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 5, 2024THAAD Hardware Components to be Manufactured by Saudi Partners
RIYADH, Kingdom of Saudi Arabia, JUNE 5, 2024 – Lockheed Martin (NYSE: LMT) has awarded two key subcontracts to industry in the Kingdom of Saudi Arabia for a second source for certain components...
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Dec 11, 2023Lockheed Martin Delivers 800th THAAD Interceptor
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Dec 7, 2023Production Remains on Schedule Amid Surge in Demand for IAMD Capabilities
Troy, Ala., Dec. 7, 2023 – Lockheed Martin (NYSE: LMT) has delivered the 800th Terminal High Altitude Area Defense (THAAD) interceptor to the Missile Defense Agency (MDA). THAAD is a highly...
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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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May 12, 2023Company continues driving growth and innovation in Alabama after first breaking ground at Bradford Drive campus in 1963
HUNTSVILLE, Ala., May 12, 2023 – This month, Lockheed Martin (NYSE: LMT) celebrates 60 years of driving growth and innovation from its Huntsville, Alabama campus.
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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, 2022
DALLAS, Oct. 10, 2022 – Lockheed Martin (NYSE: LMT) recently delivered the 700th Terminal High Altitude Area Defense (THAAD) interceptor to the Missile Defense Agency (MDA). This production...
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Aug 31, 2022
Lockheed Martin (NYSE: LMT) announced today that Tim Cahill will be the new executive vice president of the company's Missiles and Fire Control (MFC) business area. The appointment is effective...
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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 21, 2022Expected to be delivered to the Missile Defense Agency by 2025
DALLAS, April 21, 2022 – Lockheed Martin (NYSE: LMT) has received a contract totaling $74 million to produce the Terminal High Altitude Area Defense (THAAD) Weapon System for the Missile Defense...
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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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Feb 28, 2022Approx. $700 Million Tranche 1 award expands initial SDA Transport Layer demonstration constellation
LITTLETON, Col., Feb. 28, 2022 – The Space Development Agency (SDA) has awarded Lockheed Martin (NYSE: LMT) a prototype agreement with a potential value of approximately $700 million to design...
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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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Mar 23, 2021The MDA downselects Lockheed Martin team to deliver Next Generation Interceptor
The Missile Defense Agency (MDA), in a competitive downselect phase, selected Lockheed Martin (NYSE: LMT) and partner Aerojet Rocketdyne (NYSE: AJRD) to deliver the nation's most advanced missile...
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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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Sep 1, 2020Space Development Agency Transport Layer will use commercial approaches with rapid development and launch
LITTLETON, Colo., Sept. 1, 2020 – The Space Development Agency (SDA) awarded a Tranche 0 contract of the Space Transport Layer to Lockheed Martin (NYSE: LMT) to demonstrate a mesh network of 10...
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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 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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Nov 8, 2019USAF Thunderbirds Headline Event
Lockheed Martin (NYSE: LMT) announces a Terminal High Altitude Area Defense (THAAD) weapon system and C-5M Super Galaxy aircraft will be on display for the first-ever Lockheed Martin Space and Air...
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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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Oct 2, 2019Richard Edwards Appointed Strategic Advisor to CEO
Lockheed Martin has appointed Timothy Cahill, senior vice president of Lockheed Martin International and a corporate officer. Cahill succeeds Richard Edwards, who will become strategic advisor to...
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Aug 30, 2019Lockheed Martin’s THAAD System made history by using remote launch capability to successfully detect, track and intercept a threat representative target. Photo by Missile Defense Agency.
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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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Mar 26, 2019
BETHESDA, Md., March 26, 2019 – Four Lockheed Martin (NYSE: LMT) teams advance as finalists in the 22nd Applied Ergonomics Conference Ergo Cup® Competition to showcase innovation aimed to...
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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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Oct 10, 2018
WASHINGTON, Oct. 10, 2018 – Lockheed Martin (NYSE: LMT) delivered the 300th interceptor for the Terminal High Altitude Area Defense (THAAD) system, the only system in the world designed to...
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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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Apr 6, 2018
Lockheed Martin's top executive hosted the Kingdom of Saudi Arabia's Crown Prince, His Royal Highness Mohammed bin Salman, at the company's Sunnyvale, California site on April 5. Sunnyvale is home...
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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, 2018The U.S. Missile Defense Agency awarded a $1.2 billion contract to Lockheed Martin for THAAD interceptor production and delivery.
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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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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 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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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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Jan 11, 2017
HUNTSVILLE, Ala., Jan. 11, 2017 – Lockheed Martin (NYSE: LMT) is working with locally-based Accurate Machine and Tool (AMT), preparing the company to serve a wider array of potential customers...
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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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Nov 2, 2015Aegis, THAAD, C2BMC Integrated for Successful Test
Lockheed Martin (NYSE: LMT), U.S. Army, U.S. Navy, U.S. Air Force, and the Missile Defense Agency successfully conducted a multifaceted operational test of the ballistic missile defense system...
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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 Missile Defense Agency (MDA) recently awarded Lockheed Martin [NYSE: LMT] a $124.6 million fixed-price contract for the manufacture and delivery of Terminal High Altitude Area Defense (THAAD)...
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Sep 5, 2014
The Lockheed Martin Team's [NYSE: LMT] Joint Light Tactical Vehicle (JLTV) program successfully completed the government's Production Readiness Review (PRR) at the company's Camden, Arkansas,...
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Jun 26, 2014Lockheed Martin-Led Team Studying Feasibility Of Linking MDA And U.S. Army Battle Management Systems
The Missile Defense National Team is conducting a feasibility study on connecting the Missile Defense Agency's integrated command and control system with the U.S. Army's Integrated Air and Missile...
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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 18, 2013
Lockheed Martin [NYSE: LMT] held an event yesterday to mark 20 years in Courtland, Ala., where it manufactures defense systems. The company acquired the 660-acre Courtland property in 1993 and...
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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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Sep 23, 2013Includes Interceptors for the U.S and the UAE
Lockheed Martin [NYSE: LMT] received a production contract totaling $3.9 billion to produce elements of the Terminal High Altitude Area Defense (THAAD) Weapons System for the Missile Defense...
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Sep 11, 2013
Lockheed Martin's [NYSE: LMT] Terminal High-Altitude Area Defense (THAAD) Weapon System and the Aegis Ballistic Missile Defense System (BMDS) successfully conducted a complex missile defense...
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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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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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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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Aug 15, 2012
Lockheed Martin [NYSE: LMT] has been awarded a $150 million contract from the Missile Defense Agency (MDA) to produce Terminal High Altitude Area Defense (THAAD) Weapon System launchers and fire...
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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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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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Mar 26, 2012
Lockheed Martin (NYSE:LMT) received a $66 million follow-on contract from the Missile Defense Agency to continue development of the highly successful Terminal High Altitude Area Defense (THAAD)...
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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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Dec 30, 2011First FMS Sale of THAAD
Lockheed Martin [NYSE: LMT] received an undefinitized contract totaling $1.96 billion to produce the Terminal High Altitude Area Defense (THAAD) Weapon System for the Missile Defense Agency and...
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Nov 21, 2011
Lockheed Martin (NYSE: LMT) announced today that it has submitted its final proposal revision for the Ground-based Midcourse Defense (GMD) Development and Sustainment Contract. The Lockheed...
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Oct 5, 2011
The U.S. Army Test and Evaluation Command, The Missile Defense Agency and the U.S. Army conducted a flight test of the Terminal High Altitude Area Defense (THAAD) weapon system today, challenging...
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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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Mar 30, 2011
Lockheed Martin (NYSE: LMT) has received a production contract totaling $789.8 million to produce the Terminal High Altitude Area Defense (THAAD) Weapon System for the Missile Defense Agency. The...
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Aug 17, 2010
Lockheed Martin announced today that additional companies have joined its team to pursue the U.S. Missile Defense Agency's Ground-Based Midcourse Defense (GMD) Development and Sustainment...
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Jul 12, 2010
Lockheed Martin will present a variety of global security program and capability briefings for members of the press at the 2010 Farnborough International Airshow which takes place July 19-25 in...
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Jun 29, 2010
The Missile Defense Agency and Lockheed Martin conducted a successful flight test of the Terminal High Altitude Area Defense (THAAD) Weapon System today at the Pacific Missile Range Facility 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 22, 2010
Lockheed Martin has been awarded an Indefinite Delivery Indefinite Quantity (IDIQ) contract, with initial funding of $25.7 million, to provide support for the U.S. Army's fielding of the Terminal...
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Feb 3, 2010
Lockheed Martin Space Systems Company announced today that it has named Mathew "Mat" J. Joyce vice president and program manager for Ground-Based Midcourse Defense (GMD). "Lockheed Martin is...
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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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Nov 10, 2009
Bethesda, Md., Nov. 10, 2009 - Lockheed Martin will present a variety of program briefings for members of the media at the "Dubai Airshow." The show takes place Monday, Nov. 16, through Thursday,...
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Oct 16, 2009
The U.S. Army and the Missile Defense Agency (MDA) activated the second Terminal High Altitude Area Defense (THAAD) Battery today in a ceremony at Fort Bliss, Texas. The A-2 Battery consists of...
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Apr 16, 2009
Media members are invited to attend a groundbreaking ceremony at 4:30 p.m. on Thursday, April 16, 2009, at the Lockheed Martin's Lufkin Operations (1008 North John Redditt Drive, Lufkin, Texas)....
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Apr 13, 2009
Lockheed Martin officially rolled out the new Terminal High Altitude Area Defense (THAAD) Weapon System launcher and Fire Control and Communications unit today in a ceremony at the company's THAAD...
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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 18, 2009Lockheed Martin's THAAD System Successfully Achieves First Salvo Mission Against a Separating Target
Lockheed Martin and the U.S. Missile Defense Agency (MDA) conducted their sixth successful test in six attempts of the Terminal High Altitude Area Defense (THAAD) weapon system yesterday at the...
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Jan 7, 2009
Lockheed Martin-developed missile defense system elements led global ballistic missile defense efforts in 2008 with five successful target intercepts, including two international intercepts, and...
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Dec 23, 2008Lockheed Martin Receives Contracts Totaling $774 Million for the Combat-Proven PAC-3 Missile ProgramFirst Sale Of PAC-3 Missiles To The United Arab Emirates
Lockheed Martin has received contracts totaling $774 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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Aug 12, 2008
Lockheed Martin announced today that as of June 25 its team has launched a total of 12 target missiles, all successfully, since 2005 for the U.S. Missile Defense Agency under the Targets and...
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Jun 26, 2008
Lockheed Martin and the U.S. Missile Defense Agency (MDA) conducted a successful test of the Terminal High Altitude Area Defense (THAAD) Weapon System at the Pacific Missile Range Facility (PMRF)...
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May 28, 2008
The U.S. Army today activated the first battery of the Terminal High Altitude Area Defense (THAAD) Weapon System, developed by the U.S. Missile Defense Agency and produced by Lockheed Martin , in...
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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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Feb 7, 2008
Lockheed Martin's facility in Camden, AR, has been selected as a recipient of the of the 2008 Shingo Silver Medallion for demonstrating excellence in manufacturing. The Shingo Silver Medallion is...
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Jan 8, 2008
Lockheed Martin achieved significant milestones on several critical missile defense programs during 2007, including nine target missile intercepts by weapons systems developed by the corporation....
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Jan 8, 2008Lockheed Martin Receives Contracts Totaling $556 Million for the Combat-Proven PAC-3 Missile Program
Lockheed Martin has received contracts totaling $556 million from the U.S. Army Aviation and Missile Command (AMCOM) for hardware and services associated with the combat-proven Patriot Advanced...
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Dec 18, 2007
The Japanese Maritime Self-Defense Force made history yesterday when, for the first time, a Japan Aegis guided missile destroyer equipped with Lockheed Martin's Aegis Ballistic Missile Defense...
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Nov 15, 2007
Four Lockheed Martin programs were honored for management excellence by Aviation Week magazine at a luncheon held in Phoenix, AZ on October 30. -- The Terminal High Altitude Area Defense (THAAD)...