Releases
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Oct 21, 2003Center Experts Will Collaborate with Customers on Network-Centric Technology Challenges
Lockheed Martin Corporation today announced plans to establish a $30 million integration center in Suffolk, Va. for collaboration with customers and industry partners on network-centric systems to...
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Oct 21, 2003
A team led by Lockheed Martin and Northrop Grumman , has submitted a proposal for the Risk Reduction and System Definition effort of the Transformational Communications MILSATCOM (TCM) Space...
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Oct 21, 2003
The Lockheed Martin F-35 Joint Strike Fighter team successfully launched the first phase of the F-35 Data Fusion Risk Reduction flight-test program with recently conducted flights over the...
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Oct 21, 2003
Lockheed Martin and the Romanian Ministerul Agriculturii, Padurilor, Apelor si Mediului (MAPAM), or Ministry of Agriculture, Forests, Waters and Environment, today participated in an opening...
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Oct 21, 2003
The Joint Air-to-Surface Standoff Missile (JASSM), developed by Lockheed Martin , has been certified by both the JASSM Joint Program Office and the B-52 Systems Program Office to meet warfighter...
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Oct 18, 2003Final Refurbished Missile Completes 100% Mission Success Record
A Lockheed Martin-built Titan II launch vehicle successfully placed the Defense Meteorological Satellite Program (DMSP) Block 5D-3 spacecraft into orbit this morning for the U.S. Air Force. The...
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Oct 16, 2003Powered Low Cost Autonomous Attack System Successful in Flight Test
Lockheed Martin and the Air Force Research Lab Munitions Directorate conducted a successful powered Low Cost Autonomous Attack System (LOCAAS) flight test at Eglin Air Force Base, Fla. The test...
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Oct 15, 2003Launchers to be Installed Aboard Korea's KDX-III Ships
Lockheed Martin received a $127 million Foreign Military Sale contract from the U.S. Navy to deliver the MK 41 Vertical Launching System (VLS) for three Republic of Korea KDX-III destroyers. Based...
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Oct 14, 2003Three Aerospace Innovators - Lockheed Martin, Northrop Grumman and Orbital Sciences - Combine Strengths to Design and Build NASA's Orbital Space Plane
Lockheed Martin Corporation announced today that Orbital Sciences Corporation will join the Lockheed Martin/Northrop Grumman team that is competing for full-scale development of NASA's Orbital...
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Oct 13, 2003
Lockheed Martin has received a $119 million contract to conduct System Development and Demonstration (SDD) for a Guided Multiple Launch Rocket System (GMLRS) variant with a single warhead. Work on...
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Oct 13, 2003
A Defense Meteorological Satellite Program (DMSP) Block 5D-3 spacecraft, built under contract for the U.S. Air Force by Lockheed Martin is being prepared for launch on October 15, 2003. A Titan II...
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Oct 10, 2003
The U.S. Navy today awarded an $812.5 million contract to Lockheed Martin for the continued development of the Missile Defense Agency's Aegis Ballistic Missile Defense (BMD) capability. Under the...
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Oct 9, 2003e-Rulemaking One of the President's 24 Electronic Government Initiatives
Lockheed Martin has been awarded a contract valued at $98 million in support of the President's Management Agenda to establish a common, automated and integrated approach to managing the federal...
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Oct 9, 2003
Lockheed Martin has been awarded a $22.8 million contract by the U.S. Nuclear Regulatory Commission (NRC) for maintenance and operational support of NRC's application systems and IT environment....
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Oct 8, 2003
Lockheed Martin and Romania's Ministerul Agriculturii, Padurilor, Apelor si Mediului (MAPAM) announced that Lockheed Martin has been selected to provide a hydrological forecast system to Romania...
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Oct 7, 2003
Lockheed Martin is opening a multi-media Concept and Development Center in Washington, DC, to showcase its Littoral Combat Ship (LCS) project and team attributes for this transformational U.S....
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Oct 7, 2003
The Lockheed Martin-led Littoral Combat Ship team is continuing the development of its semi-planing seaframe design through a new series of tank tests that will prove the efficacy of several...
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Oct 7, 2003
Lockheed Martin has successfully completed deliveries of all targetry equipment under its WHIP (Weight, Hit Indication, and Planning) Program with the Försvarets Materielverk, Swedish Defence...
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Oct 7, 2003
Lockheed Martin announced today that Japan has purchased a seventh lot of Vertical Launch Antisubmarine (VLA) rockets valued at $59.8 million. Lockheed Martin will deliver the VLAs to Mitsubishi...
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Oct 6, 2003
Lockheed Martin successfully completed initial testing of two key subsystems of a remotely-controlled, over-the-horizon minehunting system during sea trials of the Navy destroyer Pinckney in the...
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Oct 3, 2003
Lockheed Martin released today its news media briefing schedule for the Association of the United States Army trade show. Embracing the show's theme of "The Army at War and Transforming," the...
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Sep 29, 2003
The Missile Defense Agency today awarded Lockheed Martin a $40 million design and risk reduction contract as the next phase of the advanced technology concept demonstration to deliver a high...
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Sep 29, 2003Two Aerospace Innovators Combine to Simplify and Strengthen Competition to Build Safe, Affordable Complement to the Space Shuttle
Lockheed Martin Corporation's Space Systems Company and Northrop Grumman Corporation's Integrated Systems sector have moved NASA a significant step closer to its goal of launching a safe,...
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Sep 29, 2003
At 6:15 p.m. today Lockheed Martin will conduct a media availability teleconference call from its Akron business unit on its win of the Missile Defense Agency's High Altitude Airship program....
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Sep 29, 2003World-Class Facility to Further Horizontal Integration Within Joint C4ISR
Lockheed Martin today unveiled its new HI-Vision Air-Space Integration Lab, a state-of-the-art development and integration facility designed to enable collaboration with customers and industry...
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Sep 26, 2003
Three Netherlands- based companies have added approximately $58 million to the country's work share in the Lockheed Martin F-35 Joint Strike Fighter program. The Netherlands' F-35 JSF business...
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Sep 25, 2003Innovative Technology Practices Earn Lockheed Martin Place on Listing
Lockheed Martin has been named to CMP Media LLC's InformationWeek 500, a prestigious listing of the most innovative users of information technology in the United States. For 15 years, the...
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Sep 23, 2003
Longbow Limited (LBL), a joint venture between Lockheed Martin and Northrop Grumman Corporation , has received a contract to provide eight Longbow fire control radars and support to the government...
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Sep 22, 2003
The seventh generation of the Lockheed Martin-developed Aegis Weapon System successfully completed extensive testing during two sea trials recently onboard the Navy's newest Aegis-equipped Arleigh...
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Sep 22, 2003Program Tied to Mentoring, Scholarships at PGCC, University of Maryland
Officials from Lockheed Martin recently met with faculty of a Prince George's County, Md., school, Prince George's Community College and the University of Maryland-College Park to sign an...
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Sep 18, 2003
Four employees of Lockheed Martin Aeronautics Company have been named to receive prestigious achievement awards by national technical organizations that honor African American, Hispanic and women...
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Sep 17, 2003
Lockheed Martin today announced Peter M. Cuviello as vice president, Information Infrastructure, for Lockheed Martin Mission Systems. Cuviello will lead Mission Systems' focus on information...
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Sep 17, 2003
IndustryWeek, the leading manufacturing management magazine, selected Lockheed Martin's plant in Syracuse, NY, as a winning facility in its 14th annual Best Plants competition. "These plants set...
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Sep 16, 2003
Lockheed Martin recently conducted a number of successful flight tests of its Sniper XR Advanced Targeting Pod on F-15E and F-16 fighters. During the battery of tests, the targeting pod's...
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Sep 16, 2003
The U.S. Air Force has awarded the Lockheed Martin Battle Management Command Control (BMC2) team a $4 million contract to continue the competition for the E-10A BMC2 program. The contract award...
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Sep 15, 2003
Lockheed Martin Corporation and Titan Corporation have entered into a definitive agreement for Lockheed Martin to acquire Titan. Under the merger agreement, shareholders of Titan may elect to...
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Sep 15, 2003
Lockheed Martin announced today that its board of directors has authorized an increase to the dividend paid on the common stock from $.12 per-quarter to $.22 per-quarter. This increase will be...
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Sep 15, 2003
Lockheed Martin's facility in Eagan has achieved a Maturity Level 3 rating against the Standard Capability Maturity Model Integration (CMMI(R)) for systems and software engineering. The CMMI(R) is...
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Sep 15, 2003
Lockheed Martin has been selected by the Allegheny County Airport Authority in Pennsylvania to lead an $8.8 million security upgrade program that will integrate and enhance the current baggage...
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Sep 15, 2003Senior Executives Will Also Present at Upcoming CSFB Conference
Lockheed Martin will webcast live a presentation by Christopher E. Kubasik, Senior Vice President and Chief Financial Officer, Lockheed Martin Corporation. On September 17th, Mr. Kubasik will...
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Sep 12, 2003Advanced ISR, Targeting and Strike Prototype to Set Requirements for Future Navy Programs
The U.S. Navy and an industry team that includes Lockheed Martin, BAE SYSTEMS and Raytheon recently completed the successful demonstration of the Enterprise Expeditionary Strike Warfare...
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Sep 11, 2003Tour Follows Recent Sales to Italy & Greece
Lockheed Martin Alenia Tactical Transport Systems (LMATTS) announced today that a C-27J Spartan tactical airlifter will visit six locations across the United States over the next two weeks. This...
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Sep 11, 2003
Lockheed Martin will webcast live a presentation by Robert J. Stevens, President and Chief Operating Officer, Lockheed Martin Corporation. Mr. Stevens will present on behalf of Lockheed Martin at...
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Sep 11, 2003
Lockheed Martin will provide an extension to the Greek National Vessel Traffic Management Information System (VTMIS) under a $1 million sub- contract from the Hellenic Telecommunications &...
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Sep 10, 2003
MEADS International completed a successful series of demonstrations and tests of its advanced lightweight launcher prototype in Brescia, Italy, and has released the first photographs of the...
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Sep 10, 2003
A newly dedicated work space at Lockheed Martin Aeronautics Co. in Fort Worth will play a major role in ensuring that the F-35 Joint Strike Fighter meets the needs of United States and allied...
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Sep 10, 2003A Key Enabler for Network Centric Warfare
Lockheed Martin is leading an experienced industry team in the competition to develop software-defined radios that will dramatically improve joint tactical communications for warfighters. The...
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Sep 10, 2003
Lockheed Martin today agreed to team with Rolls-Royce plc and VT Group plc to pursue the Training Systems Integrator role for the UK Ministry of Defence's Military Flying Training System (MFTS)....
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Sep 10, 2003
Lockheed Martin Commercial Space Systems, a business unit of the Lockheed Martin Corporation has been awarded a contract to build an A2100 geosynchronous satellite for EchoStar Communications...
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Sep 9, 2003
Lockheed Martin UK Ltd.- Information Systems has been awarded a contract by the Defence Procurement Agency to provide the new British Army Battlegroup Command and Control Trainer (BC2T). Overall,...
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Sep 9, 2003ATOP System Will Increase Capacity of Oceanic Airspace
Lockheed Martin has achieved government acceptance of Build 1 for the new system that will control air traffic over the U.S. oceanic airspace. The Advanced Technologies and Oceanic Procedures...
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Sep 9, 2003
Lockheed Martin will webcast live a presentation by Robert J. Stevens, President and Chief Operating Officer, Lockheed Martin Corporation. On September 11th, Mr. Stevens will present on behalf of...
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Sep 9, 200336th Mission for Nation's Most Powerful Booster
A Lockheed Martin -built Titan IV B rocket lifted off this morning at 12:29 a.m. Eastern Daylight Time carrying a classified payload for the U.S. Air Force and the National Reconnaissance Office...
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Sep 8, 2003
The U.S. Naval Air Systems Command (NAVAIR) Warfare Center, Weapons Division, China Lake has awarded Lockheed Martin a $36 million task order to support the Combat Environment Simulation (CES)...
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Sep 3, 2003
Lockheed Martin has developed an innovative and cost-effective antenna system for tracking test flights of the U.S. Navy's Trident II D5 Fleet Ballistic Missile. The system, called S-Band Mobile...
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Sep 3, 2003
Lockheed Martin today announced that Raytheon, ITT, and General Dynamics have joined its team to develop the U.S. Air Force's next generation Global Positioning Satellite system, GPS III. Lockheed...
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Sep 2, 2003
The Lead-In Fighter Trainer (LIFT) version of the T-50 Golden Eagle supersonic fast jet trainer made its initial flight on Aug. 29. The aircraft was flown by the Republic of Korea Air Force...
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Aug 29, 2003
The last in a series of 14 Defense Satellite Communications System (DSCS) spacecraft built by Lockheed Martin for the U.S. Air Force was successfully launched today from Cape Canaveral Air...
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Aug 28, 2003
Lockheed Martin and San Diego-based General Atomics Aeronautical Systems, Inc., (GA-ASI) have teamed to jointly pursue the U.S. Navy Broad Area Maritime Surveillance (BAMS) Unmanned Aerial Vehicle...
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Aug 27, 2003$140 Million Project to Help Bureau to Fight Security Risks
Lockheed Martin has been selected by the Federal Bureau of Investigation to support the development of a new enterprise-wide security architecture for its computers and networks. Under the...
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Aug 26, 2003
The following is a statement by Lockheed Martin regarding the Space Shuttle Colombia Accident Investigation Board report: On February 1, 2003, our nation suffered the tragic loss of the Space...
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Aug 26, 2003System Improves Flow of Air Traffic by Allowing Controllers To Resolve Potential Conflicts Far in Advance
An advanced air traffic system developed by Lockheed Martin to improve the direct routing of aircraft was put into operational use today at the Federal Aviation Administration's Jacksonville Air...
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Aug 25, 2003
A new ceramic rocket nozzle throat for solid rocket motors developed by Lockheed Martin , has received the coveted "Technology Innovation Award" from Aviation Week & Space Technology (AW&ST) magazine.
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Aug 25, 2003- The Last Prerequisite for Production Decision
The Republic of Korea Air Force (ROKAF) has successfully completed the Initial Operational Assessment (IOA) of the T-50 supersonic advanced jet trainer well ahead of schedule. The first of 26 test...
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Aug 25, 2003
NASA's Space Infrared Telescope Facility (SIRTF), built, integrated and tested at Lockheed Martin facilities in Sunnyvale, California, roared into space this morning at 1:35 am EDT from the NASA...
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Aug 22, 2003
On Aug. 20, the T-50 Golden Eagle advanced supersonic trainer successfully completed 20 months of static structural testing right on schedule. The tests were performed by Korea Aerospace...
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Aug 22, 2003
Lockheed Martin today announced that it will conduct final assembly of its Kinetic Energy Interceptor (KEI) in Courtland, AL, if selected by the Missile Defense Agency (MDA) to proceed as prime...
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Aug 22, 2003
The United States Joint Forces Command (USJFCOM) has chosen Lockheed Martin to provide technical and engineering support for the Joint Battle Management Command and Control (JBMC2) Concept,...
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Aug 21, 2003
The U.S. Naval Air Training Command (NATRACOM) has awarded Lockheed Martin the Chief of Naval Air Training (CNATRA) Classroom and Simulator Services contract valued at $82.2 million. The five-year...
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Aug 20, 2003
NASA's Space Infrared Telescope Facility (SIRTF) has completed integration, testing and pre-launch checkout at Lockheed Martin facilities in Sunnyvale, California, and is being prepared for a...
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Aug 20, 2003
Lockheed Martin Corporation today announced the completion of its offers to repurchase for cash any and all of its outstanding 7.25% Notes due May 15, 2006 and the 8.375% Debentures due June 15,...
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Aug 18, 2003
Lockheed Martin's Future Combat System (FCS) Multifunction Utility Logistics and Equipment (MULE) vehicle has been selected by the FCS Lead System Integrator (LSI) team of Boeing and Science...
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Aug 18, 2003
Lockheed Martin celebrated the first production delivery of its F-16 Fighting Falcon on this date 25 years ago. The F-16 has been one of the most successful military aircraft programs in history...
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Aug 13, 2003
Lockheed Martin Corporation today announced it has completed the sale of $1 billion aggregate principal amount of floating rate convertible debentures due 2033. The offering increased from $850...
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Aug 13, 2003Teammates Bring Unparalleled Expertise in Border Security And Deploying Nationally Significant Programs
Lockheed Martin announced that it will lead an experienced team of companies bidding for the Department of Homeland Security's (DHS) US Visitor and Immigrant Status Indicator Technology (VISIT)...
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Aug 12, 2003
Lockheed Martin has appointed James W. LaJeunesse to the position of vice president of finance and administration for Maritime Systems & Sensors, effective September 1, 2003. In this position,...
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Aug 12, 2003
Lockheed Martin has been awarded a $16 million contract to provide the U.S. Navy and U.S. Marine Corps with a two-seat EA-6B operational flight and navigational trainer that extends the...
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Aug 11, 2003
The UK Ministry of Defence (MoD) has appointed Lockheed Martin as preferred supplier for Project Soothsayer, the next-generation Electronic Warfare (EW) program for British land forces. Worth in...
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Aug 11, 2003Training System Provides PC-Driven Visual System for Enhanced Performance, Lower Cost
Lockheed Martin recently took the Marine Corps Aviation Simulator Master Plan F/A-18D simulator for its first flight using a new, PC-driven image generator and host computer system designed to...
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Aug 8, 2003Another First for the Transformational Weapon System
Lockheed Martin conducted a successful test of the transformational Line-of-Sight Antitank (LOSAT) Weapon System yesterday in which a Kinetic Energy Missile (KEM) was fired at short range at a...
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Aug 8, 2003
Lockheed Martin Corporation today announced an agreement, subject to standard closing conditions, for the sale of $850 million aggregate principal amount of its floating rate convertible...
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Aug 7, 2003
Lockheed Martin's board of directors today declared a regular quarterly dividend on the Corporation's common stock of 12 cents per share. The dividend is payable September 30, 2003 to holders of...
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Aug 6, 2003
Lockheed Martin Corporation announced today that it intends to offer to purchase for cash up to $1.15 billion in principal amount of two of its outstanding debt issues. The offer is for any and...
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Aug 6, 2003
Lockheed Martin Corporation announced today that it intends to offer up to $850 million of floating rate convertible debentures through an offering to qualified institutional buyers pursuant to...
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Aug 6, 2003
The Medium Extended Air Defense System (MEADS) demonstrated its ability to acquire, classify, track and destroy simulated aircraft and missile targets in a successful System Level Interface...
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Aug 5, 2003
Lockheed Martin received a $413.5 million contract today to begin the System Development and Demonstration (SD&D) phase of the Advanced Hawkeye (AHE) program for the U.S. Navy's E-2C Hawkeye...
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Aug 5, 2003
Lockheed Martin and the crews of the Spanish Navy frigate Alvaro de Bazan and the U.S. Navy destroyer USS Mason made history in late July with the successful completion of the first international...
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Aug 4, 2003ECG Program Milestone Met Ahead of Deadline; Lays Groundwork for Modernization of Air Traffic Infrastructure
Lockheed Martin has achieved government acceptance -- one month ahead of the contract schedule -- of a vital new air traffic radar and communications component, one of the first building blocks...
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Aug 4, 2003Restructure to Combine Naval Electronics & Surveillance Systems Units Into Single Enterprise with Common Systems and Processes
In a move to enhance customer satisfaction and strengthen its competitive advantage in design and integration of combat systems and sensors for maritime and related markets, Lockheed Martin is...
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Aug 1, 2003
Lockheed Martin announced today that it entered into definitive agreements to acquire ACS' federal government information technology (IT) business. Concurrently, ACS will acquire Lockheed Martin's...
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Jul 31, 2003
Lockheed Martin has completed an Integrated Technology Demonstration (ITD) under the $20 million U.S. Navy Component Advanced Development (CAD) Phase II contract of the Multi-mission Maritime...
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Jul 30, 2003
Senators Norm Coleman and Mark Dayton will host a Defense Forum Monday morning with several members from Minnesota's defense industry at the Eagan headquarters of Lockheed Martin. The purpose of...
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Jul 30, 2003
Lockheed Martin has appointed Mary L. Leopold controller for Naval Electronics & Surveillance Systems (NE&SS) - Tactical Systems. In this position, Leopold will have responsibility for financial...
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Jul 29, 2003- The Remaining Prerequisite for Production Decision
The Republic of Korea Air Force (ROKAF) began Initial Operational Assessment (IOA) of the T-50, with the first flights on July 28. The T-50 is being developed by Korea Aerospace Industries (KAI),...
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Jul 28, 2003
Lockheed Martin successfully completed the next step in its Small Diameter Bomb (SDB) flight-test program in a flight over Eglin Air Force Base, FL. The SDB was released from an F-15E aircraft,...
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Jul 28, 2003
Lockheed Martin has delivered the first advanced Integrated Core Processor (ICP) modules for the F-35 Joint Strike Fighter under a $300 million System Development and Demonstration (SDD) contract....
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Jul 25, 2003
Lockheed Martin conducted a successful test of the transformational Line-of-Sight Antitank (LOSAT) Weapon System in which a Kinetic Energy Missile (KEM) was fired at a reinforced urban structure...
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Jul 25, 2003
Lockheed Martin has been awarded $9.4 million to enter the second phase of a development agreement by the Defense Advanced Research Projects Agency (DARPA) and the U.S. Army for the Unmanned...
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Jul 24, 2003* SALES INCREASED 23% TO $7.7 BILLION
Lockheed Martin Corporation today reported second quarter 2003 net sales of $7.7 billion, a 23% increase over the second quarter 2002 sales of $6.3 billion. Earnings from continuing operations for...
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Jul 22, 2003
Lockheed Martin Corporation will webcast live its second quarter 2003 earnings on Thursday, July 24, 2003 from 11:00 am to 12 pm (ET). Bob Stevens, President and Chief Operating Officer, Chris...