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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Feb 6, 2024MoU underscores the importance of industrial partnerships between the U.S, Sweden
MARIETTA, Georgia, Feb. 6, 2024 — Lockheed Martin (NYSE: LMT) and MilDef announced a memorandum of understanding (MoU) today to strengthen aerospace collaboration through Lockheed Martin’s...
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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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Nov 16, 2023
White Sands Missile Range, NM, Nov. 16, 2023 - For the first time, Lockheed Martin’s Patriot Advanced Capability – 3 (PAC-3) successfully integrated with the Lower Tier Air and Missile Defense...
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Oct 31, 2023
Bern, Switzerland, Oct. 31, 2023 – U.S. and Switzerland officials formalized an agreement for Switzerland to purchase Lockheed Martin’s (NYSE:LMT) Patriot Advanced Capability-3 (PAC-3) Missile...
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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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Jul 10, 2023
MOORESTOWN, N.J., July 10, 2023– For the first time, Lockheed Martin’s Patriot Advanced Capability – 3 (PAC-3) Missile Segment Enhancement (MSE) interceptor successfully communicated with...
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May 11, 2023
WHITE SANDS MISSILE RANGE, New Mexico, May 11, 2023 – A German-modified M903 launcher successfully launched a Lockheed Martin (NYSE: LMT) PAC-3 Missile Segment Enhancement (MSE) interceptor in a...
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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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Mar 28, 2023PAC-3 MSE successfully intercepts medium range ballistic missile in flight test
KWAJALEIN ATOLL, MARSHALL ISLANDS, March 28, 2023 – In a flight test on March 23, 2023, Lockheed Martin’s (NYSE: LMT) PAC-3 Missile Segment Enhancement (MSE) successfully engaged and...
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Oct 18, 2022
Net sales of $16.6 billion and net earnings of $1.8 billion, or $6.71 per share Cash from operations of $3.1 billion and free cash flow of $2.7 billion Returned $2.1 billion of cash to...
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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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Apr 19, 2022
Net sales of $15.0 billion Net earnings of $1.7 billion, or $6.44 per share Cash from operations of $1.4 billion and free cash flow of $1.1 billion Returned $2.8 billion of cash to shareholders...
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Mar 29, 2022THAAD Weapon System successfully launches PAC-3 MSE and intercepts target
WHITE SANDS MISSILE RANGE, New Mexico, March 29, 2022 – Today, Lockheed Martin (NYSE: LMT), the Missile Defense Agency (MDA) and the U.S. Army successfully further integrated the PAC-3 Missile...
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May 10, 2021Country among 11 in the world to choose PAC-3 Missile Segment Enhancement (MSE)
DALLAS, May 10, 2021 – Lockheed Martin successfully delivered Sweden’s first Patriot Advanced Capability-3 (PAC-3) Missile Segment Enhancement (MSE) interceptors in April, providing the...
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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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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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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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Apr 30, 2020
Lockheed Martin (NYSE: LMT) received a $6.07 billion contract from the U.S. Army for the production of Patriot Advanced Capability-3 (PAC-3) Missile Segment Enhancement (MSE) interceptors and...
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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 28, 2020- Net sales of $15.9 billion in the fourth quarter and $59.8 billion in 2019
Lockheed Martin Corporation (NYSE: LMT) today reported fourth quarter 2019 net sales of $15.9 billion, compared to $14.4 billion in the fourth quarter of 2018. Net earnings in the fourth quarter...
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Oct 22, 2019- Net sales of $15.2 billion
Lockheed Martin Corporation (NYSE: LMT) today reported third quarter 2019 net sales of $15.2 billion, compared to $14.3 billion in the third quarter of 2018. Net earnings in the third quarter of...
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Aug 30, 2019
Lockheed Martin's (NYSE: LMT) Terminal High Altitude Area Defense (THAAD) system successfully intercepted a medium-range ballistic missile (MRBM) target today in a missile defense test led by the...
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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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Apr 23, 2019- Net sales of $14.3 billion
Lockheed Martin Corporation (NYSE: LMT) today reported first quarter 2019 net sales of $14.3 billion, compared to $11.6 billion in the first quarter of 2018. Net earnings in the first quarter of...
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Jan 29, 2019- Net sales of $14.4 billion in the fourth quarter and $53.8 billion in 2018
Lockheed Martin Corporation (NYSE: LMT) today reported fourth quarter 2018 net sales of $14.4 billion, compared to $13.8 billion in the fourth quarter of 2017. Net earnings from continuing...
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Dec 21, 2018
The United States and allied military forces will upgrade their missile defense capabilities under a $1.8 billion contract for production and delivery of Lockheed Martin (NYSE: LMT) Patriot...
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Aug 10, 2018
Today U.S. and Sweden officials formalized an agreement for Sweden to purchase Lockheed Martin's (NYSE: LMT) Patriot Advanced Capability-3 (PAC-3) Missile Segment Enhancement (MSE) missiles and...
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Jul 24, 2018- Net sales of $13.4 billion
Lockheed Martin (NYSE: LMT) today reported second quarter 2018 net sales of $13.4 billion, compared to $12.6 billion in the second quarter of 2017. Net earnings in the second quarter of 2018 was...
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Mar 28, 2018
Today U.S. and Polish officials formalized an agreement for Poland to purchase Lockheed Martin's (NYSE: LMT) Patriot Advanced Capability-3 (PAC-3) Missile Segment Enhancement (MSE) missiles and...
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Feb 8, 2018
The United States and allied military forces will upgrade their missile defense capabilities under a $524 million contract modification for production and delivery of Lockheed Martin (NYSE: LMT)...
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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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Jan 26, 2018
The Missile Defense Agency (MDA) has awarded Lockheed Martin (NYSE: LMT) a $459 million contract modification for production and delivery of interceptors for the Terminal High Altitude Area...
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Dec 21, 2017
The United States and allied military forces will upgrade their missile defense capabilities under a new $944 million contract for production and delivery of Lockheed Martin (NYSE: LMT) Patriot...
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Nov 30, 2017
Lockheed Martin (NYSE: LMT) participated in a signing ceremony with U.S. and Romanian officials formalizing an agreement for Romania to purchase the Patriot Advanced Capability-3 (PAC-3) Missile...
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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 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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Jul 11, 2017
The Lockheed Martin (NYSE: LMT) built Terminal High Altitude Area Defense (THAAD) system successfully intercepted a target today in a missile defense test led by the U.S. Missile Defense Agency...
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Apr 25, 2017- Net sales of $11.1 billion
Lockheed Martin (NYSE: LMT) today reported first quarter 2017 net sales of $11.1 billion, compared to $10.4 billion in the first quarter of 2016. Net earnings from continuing operations in the...
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Jan 24, 2017-- Net sales of $13.8 billion in the fourth quarter and $47.2 billion in 2016
Lockheed Martin (NYSE: LMT) today reported fourth quarter 2016 net sales of $13.8 billion, compared to $11.5 billion in the fourth quarter of 2015. Net earnings from continuing operations in the...
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Dec 22, 2016Domestic and International Orders
The United States and allied military forces will upgrade their missile defense capabilities under a new $1.45 billion contract for production and delivery of Lockheed Martin [NYSE: LMT] Patriot...
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Aug 16, 2016
The U.S. Army recently declared Initial Operational Capability (IOC) for the Lockheed Martin (NYSE: LMT) PAC-3 Missile Segment Enhancement (MSE) interceptor. "This is an extremely significant...
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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 2, 2016German Bundeswehr shows off the future of air and missile defense in Berlin
For the first time, visitors to this year's ILA Berlin Air Show have the opportunity to view all components of Germany's future air and missile defense system called Taktisches Luftverteidigungssystem
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Apr 26, 2016-- Net sales of $11.7 billion
Lockheed Martin (NYSE: LMT) today reported first quarter 2016 net sales of $11.7 billion, compared to $10.1 billion in the first quarter of 2015. Net earnings in the first quarter of 2016 were...
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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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Jan 4, 2016
The Missile Defense Agency awarded Lockheed Martin (NYSE:LMT) a $528 million contract in December 2015 for production and delivery of interceptors for the Terminal High Altitude Area Defense...
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Dec 14, 2015Domestic and International Orders
The United States and allied military forces will upgrade their missile defense capabilities under a new $1.1 billion contract for production and delivery of Lockheed Martin [NYSE: LMT]-built...
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Dec 10, 2015
A Lockheed Martin (NYSE: LMT) PAC-3 Missile Segment Enhancement (PAC-3 MSE) missile successfully engaged and intercepted a tactical ballistic missile target today at White Sands Missile Range, New...
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Nov 24, 2015
A Lockheed Martin (NYSE: LMT) PAC-3 Missile successfully intercepted an incoming target on Thursday, Nov. 19, as part of a U.S. Army-led missile defense flight test at White Sands Missile Range,...
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Jul 24, 2015
United States and allied military forces are set to upgrade key missile defense capabilities under a new $1.5 billion contract for production and delivery of Patriot Advanced Capability-3 (PAC-3)...
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Jul 20, 2015-- Net sales of $11.6 billion
Lockheed Martin (NYSE: LMT) today reported second quarter 2015 net sales of $11.6 billion, compared to $11.3 billion in the second quarter of 2014. Net earnings in the second quarter of 2015 were...
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Jul 9, 2015
Lockheed Martin [NYSE:LMT] delivered the 100th interceptor for the Terminal High Altitude Area Defense (THAAD) system in a recent ceremony at the company's Troy, Alabama, facility. THAAD is a key...
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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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Oct 15, 2014
The Government of Qatar has selected Lockheed Martin's [NYSE: LMT] PAC-3 Missile, becoming the newest international customer for the program. The initial contract is for missile and command launch...
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Jul 14, 2014
Lockheed Martin (NYSE: LMT) received a contract award recently totaling $212 million from the U.S. Army Aviation and Missile Command for Patriot Advanced Capability-3 (PAC-3) Maintenance &...
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May 21, 2014
At the ILA Berlin Air Show this week, MBDA and Lockheed Martin business leaders are marking 10 years of industrial cooperation on the Medium Extended Air Defense System (MEADS). MEADS is a...
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Apr 28, 2014
The Medium Extended Air Defense System (MEADS) development results will enable Germany to build its future air and missile defense system. This was underscored by Lockheed Martin (NYSE: LMT)...
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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 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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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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Aug 15, 2013
Lockheed Martin [NYSE: LMT] conducted a successful PAC-3 Missile flight test today at White Sands Missile Range, N.M., in which PAC-3 successfully detected, tracked and intercepted an aerodynamic,...
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Aug 12, 2013Kuwait Becomes Sixth PAC-3 International Customer
Lockheed Martin [NYSE: LMT] received a $308 million contract modification from the U.S. Army Aviation and Missile Command for hardware and services associated with the combat-proven PATRIOT...
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Jul 23, 2013- Net sales decreased 4 percent to $11.4 billion
Lockheed Martin Corporation (NYSE: LMT) today reported second quarter 2013 net sales of $11.4 billion compared to $11.9 billion in the second quarter of 2012. Net earnings in the second quarter of...
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Jun 6, 2013First time demonstration of multi-target engagement
Lockheed Martin's (NYSE: LMT) PAC-3 Missile Segment Enhancement (MSE) Missile successfully engaged, intercepted and destroyed two different threat representative targets during a flight test today...
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Apr 12, 2013
Lockheed Martin's (NYSE: LMT) PAC-3 Missile successfully detected, tracked and intercepted a tactical ballistic missile (TBM) in a Lower Tier Project Office flight test today at White Sands...
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Feb 11, 2013
Lockheed Martin [NYSE: LMT] today announced its media briefing schedule for IDEX 2013. At the show, Lockheed Martin will highlight its role as a trusted partner for countries in the Middle East...
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Jan 24, 2013- Net sales of $12.1 billion for fourth quarter 2012 and $47.2 billion for 2012
Lockheed Martin Corporation (NYSE: LMT) today reported fourth quarter 2012 net sales of $12.1 billion compared to $12.2 billion in the fourth quarter of 2011. Net earnings from continuing...
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Jan 10, 2013
Lockheed Martin (NYSE: LMT) received a contract totaling $755 million from the U.S. Army Aviation and Missile Command for hardware and services associated with the combat-proven PATRIOT Advanced...
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Oct 25, 2012
Lockheed Martin's (NYSE: LMT) Aegis Ballistic Missile Defense System, Patriot Advanced Capability-3 (PAC-3) Missile and Terminal High-Altitude Area Defense (THAAD) Weapon System successfully...
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Oct 25, 2012
Lockheed Martin's (NYSE: LM) Aegis Ballistic Missile Defense System, Patriot Advanced Capability-3 (PAC-3) Missile and Terminal High-Altitude Area Defense (THAAD) Weapon System successfully...
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Sep 13, 2012
Lockheed Martin's [NYSE: LMT] PAC-3 Missile successfully detected, tracked and intercepted an aerodynamic tactical ballistic missile (TBM) target in a test today at White Sands Missile Range, N.M....
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Aug 29, 2012
Lockheed Martin's [NYSE: LMT] PAC-3 Missile successfully destroyed a tactical ballistic missile (TBM) target today at White Sands Missile Range, N.M., in an Operational Test conducted by the U.S....
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Aug 9, 2012
What: Lockheed Martin will provide updates on its programs supporting the country's multi-layered missile defense system during the Space and Missile Defense Conference in Huntsville, Ala. Who:...
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Jul 24, 2012- Net sales of $11.9 billion
Lockheed Martin Corporation (NYSE: LMT) today reported second quarter 2012 net sales of $11.9 billion compared to $11.5 billion in 2011. Net earnings from continuing operations for the second...
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Jul 19, 2012
Lockheed Martin [NYSE: LMT] received a $68.9 million contract to prepare the Patriot Advanced Capability-3 (PAC-3) Missile production line for the introduction of the Missile Segment Enhancement...
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Apr 26, 2012
Lockheed Martin's [NYSE: LMT] PAC-3 Missile successfully intercepted and destroyed a cruise missile target yesterday at the Utah Test and Training Range in an unprecedented interoperability...
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Apr 26, 2012-- Net sales increased 6 percent to $11.3 billion
Lockheed Martin Corporation (NYSE: LMT) reports first quarter 2012 net sales of $11.3 billion compared to $10.6 billion in 2011. Earnings from continuing operations during the first quarter of...
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Jan 30, 2012
Lockheed Martin [NYSE: LMT] received contracts totaling $921 million from the U.S. Army Aviation and Missile Command for hardware and services associated with the combat-proven Patriot Advanced...
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Jan 26, 2012
-- Net sales of $12.2 billion -- Earnings from continuing operations of $698 million and per diluted share of $2.14 -- Cash from operations of $1.1 billion after accelerating pension contributions...
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Jan 17, 2012
Lockheed Martin-developed (NYSE: LMT) missile defense system elements achieved 16 significant milestones during 2011, further solidifying the corporation's position as a leader in ballistic...
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Nov 10, 2011
The Medium Extended Air Defense System (MEADS) system elements have successfully performed a simulated engagement against real-world air and representative missile threats demonstrating MEADS'...
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Nov 1, 2011
Lockheed Martin's (NYSE: LMT) PAC-3 Missile successfully detected, tracked and intercepted an aerodynamic tactical ballistic missile target today in a flight test at White Sands Missile Range,...
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Oct 26, 2011- Net sales grew 7 percent to $12.1 billion
Lockheed Martin Corporation (NYSE: LMT) today reported third quarter 2011 net sales of $12.1 billion, compared to $11.3 billion in 2010. Earnings from continuing operations during the third...
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Jul 26, 2011- Net sales of $11.6 billion
Lockheed Martin Corporation (NYSE: LMT) today reported second quarter 2011 net sales of $11.6 billion, compared to $11.3 billion in 2010. Earnings from continuing operations for the second quarter...
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Jul 5, 2011Represents highest number of awards given this year to one corporation
Recognizing industrial security excellence, the Defense Security Service (DSS) has announced that Lockheed Martin (NYSE: LMT) has been awarded four of its 2011 James S. Cogswell Outstanding...
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Apr 26, 2011- Net sales of $10.6 billion
Lockheed Martin Corporation (NYSE: LMT) today reported first quarter 2011 net sales of $10.6 billion, compared to $10.3 billion in 2010. Earnings from continuing operations for the first quarter...
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Mar 2, 2011
Lockheed Martin's (NYSE: LMT) enhanced version of the combat-proven PAC-3 Missile, the PAC-3 Missile Segment Enhancement (MSE), successfully intercepted a threat representative tactical ballistic...
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Sep 22, 2010
The Medium Extended Air Defense System (MEADS) program has presented a required life cycle cost estimate to the three partner nations that proves the MEADS system design will significantly reduce...
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Sep 21, 2010
Lockheed Martin (NYSE: LMT) delivered the 1,000th Patriot Advanced Capability-3 (PAC-3) Missile to the U.S. Army last week during a ceremony at its state-of-the-art PAC-3 Missile production...
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May 26, 2010
Lockheed Martin dedicated the expansion of its state-of-the-art Patriot Advanced Capability-3 (PAC-3) Missile production complex in Camden, AR, during a ribbon cutting ceremony today. The company...
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Feb 18, 2010
Lockheed Martin's enhanced version of the combat-proven PAC-3 Missile, the PAC-3 Missile Segment Enhancement (MSE), successfully intercepted a threat representative tactical ballistic missile...
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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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Dec 16, 2009
Lockheed Martin missile defense systems achieved several key milestones in 2009, including five successful intercepts and numerous other major accomplishments, further solidifying Lockheed Martin...
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Oct 28, 2009
JS Myoko, Japan's third destroyer equipped with Lockheed Martin's Aegis Ballistic Missile Defense (BMD) system, successfully intercepted and destroyed a ballistic missile target above the...
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Oct 26, 2009
The U.S. Department of Defense's Missile Defense Agency (MDA) awarded Lockheed Martin a $1 billion contract for continued development and evolution of the Aegis Ballistic Missile Defense (BMD)...
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Oct 15, 2009
Lockheed Martin announced that it successfully launched a target missile for today's ATM-48 intercept test of the U.S. Army's Patriot Advanced Capability-2 (PAC-2) air defense system. Under the...
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Sep 28, 2009
Airmen of the Japanese Self Defense Force and Lockheed Martin successfully conducted the second Japanese PAC-3 Missile flight test recently at White Sands Missile Range, NM. The PAC-3 Missiles...
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Aug 3, 2009
Charles "Willy" Moore has been named Chief Executive - United Arab Emirates for Lockheed Martin Global, Inc., with responsibility for coordinating the corporation's relationship and ongoing...