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 29, 2002
Lockheed Martin elected Nolan D. Archibald to its board of directors on April 25, 2002. Archibald is Chairman, President and CEO, of the Black & Decker Corporation. Lockheed Martin directors serve...
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Apr 28, 2002
Lockheed Martin is pleased to announce that employees represented by the International Association of Machinists & Aerospace Workers, Local Lodge 709 voted today to ratify a new three-year labor...
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Apr 25, 2002
Lockheed Martin was today awarded a Phase 1 contract to prepare and coordinate planning for new security operations that will help ensure air passenger safety at the nation's 429 commercial airports.
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Apr 25, 2002
Lockheed Martin's board of directors today declared a regular quarterly dividend on the Corporation's common stock of 11 cents per share. The dividend is payable June 28, 2002, to holders of...
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Apr 24, 2002
At the request of the Federal Mediation and Conciliation Service, Lockheed Martin Aeronautics Company - Marietta, Ga. officials met this week in Washington, D.C. with representatives of the...
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Apr 24, 2002Protecting the Public and Maintaining Smooth Operations Are Critical Requirements for New Security Screeners
The Lockheed Martin team has been selected by the Transportation Security Administration (TSA) to implement a national contract to train more than 30,000 airport passenger screeners at 429...
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Apr 23, 2002
The United States Army has awarded Lockheed Martin Management & Data Systems a $35 million 15-month Component Advanced Development (CAD) contract. The contract award is for the development of the...
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Apr 23, 2002
* Reports a 26% Increase in First Quarter 2002 Net Sales Compared To First Quarter 2001 * Reaffirms $2.45 - $2.50 Earnings Per Share From Continuing Operations Outlook for 2002, With Sales Growth...
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Apr 22, 2002
Michael Fortson, a Lockheed Martin Aeronautics Co. engineer, was honored recently with the Distinguished Engineer of the Year Award at the 2002 National Society of Black Engineers Golden Torch...
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Apr 19, 2002
The world's most advanced single-engine fighter will rely on a quartet of small businesses to play key roles in the aircraft's development. The companies are among many small firms expected to...
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Apr 19, 2002
The T-50 Golden Eagle program completed the readiness review for its first flight. This is a critical program milestone leading to first flight in June. An Executive Independent Review Team has...
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Apr 18, 2002
Lockheed Martin will webcast live its first quarter 2002 earnings conference call on Tuesday, April 23, 2002 from 11 a.m. to 12 p.m. EDT. The webcast can be viewed on the Lockheed Martin website,...
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Apr 15, 2002
The Lockheed Martin Aeronautics Company, a business area of Lockheed Martin Corporation -led F-22 Raptor industry team today delivered to the U.S. Air Force Raptor 4009, the last flight test...
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Apr 15, 2002
Lockheed Martin Navigation Systems was awarded a $2.8M extension to the System Architecture and Requirements Definition study to assist the US Air Force GPS Joint Program Office (JPO) in the...
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Apr 15, 2002
Lockheed Martin Aeronautics Company, a business area of Lockheed Martin Corporation , today delivered the first U-2S reconnaissance aircraft equipped with state-of-the-art cockpit displays and...
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Apr 12, 2002
Lockheed Martin officials today signed a $173 million contract award to manufacture three Aegis Weapon Systems for the U.S. Navy. The order for systems that will be installed aboard Arleigh...
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Apr 9, 2002Digital Fingerprint Scanners to Be Deployed at 67 School District Offices And Insurance License Bureaus Statewide
The Florida Department of Education awarded Lockheed Martin Information Systems a contract worth approximately $8 million to provide an automated fingerprint identification- based applicant...
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Apr 4, 2002
On Mar. 29, Lockheed Martin Aeronautics Co., a business area of Lockheed Martin Corporation , received a contract valued at approximately $200 million from Mitsubishi Heavy Industries (MHI) to...
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Mar 28, 2002
Lockheed Martin Aeronautics Company, a business area of Lockheed Martin Corporation , announced today that Mike Cosentino has been named director of Joint Strike Fighter International Programs. In...
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Mar 27, 2002International Team Includes IZAR of Spain and Lockheed Martin and General Dynamics Bath Iron Works of USA
The Advanced Frigate Consortium (AFCON) announced today its intention to design, develop and market a new class of corvette-size ships to meet the emerging needs of international navies. The AFCON...
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Mar 26, 2002
Lockheed Martin Missiles and Fire Control has received a contract totaling $326.6 million from the U.S. Army Aviation and Missile Command (AMCOM) for continued production of the Patriot Advanced...
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Mar 25, 2002Team Unites Computer Sciences Corp., The Boeing Co., Harris Corp., Northrop Grumman Information Technology in Major Air Traffic System Upgrade
Lockheed Martin today announced it will lead a team of experts from the air traffic industry to compete for the Federal Aviation Administration's (FAA) next generation En Route Automation...
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Mar 22, 2002Seventh Generation System Provides Significant Upgrade in Capabilities for the U.S. Navy
Lockheed Martin has completed equipment testing of the seventh generation of its Aegis Weapon System -- another significant milestone for the integrated weapon system that provides critical...
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Mar 21, 2002
The Patriot Advanced Capability-3 (PAC-3) Missile successfully intercepted and destroyed an incoming tactical ballistic missile (TBM) target at White Sands Missile Range, N.M., on Thursday. This...
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Mar 14, 2002Lockheed Martin's Integrated Weapon System for Fridtjof Nansen F 310 Passes Critical Design Review with Flying Colors
Lockheed Martin marked a milestone in the Norwegian Navy New Frigate program with completion of the Critical Design Review for the Integrated Weapon System. As a result of the successful review,...
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Mar 10, 2002
Lockheed Martin Aeronautics Company, a business area of Lockheed Martin Corporation , is disappointed in the decision of employees represented by Local 709, International Association of Machinists...
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Mar 8, 2002
Lockheed Martin Aeronautics Company, a business area of Lockheed Martin Corporation , announced today that the five C-130J-30 transport aircraft appropriated in the 2002 U.S. defense budget have...
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Mar 5, 2002
Every time Merrill Reese announced a touchdown on Eagles Radio 94WYSP this past season, the children in the Philadelphia School District benefited. Today, Lockheed Martin donated 35 computers to...
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Mar 4, 2002
Lockheed Martin and venture partner, Alenia Aeronautica, were advised Friday that the Hellenic government has selected the C-27J Spartan for its new Greek Medium Range Transport Aircraft (MRTA)...
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Mar 4, 2002
Lockheed Martin's Consolidated Space Operations Contract (CSOC) announced that it has entered into an agreement with Arcata Associates, Inc., a Nevada-based business, to provide teleconferencing...
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Mar 1, 2002
Lockheed Martin Aeronautics Co., a business area of Lockheed Martin Corp. -led F-22 Raptor industry team has received a $215.3 million contract from the U.S. Air Force to purchase long-lead items...
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Mar 1, 2002
Lockheed Martin Aeronautics Co., a business area of Lockheed Martin Corp. , was awarded an approximately $69M post-production support contract effective March 1 to support the worldwide F-16...
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Feb 28, 2002
Tom Burbage, general manager of the Lockheed Martin F-35 Joint Strike Fighter program and executive vice president of Lockheed Martin Aeronautics Company, a business area of Lockheed Martin...
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Feb 28, 2002
The Spanish shipbuilder, Izar, on behalf of the Spanish Navy, today launched the second of four frigates that are part of its F-100 program. All four frigates will be equipped with the Lockheed...
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Feb 28, 2002
The unique propulsion system that enables one of the Lockheed Martin Aeronautics Company, a business area of Lockheed Martin Corporation , Joint Strike Fighter variants to hover, travel at...
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Feb 25, 2002
Lockheed Martin will webcast live a presentation by Robert J. Stevens, Lockheed Martin President and COO, and Chris Kubasik, CFO, to the Salomon Smith Barney Global Industrial Manufacturing...
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Feb 20, 2002
The Naval Sea Systems Command awarded Lockheed Martin Naval Electronic & Surveillance Systems (NE&SS) a $420 million contract modification to develop a prototype tactical radar, called SPY-1E, as...
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Feb 13, 2002
Lockheed Martin Missiles and Fire Control has received a Low Rate Initial Production-V (LRIP-V) contract worth $69.4 million to upgrade 35 of the U.S. Army's existing Multiple Launch Rocket System...
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Feb 12, 2002
The Lockheed Martin -led F-22 Raptor industry team has delivered the latest integrated avionics software package -- Block 3.1 -- to the program's Combined Test Facility at Edwards Air Force Base,...
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Feb 12, 2002
The Lockheed Martin -led F-22 Raptor industry team has received a $2.681 billion contract from the U.S. Air Force to build 13 additional air dominance fighter jets and to execute other activities...
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Feb 11, 2002
Lockheed Martin will webcast live a presentation by Robert J. Stevens, Lockheed Martin President and COO, to the SG Cowen Global Aerospace Conference on February 13. The webcast will begin at...
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Feb 8, 2002
The Lockheed Martin -led F-22 Raptor industry team today both formally donated, and officially dedicated, a 1/10th scale model of the air dominance fighter jet to the City of Montgomery for...
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Feb 7, 2002
The Lockheed Martin Joint Strike Fighter team today enthusiastically welcomed the announcement of Canada's participation in the JSF program. Canada joins JSF in the System Development and...
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Feb 2, 2002
Officials of the government of Chile signed a letter of offer and acceptance (LOA) yesterday for 10 F-16C/D aircraft, according to Lockheed Martin Aeronautics Company, a business area of Lockheed...
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Jan 30, 2002
Lockheed Martin Air Traffic Management will provide seven air traffic control automation systems to China, improving safety and increasing capacity for the world's most populous nation and one of...
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Jan 29, 2002
Close cooperation between Lockheed Martin Aeronautics Company and the U.S. Air Force enabled the Ogden Air Logistics Center (ALC) to complete modification of the first U.S. Air Force aircraft in...
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Jan 28, 2002
Lockheed Martin and the U.S. Marine Corps signed a $39 million contract Friday sending the shoulder-fired, short-range Predator anti-armor missile into Low- Rate Initial Production (LRIP)....
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Jan 28, 2002
Lockheed Martin will webcast live a presentation by Robert J. Stevens, Lockheed Martin President and COO, to the Bear Stearns Commercial Aerospace and Defense Conference on January 31. The webcast...
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Jan 28, 2002
Lockheed Martin Corporation Sponsors Archer Center's Leadership Development Conference SCHENECTADY, N.Y., Jan. 28 /PRNewswire/ -- More than 200 Rensselaer Polytechnic Institute students turned out...
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Jan 26, 2002
The Lockheed Martin-developed Aegis Weapon System successfully guided a Standard Missile-3 to an intercept of a Theater Ballistic Missile (TBM) target over the Pacific Ocean Friday night. The...
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Jan 25, 2002
Reported 2001 Earnings Per Share From Continuing Operations of $0.18 Including $1.42 of Nonrecurring and Unusual Losses Generates Record Free Cash Flow of $2.0 Billion and Reduces Debt By $2.4...
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Jan 24, 2002- Program on Track for First Flight Later This Year
The team of Korea Aerospace Industries (KAI) and Lockheed Martin Aeronautics Company began static loads testing on the T-50 Golden Eagle advanced jet trainer on schedule on Jan. 2, an essential...
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Jan 24, 2002
Lockheed Martin's board of directors today declared a regular quarterly dividend on the Corporation's common stock of 11 cents per share. The dividend is payable March 29, 2002, to holders of...
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Jan 23, 2002
Lockheed Martin Aeronautics Company was awarded a contract on Jan. 18 for delivery of F-16 modification kits that will significantly upgrade the capability of F-16s used by air forces in several...
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Jan 22, 2002
Lockheed Martin will webcast live its fourth quarter 2001 earnings conference call on Friday, January 25, 2002 from 11 a.m. to 12 p.m. EST. The webcast can be viewed on the Lockheed Martin...
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Jan 17, 2002
A trio of Lockheed Martin Mission Systems federal government software systems are among the best of 2001, according to CrossTalk magazine. In its January issue, CrossTalk names its "Top 5 U.S....
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Jan 15, 2002
An early intervention solution to help detect biohazardous mail has been designed by Lockheed Martin for mail processing operations. The company is offering the system, which is called...
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Jan 11, 2002
Lockheed Martin Management & Data Systems (M&DS) today announced the launch of the state's first registered Information Technology (IT) apprenticeship program, in cooperation with the Commonwealth...
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Jan 2, 2002
Lockheed Martin Naval Electronics & Surveillance Systems (NE&SS) today announced that its Moorestown, NJ-based Surface Systems unit earned the Software Engineering Institute's (SEI) Level 5...
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Dec 20, 2001
The C-27J Spartan, built jointly by Alenia and Lockheed Martin Aeronautics Company, was awarded Military Type Certification today by Italy's Ministry of Defense military certification authority,...
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Dec 20, 2001
Lockheed Martin Aeronautics Company today wrapped up the C-130J transport program for 2001 with the delivery of the 15th and final aircraft of the year. The aircraft, a standard-length C-130J, was...
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Dec 20, 2001The Advanced Camera System Improves Sorting Capabilities for Lettermail And Processing of Two-Dimensional Electronic Postage
The United States Postal Service today awarded Lockheed Martin a contract valued at approximately $93 million to replace existing optical imaging cameras on equipment used to sort mail. The new...
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Dec 20, 2001
Lockheed Martin Aeronautics received a contract for 52 F-16 aircraft for Israel on Dec. 19, 2001, significantly extending the firm F-16 production base. The Foreign Military Sales (FMS) contract...
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Dec 19, 2001Now Qualified for All Atlas V Missions
Lockheed Martin announced today that it has completed the test program of the RD-180 engine for the company's new Atlas V rockets. Completion of these tests firmly establishes that the RD-180's...
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Dec 18, 2001
The Lockheed Martin American Spirit Fund will distribute $2 million in donations to six organizations providing aid in the September 11 relief efforts. Of the $2 million total, $1.1 million...
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Dec 18, 2001
The Lockheed Martin C-130J has again proved its outstanding tactical capabilities during trials in conjunction with the Royal Air Force. A joint RAF/Lockheed Martin team recently completed a...
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Dec 17, 2001
NASA's George C. Marshall Space Flight Center (MSFC) has recognized Lockheed Martin Space Operations' Integrated Technology Solutions organization with its MSFC Contractor Excellence Award for...
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Dec 14, 2001Partners Bring Strong Skills, Expertise in Defense Transport, e-Business, Data Management
Lockheed Martin today announced its team of experienced defense transport and e-business providers to compete for a $337 million, 16-year program to develop and maintain Global Transportation...
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Dec 12, 2001
An advanced system developed by Lockheed Martin to detect aircraft-to-aircraft conflicts up to 20 minutes in advance was put into operational use two weeks ahead of schedule at the FAA's Kansas...
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Dec 7, 2001
Lockheed Martin Corporation , announced today the closing of its agreement to acquire all outstanding stock of OAO Corporation. With the finalizing of this transaction, OAO will be integrated with...
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Dec 7, 2001* Reinforces Focus on Core Businesses and Customers * Announces a Nonrecurring and Unusual Charge of $1.7 Billion * Reaffirms 2001 and 2002 Recurring Earnings & Cash Flow Outlook
Lockheed Martin Corporation today announced plans to exit its Global Telecommunications services business. As a result, the Corporation will reassign certain of the former Lockheed Martin Global...
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Dec 6, 2001
Lockheed Martin Aeronautics Company was awarded a $1.1 billion contract on December 5 by the US Air Force to begin the System Development and Demonstration (SDD) phase of the Air Force's C-5...
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Dec 6, 2001
The team of General Dynamics and Lockheed Martin announced today that it strongly supports the U.S. Navy's plan for the next generation of surface combatant ships referred to as DD(X). The Blue...
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Dec 3, 2001
Lockheed Martin Air Traffic Management completed its 138th consecutive on- or ahead-of-schedule installation of the world's most advanced terminal air traffic control system with activation of its...
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Dec 3, 2001
Lockheed Martin has delivered the seventh and final KC-130J for 2001 to the U. S. Marine Corps. The aircraft are stationed at MCAS Cherry Point, N.C., and NAS Patuxent River, Md. "Not only does...
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Dec 2, 2001
Lockheed Martin formally delivered the first C-130J-30 for the U.S. Air Force during ceremonies today in Rhode Island. The 143rd Airlift Wing, the Air National Guard Unit based at Quonset State...
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Nov 30, 2001
Lockheed Martin Information Support Services has been awarded the Federal Deposit Insurance Corporation's (FDIC) $45 million Client IT Support Services contract. The five-year contract calls for...
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Nov 26, 2001
Lockheed Martin will webcast live a presentation by Chris Kubasik, the corporation's Chief Financial Officer, to the Lehman Brothers Industrial Select conference on November 29. The webcast will...
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Nov 26, 2001
Lockheed Martin and Borders Books and Music Team Up With WXPN to Collect Coats For SELF, Inc., a Homeless Services Provider For the past two years, residents of the City of Philadelphia's homeless...
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Nov 20, 2001
The United Kingdom's National Air Traffic Services (NATS) today declared its new radar data processing and display system, developed by Lockheed Martin, operational in Prestwick, Scotland, at all...
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Nov 19, 2001
The automotive chassis for the SIKA International's TRACER (Tactical Reconnaissance Armored Combat Vehicle Requirement)/FSCS (Future Scout and Cavalry System) Technology Demonstrator was rolled...
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Nov 7, 2001
Lockheed Martin Space Systems Company has announced plans to further streamline operations and reduce indirect business costs to increase its competitive posture. This is part of a continuing...
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Nov 6, 2001
Lockheed Martin's C-130 modification and upgrade business continues to grow, as the Swedish Air Force recently signed a contract to convert one of its C-130E Hercules transports to an aerial...
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Nov 6, 2001
For the fourth time in five years, customers and stakeholders have ranked the Lockheed Martin Air Traffic Management's global air traffic control solutions as best in the world by selecting the...
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Nov 1, 2001
On Friday, October 26, Lockheed Martin received a $18.9 billion contract for the Joint Strike Fighter to move the program into the next phase, System Development and Demonstration (SDD). "We've...
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Oct 31, 2001
The first T-50 Golden Eagle aircraft, an advanced, supersonic trainer being developed by Korea Aerospace Industries (KAI) with the assistance of Lockheed Martin, was rolled out in a ceremony in...
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Oct 31, 2001
Lockheed Martin's Consolidated Space Operations Contract (CSOC) is saving money for the National Aeronautics and Space Administration (NASA) by purchasing commercially provided ground network...
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Oct 31, 2001Agustawestland, Lockheed Martin Announce Alliance to Produce Medium-Lift Helicopters for U.S. MarketUS101 Helicopter Will Be Made in the USA
Officials from Lockheed Martin and AgustaWestland, a Finmeccanica and GKN company, announced today they are initiating a joint effort focusing on the U.S. government medium-lift helicopter market...
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Oct 29, 2001Training, Weapons Systems and Support Areas Are Worth More Than $1 Billion to Orlando Facilities
Lockheed Martin's Central Florida businesses expect to gain new work worth more than $1 billion as a result of the Lockheed Martin-led team's win of the Joint Strike Fighter (JSF) aircraft...
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Oct 26, 2001
OAO Corporation and Lockheed Martin Technology Services announced today the signing of a definitive agreement under which Lockheed Martin Technology Services will acquire the outstanding stock of...
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Oct 26, 2001
The Pentagon today announced that an international team led by Lockheed Martin has won the competition to build the Joint Strike Fighter (JSF), a stealthy, supersonic, multirole fighter designed...
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Oct 26, 2001
At 4:30 p.m. EDT (3:30 p.m. CDT; 2:30 p.m. MDT; 1:30 p.m. PDT; and 9:30 p.m. GMT) on Friday, Oct. 26, the U.S. Government will announce the winner of the Joint Strike Fighter (JSF) competition,...
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Oct 26, 2001* Raises 2001 and 2002 Recurring Earnings Per Share Outlook
* Increases 2001 Free Cash Flow Guidance to at Least $2 Billion * Improves Net Debt to Capitalization Ratio to 43 Percent BETHESDA, Md., Oct. 26 /PRNewswire/ -- Lockheed Martin Corporation today...
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Oct 25, 2001
Lockheed Martin's board of directors today declared a regular quarterly dividend on the Corporation's common stock of 11 cents per share. The dividend is payable December 31, 2001, to holders of...
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Oct 25, 2001
Lockheed Martin will webcast live its third quarter 2001 earnings conference call on Friday, October 26, 2001 from 11 a.m. EDT to 12 p.m. EDT. The webcast can be viewed on the Lockheed Martin website,
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Oct 23, 2001
Lockheed Martin's SkyLine air traffic management system is now operational in Korea, controlling traffic 24/7 in one of the world's fastest growing airspaces. Teamed with Samsung Data Systems of...
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Oct 22, 2001
Lockheed Martin's SkyLine air traffic management system is now operational in Korea, controlling traffic 24/7 in one of the world's fastest growing airspaces. Teamed with Samsung Data Systems of...
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Oct 19, 2001
The Patriot Advanced Capability-3 (PAC-3) Missile program completed Developmental Testing today by intercepting and destroying an advanced cruise missile target at White Sands Missile Range, N.M....
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Oct 9, 2001
Lockheed Martin Space Operations announced that its Consolidated Space Operations Contract (CSOC) has successfully assumed responsibility for the Kennedy Data Network (KDN) at Kennedy Space Center...
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Oct 3, 2001
Lockheed Martin Space Systems - Astronautics Operations, headquartered near Denver, Colo., has been selected by the National Aeronautics and Space Administration (NASA) and the Jet Propulsion...