Releases
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Jan 11, 2002
Lockheed Martin Management & Data Systems (M&DS) today announced the launch of the state's first registered Information Technology (IT) apprenticeship program, in cooperation with the Commonwealth...
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Jan 2, 2002
Lockheed Martin Naval Electronics & Surveillance Systems (NE&SS) today announced that its Moorestown, NJ-based Surface Systems unit earned the Software Engineering Institute's (SEI) Level 5...
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Dec 20, 2001
The C-27J Spartan, built jointly by Alenia and Lockheed Martin Aeronautics Company, was awarded Military Type Certification today by Italy's Ministry of Defense military certification authority,...
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Dec 20, 2001
Lockheed Martin Aeronautics Company today wrapped up the C-130J transport program for 2001 with the delivery of the 15th and final aircraft of the year. The aircraft, a standard-length C-130J, was...
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Dec 20, 2001The Advanced Camera System Improves Sorting Capabilities for Lettermail And Processing of Two-Dimensional Electronic Postage
The United States Postal Service today awarded Lockheed Martin a contract valued at approximately $93 million to replace existing optical imaging cameras on equipment used to sort mail. The new...
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Dec 20, 2001
Lockheed Martin Aeronautics received a contract for 52 F-16 aircraft for Israel on Dec. 19, 2001, significantly extending the firm F-16 production base. The Foreign Military Sales (FMS) contract...
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Dec 19, 2001Now Qualified for All Atlas V Missions
Lockheed Martin announced today that it has completed the test program of the RD-180 engine for the company's new Atlas V rockets. Completion of these tests firmly establishes that the RD-180's...
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Dec 18, 2001
The Lockheed Martin American Spirit Fund will distribute $2 million in donations to six organizations providing aid in the September 11 relief efforts. Of the $2 million total, $1.1 million...
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Dec 18, 2001
The Lockheed Martin C-130J has again proved its outstanding tactical capabilities during trials in conjunction with the Royal Air Force. A joint RAF/Lockheed Martin team recently completed a...
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Dec 17, 2001
NASA's George C. Marshall Space Flight Center (MSFC) has recognized Lockheed Martin Space Operations' Integrated Technology Solutions organization with its MSFC Contractor Excellence Award for...
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Dec 14, 2001Partners Bring Strong Skills, Expertise in Defense Transport, e-Business, Data Management
Lockheed Martin today announced its team of experienced defense transport and e-business providers to compete for a $337 million, 16-year program to develop and maintain Global Transportation...
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Dec 12, 2001
An advanced system developed by Lockheed Martin to detect aircraft-to-aircraft conflicts up to 20 minutes in advance was put into operational use two weeks ahead of schedule at the FAA's Kansas...
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Dec 7, 2001
Lockheed Martin Corporation , announced today the closing of its agreement to acquire all outstanding stock of OAO Corporation. With the finalizing of this transaction, OAO will be integrated with...
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Dec 7, 2001* Reinforces Focus on Core Businesses and Customers * Announces a Nonrecurring and Unusual Charge of $1.7 Billion * Reaffirms 2001 and 2002 Recurring Earnings & Cash Flow Outlook
Lockheed Martin Corporation today announced plans to exit its Global Telecommunications services business. As a result, the Corporation will reassign certain of the former Lockheed Martin Global...
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Dec 6, 2001
Lockheed Martin Aeronautics Company was awarded a $1.1 billion contract on December 5 by the US Air Force to begin the System Development and Demonstration (SDD) phase of the Air Force's C-5...
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Dec 6, 2001
The team of General Dynamics and Lockheed Martin announced today that it strongly supports the U.S. Navy's plan for the next generation of surface combatant ships referred to as DD(X). The Blue...
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Dec 3, 2001
Lockheed Martin Air Traffic Management completed its 138th consecutive on- or ahead-of-schedule installation of the world's most advanced terminal air traffic control system with activation of its...
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Dec 3, 2001
Lockheed Martin has delivered the seventh and final KC-130J for 2001 to the U. S. Marine Corps. The aircraft are stationed at MCAS Cherry Point, N.C., and NAS Patuxent River, Md. "Not only does...
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Dec 2, 2001
Lockheed Martin formally delivered the first C-130J-30 for the U.S. Air Force during ceremonies today in Rhode Island. The 143rd Airlift Wing, the Air National Guard Unit based at Quonset State...
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Nov 30, 2001
Lockheed Martin Information Support Services has been awarded the Federal Deposit Insurance Corporation's (FDIC) $45 million Client IT Support Services contract. The five-year contract calls for...
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Nov 26, 2001
Lockheed Martin will webcast live a presentation by Chris Kubasik, the corporation's Chief Financial Officer, to the Lehman Brothers Industrial Select conference on November 29. The webcast will...
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Nov 26, 2001
Lockheed Martin and Borders Books and Music Team Up With WXPN to Collect Coats For SELF, Inc., a Homeless Services Provider For the past two years, residents of the City of Philadelphia's homeless...
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Nov 20, 2001
The United Kingdom's National Air Traffic Services (NATS) today declared its new radar data processing and display system, developed by Lockheed Martin, operational in Prestwick, Scotland, at all...
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Nov 19, 2001
The automotive chassis for the SIKA International's TRACER (Tactical Reconnaissance Armored Combat Vehicle Requirement)/FSCS (Future Scout and Cavalry System) Technology Demonstrator was rolled...
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Nov 7, 2001
Lockheed Martin Space Systems Company has announced plans to further streamline operations and reduce indirect business costs to increase its competitive posture. This is part of a continuing...
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Nov 6, 2001
Lockheed Martin's C-130 modification and upgrade business continues to grow, as the Swedish Air Force recently signed a contract to convert one of its C-130E Hercules transports to an aerial...
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Nov 6, 2001
For the fourth time in five years, customers and stakeholders have ranked the Lockheed Martin Air Traffic Management's global air traffic control solutions as best in the world by selecting the...
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Nov 1, 2001
On Friday, October 26, Lockheed Martin received a $18.9 billion contract for the Joint Strike Fighter to move the program into the next phase, System Development and Demonstration (SDD). "We've...
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Oct 31, 2001
The first T-50 Golden Eagle aircraft, an advanced, supersonic trainer being developed by Korea Aerospace Industries (KAI) with the assistance of Lockheed Martin, was rolled out in a ceremony in...
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Oct 31, 2001
Lockheed Martin's Consolidated Space Operations Contract (CSOC) is saving money for the National Aeronautics and Space Administration (NASA) by purchasing commercially provided ground network...
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Oct 31, 2001Agustawestland, Lockheed Martin Announce Alliance to Produce Medium-Lift Helicopters for U.S. MarketUS101 Helicopter Will Be Made in the USA
Officials from Lockheed Martin and AgustaWestland, a Finmeccanica and GKN company, announced today they are initiating a joint effort focusing on the U.S. government medium-lift helicopter market...
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Oct 29, 2001Training, Weapons Systems and Support Areas Are Worth More Than $1 Billion to Orlando Facilities
Lockheed Martin's Central Florida businesses expect to gain new work worth more than $1 billion as a result of the Lockheed Martin-led team's win of the Joint Strike Fighter (JSF) aircraft...
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Oct 26, 2001
OAO Corporation and Lockheed Martin Technology Services announced today the signing of a definitive agreement under which Lockheed Martin Technology Services will acquire the outstanding stock of...
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Oct 26, 2001
The Pentagon today announced that an international team led by Lockheed Martin has won the competition to build the Joint Strike Fighter (JSF), a stealthy, supersonic, multirole fighter designed...
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Oct 26, 2001
At 4:30 p.m. EDT (3:30 p.m. CDT; 2:30 p.m. MDT; 1:30 p.m. PDT; and 9:30 p.m. GMT) on Friday, Oct. 26, the U.S. Government will announce the winner of the Joint Strike Fighter (JSF) competition,...
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Oct 26, 2001* Raises 2001 and 2002 Recurring Earnings Per Share Outlook
* Increases 2001 Free Cash Flow Guidance to at Least $2 Billion * Improves Net Debt to Capitalization Ratio to 43 Percent BETHESDA, Md., Oct. 26 /PRNewswire/ -- Lockheed Martin Corporation today...
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Oct 25, 2001
Lockheed Martin's board of directors today declared a regular quarterly dividend on the Corporation's common stock of 11 cents per share. The dividend is payable December 31, 2001, to holders of...
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Oct 25, 2001
Lockheed Martin will webcast live its third quarter 2001 earnings conference call on Friday, October 26, 2001 from 11 a.m. EDT to 12 p.m. EDT. The webcast can be viewed on the Lockheed Martin website,
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Oct 23, 2001
Lockheed Martin's SkyLine air traffic management system is now operational in Korea, controlling traffic 24/7 in one of the world's fastest growing airspaces. Teamed with Samsung Data Systems of...
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Oct 22, 2001
Lockheed Martin's SkyLine air traffic management system is now operational in Korea, controlling traffic 24/7 in one of the world's fastest growing airspaces. Teamed with Samsung Data Systems of...
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Oct 19, 2001
The Patriot Advanced Capability-3 (PAC-3) Missile program completed Developmental Testing today by intercepting and destroying an advanced cruise missile target at White Sands Missile Range, N.M....
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Oct 9, 2001
Lockheed Martin Space Operations announced that its Consolidated Space Operations Contract (CSOC) has successfully assumed responsibility for the Kennedy Data Network (KDN) at Kennedy Space Center...
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Oct 3, 2001
Lockheed Martin Space Systems - Astronautics Operations, headquartered near Denver, Colo., has been selected by the National Aeronautics and Space Administration (NASA) and the Jet Propulsion...
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Oct 3, 2001
In the news release, "Lockheed Martin Awarded $47 Million Small Diameter Bomb Contract From The Air Force," issued earlier today by Lockheed Martin Missiles and Fire Control over PR Newswire, we...
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Oct 3, 2001
Lockheed Martin Missiles and Fire Control was awarded a $47 million contract by the Aeronautical Systems Center at Eglin Air Force Base, Fla. for the System Design and Development Phase of the...
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Sep 28, 2001Lockheed Martin / Northrop Grumman Ship Systems Partnership Leads International Team
The Integrated Coast Guard Systems (ICGS) joint venture team has delivered a proposal to accomplish a far-reaching modernization of the U.S. Coast Guard's Deepwater forces -- those ships,...
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Sep 25, 2001
U.S. Coast Guard veteran Roger T. Rufe Jr. has been appointed to the Board of Directors of the Integrated Coast Guard Systems joint venture team of Lockheed Martin and Northrop Grumman Ship...
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Sep 25, 2001
Lockheed Martin has begun the delivery of C-130J aircraft with a new software configuration that brings the aircraft's avionics system to full functionality. Known as Block 5.3, the new software...
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Sep 20, 2001
The F-22 Team, led by Lockheed Martin Corporation , has received an $862 million contract to finish building the first lot of 10 F-22 Raptor fighter jets, all of which will be delivered to the...
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Sep 19, 2001
Lockheed Martin Corporation announced the creation of the Lockheed Martin American Spirit Fund with an initial corporate donation of $1 million. Employee donations will be over and above that...
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Sep 19, 2001
Lockheed Martin's Consolidated Space Operations Contract has completed the design and installation of a new Customer Support Room (CSR) in the Mission Control Center (MCC) at NASA's Johnson Space...
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Sep 13, 2001Theater Aerospace Command and Control Facility (TACCSF) Operates as Network Hub
Lockheed Martin Information Systems has been awarded the U.S. Air Force's Theater Aerospace Command and Control Facility operations and maintenance contract worth approximately $25 million over...
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Sep 10, 2001
Lockheed Martin will webcast live Chairman and CEO Vance D. Coffman's presentation to the Morgan Stanley Aerospace and Defense and Multi-Industry Conference on September 13. The webcast will begin...
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Sep 10, 2001
In conjunction with the successful completion of the Joint Strike Fighter X-35's flight-test program, Lockheed Martin invites you to view a video that opens up the high-tech world of 21st Century...
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Sep 7, 2001
Every time Merrill Reese calls a touchdown on 94WYSP this year, the children in the Philadelphia School district will benefit. Lockheed Martin has partnered with Eagles Radio 94WYSP in a program...
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Sep 7, 2001
A new personnel data management program developed by Lockheed Martin Corporation has passed the U.S. Navy's demanding operational test and evaluation process, meeting or exceeding all test...
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Sep 6, 2001
Lockheed Martin Space Operations (LMSO) President Jay Honeycutt has announced three new executive appointments. Ken Reightler has been named LMSO senior vice president; Richard (Rick) Hieb...
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Sep 6, 2001
Lockheed Martin Aeronautics Company recently completed the first phase of flight testing of its new conformal fuel tanks (CFTs) for its F-16 multirole fighter. Flight testing with aerodynamic...
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Sep 6, 2001
Lockheed Martin Space Operations (LMSO) President Jay Honeycutt has announced three new executive appointments. Ken Reightler has been named LMSO senior vice president; Richard (Rick) Hieb...
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Sep 5, 2001
Israel signed an amendment to a letter of offer and acceptance (LOA) with the U.S. government for 52 more Lockheed Martin F-16I fighters on September 4. This agreement follows the announcement at...
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Sep 5, 2001
Lockheed Martin has delivered the first three fully configured KC-130J tanker aircraft to the United States Marine Corps. These aircraft, the first of seven to be delivered this year, will be...
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Aug 28, 2001
Lockheed Martin has begun a joint test program with the U.S. Air Force and the U.S. Army to validate the C-130J-30 for paratroop airdrop operations. The tests are being conducted by the Airborne...
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Aug 24, 2001
Lockheed Martin Corporation has completed the sale of the IMS Corporation to Affiliated Computer Services Inc. for $825 million in cash. This transaction completes the divestiture of those...
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Aug 22, 2001
The Egyptian Air Force (EAF) celebrated arrival of its first four F-16s of its sixth F-16 program during ceremonies at Gianaklis Air Base on August 19. "We are glad to participate in this...
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Aug 20, 2001Follow-On Orders for Sniper XR Could Total Billions
The U.S. Air Force today announced Lockheed Martin's Sniper XR (eXtended Range) system as the winner of its Advanced Targeting Pod (ATP) competition. This 7-year contract with potential value in...
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Aug 20, 2001
Lockheed Martin Missiles and Fire Control has received a $165 million sole-source letter contract, with $82.4 million of the contract initially funded, for production of the Army TACMS Block II...
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Aug 16, 2001
Celebrating its 10th year in delivering electronic toll collection (ETC) solutions that have revolutionized the nation's highways, Lockheed Martin IMS today congratulated the Delaware River & Bay...
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Aug 15, 2001
Dain M. Hancock, president of Lockheed Martin Aeronautics Company, made the following statement today after receiving word that the Defense Acquisition Board has approved the F-22 program to begin...
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Aug 13, 2001
Lockheed Martin Air Traffic Management (LMATM) today announced the opening of a representative office in Moscow to address a broad spectrum of civil aviation infrastructure needs in Russia and...
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Aug 8, 2001
U.S. Senator Jon Corzine of New Jersey today marked the opening of the Theater Network Integration Center (TNIC) at Lockheed Martin Naval Electronics & Surveillance Systems (NE&SS)-Surface...
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Aug 7, 2001
The Army Tactical Missile System (Army TACMS) Block II Missile, developed by Lockheed Martin , successfully dispensed 13 tactical Brilliant Anti-Armor (BAT) submunitions during Developmental...
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Aug 6, 2001
Lockheed Martin Naval Electronic & Surveillance Systems (NE&SS)-Surface Systems and ADSIL-LC announced an agreement today that gives Lockheed Martin the exclusive right to market, distribute and...
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Aug 6, 2001
Lockheed Martin Missiles and Fire Control delivered the 500th Army Tactical Missile System (Army TACMS) Block IA Missile to the U.S. Army on July 26th. All 500 missiles were delivered ahead of...
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Aug 2, 2001
Lockheed Martin's board of directors today declared a regular quarterly dividend on the Corporation's common stock of 11 cents per share. The dividend is payable September 28, 2001, to holders of...
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Aug 1, 2001
The Lockheed Martin Joint Strike Fighter X-35B completed one of history's most successful flight test programs on July 30 after achieving what no aircraft has ever done: a short takeoff, a level...
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Jul 30, 2001
Officials at Lockheed Martin Space Operations announced that its Consolidated Space Operations Contract (CSOC) is scheduled to open the first in a series of CSOC-sponsored storefronts at Prairie...
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Jul 27, 2001
Lockheed Martin successfully completed U.S. Air Force airdrop testing last week with a fleet of three extended fuselage length, or "stretched," C-130J-30s at the Air Force Flight Test Center at...
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Jul 26, 2001* Raises 2001 and 2002 Recurring Earnings Per Share Outlook
* Increases 2001 Free Cash Flow Guidance to at Least $1 Billion * Improves Net Debt to Capitalization Ratio to 50.5 Percent BETHESDA, Md., July 26 /PRNewswire/ -- Lockheed Martin Corporation today...
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Jul 24, 2001
Lockheed Martin Aeronautics has shipped the first eight modification kits for the U.S. Air Force's Common Configuration Implementation Program (CCIP). CCIP is the most extensive retrofit of the...
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Jul 23, 2001
Lockheed Martin will webcast live its second quarter 2001 earnings conference call on Thursday, July 26, 2001 from 1 p.m. EDT to 2 p.m. EDT. The webcast can be viewed on the Lockheed Martin...
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Jul 23, 2001RAF Pilot Completes Short Takeoff and Vertical Landing, Goes Supersonic In Lockheed Martin JSF X-35B
In a history- making first for a Royal Air Force pilot, Squadron Leader Justin Paines performed a short takeoff, a supersonic dash, a hover and a vertical landing in two flights of the Lockheed...
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Jul 18, 2001* Transaction Expected to Close in the Third Quarter of 2001
Lockheed Martin Corporation and Affiliated Computer Services Inc. announced today that they have reached a definitive agreement under which ACS will acquire IMS Corporation, a wholly-owned...
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Jul 17, 2001
Col. Brian Duffy of Lockheed Martin's Consolidated Space Operations Contract (CSOC) was recently presented with NASA's Distinguished Service Medal by NASA Administrator Dan Goldin in Washington, D.C.
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Jul 16, 2001
The supersonic Lockheed Martin Joint Strike Fighter X-35B made a successful short takeoff, transitioned back from wingborne to jetborne flight and made a picture-perfect vertical landing at...
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Jul 10, 2001
The Lockheed Martin Joint Strike Fighter X-35B engaged its short-takeoff/vertical landing (STOVL) system and made a supersonic dash in the same flight on Monday, July 9, near Edwards Air Force...
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Jul 9, 2001
Lockheed Martin's Patriot Advanced Capability-3 (PAC-3) Missile program achieved major system success today at White Sands Missile Range, N.M. by meeting two key flight test milestones. The first...
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Jul 2, 2001
Squadron Leader Justin Paines has become the first Royal Air Force pilot to evaluate the vertical takeoff, hover and vertical landing performance of the supersonic Lockheed Martin Joint Strike...
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Jun 29, 2001
The U.S. Marine Corps today got its first pilot evaluation of the Lockheed Martin Joint Strike Fighter's vertical takeoff, hover and vertical landing performance. Maj. Art "Turbo" Tomassetti...
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Jun 29, 2001
Lockheed Martin Corporation today announced that its wholly-owned subsidiary, COMSAT Corporation, has called for the redemption of $200,000,000 in principal amount of the 8-1/8% Cumulative Monthly...
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Jun 29, 2001
Today, Lockheed Martin Missiles and Fire Control - Dallas successfully conducted the final developmental flight test of the Multiple Launch Rocket System (MLRS) upgraded M270A1 launcher at White...
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Jun 29, 2001
The U.S. Army and Lockheed Martin Missiles and Fire Control successfully tested the new Guided version of the Multiple Launch Rocket System (MLRS) rocket at White Sands Missile Range, N.M....
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Jun 28, 2001
Lockheed Martin Aeronautics Company yesterday began full scale fatigue testing (FSFT) of a U.S. Navy S-3 Viking anti-submarine warfare (ASW) aircraft at its facility here. "This marks an important...
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Jun 27, 2001
Lockheed Martin Training and IntraLearn Software Corporation announced today a teaming agreement to provide a complete e-Learning solutions for companies, organizations and higher education...
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Jun 25, 2001
Lockheed Martin Services, Inc., (LMSI) received notification of a five-year contract extension to provide Information Resource Management (IRM) services to the Hanford site under subcontract to...
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Jun 24, 2001
The supersonic Lockheed Martin Joint Strike Fighter X-35B launched vertically, held its position and landed vertically today. The event was a first for a JSF demonstrator and a critical validation...
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Jun 23, 2001
The Lockheed Martin Joint Strike Fighter X-35B took off and landed vertically today, marking the first time in aviation history that a shaft-driven lift fan propulsion system has lifted an...
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Jun 21, 2001
Lockheed Martin today delivered the 25th C-130J airlifter to the United Kingdom's Royal Air Force. This completes deliveries under the current production contract. The first aircraft was delivered...
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Jun 21, 2001
Lockheed Martin today delivered the 25th C-130J airlifter to the United Kingdom's Royal Air Force. This completes deliveries under the current production contract. The first aircraft was delivered...
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Jun 20, 2001'Power By Wire' Flight Controls Will Reduce Life Cycle Costs and Improve Performance, Safety and Survivability
A team led by Lockheed Martin Aeronautics company has received Flight International magazine's 2000 Aerospace Industry Award for Engineering, Maintenance and Modification. The award was presented...
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Jun 19, 2001
Lockheed Martin Management & Data Systems took another step forward with its ongoing business strategy to bring intellectual property to the commercial marketplace with the release of ACE V1.0, an...