Releases
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Mar 10, 2020New radar system will play vital role in ballistic missile defense
CLEAR, ALASKA and MOORESTOWN, N.J., MARCH 10, 2020 – The Missile Defense Agency’s (MDA) Long Range Discrimination Radar (LRDR) program has completed delivery of the first ten antenna panels to...
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Feb 27, 2020New helicopter coined "Jolly Green II" by U.S. Air Force and makes debut at AFA Air Warfare Symposium
Sikorsky, a Lockheed Martin Company (NYSE: LMT), will build 12 additional HH-60W Combat Rescue Helicopters (CRH) following a second Low Rate Initial Production (LRIP) contract award by the U.S....
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Feb 20, 2020VH-92A® test helicopters flying and validating mission capabilities
Sikorsky, a Lockheed Martin company (NYSE: LMT), will build six production VH-92A® Presidential Helicopters under a contract from the U.S Navy. These helicopters are part of the 23 aircraft...
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Feb 18, 2020Lockheed Martin, Northrop Grumman Joint Venture will provide support services for AH-64D/E Apache foreign military customers.
The U.S. Army recently awarded LONGBOW Limited Liability Company (LBL), a joint venture of Lockheed Martin (NYSE: LMT) and Northrop Grumman Corporation (NYSE: NOC), a five-year sustainment...
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Feb 5, 2020New initiative targets small businesses with $100,000 in research and development work
ORLANDO, Fla., Feb. 5, 2020 – Sensors, artificial intelligence and autonomy are just three technology areas where Lockheed Martin (NYSE: LMT) seeks support from small businesses as part of its...
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Jan 30, 2020
BETHESDA, Md., Jan. 30, 2020 – Lockheed Martin (NYSE: LMT) and Oriden LLC, a Mitsubishi Hitachi Power Systems venture, announced today a teaming agreement for future energy storage projects...
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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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Jan 24, 2020
Lockheed Martin (NYSE: LMT) today announced its board of directors has elected former Chairman of the Joint Chiefs of Staff General Joseph F. Dunford Jr. to the board, effective Feb. 10, 2020....
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Jan 24, 2020
The Lockheed Martin Corporation (NYSE: LMT) board of directors has authorized a first quarter 2020 dividend of $2.40 per share. The dividend is payable on March 27, 2020, to holders of record as...
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Jan 21, 2020F-35 acts as an elevated sensor for Army Integrated Air and Missile Defense Flight Test
White Sands Missile Range, Jan. 21, 2020 – Two U.S. Air Force F-35s were integrated with the U.S. Army Integrated Air and Missile Defense Battle Command System (IBCS), providing an airborne...
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Jan 21, 2020
Lockheed Martin (NYSE: LMT) will webcast live its fourth quarter and full year 2019 earnings results conference call on Tuesday, January 28, 2020, at 11:00 a.m. EST. Marillyn Hewson, chairman,...
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Jan 15, 2020Integrated Weapon System continues development
The Defense Advanced Research Projects Agency (DARPA) awarded Lockheed Martin (NYSE: LMT) a $31.9 million contract for the Operational Fires (OpFires) Phase 3 Weapon System Integration program....
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Jan 14, 2020
MOORESTOWN, N.J., January 14, 2020 – Through partnerships with the U.S. Government, Spain, Japan, and Canada, Lockheed Martin’s (NYSE: LMT) solid state radar (SSR) technology will provide...
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Jan 13, 2020Multiyear III provides Super Hercules aircraft for U.S. Air Force, Marine Corps, Coast Guard
Lockheed Martin (NYSE: LMT) will deliver 50 C-130J Super Hercules to the U.S. government through a C-130J Multiyear III award, which was finalized by the U.S. government on Dec. 27, 2019. The...
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Jan 6, 2020Continue to Improve Readiness and Further Reduce Cost
The F-35 Joint Program Office awarded the Lockheed Martin (NYSE: LMT) industry team a $1.9 billion contract to support operations and sustainment of the global F-35 fleet, while improving mission...
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Dec 30, 2019F-35 Enterprise Has Tripled Production since 2016; 47% Increase from 2018 to 2019
Lockheed Martin (NYSE: LMT) delivered the 134th F-35 aircraft for the year today, exceeding the joint government and industry 2019 delivery goal of 131 aircraft. One hundred and thirty-four...
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Dec 12, 2019
Lockheed Martin (NYSE: LMT) announced today a teaming agreement with TC Energy in which the two companies will identify and develop large-scale, long-duration energy storage projects using...
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Dec 10, 2019Achievement advances missile closer to early U.S. Army acquisition of new long-range capabilities
Lockheed Martin (NYSE: LMT) successfully tested its next-generation long-range missile designed for the U.S. Army's Precision Strike Missile (PrSM) program at White Sands Missile Range, New...
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Nov 26, 2019
Lockheed Martin (NYSE: LMT) will webcast live a presentation by Executive Vice President and Chief Financial Officer (CFO) Ken Possenriede at the Credit Suisse Annual Industrials Conference on...
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Nov 18, 2019The LM-100J is the civil-certified version of the military C-130J Super Hercules
The Lockheed Martin (NYSE: LMT) LM-100J commercial freighter received its type design update certification from the Federal Aviation Administration on Nov. 15. This particular FAA certification...
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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...
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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...
