Releases
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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...
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Oct 14, 2019Sikorsky and its team of suppliers are prepared to manufacture RAIDER X as the U.S. Army's Future Attack Reconnaissance Aircraft
Sikorsky, a Lockheed Martin company (NYSE: LMT), today introduced RAIDER X™, its concept for an agile, lethal and survivable compound coaxial helicopter, specifically designed for securing...
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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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Sep 26, 2019
The Lockheed Martin Corporation (NYSE: LMT) board of directors has authorized a fourth quarter 2019 dividend of $2.40 per share, representing an increase of $0.20 per share over last quarter. The...
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Sep 26, 2019
The Lockheed Martin Corporation [NYSE: LMT] board of directors has authorized the purchase of up to an additional $1.0 billion of Lockheed Martin common stock under its share repurchase program....
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Sep 24, 2019
Lockheed Martin (NYSE: LMT) today announced the Sikorsky HH-60W Combat Rescue Helicopter (CRH) program achieved a Milestone C decision from the U.S. Air Force, which moves the program into low...
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Sep 23, 2019Production Starts on Spacecraft that will Take Astronauts to the Moon
NASA and Lockheed Martin (NYSE: LMT) have finalized a contract for the production and operations of six Orion spacecraft missions and the ability to order up to 12 in total. Orion is NASA's deep...
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Sep 17, 2019The company estimates Advanced EOTS will save over $1 billion in life cycle cost
Lockheed Martin (NYSE: LMT) has continued development of its Advanced Electro-Optical Targeting System (EOTS), which offers crystal clear resolution, unmatched multi-spectral range and significant...
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Sep 16, 2019
Making Northern Alabama its central location for Hypersonic Strike Work, Lockheed Martin (NYSE: LMT) will establish a new facility for the assembly, integration and testing of hypersonics programs...
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Sep 10, 2019
Arkansas officials joined Lockheed Martin (NYSE: LMT) executives to break ground on the new Long Range Fires Production Facility, the first of many expansions at the company's site in Camden. In June,
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Sep 10, 2019Platform firings reduce soldier exposure
REDSTONE ARSENAL, Ala., (Sept. 10, 2019) – The Javelin™ Joint Venture team, a partnership of Raytheon Company (NYSE: RTN) and Lockheed Martin (NYSE: LMT), successfully fired Javelin missiles...
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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 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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Aug 29, 2019PAC-3 CRI leverages multiple sensors for long range intercept
White Sands Missile Range, Aug. 29, 2019 – A Lockheed Martin (NYSE: LMT) PAC-3 Cost Reduction Initiative (CRI) interceptor successfully intercepted an Air-Breathing Threat (ABT) at a record...
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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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Aug 3, 2019LCS 15 commissioned in Key West, Florida
The U.S. Navy commissioned USS Billings (LCS 15) – the nation's eighth Freedom-variant Littoral Combat Ship (LCS) – in Key West, Florida. This milestone places the ship, built by the Lockheed...
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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 20, 2019
The goal of humans again walking on the Moon is one giant leap closer. Lockheed Martin (NYSE: LMT) has completed building the capsule for NASA's Orion spacecraft. The crew module capsule for the...
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Jul 16, 2019
Lockheed Martin (NYSE: LMT) will webcast live its second quarter 2019 earnings results conference call on Tuesday, July 23, 2019, at 11:00 a.m. EDT. Marillyn Hewson, chairman, president and chief...
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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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Jul 12, 2019Derco, a Lockheed Martin company, is expanding its workforce to support the growing business
During a visit to Derco, a Lockheed Martin company (NYSE: LMT), President Donald J. Trump announced more work is coming to Milwaukee. Derco will provide parts warehousing and distribution...
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Jul 2, 2019
The critical launch abort system for NASA's Orion spacecraft was put to its hardest test today, and it demonstrated its capability to pull the crew module and future astronauts to safety during a...
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Jul 1, 2019Current RMS chief to retire
Lockheed Martin's board of directors approved the appointments of new leaders for two of the corporation's business areas. Frank St. John will move to executive vice president of Rotary and...
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Jun 27, 2019
The Lockheed Martin Corporation (NYSE: LMT) board of directors has authorized a third quarter 2019 dividend of $2.20 per share. The dividend is payable on Sept. 27, 2019, to holders of record as...
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Jun 26, 2019U.S. Navy to commission ship in October
Littoral Combat Ship (LCS) 17, the future USS Indianapolis, completed Acceptance Trials in Lake Michigan. This is the ship's final significant milestone before the ship is delivered to the U.S....
