Apr 24, 2002Protecting the Public and Maintaining Smooth Operations Are Critical Requirements for New Security Screeners
The Lockheed Martin team has been selected by the Transportation Security Administration (TSA) to implement a national contract to train more than 30,000 airport passenger screeners at 429...
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Apr 23, 2002
The United States Army has awarded Lockheed Martin Management & Data Systems a $35 million 15-month Component Advanced Development (CAD) contract. The contract award is for the development of the...
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Apr 23, 2002
* Reports a 26% Increase in First Quarter 2002 Net Sales Compared To First Quarter 2001 * Reaffirms $2.45 - $2.50 Earnings Per Share From Continuing Operations Outlook for 2002, With Sales Growth...
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Apr 22, 2002
Michael Fortson, a Lockheed Martin Aeronautics Co. engineer, was honored recently with the Distinguished Engineer of the Year Award at the 2002 National Society of Black Engineers Golden Torch...
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Apr 19, 2002
The world's most advanced single-engine fighter will rely on a quartet of small businesses to play key roles in the aircraft's development. The companies are among many small firms expected to...
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Apr 19, 2002
The T-50 Golden Eagle program completed the readiness review for its first flight. This is a critical program milestone leading to first flight in June. An Executive Independent Review Team has...
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Apr 18, 2002
Lockheed Martin will webcast live its first quarter 2002 earnings conference call on Tuesday, April 23, 2002 from 11 a.m. to 12 p.m. EDT. The webcast can be viewed on the Lockheed Martin website,...
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Apr 15, 2002
The Lockheed Martin Aeronautics Company, a business area of Lockheed Martin Corporation -led F-22 Raptor industry team today delivered to the U.S. Air Force Raptor 4009, the last flight test...
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Apr 15, 2002
Lockheed Martin Navigation Systems was awarded a $2.8M extension to the System Architecture and Requirements Definition study to assist the US Air Force GPS Joint Program Office (JPO) in the...
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Apr 15, 2002
Lockheed Martin Aeronautics Company, a business area of Lockheed Martin Corporation , today delivered the first U-2S reconnaissance aircraft equipped with state-of-the-art cockpit displays and...
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Apr 12, 2002
Lockheed Martin officials today signed a $173 million contract award to manufacture three Aegis Weapon Systems for the U.S. Navy. The order for systems that will be installed aboard Arleigh...
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Apr 9, 2002Digital Fingerprint Scanners to Be Deployed at 67 School District Offices And Insurance License Bureaus Statewide
The Florida Department of Education awarded Lockheed Martin Information Systems a contract worth approximately $8 million to provide an automated fingerprint identification- based applicant...
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Apr 4, 2002
On Mar. 29, Lockheed Martin Aeronautics Co., a business area of Lockheed Martin Corporation , received a contract valued at approximately $200 million from Mitsubishi Heavy Industries (MHI) to...
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Mar 28, 2002
Lockheed Martin Aeronautics Company, a business area of Lockheed Martin Corporation , announced today that Mike Cosentino has been named director of Joint Strike Fighter International Programs. In...
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Mar 27, 2002International Team Includes IZAR of Spain and Lockheed Martin and General Dynamics Bath Iron Works of USA
The Advanced Frigate Consortium (AFCON) announced today its intention to design, develop and market a new class of corvette-size ships to meet the emerging needs of international navies. The AFCON...
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Mar 26, 2002
Lockheed Martin Missiles and Fire Control has received a contract totaling $326.6 million from the U.S. Army Aviation and Missile Command (AMCOM) for continued production of the Patriot Advanced...
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Mar 25, 2002Team Unites Computer Sciences Corp., The Boeing Co., Harris Corp., Northrop Grumman Information Technology in Major Air Traffic System Upgrade
Lockheed Martin today announced it will lead a team of experts from the air traffic industry to compete for the Federal Aviation Administration's (FAA) next generation En Route Automation...
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Mar 22, 2002Seventh Generation System Provides Significant Upgrade in Capabilities for the U.S. Navy
Lockheed Martin has completed equipment testing of the seventh generation of its Aegis Weapon System -- another significant milestone for the integrated weapon system that provides critical...
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Mar 21, 2002
The Patriot Advanced Capability-3 (PAC-3) Missile successfully intercepted and destroyed an incoming tactical ballistic missile (TBM) target at White Sands Missile Range, N.M., on Thursday. This...
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Mar 14, 2002Lockheed Martin's Integrated Weapon System for Fridtjof Nansen F 310 Passes Critical Design Review with Flying Colors
Lockheed Martin marked a milestone in the Norwegian Navy New Frigate program with completion of the Critical Design Review for the Integrated Weapon System. As a result of the successful review,...
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Mar 10, 2002
Lockheed Martin Aeronautics Company, a business area of Lockheed Martin Corporation , is disappointed in the decision of employees represented by Local 709, International Association of Machinists...
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Mar 8, 2002
Lockheed Martin Aeronautics Company, a business area of Lockheed Martin Corporation , announced today that the five C-130J-30 transport aircraft appropriated in the 2002 U.S. defense budget have...
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Mar 5, 2002
Every time Merrill Reese announced a touchdown on Eagles Radio 94WYSP this past season, the children in the Philadelphia School District benefited. Today, Lockheed Martin donated 35 computers to...