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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Oct 22, 2024
Net sales of $17.1 billion, an increase of 1% year over year Net earnings of $1.6 billion, or $6.80 per share Cash from operations of $2.4 billion and free cash flow of $2.1 billion $1.6 billion...
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Jul 23, 2024
Net sales of $18.1 billion, an increase of 9% year over year Net earnings of $1.6 billion, or $6.85 per share, inclusive of net non-operational charges of $79 million ($63 million, or $0.26 per...
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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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Apr 3, 2024
Orlando, Fla., April 3, 2024 – The U.S. Navy in partnership with Lockheed Martin [NYSE: LMT] successfully conducted a historic Long-Range Anti-Ship Missile (LRASM) flight test with four missiles...
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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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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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Jul 26, 2021- Net sales of $17.0 billion
Lockheed Martin Corporation [NYSE: LMT] today reported second quarter 2021 net sales of $17.0 billion, compared to $16.2 billion in the second quarter of 2020. Net earnings in the second quarter...
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Apr 21, 2021
MELBOURNE/CANBERRA, Australia, April 21, 2021 – Lockheed Martin (NYSE: LMT) and Thales Australia have finalized a teaming agreement advancing the delivery of an Australian guided weapons...
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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 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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Dec 18, 2018Department of Defense takes delivery of first production missiles
Lockheed Martin (NYSE: LMT) has delivered the first Long Range Anti-Ship Missiles (LRASM) to U.S. Air Force operational units, achieving Early Operational Capability (EOC) status ahead of...
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May 23, 2018Lockheed Martin's Long Range Anti-Ship Missile successfully completed another dual-missile test, demonstrating its ability to provide critical capabilities to warfighters.
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May 23, 2018Production Versions of the Missile Achieve Another Direct Hit
Lockheed Martin (NYSE: LMT) successfully fired two production representative Long Range Anti-Ship Missiles (LRASM) from a U.S. Air Force B-1B. In the event over the Sea Range at Point Mugu,...
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Mar 19, 2018Lockheed Martin successfully tested a production-configuration Long Range Anti-Ship Missile (LRASM) from a U.S. Air Force B-1B bomber. LRASM is a precision-guided, anti-ship standoff missile based on the successful Joint Air-to-Surface Standoff Missile - Extended Range.
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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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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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Oct 18, 2017The Lockheed Martin Long-Range Anti-Ship Missile successfully intercepts its target as part of a test launch from a U.S. Air Force B-1B this summer.
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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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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 3, 2017LRASM, designed to meet the needs of U.S. Navy and Air Force warfighters in anti-access/area-denial threat environments, won the 2017 Aviation Week Laureate Award in the Defense category.
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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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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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May 26, 2016
Lockheed Martin (NYSE: LMT) has received a $321.8 million sole-source contract from the U.S. Navy for the continuation of the Long Range Anti-Ship Missile (LRASM) integration and test phase. The...
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Jul 22, 2015Lockheed Martin's Skunk Works® successfully demos C4ISR and Electronic Warfare using Open Mission Systems
Lockheed Martin (NYSE: LMT) successfully integrated and flight tested seven Open Mission Systems (OMS) payloads in a span of less than three months into a U-2 Dragon Lady, marking the...
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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 15, 2014
Lockheed Martin (NYSE: LMT) recently demonstrated and validated that its Long Range Anti-Ship Missile (LRASM) can be launched from any MK 41 Vertical Launch System (VLS) by only modifying the...
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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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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...
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Jul 11, 2013
Lockheed Martin [NYSE: LMT] recently completed a series of Long Range Anti-Ship Missile (LRASM) captive carry flight tests at the Sea Range in Point Mugu, Calif., advancing the research program...
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Jun 3, 2013
Lockheed Martin [NYSE: LMT] successfully completed MK 41 Vertical Launch System (VLS) "push-through" testing of a simulated Long Range Anti-Ship Missile (LRASM). Four consecutive tests verified...
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Mar 5, 2013
Lockheed Martin [NYSE: LMT] has received a $71 million Long Range Anti-Ship Missile (LRASM) modification contract from the Defense Advanced Research Projects Agency (DARPA) to conduct air- and...
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Mar 5, 2013
Lockheed Martin [NYSE: LMT] has received a $71 million Long Range Anti-Ship Missile (LRASM) modification contract from the U.S. Navy to conduct air- and surface-launched flight tests and other...
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Sep 10, 2012
Lockheed Martin [NYSE: LMT] today announced its media briefing schedule for the 2012 Air Force Association (AFA) Air & Space Conference and Technology Exposition at the Gaylord National Resort &...
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Jul 16, 2012
Lockheed Martin's (NYSE: LMT) Long Range Anti-Ship Missile (LRASM) sensor suite recently completed its first flight during a captive carry flight test off the coast of northwest Florida using a...
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Jan 20, 2011
Lockheed Martin (NYSE: LMT) has received two contracts totaling $218 million for the Demonstration Phase of the Defense Advanced Research Project Agency's (DARPA) Long Range Anti-Ship Missile...