Releases
Releases
In this section of the Lockheed Martin Newsroom, you'll find our news releases. The releases are listed in chronological order and are archived by year.
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Apr 23, 2024
Net sales of $17.2 billion Net earnings of $1.5 billion, or $6.39 per share Cash from operations of $1.6 billion and free cash flow of $1.3 billion $1.8 billion of cash returned to shareholders...
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Oct 17, 2023
Net sales of $16.9 billion, an increase of 2% year-over-year Net earnings of $1.7 billion, or $6.73 per share Cash from operations of $2.9 billion and free cash flow of $2.5 billion $2.5 billion...
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Feb 23, 2023
Lockheed Martin announced today that Senior Vice President (SVP) of Government Affairs Christian Marrone has decided to resign, effective Feb. 28, for personal reasons. Greg Walters, vice...
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Jan 18, 2023
The sixth Global Positioning System III (GPS III) satellite designed and built by Lockheed Martin (NYSE: LMT) has been launched and is propelling to its operational orbit approximately 12,550...
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Jun 17, 2021Fifth satellite brings enhanced, secure military signal capability full circle
The fifth Global Positioning System III (GPS III) satellite designed and built by Lockheed Martin (NYSE: LMT) is now headed to its orbit 12,550 miles above earth. This marks another step in...
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May 18, 2021SBIRS' New LM 2100 Combat Bus™ Drives Resiliency, Efficiency and Record Production Speed
Following a successful launch from Cape Canaveral Space Force Station in Florida earlier today, the U.S. Space Force's Space Delta 4 operations team is now "talking" with the fifth Space Based...
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Dec 2, 2020SBIRS GEO-5 is First Military Satellite Using New LM 2100™ Bus to Drive Resiliency, Efficiency and Record Production Speed
SUNNYVALE, Calif., Dec. 2, 2020 – Lockheed Martin (NYSE: LMT) today announced the U.S. Space Force has determined the fifth Space Based Infrared System Geosynchronous Earth Orbit satellite...
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Nov 5, 2020GPS III SV04 will be the 23rd M-Code enabled satellite in the GPS Constellation
The fourth Lockheed Martin (NYSE: LMT)-built Global Positioning System III (GPS III) satellite is now headed to orbit under its own propulsion. Following a successful launch earlier this evening,...
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Jun 30, 2020GPS III SV03 increases number of secure Military Code (M-Code) enabled satellites in GPS Constellation to 22 total
After a successful launch this afternoon, the third Lockheed Martin (NYSE: LMT)-built GPS III satellite is now headed to orbit under its own propulsion. The satellite has separated from its rocket...
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Jun 22, 2020New Satellite Bus Drives Production Speed, Resiliency, Commonality and Affordability
SUNNYVALE, Calif., June 22, 2020 – The world’s most advanced missile defense satellite recently and successfully came out of almost two months of harsh simulated space environmental testing....
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Mar 27, 2020U.S. Space Force, Lockheed Martin upgrade Operations Control Segment (OCS) and refresh GPS constellation with new satellites
COLORADO SPRINGS, Co., Mar. 27, 2020 – The final steps to fully-enable the ultra-secure, jam-resistant Military Code (M-Code) signal on the Global Positioning System (GPS) are now underway. As...
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Feb 10, 2020GPS III brings higher-power, more accurate and harder-to-jam signals to the GPS constellation
The nation's third next-generation GPS III satellite – and the first delivered by Lockheed Martin (NYSE:LMT) to the new U.S. Space Force -- has arrived in Florida for an expected April launch....
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Jan 28, 2020- Net sales of $15.9 billion in the fourth quarter and $59.8 billion in 2019
Lockheed Martin Corporation (NYSE: LMT) today reported fourth quarter 2019 net sales of $15.9 billion, compared to $14.4 billion in the fourth quarter of 2018. Net earnings in the fourth quarter...
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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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Aug 22, 2019First GPS III Satellite Successfully Completes On-Orbit Testing
The U.S. Air Force's second next-generation GPS III satellite, built by Lockheed Martin (NYSE: LMT), is responding to commands, under control and now using its own internal propulsion system to...
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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 8, 2019More powerful, accurate, resilient GPS III satellite will help modernize today's GPS constellation
The GPS satellite constellation is about to get its next heathy dose of new technology and more advanced capabilities. The second next-generation, Lockheed Martin (NYSE:LMT)-built GPS III...
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Jun 11, 2019Second GPS III Satellite Readies for Launch; Third Satellite Declared "Available for Launch"
The next step in modernizing the Global Positioning System (GPS) satellite constellation with new technology and capabilities is happening from the ground up! On May 22, Lockheed Martin (NYSE:...
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Apr 23, 2019- Net sales of $14.3 billion
Lockheed Martin Corporation (NYSE: LMT) today reported first quarter 2019 net sales of $14.3 billion, compared to $11.6 billion in the first quarter of 2018. Net earnings in the first quarter of...
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Mar 26, 2019Satellite Will Bring New Technology and Capabilities To Modernize the GPS Constellation
CAPE CANAVERAL, Florida, March 26, 2019 – The U.S. Air Force’s second new GPS III satellite, bringing higher-power, more accurate and harder-to-jam signals to the GPS constellation, has...
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Jan 9, 2019GPS Control Segment Sustainment II (GCS II) contract continues the modernization of the GPS Operational Control Segment (OCS)
COLORADO SPRINGS, Colo., January 4, 2019 – The U.S. Air Force awarded Lockheed Martin (NYSE: LMT) the GPS Control Segment Sustainment II (GCS II) contract to continue to sustain and further...
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Dec 23, 2018Launch of the first GPS III satellite begins the modernization of the GPS constellation
At approximately 12,550 miles (20,200 km) up... turn left. You have arrived at a new era for the Global Positioning System (GPS). A major milestone in the U.S. Air Force's plan to bring new...
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Dec 11, 2018Advanced new satellite design to help the U.S. Air Force modernize the GPS constellation
The U.S. Air Force's first Lockheed Martin (NYSE: LMT)-built GPS III satellite is now encapsulated for its planned December 18 launch from Cape Canaveral Air Force Station, Florida, on a SpaceX...
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Nov 14, 2018
COLORADO SPRINGS, Colorado, Nov. 14, 2018 – Colorado students will soon have a chance to visit Mars thanks to Lockheed Martin (NYSE: LMT). The company announced a $150,000 grant which will...
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Sep 6, 2018GPS Ill MCEU Contract Passes Critical Design Phase
DENVER, Sept. 6, 2018 – Once the next-generation GPS III satellites begin launching later this year, a series of updates to the current ground control system from Lockheed Martin (NYSE: LMT)...