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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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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Mar 27, 2023LRMF will significantly extend PrSM’s range—and accelerate PrSM Inc. 4 development
Grand Prairie, Texas, March 27, 2023 – The U.S. Army’s Aviation and Missile Center has selected Lockheed Martin (NYSE: LMT) to develop an advanced propulsion Long Range Maneuverable Fires...
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Feb 2, 2023
Yuma, Ariz. (February 2, 2023) – The Precision Strike team successfully fired two Spike NLOS all up rounds (AURs) from the Apache Echo Model V6 on January 26, 2023, at Yuma Proving Ground in...
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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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Aug 1, 2022
BETHESDA, Md., August 1, 2022 -- Lockheed Martin (NYSE: LMT) today announced that Missiles and Fire Control (MFC) Executive Vice President Scott T. Greene is retiring, effective Dec. 31, 2022,...
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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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May 17, 2022
EDWARDS AIR FORCE BASE, Calif., May 12 2022 – The U.S. Air Force and Lockheed Martin [NYSE: LMT] successfully conducted a hypersonic-boosted flight test of the AGM-183A Air-launched Rapid...
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May 10, 2022Lockheed Martin Delivers Long-Range Precision Strike Missile System on Joint Light Tactical Vehicles
ORLANDO, Fla., May 10, 2022 - Lockheed Martin [NYSE: LMT] successfully delivered the Spike Non-Line-of-Site (NLOS) missile system on the Oshkosh’s Joint Light Tactical Vehicle (JLTV) to US...
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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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Oct 7, 2021Land-based Hypersonic System Takes One Step Closer to Combat Capability
TACOMA, Wash., Oct. 7, 2021 – Today Lockheed Martin (NYSE: LMT) celebrated with the U.S. Army the delivery of critical ground equipment for its Long Range Hypersonic Weapon (LRHW) system –...
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May 12, 2021400-km flight proves reliability as missile advances closer to early Army fielding of new long-range precision fires capabilities
DALLAS, May 12, 2021 – Lockheed Martin’s (NYSE: LMT) Precision Strike Missile (PrSM) successfully completed its fourth consecutive flight test with the U.S. Army today in a 400-kilometer...
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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, 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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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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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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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 30, 2020Achievement advances missile closer to early Army acquisition of new long-range capabilities
Lockheed Martin (NYSE: LMT) successfully tested its next-generation long-range missile designed for the Army's Precision Strike Missile (PrSM) program at White Sands Missile Range, New Mexico. All...
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Mar 10, 2020Lockheed Martin successfully tested its next-generation long-range missile designed for the Army’s Precision Strike Missile (PrSM) program March 10, 2020, demonstrating a flawless second performance following the missile’s inaugural flight in December 2019, shown here.
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Mar 10, 2020
Lockheed Martin (NYSE: LMT) successfully tested its next-generation long-range missile designed for the Army's Precision Strike Missile (PrSM) program at White Sands Missile Range, NM. All...
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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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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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Dec 10, 2019Achievement advances missile closer to early U.S. Army acquisition of new long-range capabilities
Lockheed Martin (NYSE: LMT) successfully tested its next-generation long-range missile designed for the U.S. Army's Precision Strike Missile (PrSM) program at White Sands Missile Range, New...
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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
On August 29, the U.S. Army awarded Lockheed Martin (NYSE: LMT) a contract at an estimated value of $347 million as part of a multi-year hypersonic weapons development in support of the Army's...
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Jul 23, 2019- Net sales of $14.4 billion
Lockheed Martin Corporation (NYSE: LMT) today reported second quarter 2019 net sales of $14.4 billion, compared to $13.4 billion in the second quarter of 2018. Net earnings in the second quarter...
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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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Jun 25, 2019
Lockheed Martin (NYSE: LMT) received a $561.8 million production contract for Army Tactical Missile System (ATACMS) missiles for the U.S. Army and Foreign Military Sales (FMS) customers. The...
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Jun 17, 2019Rapid development and testing continues through 2019
The U.S. Air Force and Lockheed Martin (NYSE: LMT) successfully flight tested the AGM-183A Air-Launched Rapid Response Weapon (ARRW) on the service's B-52 Stratofortress out of Edwards Air Force...
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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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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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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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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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Oct 23, 2018- Net sales of $14.3 billion
Lockheed Martin (NYSE: LMT) today reported third quarter 2018 net sales of $14.3 billion, compared to $12.3 billion in the third quarter of 2017. Net earnings in the third quarter of 2018 were...
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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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Jul 18, 2018
LONGBOW Limited Liability Company (LLC) and the U.S. Army have definitized contracts valued at $170.5 million to provide LONGBOW Fire Control Radar (FCR) hardware for Apache AH-64E helicopters...
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Jul 16, 2018
Lockheed Martin (NYSE: LMT) and Rafael Advanced Defense Systems Ltd., of Israel, signed a Memorandum of Understanding (MOU) to evaluate potential markets and customer requirements for Rafael's...
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Jun 27, 2018
Lockheed Martin's (NYSE: LMT) Joint Air-to-Ground Missile (JAGM) system has successfully passed its Defense Acquisition Board review and achieved milestone C. The signed Acquisition Decision...
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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, 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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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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Oct 11, 2017
Lockheed Martin (NYSE: LMT) conducted another successful Army Tactical Missile System (ATACMS) modernization flight test recently at White Sands Missile Range, New Mexico. All test objectives were...
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Aug 29, 2017
Archbald, Pa., Aug. 29, 2017 – Lockheed Martin (NYSE: LMT) reached a significant program milestone by delivering its 100,000th Paveway II Plus Laser Guided Bomb (LGB) in support of enhancing...
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Aug 14, 2017
Lockheed Martin (NYSE: LMT) has received a $161 million production contract for the Army Tactical Missile System (ATACMS) missile for the U.S. Army. The missiles will be produced at Lockheed...
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Aug 10, 2017
Lockheed Martin (NYSE: LMT) has delivered the first Army Tactical Missile System (ATACMS) missile to the U.S. Army from the company's new production facility in Camden, Arkansas. Lockheed Martin...
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Jul 6, 2017
Lockheed Martin (NYSE: LMT) received a $73.8 million contract from the U.S. Army for Phase 2 of the Long Range Precision Fires (LRPF) program. LRPF is the U.S. Army's program envisioned to provide...
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Feb 21, 2017
The Naval Surface Warfare Center (NSWC), Crane Division, has awarded Lockheed Martin [NYSE: LMT] $150 million in follow-on production contracts to provide the U.S. Marine Corps with the Target...
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Aug 8, 2016
Lockheed Martin's (NYSE: LMT) new Dual Mode Plus laser guided bomb (LGB) successfully completed two recent flight tests at the Naval Air Warfare Center Weapons Division in China Lake, California....
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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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Mar 29, 2016
Lockheed Martin (NYSE: LMT) has restarted its Tactical Missile System (TACMS) production line at the company's facility in Camden, Arkansas. For more than 20 years, TACMS (formerly ATACMS) was...
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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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Jan 12, 2016
Lockheed Martin's (NYSE: LMT) High Mobility Artillery Rocket System (HIMARS) recently achieved a significant milestone with U.S. military forces, reaching one million operational hours. With a...
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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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Jul 13, 2015
Lockheed Martin (NYSE: LMT) demonstrated its multi-mode Joint Air-to-Ground Missile (JAGM), engaging two laser-designated stationary targets during recent Government-led flight tests at Eglin Air...
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Jun 17, 2015
Lockheed Martin (NYSE: LMT) recently received a contract to deliver Sniper Advanced Targeting Pods (ATP) to the Royal Jordanian Air Force (RJAF) in support of urgent operational requirements....
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May 13, 2015
Lockheed Martin (NYSE: LMT) received a $174 million Foreign Military Sales (FMS) contract for Army Tactical Missile System (ATACMS) production for the U.S. Army and the United Arab Emirates....
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Apr 30, 2015
Lockheed Martin [NYSE: LMT] marked the 1,000th Sniper Advanced Targeting Pod (ATP) delivery during a ceremony held yesterday at its Missiles and Fire Control facility in Orlando, Florida. The...
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Jan 7, 2015
Lockheed Martin (NYSE: LMT) received a $78 million contract from the U.S. Army for upgrades to the Army Tactical Missile System (ATACMS). The program will take hardware from early-production...
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Aug 4, 2014
Lockheed Martin's (NYSE: LMT) Dual Mode Laser Guided Bomb (DMLGB) was successfully employed during recent U.S. Marine Corps weapons and tactics instructor training. During the training exercises...
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Jul 23, 2014
Lockheed Martin (NYSE: LMT) recently demonstrated its Joint Air-to-Ground Missile (JAGM) dual-mode guidance section during a second internally funded flight test at Eglin Air Force Base, Florida....
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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 20, 2014
Lockheed Martin [NYSE: LMT] recently demonstrated the Joint Air-to-Ground Missile (JAGM) dual-mode guidance section engaging a laser-designated moving target during an internally funded flight...
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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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Jul 12, 2013
Lockheed Martin (NYSE: LMT) recently delivered the 100th Electro-Optical Targeting System (EOTS) for the F-35 Lightning II. EOTS provides affordable, high performance multifunction targeting to...
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Jun 10, 2013
Lockheed Martin [NYSE: LMT] received a $34.2 million Foreign Military Sales contract from the U.S. Air Force to support additional integration of the Joint Air-to-Surface Standoff Missile (JASSM)...
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May 13, 2013
Lockheed Martin's (NYSE: LMT) Joint Air-to-Surface StandoffMissile (JASSM®) Extended Range successfully completed U.S. Air Force Initial Operational Test and Evaluation (IOT&E) flight testing,...
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Apr 15, 2013
Lockheed Martin [NYSE: LMT] successfully demonstrated the launch, guided flight, target acquisition and precision strike capability of its Nemesis missile in three flight tests at White Sands...
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Feb 14, 2013
Lockheed Martin's (NYSE: LMT) Joint Air-to-Surface StandoffMissile (JASSM®) recently completed Reliability Assessment Program (RAP) Lot 6 testing with two final flights. The tests met success...
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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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Dec 3, 2012
Lockheed Martin (NYSE: LMT) received a $5.1 million Foreign Military Sale contract from the U.S. Air Force to support integration of the Joint Air-to-Surface Standoff Missile (JASSM) onto the...
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Oct 23, 2012
Lockheed Martin (NYSE: LMT) successfully tested its Joint Air-to-Ground Missile (JAGM) dual-mode seeker in high-speed captive flight tests, demonstrating its ability to track ground targets while...
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Aug 17, 2012
Lockheed Martin (NYSE: LMT) received a $64 million contract from the U.S. Army to extend the Joint Air-to-Ground Missile (JAGM) Technology Development program. The 27-month extended Technology...
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Jul 26, 2012
Lockheed Martin's (NYSE: LMT) Joint Air-to-Surface Standoff Missile (JASSM) recently completed F-15E platform integration with a successful all-up round (AUR) flight test at White Sands Missile...
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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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May 8, 2012
Lockheed Martin's Direct Attack Guided Rocket (DAGR) successfully tracked and engaged a moving target in a recent demonstration at Yuma Proving Ground, Ariz. "DAGR hit a moving target from 3.5...
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May 1, 2012
Lockheed Martin (NYSE: LMT) successfully conducted the first launch of a Shadow Hawk precision-guided weapon recently from a Shadow 200 Unmanned Aircraft System (UAS), achieving a direct hit on...
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Dec 6, 2011
Lockheed Martin (NYSE: LMT) and industry partner Marotta Controls, Inc., recently completed testing of the Joint Air-to-Ground Missile (JAGM) launcher pneumatic cooling system (PCS), a critical...
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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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Mar 28, 2011
The U.S. Army's Joint Attack Munition Systems (JAMS) Project Office and Lockheed Martin (NYSE: LMT) successfully fired a multipurpose AGM114R HELLFIRE II "Romeo" missile with a live warhead and...
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Nov 22, 2010
Lockheed Martin (NYSE: LMT) scored a hit on a main battle tank at six kilometers in a company-funded, multiple-mission firing of its Joint Air-to-Ground Missile (JAGM). The complex flight test at...
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Nov 16, 2010
Lockheed Martin's (NYSE: LMT) Joint Air-to-Surface Standoff Missile - Extended Range (JASSM-ER) recently flew two successful test flights at White Sands Missile Range, NM, increasing the program's...
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Jun 21, 2010
A Lockheed Martin Scorpion munition was successfully flight tested June 17 from a C-130 aircraft at Yuma Proving Ground, AZ. Ejected at an altitude of 5,000 feet through a Common Launch Tube on...
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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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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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Apr 13, 2010
Lockheed Martin's Joint Air-To-Ground Missile (JAGM) team has successfully completed an extensive series of static, tower-based and captive-carry flight tests of its tri-mode seeker in a limited...
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Mar 31, 2010
Lockheed Martin has successfully completed a wide-ranging series of tests on the multi-mode seeker for its Joint Air-to-Ground Missile (JAGM) system. JAGM will provide a precision, adverse...
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Mar 3, 2010
The Precision Strike Association has awarded the Lockheed Martin and U.S. Air Force Sniper Advanced Targeting Pod (ATP) program the 14th annual William J. Perry Award. The award is presented...
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Dec 14, 2009
Lockheed Martin's facility in Camden, AR, has been selected as the Arkansas Corporate Recycler of the Year by the Arkansas Recycling Coalition. The Arkansas Recycling Coalition, formed in 1989, is...
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Nov 11, 2009
The Lockheed Martin Joint Air-to-Surface Standoff Missile-Extended Range (JASSM-ER) successfully completed its sixth flight demonstration in a recent test at White Sands Missile Range, NM. The...
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Apr 9, 2009
Media members are invited to attend a rollout ceremony at 9:30 a.m. on Monday, April 13, 2009, at the Lockheed Martin's Camden Operations in Camden, AR. Lockheed Martin will officially roll out...
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Mar 6, 2009
Lockheed Martin today released its media briefing schedule for the Australian International Air Show 2009. All Lockheed Martin briefings will take place at the Air Show Conference Facilities at...
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Feb 26, 2009
Lockheed Martin successfully fired a U.S. Army Tactical Missile System (ATACMS) missile in a recent stockpile verification test at Fort Bliss, TX. The missile was fired from a High Mobility...