Releases
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Nov 14, 2019Lockheed Martin's Solid State Radar has been designated as AN/SPY-7(V)1 by the United States government. SPY-7 and Aegis Ashore will defend against ballistic missile threats and provide continuous protection of Japan.
The world's latest generation solid-state radar technology, formerly known as Lockheed Martin's (NYSE: LMT) Solid State Radar (LM SSR), has been designated as AN/SPY-7(V)1 by the United States...
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Nov 7, 2019
Two Lockheed Martin (NYSE: LMT) PAC-3 Cost Reduction Initiative (CRI) interceptors successfully intercepted two tactical ballistic missile targets today in a test at White Sands Missile Range, New...
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Nov 7, 2019
WASHINGTON, D.C., Nov. 7, 2019 – Lockheed Martin (NYSE: LMT) today announced the appointment of Andrew (Andy) Adams to oversee all strategic and operational aspects of its efforts to support...
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Oct 29, 2019The F-35A is now below $80 million; lower cost than legacy aircraft
The F-35 Joint Program Office and Lockheed Martin (NYSE: LMT) finalized a $34 billion agreement for the production and delivery of 478 F-35s at the lowest aircraft price during the history of the...
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Oct 25, 2019
Lockheed Martin (NYSE: LMT) announced today that its board of directors has elected Debra Reed-Klages to the board effective November 1, 2019. "Debra brings a demonstrated track record of global...
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Oct 23, 2019TRC to Acquire Distributed Energy Solutions Business
Lockheed Martin (NYSE: LMT) and TRC Companies ("TRC") announced today a definitive agreement in which TRC will acquire Lockheed Martin Energy's Distributed Energy Solutions group. The sale is part...
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Oct 23, 2019Potential value of the Mk21A contract worth $138 million
The US Air Force has awarded Lockheed Martin (NYSE: LMT) a $108 million contract for the Mark21A Reentry Vehicle (Mk21A) Technology Maturation and Risk Reduction (TMRR) contract. The potential...
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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 15, 2019
Lockheed Martin (NYSE: LMT) will webcast live its third quarter 2019 earnings results conference call on Tuesday, October 22, 2019, at 11:00 a.m. EDT. Marillyn Hewson, chairman, president and...
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Oct 15, 2019The new design increases turret reliability by 40 percent and drastically improves aircraft availability through a variety of flight line maintenance enhancements.
The U.S. Army recently awarded Lockheed Martin (NYSE: LMT) a $40.6 million contract to produce Modernized Turrets (M-TUR) for the AH-64E Apache helicopter, an upgrade to the Modernized Target...
