Releases
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Jul 18, 2003
Lockheed Martin announces several new task order wins spanning the spectrum of training and technology services. These task orders have been awarded under the Specialized Security Training...
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Jul 17, 2003
Cablevision Systems Corporation and Lockheed Martin announced that the Rainbow 1 telecommunications satellite was successfully launched today from Cape Canaveral aboard an Atlas V rocket provided...
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Jul 17, 2003
The U.S. Navy awarded the Lockheed Martin-led Littoral Combat Ship team a $10 million contract for preliminary design of this transformational naval combatant. The Lockheed Martin Littoral Combat...
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Jul 17, 2003
Lockheed Martin officials, along with officers from the United States and Italian Air Forces, celebrated the delivery today of the first of 34 F-16 fighter jets to be provided to Italy under a...
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Jul 17, 2003
Dain M. Hancock, executive vice president of Lockheed Martin's aeronautics business area, has received the Reed Aeronautics Award for 2003 from the American Institute of Aeronautics and...
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Jul 16, 2003
Lockheed Martin has successfully demonstrated an Automatic Air Collision Avoidance System (Auto ACAS) on a U.S. Air Force F-16, marking the first time this safety-enhancing technology was employed...
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Jul 16, 2003
Thailand's Korat Air Base received the final three of 16 refurbished Lockheed Martin F-16s on July 11 as part of the country's ongoing efforts to modernize its air force. The delivery completes...
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Jul 16, 2003
The U.S. Air Force has selected Lockheed Martin to modify up to 10 existing C-130 Hercules airlifters to the HC-130P combat search and rescue (CSAR) aircraft configuration. The contract is valued...
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Jul 16, 2003
MEADS International (MI) has submitted its business management proposal to begin the Design and Development (D&D) phase of the Medium Extended Air Defense System (MEADS). Submitted to the NATO...
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Jul 14, 2003
A business of Lockheed Martin has achieved another first in the independent assessment of its technical and managerial credentials. Lockheed Martin System Integration-Owego has achieved a Maturity...
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Jul 11, 2003
Lockheed Martin has received a $260 million not-to-exceed contract for a Missile Segment Enhancement (MSE) to the battle-proven Patriot Advanced Capability-3 (PAC-3) Missile. The MSE provides...
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Jul 11, 2003Process Improvement Guidance Integrates Systems Engineering, Software Development, and Integrated Product and Process Development
Lockheed Martin's center of excellence for training, support solutions, and fingerprint identification technology this week achieved a Level 4 capability maturity assessment against the Software...
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Jul 10, 2003Global Training Leader Provides System Upgrades for Military Simulators
Lockheed Martin has received a contact award worth approximately $20 million to provide the Hellenic Army of Greece with upgraded tank driving simulators for M60 and Leopard tanks, and for...
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Jul 9, 2003
Dain M. Hancock, president of Lockheed Martin Aeronautics Company, delivered the following opening remarks at a news conference here today at about 5:00 p.m. CDT: Thank you all for coming. The...
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Jul 9, 2003
Lockheed Martin officials will hold a press conference today at 5:30 p.m., CDT, 2nd floor, Meridian, MS, City Hall, to provide additional information regarding the tragedy that occurred at the...
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Jul 8, 2003
A Lockheed Martin employee at the company's Meridian, Miss., facility entered the plant today at approximately 10 a.m. Central Time with a gun and shot an unknown number of people before taking...
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Jul 8, 2003
All three of Lockheed Martin's major aircraft design and manufacturing sites recently completed registration to AS 9100, the newest international aerospace quality standard. AS 9100 is published...
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Jul 7, 2003
Lockheed Martin today announced that Harris Corporation and Embraer have joined its team in the competition to develop the U.S. Army's next generation Intelligence, Surveillance and Reconnaissance...
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Jul 2, 2003
Lockheed Martin's recent $9.6 million contract award from the U.S. Air Force for Phase 1 of the Preplanned Product Improvement (P3I) of the baseline Joint Air-to-Surface Standoff Missile (JASSM)...
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Jul 2, 2003
Lockheed Martin has formally joined the DD(X) National Team with the signing of a $175 million subcontract with Raytheon, the lead systems integrator. Lockheed Martin will leverage its naval...
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Jul 1, 2003
Lockheed Martin has received a $30 million Low-Rate Initial Production (LRIP) contract to begin producing the transformational Guided Multiple Launch Rocket System (GMLRS). The U.S. Army Aviation...
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Jun 27, 2003
Lockheed Martin demonstrated its strong commitment to the value of continued learning with an Education Fair held for employees today at its aeronautics plant here. Similar events were held...
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Jun 27, 2003'Integrated Systems and Solutions' Leverages Existing Expertise; Increases Focus on Customer's Mission Effectiveness
Lockheed Martin today announced the formation of a fifth business area that will leverage its existing and emerging capabilities to address customers' growing need for highly integrated systems...
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Jun 26, 2003
Lockheed Martin has successfully completed the initial phase of flight testing of a more powerful engine for the latest version of the F-16, the Block 60. The engine is a General Electric...
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Jun 26, 2003
Lockheed Martin and the Portuguese Air Force (PoAF) rolled out the first Portuguese F-16 aircraft to undergo a Mid-Life Update (MLU) during ceremonies today in Lisbon, marking the start of the...
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Jun 26, 2003
Lockheed Martin Corporation today announced that it has completed the acquisition of ORINCON Corporation International. Terms of the agreement were not disclosed. A systems integration and...
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Jun 26, 2003
The Air Force Research Laboratory at Eglin Air Force Base (AFB), FL awarded Lockheed Martin a $12 million contract for the Autonomous Wide Area Search Munition (AWASM) program, focused on...
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Jun 26, 2003
E.C. "Pete" Aldridge, Jr. has been elected to the Lockheed Martin Board of Directors, effective June 26th. Mr. Aldridge, 64, retired from government service in May. Aldridge is the former Under...
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Jun 25, 2003
The U.S. Air Force recently exercised a contract option associated with Phase III of the F-16 Common Configuration Implementation Program (CCIP) by awarding Lockheed Martin $26.6 million for...
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Jun 24, 2003
Lockheed Martin and BAE SYSTEMS have signed a Memorandum of Understanding (MOU) to explore partnership opportunities on missile defense programs in the United States, the United Kingdom and around...
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Jun 19, 2003
Lockheed Martin officials said today at the Paris Air Show that the company's solution to meet the U.S. Navy's requirement for a new maritime patrol aircraft also presents a low risk solution to...
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Jun 19, 2003
Lockheed Martin's F- 16 Fighting Falcon continues its historic evolution, honing its edge in meeting new operational requirements both in the defense marketplace and in combat, according to John...
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Jun 18, 2003
A new U.S. Navy enterprise personnel system developed by Lockheed Martin has now been installed at all 570 planned Navy ship and shore sites. The Navy Standard Integrated Personnel System (NSIPS)...
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Jun 18, 2003
Lockheed Martin and Kongsberg Defence & Aerospace (KDA) announced a $21 million contract today for production of the anti-submarine warfare control system for the Republic of Korea Navy's new...
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Jun 18, 2003Lockheed Martin-led Team Completes On-Orbit Checkout of Final Milstar II Satellite Ahead of Schedule
A U.S. Air Force/Lockheed Martin-led team has successfully accomplished an accelerated on-orbit checkout of the last Milstar II secure communications satellite and transferred full operational...
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Jun 17, 2003
Lockheed Martin's renowned Skunk Works officially marks its 60th Anniversary today. Once the informal name for the Lockheed organization led by Clarence L. "Kelly" Johnson that produced many of...
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Jun 17, 2003
Officials from the Republic of Korea Air Force (ROKAF), Korea Aerospace Industries (KAI) and Lockheed Martin said today that the T-50 Golden Eagle development program is on track and the...
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Jun 17, 2003
Lockheed Martin's F-35 Joint Strike Fighter Program is extending technological frontiers and establishing new levels of international participation in a fighter aircraft program, the F-35 JSF's...
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Jun 17, 2003
Lockheed Martin officials said today at the Paris Air Show, that the company's C-130J Super Hercules, the world's most advanced airlifter, is delivering outstanding performance for operators...
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Jun 17, 2003
Lockheed Martin has been awarded an initial $67 million contract to continue production, delivery and installation of the MK 41 Vertical Launching System (VLS) for the U.S. Navy. The contract...
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Jun 17, 2003Iraqi War Shows Continued Importance of Air Dominance
Dain M. Hancock, president of Lockheed Martin Aeronautics Co., said lessons learned in the Iraq war are likely to drive aerospace technology development for the next several years, with the...
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Jun 17, 2003
Lockheed Martin Commercial Space Systems (LMCSS), a business unit of the Lockheed Martin Corporation , has been awarded a contract to build two A2100 geosynchronous satellites for SES ASTRA. The...
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Jun 11, 2003Realignment Focuses Mission-Critical System Expertise For Transportation, Security and Other Civil Agency Customers
Lockheed Martin announced today the formation of the Transportation and Security Solutions (TSS) business unit to address growing national priorities for safe and efficient travel and control of...
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Jun 11, 2003Lockheed Martin's LOSAT Successfully Fires Guided Missile During Engineering Development Flight Test
The Line-of-Sight Antitank (LOSAT) System, developed by Lockheed Martin , successfully completed Engineering Development Flight Test-1 (EDF-1) at White Sands Missile Range, N.M., yesterday. The...
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Jun 11, 2003
Lockheed Martin marked the completion of the fourth Aegis Weapon System for the Spanish Navy's F-100 Frigate program today with a pull-the-plug ceremony at its Moorestown facility. The system will...
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Jun 10, 2003
Lockheed Martin Corporation today filed a lawsuit against The Boeing Company and three of Boeing's former employees. The 23-count complaint, filed in the United States District Court for the...
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Jun 10, 2003
NASA's Jet Propulsion Laboratory has awarded a Lockheed Martin team one of three $6 million concept design study contracts for the Jupiter Icy Moons Orbiter (JIMO). JIMO would be the first outer...
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Jun 10, 2003
Lockheed Martin today updated its press-briefing schedule for the 2003 Paris Air Show. New additions are an F-35 Joint Strike Fighter international teaming agreement announcement and signing...
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Jun 6, 2003
The U.S. Navy today awarded a $267.5 million contract to Lockheed Martin to provide combat systems engineering, computer program development, and ship integration and test support to the Republic...
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Jun 3, 2003
Lockheed Martin today announced its support for the Southern California Association of Governments' (SCAG) efforts to ensure timely completion of the high speed magnetic levitation (Maglev)...
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Jun 3, 2003
The United States Patent and Trademark Office (USPTO) has granted Lockheed Martin Corporation a patent for an innovative, three-axis flap control system that promises to revolutionize the steering...
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Jun 3, 2003
Lockheed Martin today released its press-briefing schedule for the 2003 Paris Air Show. Briefings will take place at the Lockheed Martin press center adjacent to the company's business chalet at...
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Jun 2, 2003
The Advanced Extremely High Frequency (AEHF) team of Lockheed Martin Space & Strategic Missiles, Sunnyvale, Calif. and Northrop Grumman Space Technology, Redondo Beach, Calif. has successfully...
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May 30, 2003
Lockheed Martin Corp. learned today that the Department of Justice elected to partially intervene in two qui tam lawsuits filed in the U.S. District Court in Paducah, Ky. These suits relate to...
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May 29, 2003Meets Milestones for High-Performance Configuration
Lockheed Martin's Atlas team has begun preparing the next Atlas V rocket for its scheduled launch of the Rainbow satellite in July. AV-003 is distinguished visually by a 5-meter diameter payload...
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May 28, 2003
Following the theme "The Future is Now," Lockheed Martin today showcased its newest radar capabilities to U.S. Navy officials, legislators and international customers. Lockheed Martin's Moorestown...
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May 27, 2003
Lockheed Martin is introducing a new web site dedicated exclusively to its Littoral Combat Ship team and proposed solution. The site provides an accurate and timely information source for the Navy...
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May 23, 2003
Lt. Gen. Sheikh Mohammed bin Zayed al Nahyan, Chief of Staff of the United Arab Emirates (UAE) Armed Forces, and his delegation visited Lockheed Martin's Fort Worth plant on May 23 to review the...
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May 22, 2003
Lockheed Martin Commercial Space Systems (LMCSS) president Ted G. Gavrilis today announced the following organizational changes and related promotions, effective immediately: Rick Masoni,...
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May 22, 2003
Lockheed Martin has received a finalized contract from the U.S. Air Force valued at approximately $320 million to build 10 F-16s for the Chilean Air Force under the U.S. Foreign Military Sales...
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May 21, 2003
The T-50 Golden Eagle, an advanced supersonic trainer developed by Korea Aerospace Industries (KAI) with the assistance of Lockheed Martin , has completed its 100th test flight. "The T-50...
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May 21, 2003
Building upon its "Best of Breed" teaming philosophy, the Lockheed Martin-led Littoral Combat Ship team is hosting an "Industry Day" to promote its open business model approach to this critical...
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May 20, 2003
General Electric and Lockheed Martin yesterday announced the official opening of GE's new International Technical Center of Excellence (GE ITCEC), marking a major milestone in the offset...
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May 20, 2003Support for Minority & Women-Owned Businesses Earns a Billion Dollar Roundtable Seat
Lockheed Martin Corp. was recently inducted into the Billion Dollar Roundtable (BDR), which honors U.S. corporations that grant more than $1 billion in contracts annually to minority and...
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May 19, 2003
BAE SYSTEMS Platform Solutions has delivered the first Vehicle-Management Computer (VMC) to F-35 Joint Strike Fighter team at Lockheed Martin . Also delivered was the Vehicle Management Computer...
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May 16, 2003
Lockheed Martin and Raytheon Company have formed NetFires LLC, a limited liability company to pursue missile and launcher development and production for the Non Line of Sight - Launch System...
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May 16, 2003System Will Handle Two Million Flights Annually
All flights in the greater Washington, D.C.-area are now being managed by an advanced air traffic control system developed by Lockheed Martin for the Federal Aviation Administration's (FAA) new...
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May 15, 2003Acquisition Will Enhance Position in C4ISR Industry
Lockheed Martin Corporation today announced that it has agreed to acquire ORINCON Corporation International, a privately held defense and information technology company. The transaction, subject...
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May 14, 2003
Spanish shipbuilder IZAR will bring its mission development expertise to the Sea Blade, Littoral Combat Ship solution under development by the Lockheed Martin-led team. LCS is a key element of the...
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May 14, 2003Canadian Firms Awarded First Major Training System Contract to Provide Key Software Tools for World's Most Advanced Air Combat Aircraft
Awards to two Canadian firms for the F-35 Joint Strike Fighter aircraft's Instructional System Development (ISD) tools signal a continued international presence on the Lockheed Martin-led team to...
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May 12, 2003
An innovative network "manager of managers" feature has just been added to a new web portal system installed by Lockheed Martin in the Pentagon for network operators and users. The Pentagon's...
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May 9, 2003
Lockheed Martin officials, along with officers from the United States and Italian Air Forces, participated in a rollout ceremony today at Hill Air Force Base, Utah, for the first of 34 F-16...
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May 8, 2003
The Lockheed Martin LCS Team is adding United States Marine Repair to its group of core teammates supporting the Sea Blade LCS solution. Using an open business model, the Lockheed Martin LCS Team...
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May 8, 2003IDIQ Contract to Train Passenger and Baggage Screeners as Well as Law Enforcement Officers
The Transportation Security Administration has awarded Lockheed Martin the Specialized Security Training contract. This Indefinite Delivery/Indefinite Quantity (IDIQ) contract is a one-year...
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May 7, 2003
Lockheed Martin and Spectrum Astro today announced a partnership agreement to pursue the development of GPS III, the next generation global positioning satellite system. This team is intensely...
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May 7, 2003
Industry analyst firm IDC has listed Lockheed Martin Corporation among the 10 information technology firms who won the largest outsourcing contracts, in both number and dollar value, for the...
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May 5, 2003
The Occupational Safety and Health Administration (OSHA) recently recognized Lockheed Martin Space Operations' Science, Engineering, Analysis and Test (SEAT) Operation with its "Star Among Stars"...
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May 5, 2003
Bolstering an already strong and longstanding partnership with Penn State University, Lockheed Martin officials recently announced a five-year, $1.1 million commitment to help fund research and...
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May 2, 2003
Lockheed Martin will webcast live a presentation by Vance Coffman, Chairman and CEO, Lockheed Martin Corporation, at the Credit Suisse First Boston/Aviation Week Aerospace & Defense Finance...
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May 1, 2003
Crediting reduced costs from suppliers as a catalyst, the U.S. Air Force has exercised a contract option by awarding Lockheed Martin $117.6 million to add one F/A- 22 aircraft and associated...
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May 1, 2003
Lockheed Martin today announced that L-3 Communications has joined its team to develop the U.S. Army's next generation Intelligence, Surveillance and Reconnaissance (ISR) system, known as the...
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May 1, 2003
A new software tool developed by Lockheed Martin for agencies responding to wildfires and other incidents has been declared operational by the National Wildfire Coordinating Group (NWCG). The...
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May 1, 2003Lockheed Martin Employee Receives Volunteer Award By Arts & Business Council of Greater Philadelphia
The Arts & Business Council of Greater Philadelphia will present Lockheed Martin employee Alberta McCulla with its Business On Call Volunteer of the Year award May 2 during the council's annual...
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May 1, 2003
Lockheed Martin Aeronautics Co. recognized its employee volunteer service today at a lunch honoring individuals volunteering 250 hours or more during a calendar year. A total of 121 awards were...
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Apr 30, 2003
Lockheed Martin Commercial Space Systems (LMCSS) has been awarded a contract by JSAT Corporation of Japan to build its latest geostationary telecommunications satellite. The satellite, designated...
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Apr 27, 2003
Lockheed Martin has reached a new labor agreement with District Lodge 776 of the International Association of Machinists and Aerospace Workers (IAM), the largest union at its Fort Worth, Tex.,...
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Apr 25, 2003
Joseph W. Ralston has been elected to the Lockheed Martin Board of Directors. Ralston is a distinguished Air Force veteran and Vice Chairman of the Cohen Group. Stockholders approved the...
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Apr 25, 2003
The King of Prussia Chamber of Commerce recognized the Lockheed Martin Network of Volunteer Associates (NOVA) today for its service and outstanding support to the community. NOVA is the 2003...
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Apr 24, 2003
In a ceremony today attended by Rep. Dutch Ruppersberger (D-MD), Baltimore County officials and senior U.S. Navy leadership, Lockheed Martin received the Naval Sea Systems Command (NAVSEA)...
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Apr 24, 2003
As the U.S. Air Force prepares to launch its third Global Positioning System (GPS) satellite this year, prime contractor Lockheed Martin has set a new record for operational checkout of the...
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Apr 24, 2003
Interactive learning in a fun and structured environment is how to describe Take Your Child to Work Day (TYCTWD) at Lockheed Martin Management & Data Systems (M&DS). The information technology...
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Apr 24, 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 June 30, 2003 to holders of record...
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Apr 23, 2003
Lockheed Martin Aeronautics Co. received a contract from Mitsubishi Heavy Industries (MHI) on March 31 valued at approximately $160 million to manufacture components for eight additional F-2...
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Apr 23, 2003
Lockheed Martin will webcast live its Annual Meeting of Stockholders on Thursday, April 24, 2003 from 10:30 a.m. - 12:00 noon (ET). The live audio webcast and relevant charts will be available on...
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Apr 22, 2003
Lockheed Martin Aeronautics Co. in Palmdale has been recognized by the U.S. Environmental Protection Agency for dramatically reducing the use of hazardous materials in the F-35 Joint Strike...
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Apr 22, 2003* Lockheed Martin Reports First Quarter 2003 Net Sales of $7.1 Billion, An 18% Increase Over First Quarter 2002; Segment Operating Profit Up 23% Versus 2002
Lockheed Martin Corporation today reported first quarter 2003 earnings from continuing operations of $250 million, or $0.55 per diluted share, compared to $224 million, or $0.50 per diluted share...
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Apr 18, 2003
A successful Preliminary Design Review (PDR) has the Lockheed Martin F-35 Joint Strike Fighter team looking ahead to upcoming milestones while closing out a handful of remaining PDR issues. As...
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Apr 18, 2003
The Polish Minister of Economy, Labour and Social Policy and Lockheed Martin Aeronautics Company, a business area of Lockheed Martin Corporation , today signed a Master Offset Agreement valued at...
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Apr 18, 2003
Lockheed Martin will webcast live its first quarter 2003 earnings conference call on Tuesday, April 22, 2003 from 11 a.m. to 12 p.m. (ET). Chris Kubasik, Senior Vice President & Chief Financial...
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Apr 17, 2003
Lockheed Martin Aeronautics Co. said today that it had made an attractive contract offer to the International Association of Machinists (IAM) union, District Lodge 776, located in Fort Worth, Tex....