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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Apr 23, 2024
Net sales of $17.2 billion Net earnings of $1.5 billion, or $6.39 per share Cash from operations of $1.6 billion and free cash flow of $1.3 billion $1.8 billion of cash returned to shareholders...
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Mar 7, 2024Success follows extended-range demonstration doubling range
DALLAs, March 7, 2024 – The U.S. Army successfully demonstrated Lockheed Martin’s (NYSE: LMT) next-generation Extended-Range GMLRS (ER GMLRS) against a target set at White Sands Missile Range,...
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Oct 17, 2023
Net sales of $16.9 billion, an increase of 2% year-over-year Net earnings of $1.7 billion, or $6.73 per share Cash from operations of $2.9 billion and free cash flow of $2.5 billion $2.5 billion...
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Oct 11, 2023
WHITE SANDS MISSILE RANGE, New Mexico, Oct. 11, 2023 – For the first time, a Lockheed Martin missile communication prototype successfully demonstrated a proof-of-concept for providing in-flight...
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Sep 1, 2023ER GMLRS demonstrates range and reliability in successful system qualification test
DALLAS, Aug. 30, 2023 – Lockheed Martin (NYSE: LMT) successfully demonstrated its next-generation Extended-Range Guided Multiple Launch Rocket System (ER GMLRS) in a flight test at White Sands...
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Jul 18, 2023
Net sales of $16.7 billion, an increase of 8% year-over-year Net earnings of $1.7 billion, or $6.63 per share Cash from operations of $1.1 billion and free cash flow of $0.8 billion $1.5 billion...
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Apr 28, 2023
DALLAS, April 28, 2023 – The U.S. Army has awarded Lockheed Martin (NYSE: LMT) a $615 million full-rate production contract to manufacture additional HIMARS launchers and associated equipment....
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Apr 27, 2023
The U.S. Army has awarded Lockheed Martin (NYSE: LMT) a Not-to-Exceed $4.79 billion contract to manufacture two full-rate production lots of GMLRS rockets and...
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Apr 18, 2023
Net sales of $15.1 billion Net earnings of $1.7 billion, or $6.61 per share, inclusive of non-operational gains of $44 million, or $0.18 per share Cash from operations of $1.6 billion and free...
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Jan 24, 2023
Net sales of $19.0 billion in the fourth quarter and $66.0 billion in 2022 Net earnings of $1.9 billion, or $7.40 per share, inclusive of non-operational charges of $129 million ($101 million, or...
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Oct 10, 2022The Extended-Range GMLRS moves closer to production as it completes another milestone in final phase of development program
DALLAS, October 10, 2022 – Lockheed Martin (NYSE: LMT) successfully demonstrated its next-generation Extended-Range Guided Multiple Launch Rocket System (ER GMLRS) in a test at White Sands...
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Sep 27, 2022
DALLAS, Sept. 27, 2022 – The U.S. Army has awarded Lockheed Martin (NYSE: LMT) a $158 million contract to produce additional Early Operational Capability (EOC) Precision Strike Missiles (PrSM)....
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Jul 12, 2022The M270A2 launcher will fire next-gen munitions and provide long-range precision fires through 2050
CAMDEN, Ark., July 12, 2022 – Lockheed Martin (NYSE: LMT) delivered the first Multiple Launch Rocket System (MLRS) M270A2 launcher to the U.S. Army in a ceremony today at the Precision Fires...
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Jan 25, 2022- Net sales of $17.7 billion in the fourth quarter and $67.0 billion in 2021
Lockheed Martin Corporation [NYSE: LMT] today reported fourth quarter 2021 net sales of $17.7 billion, compared to $17.0 billion in the fourth quarter of 2020. Net earnings from continuing...
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Oct 26, 2021- Net sales of $16.0 billion
Lockheed Martin Corporation [NYSE: LMT] today reported third quarter 2021 net sales of $16.0 billion, compared to $16.5 billion in the third quarter of 2020. Net earnings from continuing...
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Oct 14, 2021Milestone advances Precision Strike Missile toward Early Operating Capability in 2023
DALLAS, October 13, 2021 – Lockheed Martin’s (NYSE: LMT) Precision Strike Missile (PrSM) completed its longest flight to date, exceeding maximum threshold, with the U.S. Army today at...
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Mar 29, 2021Production, support equipment needs ramp up for Guided Multiple Launch Rocket System
DALLAS, Mar. 29, 2021 – Lockheed Martin (NYSE: LMT) received a $1.12 billion contract from the U.S. Army for Lot 16 production of Guided Multiple Launch Rocket System (GMLRS) rockets and...
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Mar 4, 2021Lockheed Martin’s Extended-Range Guided Multiple Launch Rocket System (ER GMLRS) will increase the range of the current munition offering enhanced capability, flexibility and ability to restore advantage for Commanders throughout the battlespace.
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Mar 4, 2021
DALLAs, March 4, 2021 – Lockheed Martin (NYSE: LMT) successfully tested its next-generation Extended-Range Guided Multiple Launch Rocket System (ER GMLRS) munition in an 80-kilometer flight...
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Jan 26, 2021- Net sales of $17.0 billion in the fourth quarter and $65.4 billion in 2020
Lockheed Martin Corporation [NYSE: LMT] today reported fourth quarter 2020 net sales of $17.0 billion, compared to $15.9 billion in the fourth quarter of 2019. Net earnings from continuing...
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Oct 20, 2020- Net sales of $16.5 billion
Lockheed Martin Corporation [NYSE: LMT] today reported third quarter 2020 net sales of $16.5 billion, compared to $15.2 billion in the third quarter of 2019. Net earnings from continuing...
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Aug 31, 2020
DALLAS August 31, 2020 – The U.S. Army awarded Lockheed Martin (NYSE: LMT) a $183 million contract to produce High Mobility Artillery Rocket System (HIMARS) launchers and associated hardware....
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Jul 21, 2020- Net sales of $16.2 billion
Lockheed Martin Corporation (NYSE: LMT) today reported second quarter 2020 net sales of $16.2 billion, compared to $14.4 billion in the second quarter of 2019. Net earnings in the second quarter...
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Jun 30, 2020Zero-time MLRS M270s will begin delivering next year to support the U.S. Army in the field
DALLAS, June 30, 2020 – Lockheed Martin (NYSE: LMT) received a $226 million contract from the U.S. Army to recapitalize an additional 44 Multiple Launch Rocket System (MLRS) M270 launchers. This...
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Apr 21, 2020- Net sales of $15.7 billion
Lockheed Martin Corporation (NYSE: LMT) today reported first quarter 2020 net sales of $15.7 billion, compared to $14.3 billion in the first quarter of 2019. Net earnings in the first quarter of...
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Jan 15, 2020Integrated Weapon System continues development
The Defense Advanced Research Projects Agency (DARPA) awarded Lockheed Martin (NYSE: LMT) a $31.9 million contract for the Operational Fires (OpFires) Phase 3 Weapon System Integration program....
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Sep 10, 2019
Arkansas officials joined Lockheed Martin (NYSE: LMT) executives to break ground on the new Long Range Fires Production Facility, the first of many expansions at the company's site in Camden. In June,
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Aug 7, 2019
Lockheed Martin (NYSE: LMT) opened a 30,000-square-foot building at its Lufkin, Texas, facility, and announced approximately 125 new jobs coming to the site over the next six years. "This...
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Jul 16, 2019First HIMARS Launcher Procurement by Poland
Lockheed Martin (NYSE: LMT) will produce High Mobility Artillery Rocket System (HIMARS) launchers and associated hardware for the U.S. Army, U.S. Marine Corps, Romania and Poland under a $492...
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May 15, 2019
DALLAS, May 15, 2019 – The U.S. Army awarded Lockheed Martin a $10.5 million contract to develop a new modular pod for Guided Multiple Launch Rocket System (GMLRS) rockets. The new pods will...
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Apr 23, 2019
The U.S. Army awarded Lockheed Martin a $362 million contract to recapitalize 50 of the U.S. Army's Multiple Launch Rocket System (MLRS) launchers. The U.S. Army's MLRS recapitalization effort...
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Mar 28, 2019
Lockheed Martin (NYSE: LMT) received a $1.13 billion contract from the U.S. Army for Lot 14 production of Guided Multiple Launch Rocket System (GMLRS) rockets and associated equipment. The...
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Sep 25, 2018
The U.S. Army awarded Lockheed Martin (NYSE: LMT) a $289 million contract to produce High Mobility Artillery Rocket System (HIMARS) launchers and associated hardware. The contract calls for the...
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Aug 14, 2018
The U.S. Army awarded Lockheed Martin (NYSE: LMT) a $218 million contract to produce High Mobility Artillery Rocket System (HIMARS) launchers and associated hardware for an international customer....
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Jun 25, 2018
Lockheed Martin (NYSE: LMT) announced a $364 million production contract for Army Tactical Missile System (ATACMS) missiles for the U.S. Army and a Foreign Military Sales customer. The program...
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May 7, 2018Lockheed Martin received a $828 million not-to-exceed contract from the U.S. Army for Guided Multiple Launch Rocket System rockets and associated equipment.
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May 7, 2018
Lockheed Martin (NYSE: LMT) received an $828 million not-to-exceed contract from the U.S. Army for Lot 13 production of Guided Multiple Launch Rocket System (GMLRS) rockets and associated...
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Dec 27, 2017
Lockheed Martin (NYSE: LMT) received a $110 million, five-year Phase 1 contract from the U.S. Air Force Research Laboratory (AFRL) to develop and demonstrate a new low-cost cruise missile called...
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Oct 4, 2017Defense at the Speed of Light, Advanced Threat Detection, and the Intersection of Land, Air, Sea, Space and Cyber Domains
WASHINGTON, D.C., Oct. 4, 2017 – Boosting soldiers’ battlefield edge through advances in information systems, uniting disparate technologies for the multi-domain battle and ballistic missile...
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Jul 12, 2017A Lockheed Martin GMLRS practice round blasts away from a HIMARS launcher during U.S. Army exercises at Fort Riley, Kansas.
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Jul 12, 2017
Lockheed Martin (NYSE: LMT) received a $471 million contract from the U.S. Army for Lot 12 production of Guided Multiple Launch Rocket System (GMLRS) rockets. The contract calls for the production...
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Jul 19, 2016-- Net sales of $12.9 billion
Lockheed Martin (NYSE: LMT) today reported second quarter 2016 net sales of $12.9 billion, compared to $11.6 billion in the second quarter of 2015. Net earnings in the second quarter of 2016 were...
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Jun 15, 2016
Lockheed Martin (NYSE: LMT) received a $331.8 million contract from the U.S. Army for Lot 11 production of Guided Multiple Launch Rocket System (GMLRS) rockets. The contract calls for the...
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Jan 26, 2016-- Net sales of $12.9 billion in the fourth quarter and $46.1 billion in 2015
Lockheed Martin (NYSE: LMT) today reported fourth quarter 2015 net sales of $12.9 billion, compared to $12.5 billion in the fourth quarter of 2014. Net earnings in the fourth quarter of 2015 were...
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Nov 8, 2015
Lockheed Martin's (NYSE: LMT) Army Tactical Missile System (ATACMS) and Guided Multiple Launch Rocket System (GMLRS) Unitary munitions recently underwent successful stockpile reliability tests....
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Sep 15, 2015Deal is part of $227 Million GMLRS Rocket Production Contract
Lockheed Martin (NYSE: LMT) received a $227 million contract from the U.S. Army for Lot 10 production of the Guided Multiple Launch Rocket System (GMLRS) Unitary, and the first order of GMLRS...
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Jan 27, 2015-- Net sales of $12.5 billion for the fourth quarter and $45.6 billion for 2014
Lockheed Martin Corporation (NYSE: LMT) today reported fourth quarter 2014 net sales of $12.5 billion compared to $11.5 billion in the fourth quarter of 2013. Net earnings from continuing...
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Jul 28, 2014
Lockheed Martin [NYSE: LMT] successfully completed all Developmental Test/Operational Test (DT/OT) flight tests for the new Guided Multiple Launch Rocket System (GMLRS) Alternative Warhead at...
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Apr 16, 2014
Lockheed Martin (NYSE: LMT) successfully conducted the fifth and final Production Qualification Test (PQT) for the new Guided Multiple Launch Rocket System (GMLRS) Alternative Warhead recently at...
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Mar 13, 2014
Lockheed Martin (NYSE: LMT) received a $255 million contract in late 2013 from the U.S. Army for Lot 9 production of the Guided Multiple Launch Rocket System (GMLRS) Unitary rocket. The new...
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Feb 3, 2014
Lockheed Martin [NYSE: LMT] successfully conducted the second Production Qualification Test (PQT) for the new Guided Multiple Launch Rocket System (GMLRS) Alternative Warhead recently at White...
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Jan 23, 2014-- Net sales of $11.5 billion for the fourth quarter and $45.4 billion for 2013
Lockheed Martin Corporation (NYSE: LMT) today reported fourth quarter 2013 net sales of $11.5 billion compared to $12.1 billion in the fourth quarter of 2012. Net earnings from continuing...
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Oct 15, 2013Significant Cost Reductions Expected
Lockheed Martin (NYSE: LMT) will move production of its Joint Light Tactical Vehicle (JLTV) to an assembly line at the company's award-winning Camden, Ark., manufacturing complex, where the...
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May 22, 2013
Lockheed Martin [NYSE: LMT] successfully conducted the first Engineering, Manufacturing and Development (EMD) flight of the new Guided Multiple Launch Rocket System (GMLRS) Alternative Warhead at...
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Jan 30, 2013
Lockheed Martin [NYSE: LMT] received a $197 million contract option from the U.S. Army for Guided Multiple Launch Rocket System (GMLRS) Unitary rocket production. This contract option was attached...
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Jul 19, 2012
Lockheed Martin [NYSE: LMT] has received a $353.2 million U.S. Army follow-on contract for the seventh production lot of Guided Multiple Launch Rocket System (GMLRS) Unitary rockets. Designed for...
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Apr 24, 2012
Lockheed Martin (NYSE: LMT) received a $79.4 million contract from the U.S. Department of Defense to develop a new variant of the Guided Multiple Launch Rocket System (GMLRS) that incorporates a...
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Nov 30, 2011
Lockheed Martin (NYSE: LMT) today tested a new Guided Multiple Launch Rocket System-Plus (GMLRS+) 'scalable effects' warhead, which enables users to select the range of the warhead's detonation...
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Aug 9, 2011
Lockheed Martin's (NYSE: LMT) new Guided Multiple Launch Rocket System-Plus (GMLRS+) extended-range rocket successfully completed a 120-kilometer mission at White Sands Missile Range, N.M., an...
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Jun 15, 2011
Lockheed Martin (NYSE: LMT) has received a $445 million follow-on contract for Guided Multiple Launch Rocket System (MLRS) Unitary rockets from the U.S. Army Aviation & Missile Command. This is...
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May 18, 2011
Lockheed Martin (NYSE: LMT) received a $45.3 million contract to upgrade 22 Finnish Army M270 Multiple Launch Rocket System (MLRS) launchers, incorporating the Universal Fire Control System and...
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Oct 19, 2010
Lockheed Martin (NYSE: LMT) will present a variety of program briefings for members of the media at the Association of the United States Army (AUSA) annual meeting in Washington, D.C. The AUSA...
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Apr 27, 2010
Lockheed Martin marked the delivery of the 10,000th Guided Multiple Launch Rocket System (GMLRS) rocket during a ceremony held at its Camden, AR, facility today. GMLRS is an all-weather, precision...
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Jan 11, 2010
Lockheed Martin dedicated an expanded state-of-the-art electronics fabrication and assembly facility during a ribbon cutting ceremony today. The new 50,000-square-foot addition effectively doubles...
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Feb 2, 2009
Lockheed Martin has received contracts totaling $603 million from the U.S. Army Aviation & Missile Command for the Guided Multiple Launch Rocket System (GMLRS) and the High Mobility Artillery...
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Aug 27, 2008
Lockheed Martin has received a $61 million follow-on contract for Guided Multiple Launch Rocket System (MLRS) Unitary rockets. To date, more than 850 GMLRS rockets have been fired in the Global...
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May 6, 2008
Lockheed Martin will host a ceremony on Thursday, May 8, at its facility in Camden, AR, to celebrate the delivery of the 5,000th Guided MLRS Rocket. Media members are invited to attend. (R.S.V.P....
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Feb 11, 2008
Lockheed Martin today released its media briefing schedule for the 2008 Singapore Airshow. Briefings will take place in the Lockheed Martin Chalet: Chalet Number CS02 unless otherwise designated...
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Jan 30, 2008
Lockheed Martin has received a $512 million contract to provide the High Mobility Artillery Rocket System (HIMARS) and the Guided Multiple Launch Rocket System (GMLRS) to the U.S. Army and to the...
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Jun 25, 2007
Lockheed Martin has received an $18 million contract for Low Cost Reduced-Range Practice Rockets (LCRRPR) for the Guided Multiple Launch Rocket System (GMLRS). The contract calls for the delivery...
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Jun 21, 2007
The Department of Defense has officially advanced Lockheed Martin's Guided Multiple Launch Rocket System (GMLRS) - Unitary into low-rate production. Additionally, the U.S. Army awarded the company...
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Apr 10, 2007
Lockheed Martin will host a rollout ceremony on Thursday, April 12, 2007, at its facility in Camden, AR, to celebrate the first full- rate production High Mobility Artillery Rocket System (HIMARS)...
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Nov 15, 2005
Lockheed Martin today released its schedule of press briefings for the Dubai Air Show. All briefings will be in Conference Room B of the air show press center unless otherwise designated....
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Aug 16, 2005
Lockheed Martin has received a $55 million Guided Multiple Launch Rocket System (GMLRS) rocket contract from the United Kingdom. This contract represents the first international sale of GMLRS. The...
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May 26, 2005
Lockheed Martin has delivered the first 72 Guided Multiple Launch Rocket System (GMLRS) Unitary rockets to the U.S. Army, satisfying a request for an immediate capability as part of an Urgent Need...
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Mar 21, 2005
Lockheed Martin has received a $10 million contract for 15 Multiple Launch Rocket System (MLRS) Future Fire Control Systems (FFCS) from the United Kingdom Ministry of Defence. The FFCS, when...
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Feb 16, 2005
Lockheed Martin has received a $108 million Low-Rate Initial Production-3 (LRIP-3) contract from the U.S. Army to produce 1,014 Guided Multiple Launch Rocket System (GMLRS) rockets. "The U.S. Army...
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Feb 9, 2005
Lockheed Martin recently conducted the fifth successful flight test of a Guided Multiple Launch Rocket System (GMLRS) Unitary rocket at White Sands Missile Range, NM. Test objectives included...
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Jul 13, 2004
Lockheed Martin successfully conducted the second flight test of a Guided Multiple Launch Rocket System (GMLRS) Unitary rocket at White Sands Missile Range, N.M., on June 30. The Guided Unitary...
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May 20, 2004
Lockheed Martin conducted a successful Guided Multiple Launch Rocket System (GMLRS) Unitary rocket test at White Sands Missile Range, NM. The GMLRS Unitary rocket is a spiral development program...
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Apr 8, 2004
Lockheed Martin will host a rollout ceremony on Thursday, April 15, 2004, at its facility in Camden, AR, for the newest members of the Multiple Launch Rocket System (MLRS) family: the High...
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Nov 24, 2003System Successful in Ground and Flight Tests
Lockheed Martin's High Mobility Artillery Rocket System (HIMARS) completed two Production Qualification Tests (PQTs) on November 19, successfully demonstrating performance in an operational...
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Oct 13, 2003
Lockheed Martin has received a $119 million contract to conduct System Development and Demonstration (SDD) for a Guided Multiple Launch Rocket System (GMLRS) variant with a single warhead. Work on...
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Jul 1, 2003
Lockheed Martin has received a $30 million Low-Rate Initial Production (LRIP) contract to begin producing the transformational Guided Multiple Launch Rocket System (GMLRS). The U.S. Army Aviation...