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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Jan 23, 2024
Net sales of $18.9 billion in the fourth quarter and $67.6 billion in 2023 Net earnings of $1.9 billion, or $7.58 per share in the fourth quarter; $6.9 billion, or $27.55 per share in 2023 Cash...
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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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Jul 19, 2022
Net sales of $15.4 billion Net earnings of $309 million, or $1.16 per share, inclusive of non-operational charges of $1.7 billion ($1.4 billion, or $5.16 per share, after-tax) Cash from operations of
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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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Sep 21, 2021High above the New Mexico desert, mobility aircraft air-launched surrogate cruise missiles in the first demonstration of a palletized strike mission
ORLANDO, Fla., Sept. 21, 2021 – In partnership with the Air Force, Lockheed Martin (NYSE: LMT) recently deployed Rapid Dragon munition pallets from C-17 and EC‑130 aircraft and released surrogate
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Apr 20, 2021- Net sales of $16.3 billion
Lockheed Martin Corporation [NYSE: LMT] today reported first quarter 2021 net sales of $16.3 billion, compared to $15.7 billion in the first quarter of 2020. Net earnings in the first quarter of...
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Feb 22, 2021$414 million contract awarded by U.S. Navy and U.S. Air Force is the largest in program history
ORLANDO, Fla., Feb. 12, 2021 – Lockheed Martin (NYSE: LMT) was awarded a $414 million contract from the U.S. Navy and Air Force for Long Range Anti-Ship Missile (LRASM) production. This is the...
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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 28, 2020
ORLANDO, Fla., Oct. 28, 2020 – The U.S. Air Force Strategic Development Planning and Experimentation (SDPE) Office awarded Lockheed Martin (NYSE: LMT) a $25 million contract to support the next...
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May 16, 2019225,000-square foot building addresses U.S. government's JASSM® inventory increase
U.S. Air Force and local Alabama officials joined Lockheed Martin (NYSE: LMT) executives today to break ground on the company's new strike systems production facility in Troy. The planned...
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Jan 15, 2019$172 million contract continues production of tactical missiles
ORLANDO, Fla., Jan. 15, 2019 – Lockheed Martin (NYSE: LMT) received a $172 million contract from the U.S. Navy and Air Force for Long Range Anti-Ship Missile (LRASM) production. The contract...
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Apr 24, 2018- Net sales of $11.6 billion
Lockheed Martin (NYSE: LMT) today reported first quarter 2018 net sales of $11.6 billion, compared to $11.2 billion in the first quarter of 2017. Net earnings in the first quarter of 2018 were...
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Mar 19, 2018LRASM Targets Early Operational Capability
Lockheed Martin (NYSE: LMT) successfully tested a production-configuration Long Range Anti-Ship Missile (LRASM) from a U.S. Air Force B-1B bomber. During the test, a B-1B from the 337th Test...
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Feb 6, 2018A U.S. Air Force F-15E Strike Eagle flies with a Joint Air-to-Surface Standoff Missile (JASSM). JASSM-Extended Range has more than two-and-a-half times the range of JASSM for greater standoff distance. Photo credit: U.S. Air Force.
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Feb 6, 2018
Lockheed Martin's (NYSE: LMT) Joint Air-to-Surface Standoff Missile (JASSM) – Extended Range (ER) achieved full operational capability on the F-15E Strike Eagle, flown by the U.S. and allied...
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Jan 29, 2018- Net sales of $15.1 billion in the fourth quarter and $51.0 billion in 2017
Lockheed Martin (NYSE: LMT) today reported fourth quarter 2017 net sales of $15.1 billion, compared to $13.8 billion in the fourth quarter of 2016. Net loss from continuing operations in the...
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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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Dec 12, 2017Test success brings LRASM closer to Early Operational Capability
Lockheed Martin (NYSE: LMT) successfully fired production-configuration Long Range Anti-Ship Missiles (LRASM) from a U.S. Air Force B-1B bomber. During the test over the Sea Range at Point Mugu,...
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Nov 14, 2017Lockheed Martin's Joint Air-to-Surface Standoff Missile (JASSM) is a long-range, conventional, air-to-ground, precision standoff missile for the U.S. and allied forces. The company received a contract from the U.S. Air Force to provide Intelligent Test Instrumentation Kits to be used on flight tests for telemetry and flight termination purposes.
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Nov 14, 2017
Lockheed Martin (NYSE: LMT) received a $44.1 million contract from the U.S. Air Force to produce Intelligent Test Instrumentation Kits (iTIK) to be used on Joint Air-to-Surface Standoff Missile...
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Oct 24, 2017- Net sales of $12.2 billion
Lockheed Martin (NYSE: LMT) today reported third quarter 2017 net sales of $12.2 billion, compared to $11.6 billion in the third quarter of 2016. Net earnings from continuing operations in the...
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Oct 18, 2017
Lockheed Martin's (NYSE: LMT) Long Range Anti-Ship Missile program was selected by Popular Science magazine as a winner in the Security category in the publication's annual "Best of What's New"...
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Aug 18, 2017Flight Test Marks the First Tactical LRASM Success
ORLANDO, Fla., Aug. 18, 2017 – Lockheed Martin [NYSE: LMT] successfully fired the first tactical configuration Long Range Anti-Ship Missile (LRASM) yesterday from a U.S. Air Force B-1B. In the...
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Jul 27, 2017
Lockheed Martin (NYSE: LMT) successfully conducted the first-ever launch yesterday of the Long Range Anti-Ship Missile (LRASM) surface-launch variant from a topside canister. The flight test, at...
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Jul 26, 2017U.S. Navy and Air Force Award Lockheed Martin First Production Lot for Long Range Anti-Ship Missiles$86.5 million contract marks first order of tactical missiles
Lockheed Martin (NYSE: LMT) received an $86.5 million contract from the U.S. Navy and Air Force for Long Range Anti-Ship Missile (LRASM) production. The contract marks the first production award...
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Jul 19, 2017
Lockheed Martin (NYSE: LMT) received an Undefinitized Contracting Action for $37.7 million from the U.S. Air Force for continued development of a new wing design for the Joint Air-to-Surface...
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Jul 18, 2017- Net sales of $12.7 billion
Lockheed Martin (NYSE: LMT) today reported second quarter 2017 net sales of $12.7 billion, compared to $11.6 billion in the second quarter of 2016. Net earnings from continuing operations in the...
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Jun 1, 2017
Lockheed Martin (NYSE: LMT) received a $413.8 million contract from the U.S. Air Force for Lot 15 production of the Joint Air-to-Surface Standoff Missile (JASSM)-Extended Range (ER) version. The...
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Apr 3, 2017
Lockheed Martin's (NYSE: LMT) Long Range Anti-Ship Missile (LRASM) was successfully released from a U.S. Navy F/A-18E/F Super Hornet at NAS Patuxent River, Maryland. The jettison release of the...
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Mar 8, 2017A Lockheed Martin JASSM missile closes in on a target during a test.
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Mar 8, 2017
Lockheed Martin's (NYSE: LMT) Joint Air-to-Surface Standoff Missile (JASSM) completed two product verification flight tests at White Sands Missile Range, New Mexico. Focused on demonstrating the...
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Mar 3, 2017
Lockheed Martin's (NYSE: LMT) Long Range Anti-Ship Missile (LRASM) was selected as a 2017 Aviation Week Laureate Award winner in the Defense category. The annual awards by the Aviation Week...
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Sep 6, 2016
Lockheed Martin (NYSE: LMT) recently delivered the 2,000th Joint Air-to-Surface Standoff Missile (JASSM®) to the U.S. Air Force. Completed under the 12th production lot, the 2,000th missile is a...
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Jul 21, 2016
Lockheed Martin (NYSE: LMT) recently conducted a successful controlled flight test of the Long Range Anti-Ship Missile (LRASM) surface-launch variant from the Self Defense Test Ship at Pt. Mugu...
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Feb 25, 2016
Lockheed Martin (NYSE: LMT) recently received a $7.9 million Foreign Military Sales contract from the U.S. Air Force to support additional integration of the Joint Air-to-Surface Standoff Missile...
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Dec 16, 2015
Lockheed Martin (NYSE: LMT) has received a $302.2 million contract from the U.S. Air Force for continued production of the Joint Air-to-Surface Standoff Missile (JASSM®) and its Extended Range...
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Oct 15, 2015This contract represents the largest JASSM-ER order to date
Lockheed Martin (NYSE: LMT) has received a $305.4 million contract from the U.S. Air Force for continued production of the Joint Air-to-Surface Standoff Missile (JASSM) and its Extended Range (ER)...
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Sep 14, 2015Lockheed Martin receives contract to provide Poland with precision-guided standoff cruise missile capability
Lockheed Martin (NYSE: LMT) has received a Foreign Military Sales contract from the U.S. Air Force to provide the Joint Air-to-Surface Standoff Missile (JASSM) to the Polish Air Force for its F-16...
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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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Dec 15, 2014
The U.S. Air Force has approved full rate production for Lockheed Martin's (NYSE: LMT) Joint Air-to-Surface Standoff Missile – Extended Range (JASSM-ER). JASSM-ER successfully completed U.S. Air...
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Feb 27, 2014
Lockheed Martin [NYSE: LMT] broke ground today for its Pike County Operations' Long Range Strike Systems cruise missile production annex in Troy, Ala. The planned 62,000 square-foot annex will...
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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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Jan 10, 2014
Lockheed Martin [NYSE: LMT] received a $13.3 million Foreign Military Sales contract in November from the U.S. Air Force to support additional integration of the Joint Air-to-Surface Standoff...
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Jan 9, 2014
Lockheed Martin (NYSE: LMT) received two production contracts on Dec. 19 totaling $449 million from the U.S. Air Force for continued production of the Joint Air-to-Surface Standoff Missile (JASSM)...
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Nov 14, 2013
Lockheed Martin's [NYSE: LMT] Long Range Anti-Ship Missile (LRASM) recently achieved another successful flight test, with the missile scoring a direct hit on a moving maritime target. The test was...
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Oct 22, 2013-- Net sales decreased 4 percent to $11.3 billion
Lockheed Martin Corporation (NYSE: LMT) today reported third quarter 2013 net sales of $11.3 billion compared to $11.9 billion in the third quarter of 2012. Net earnings from continuing operations...
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Sep 17, 2013
Lockheed Martin [NYSE: LMT] successfully launched the first Long Range Anti-Ship Missile (LRASM) Boosted Test Vehicle (BTV) from a MK 41 Vertical Launch System (VLS) canister at White Sands...
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Sep 9, 2013
Lockheed Martin (NYSE: LMT) today announced its media briefing schedule for the 2013 Air Force Association (AFA) Air & Space Conference and Technology Exposition at the Gaylord National Resort &...
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Sep 9, 2013
Lockheed Martin (NYSE: LMT) recently completed a successful first flight test of the Long Range Anti-Ship Missile (LRASM) in support of the Defense Advanced Research Projects Agency (DARPA) and...