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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Jun 4, 2007SDR Completion Moves Program Forward to Next Critical Phase
Lockheed Martin has completed a successful System Design Review (SDR) of the TSAT Mission Operations System (TMOS) with the U.S. Air Force. The two-day event concluded the system review of TMOS...
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Jun 1, 2007
Lockheed Martin Corporation today announced that the conversion rate for its $1 billion principal amount of outstanding Floating Rate Convertible Senior Debentures due 2033 will be adjusted from...
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May 29, 2007Company among those selected to compete for tasks
A team headed by Lockheed Martin has been selected by the Texas Department of Information Resources (DIR) to compete for future managed services task orders to meet Texas government computing...
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May 25, 2007
Lockheed Martin Corporation will webcast live a presentation by Chairman, President and Chief Executive Officer, Bob Stevens, at Sanford C. Bernstein's Twenty-third Annual Strategic Decisions...
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May 17, 2007Facility Will Complement Company's Leadership in Emerging Technologies
Lockheed Martin opened the Biometric Experimentation and Advanced Concepts (BEACON(TM)) center today in White Hall, WV, to serve as a collaborative center for the corporation, its customers,...
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May 16, 2007Test Brings Record to 119 Consecutive Successful Launches; Includes Roll-out of New Test Missile Kits
The U.S. Navy conducted a successful test launch yesterday, May 15, of two Trident II D5 Fleet Ballistic Missiles (FBMs) built by Lockheed Martin . The Navy launched the unarmed missiles from USS...
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May 15, 2007
The U.S. Army has awarded Lockheed Martin a $58.3 million contract to continue depot maintenance support for the battle-proven HELLFIRE II(R) Modular Missile System. The contract is for one year...
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May 14, 2007
The U.S. government has awarded a contract to Lockheed Martin for 18 Sniper(R) Advanced Targeting Pods (ATP), a part of the new Advanced Block 52 F-16 aircraft program for Pakistan. Pakistan is...
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May 11, 2007
The governments of Turkey and the United States have signed a Letter of Offer and Acceptance (LOA) for the sale of 30 additional Lockheed Martin Advanced F-16 Block 50 aircraft to Turkey. The new...
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May 11, 2007
The U.S. Army awarded Lockheed Martin a performance based logistics (PBL) contract, with a potential value of $380 million over four years, to support the Target Acquisition Designation...
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May 10, 2007
Lockheed Martin is in the process of installing a new system on WC-130J "Hurricane Hunter" aircraft that will greatly enhance the accuracy of data collected during storm tracking missions. The...
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May 10, 2007
Lockheed Martin unveiled its new, state-of-the-art pilotage sensor for cargo and utility aircraft during recent flight demonstrations on a UH-1H helicopter at Fort Belvoir, VA. The pilotage...
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May 9, 2007
Lockheed Martin has delivered the 150th C-130J Super Hercules built to date. The milestone aircraft is the eighth and final C-130J assigned to the 146th Airlift Wing, the California Air National...
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May 8, 2007Next Mission to Mars Working Toward August Launch
A NASA spacecraft touched down on the coast of Florida after a brief 3-1/2 hour trip from the foothills of the Rocky Mountains, but the spacecraft's next and final trip will be a 9-1/2 month...
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May 7, 2007
Lockheed Martin has presented President George W. Bush's prestigious President's Volunteer Service Awards to 444 Space Systems Company employees who volunteered thousands of hours of service last...
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May 7, 2007Radar to Deliver Imagery from UAVs in All-Weather, Day or Night Conditions
Lockheed Martin announced today that it has been selected to provide a Tactical Reconnaissance and Counter- Concealment Enabled Radar (TRACER) capability to the United States Army. Under this...
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May 7, 2007
A Lockheed Martin /Northrop Grumman team has successfully completed a key design review of the Transformational Satellite Communications System (TSAT) Space Segment, signaling the team's readiness...
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May 4, 2007
The ASTRA 1L broadcasting satellite, designed and built by Lockheed Martin for SES ASTRA, an SES company (Euronext Paris and Luxembourg Stock Exchange: SESG), was successfully launched today from...
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May 4, 2007
Marking half a century of space exploration this year, Lockheed Martin embarked on a mission this week to prepare the astronauts and scientists of the future. Two Lockheed Martin companies --...
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May 3, 2007
Lockheed Martin Corporation will webcast live a presentation by Chris Kubasik, Executive Vice President and Chief Financial Officer, at the Bank of America BASics/Industrials Conference on...
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May 3, 2007
The Office of Naval Research awarded Lockheed Martin Advanced Technology Laboratories (ATL) a $1.7-million, 20-month program to create an interface that will increase situational awareness in the...
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May 3, 2007
The U.S. government has awarded an initial $23 million to Lockheed Martin for long-lead tasks related to modernizing the first production C-5M Super Galaxy aircraft for the U.S. Air Force under...
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May 2, 2007
So what does a very smart and driverless Toyota Prius have to do with outer space? Area middle school students and employees' children are about to find out when Lockheed Martin Advanced...
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Apr 30, 2007
The first squadron of F-35 Lightning IIs will go operational in 2012, but the system that will serve as the information backbone of the F-35 maintenance and support network is now up and running....
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Apr 30, 2007
Lockheed Martin today officially unveiled its state-of-the-art production facility for the Non-Line-of-Sight Launch System (NLOS-LS) on its Baltimore campus. The new $3.7 million facility will...
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Apr 26, 2007
During a test today, Lockheed Martin's Aegis Ballistic Missile Defense (BMD) Weapon System proved its multi-mission capability by simultaneously engaging two targets - a ballistic missile and an...
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Apr 26, 2007
Korean air force student pilots began flight training in the T-50 Golden Eagle aircraft for the first time April 17. Twelve officers took part in the training flights, receiving instruction in...
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Apr 26, 2007
The Lockheed Martin Corporation Board of Directors today declared a regular quarterly dividend on the Corporation's common stock of 35 cents per share. The dividend is payable June 22, 2007 to...
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Apr 26, 2007
Lockheed Martin today opened its doors in Huntsville and Courtland, Ala., to students, aged six to 18 years, for the company's annual Young Minds at Work Day. Approximately 150 students in...
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Apr 24, 2007
Lockheed Martin Corporation will webcast live its Annual Meeting of Stockholders on Thursday, April 26, 2007 at 11:30 a.m. EDT. The live audio webcast will be available on the Lockheed Martin...
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Apr 24, 2007* First quarter earnings per share up 19% to $1.60
Lockheed Martin Corporation today reported first quarter 2007 net earnings of $690 million ($1.60 per diluted share), compared to $591 million ($1.34 per diluted share) in 2006. Net sales were...
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Apr 23, 2007
More than 3,825 Lockheed Martin employees received President George W. Bush's prestigious Volunteer Service Award during National Volunteer Week, April 15-21. The award recipients were among...
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Apr 20, 2007
In a brief ceremony yesterday, the U.S. Army Corps of Engineers issued a Letter of Obligation to the Government's Most Efficient Organization (MEO) to provide Information Management and...
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Apr 19, 2007
The U.S. Air Force has awarded Lockheed Martin a $6 million contract to develop and integrate a demonstration payload that will temporarily transmit a third civil signal on a modernized Global...
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Apr 18, 2007Integrated Coast Guard Systems Reports Progress, Support for Program Evolution Before House Committee on Transportation and Infrastructure
Representatives from Integrated Coast Guard Systems (ICGS) today presented testimony on the Integrated Deepwater System program before the House Committee on Transportation and Infrastructure. Leo...
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Apr 17, 2007
Lockheed Martin Corporation will webcast live its 2007 first quarter earnings conference call on Tuesday, April 24, 2007, at 11 a.m. EDT. Chris Kubasik, Executive Vice President & Chief Financial...
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Apr 17, 2007
The U.S. Coast Guard and Lockheed Martin continue to record successes across Deepwater aviation and information technology (IT) programs, which are modernizing or replacing the service's entire...
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Apr 17, 2007
Florida Atlantic University (FAU) and Lockheed Martin have entered into an exclusive license agreement to develop and produce a rapidly-deployable and autonomous mooring buoy system for military...
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Apr 16, 2007Acquisition Expands Lockheed Martin's Defense and Intelligence Capabilities in Australia
Lockheed Martin Corporation , today announced it has acquired the defense and intelligence business of RLM Systems Pty, Ltd., an Australia-based provider of system engineering, software...
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Apr 16, 2007Lockheed Martin Receiving $14-Million Annual Support Contract for the U.K.'S Trident Missile Program
The U.S. Navy is awarding Lockheed Martin a one-year, $14.2-million contract for continued program management and engineering services for the United Kingdom's Trident II D5 Fleet Ballistic...
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Apr 12, 2007Lockheed Martin Expresses Disappointment Over U.S. Navy Termination of Littoral Combat Ship Contract
Lockheed Martin Corporation today expressed disappointment over the U.S. Navy's decision to terminate its contract for construction of the second of two new Littoral Combat Ships (LCS), a...
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Apr 10, 2007
Lockheed Martin will host a rollout ceremony on Thursday, April 12, 2007, at its facility in Camden, AR, to celebrate the first full- rate production High Mobility Artillery Rocket System (HIMARS)...
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Apr 10, 2007
Lockheed Martin will present President George W. Bush's prestigious President's Volunteer Service Award to 4,101 employees who logged more than 100 hours of volunteer service last year. The...
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Apr 9, 2007
Lockheed Martin recently received a $16 million contract to provide four MK 41 Vertical Launcher System (VLS) ship sets to the Australian and Spanish navies. The contract for the below-deck...
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Apr 9, 2007
The U.S. Navy has awarded Lockheed Martin a $135-million contract modification for continued work on the Trident II D5 Life Extension program. The award is in addition to the $654.9-million...
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Apr 6, 20074 Companies Selected to Compete for Tasks
A team headed by Lockheed Martin was selected by the U.S. Naval Facilities Engineering Command to compete for future task orders under the Anti-Terrorism Force Protection (ATFP) Ashore program...
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Apr 6, 2007RMV Will Provide Significant Capability
A ceremony today marked Lockheed Martin's delivery of the first production Remote Minehunting Vehicle (RMV) to the U.S. Navy. This delivery is a significant milestone in the development of the...
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Apr 6, 2007
The U.S. Missile Defense Agency and Lockheed Martin [NYSE: LMT] conducted another successful flight test of the Terminal High Altitude Area Defense (THAAD) weapon system today, intercepting a...
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Apr 5, 2007
Lockheed Martin has delivered a seventh C-130J Super Hercules to the 143rd Airlift Wing, the Air National Guard Unit based at Quonset State Airport, Rhode Island. Lieutenant General Craig R....
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Apr 5, 2007
Lockheed Martin announced today that it has successfully completed on-schedule a system design review of the U.S. Air Force's next generation Global Positioning System Space Segment program, known...
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Apr 4, 2007
Lockheed Martin announced today that it has successfully completed on-schedule the critical design review phase of the U.S. Navy's Mobile User Objective System (MUOS) and has made significant...
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Apr 3, 2007Anchorage Control Center Completes Transition
The Federal Aviation Administration's Advanced Technologies and Oceanic Procedures (ATOP) system, developed by Lockheed Martin , is now fully operational. The Anchorage Air Route Traffic Control...
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Apr 2, 2007
Lockheed Martin and Gibbs Technologies have agreed to develop a family of high speed amphibious vehicles designed specifically for military operations. (Photo:...
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Apr 2, 2007
The United States Navy's first stealth fighter -- the F-35 Lightning II -- will bring tremendous improvements in combat capability, operational flexibility and overall force efficiency, a Lockheed...
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Apr 2, 2007
Lockheed Martin received a contract from Mitsubishi Heavy Industries (MHI) on March 31 valued at $150 million to manufacture components for five additional F-2 production aircraft. MHI is the...
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Apr 2, 2007
Lockheed Martin has received a contract from the Canadian Forces for 36 Sniper(R) Advanced Targeting Pods (ATP), making the Canadian Forces the seventh international customer to join the U.S. Air...
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Mar 28, 2007
The U.S. Navy awarded Lockheed Martin $260 million for Aegis Weapon Systems to equip three Australian Air Warfare Destroyers (AWD) and one Spanish F-100-class frigate. The four will be...
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Mar 22, 2007Deepwater capabilities on CG cutters Hamilton and Sherman facilitated unprecedented levels of interagency coordination
The U.S. Coast Guard and the U.S. Drug Enforcement Administration have announced the record maritime seizure of more than 42,000 pounds of cocaine by 378-foot Coast Guard Cutters Hamilton and...
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Mar 21, 2007Last of Eight Block IIR-M Spacecraft Ready to Support Future Launch
Lockheed Martin announced today the delivery of the eighth and final satellite in the modernized Global Positioning System Block IIR (GPS IIR-M) production program to the Air Force. The GPS...
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Mar 21, 2007
Lockheed Martin 's Undersea Systems business, in Manassas, VA, has been honored with two 2007 Nunn-Perry Awards for its participation on two teams in the Department of Defense Mentor-Protege...
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Mar 19, 2007
Lockheed Martin has received a $376 million contract 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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Mar 19, 2007
Lockheed Martin is participating in the 5th annual U.S. Missile Defense Conference hosted by the American Institute of Aeronautics and Astronautics (AIAA) and the Missile Defense Agency this week...
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Mar 15, 2007In the news release, Lockheed Martin (NYSE: LMT) Delivers First C-130J for Air Mobility Command, issued Tuesday, March 13, by Lockheed Martin Aeronautics Company over PR Newswire, we are advised by the company that the second paragraph, second sentence, should read, "I am so excited about this aircraft and what it will do for air mobility," rather than, "I am so exited" as originally issued inadvertently. Complete, corrected release follows:
Lockheed Martin today delivered the first C-130J Super Hercules to an Air Mobility Command active duty combat delivery unit. After accepting the new C-130J, General Duncan McNabb, Commander of Air...
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Mar 14, 2007U.S. Coast Guard Dedicates Lockheed Martin-Equipped Deepwater Shipboard Operations Training Facility
The U.S. Coast Guard today formally opened its new Deepwater shipboard operations training facility at Coast Guard Training Center Petaluma. The $26 million facility was equipped by Lockheed...
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Mar 13, 2007
Lockheed Martin today released its press briefing schedule for the 2007 Australian International Air Show. Tuesday, March 20 -- 11:00 a.m. -- "The F-35 Program: Delivering 5th Generation...
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Mar 13, 2007
Lockheed Martin today delivered the first C-130J Super Hercules to an Air Mobility Command active duty combat delivery unit. After accepting the new C-130J, General Duncan McNabb, Commander of Air...
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Mar 9, 2007
The third fully modernized Lockheed Martin C-5M Super Galaxy test aircraft made its first flight today from Dobbins Air Reserve Base, Ga. This is the third of three test aircraft that are being...
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Mar 7, 2007
Lockheed Martin today unveiled DAGR(TM), a weapon developed with company funding to defeat targets in urban operations, while minimizing collateral damage. DAGR is a 2.75-inch guided rocket system...
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Mar 7, 2007
Lockheed Martin today unveiled P44(TM), a company-funded effort to demonstrate a long range strike missile for quick precision strike against moving surface targets under any battlefield...
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Mar 5, 2007
The U.S. Army awarded Lockheed Martin [NYSE: LMT] a follow-on production contract for Arrowhead(R), the new electro-optical system for AH-64 Apache combat helicopter pilots. The contract, valued...
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Mar 2, 2007
The Cooperative Avionics Test Bed, a modified 737 designed to validate the F-35 Lightning II's(TM) avionics suite, flew today from Mojave, Calif., to Lockheed Martin's Fort Worth plant to prepare...
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Mar 1, 2007
Lockheed Martin Corporation will webcast live a presentation by Judy Marks, President, Lockheed Martin Transportation and Security Solutions, at the 2007 FBR Washington Conference on Thursday,...
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Feb 28, 2007
Lockheed Martin has entered into a contract with the Government of Norway to build new production service life extension kits for six Royal Norwegian Air Force P-3 Orion maritime patrol aircraft....
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Feb 27, 2007
The U.S. Department of Defense's Missile Defense Agency (MDA) today awarded Lockheed Martin $979,175,217 for continued development and evolution of the Aegis Ballistic Missile Defense (BMD) Weapon...
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Feb 27, 2007All JSF Partner Nations Ready to Move Into Production Phase
Denmark today became the ninth and final F-35 partner nation to join the production and support phase of the Joint Strike Fighter program. In signing the F-35 Production, Sustainment and Follow-On...
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Feb 27, 2007
Lockheed Martin Corporation will webcast live a presentation by Chairman, President and Chief Executive Officer, Bob Stevens, at the Citigroup 20th Annual Global Industrial Manufacturing...
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Feb 26, 2007
Lockheed Martin received a United Kingdom Ministry of Defence (MoD) contract to supply the Sniper(R) Advanced Targeting Pod (ATP) for the Harrier GR9 aircraft to satisfy an Urgent Operational...
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Feb 23, 2007FS21 system up and running in Washington Hub
The Lockheed Martin Automated Flight Service Station team achieved a major milestone at 1 a.m. EST on February 22. At that time the flight service network's Washington, D.C. Hub went live and...
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Feb 23, 2007
A world-class team led by Lockheed Martin has been down selected by the Federal Aviation Administration (FAA) to propose a solution for the Automatic Dependent Surveillance Broadcast (ADS-B)...
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Feb 22, 2007Changes Will Enhance Support to Evolving Customer Requirements, Strengthen Integration of Corporate Resources
Lockheed Martin Corp. today announced a realignment of some of its business areas along with several personnel changes. The realignment is being made to enhance support for critical customer...
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Feb 19, 2007
Two Lockheed Martin executives will be recognized as Asian American Engineers of the Year by the Chinese Institute of Engineers-USA at their annual award event on March 31, 2007 in Washington, DC....
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Feb 19, 2007
In a paper published in the February 2007 issue of Geophysical Research Letters, scientists from the Lockheed Martin Advanced Technology Center (ATC) are using data from a unique, state-of-the-art...
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Feb 15, 2007
As a subcontractor to CHI Systems, an OSI Geospatial company, Lockheed Martin Advanced Technology Laboratories (ATL) and teammates successfully demonstrated advanced team training and...
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Feb 14, 2007RC-800 Radar and Ground Stations to be Upgraded
Lockheed Martin announced today that it is has been awarded a $28 million contract through the U.S. Defense Security Cooperation Agency for upgrades and continued support of RC-800 reconnaissance...
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Feb 14, 2007Integrated Coast Guard Systems reports progress, reassures cooperation before Senate Subcommittee on Oceans, Atmosphere, Fisheries, and Coast Guard
Representatives from Integrated Coast Guard Systems (ICGS) today presented testimony on the Integrated Deepwater System program before the Senate Subcommittee on Oceans, Atmosphere, Fisheries, and...
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Feb 14, 2007Laser Radar System Provides Wake Vortex Evaluation for Improved Airport Operations
Lockheed Martin announces that EUROCONTROL has purchased a WindTracer(R) Doppler lidar system that will be installed at the Charles de Gaulle International Airport (CDG) near Paris, France. The...
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Feb 14, 2007
Lockheed Martin has been awarded a contract by the Romanian Ministry of Defense (MoD) to significantly upgrade five AN/FPS-117 long-range radars originally delivered to Romania in 1998 and 1999....
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Feb 13, 2007
The U.S. Navy's Naval Air Systems Command has awarded Lockheed Martin a $186.5 million Foreign Military Sale contract to continue providing mission system upgrades and sustainment work for seven...
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Feb 13, 2007Laser Radar System Used in the CREDOS Project of EUROCONTROL
The U.S. Federal Aviation Administration (FAA) is loaning a Lockheed Martin WindTracer(R) Doppler lidar system to the European Commission's CREDOS project (Crosswind Reduced Separations for...
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Feb 12, 2007
The Cooperative Avionics Test Bed, a highly modified 737 designed to validate the Lockheed Martin F-35 Lightning II's powerful avionics, has satisfied all test objectives within its initial...
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Feb 8, 2007
The Lockheed Martin Corporation -led F-22 Raptor aircraft team is the recipient of the National Aeronautic Association (NAA) 2006 Robert J. Collier Trophy, considered America's most prestigious...
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Feb 8, 2007
Lockheed Martin C-130Js operated by the U.S. Air Force have just completed a 20- month deployment to southwest Asia where they soundly demonstrated the ability to maintain a high operational tempo...
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Feb 8, 2007Service-Oriented Architecture Enables Access to Intelligence Data and Services
Lockheed Martin announced today that Air Force commanders at different locations now have immediate access to each other's intelligence imagery and services, attributable to the early fielding of...
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Feb 7, 2007TMOS Operation Center Opens to Support Critical Air Force Communications Network
San Jose Mayor Chuck Reed dedicated a new Lockheed Martin facility here designed to support the TSAT Mission Operations System (TMOS) program. The TMOS Operation Center will be used to prototype...
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Feb 7, 2007
Lockheed Martin received a firm fixed-price foreign military sales contract from the Belgium Defense (BE DEF) for eight Sniper(R) Advanced Targeting Pods (ATP), making the BE DEF the fifth...
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Feb 5, 2007Commanders Have More Accurate and Real-Time Depiction of Missile Threats
Lockheed Martin today announced the successful delivery of a new missile warning system to address tactical and strategic missile threats against the United States and Canada. U.S. Strategic...
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Feb 5, 2007Second GEO Spacecraft Readied for Propulsion Subsystem Integration
Lockheed Martin announced today that the first Space-Based Infrared System (SBIRS) geosynchronous orbit (GEO) spacecraft bus has successfully completed engineering thermal vacuum testing at its...
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Feb 1, 2007
Lockheed Martin will host a media briefing at the upcoming Air Force Association Air Warfare Symposium in Orlando, Florida at the Buena Vista Palace hotel on February 8. The presentation will...
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Feb 1, 2007Purchase Strengthens Company's Capabilities in Mission Solutions for Growing Health Care Initiatives
Lockheed Martin Corporation has completed its acquisition of Management Systems Designers Incorporated (MSD), a Fairfax, Virginia-based provider of information technology (IT) and scientific...
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Feb 1, 2007
Lockheed Martin and Kongsberg Defence & Aerospace (Kongsberg) of Norway have entered into a Joint Marketing Agreement to market an air-launched version of the Naval Strike Missile. The missile, to...