Releases
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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...
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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....
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Jun 25, 2019
Lockheed Martin (NYSE: LMT) received a $561.8 million production contract for Army Tactical Missile System (ATACMS) missiles for the U.S. Army and Foreign Military Sales (FMS) customers. The...
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Jun 24, 2019
Schrobenhausen and Dallas, June 24, 2019 – The TLVS bidders consortium, an MBDA Deutschland and Lockheed Martin joint venture, has submitted its proposal to the German Federal Office of...
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Jun 17, 2019
Lockheed Martin (NYSE: LMT) is investing $142 million in its Camden facility in Arkansas and adding 326 new jobs by 2024. Arkansas Gov. Asa Hutchinson joined Lockheed Martin executives during the...
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Jun 17, 2019Rapid development and testing continues through 2019
The U.S. Air Force and Lockheed Martin (NYSE: LMT) successfully flight tested the AGM-183A Air-Launched Rapid Response Weapon (ARRW) on the service's B-52 Stratofortress out of Edwards Air Force...
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Jun 17, 2019
Lockheed Martin (NYSE: LMT) successfully delivered the 500th Electro-Optical Targeting System (EOTS). All units have been delivered on time or ahead of schedule to support aircraft production and...
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Jun 15, 2019Capable, lethal and flexible ship will serve targeted missions around the world
The Lockheed Martin (NYSE: LMT)-led shipbuilding team launched Littoral Combat Ship (LCS) 21, the future USS Minneapolis-Saint Paul into the Menominee River at the Fincantieri Marinette Marine...
