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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Jul 24, 2018- Net sales of $13.4 billion
Lockheed Martin (NYSE: LMT) today reported second quarter 2018 net sales of $13.4 billion, compared to $12.6 billion in the second quarter of 2017. Net earnings in the second quarter of 2018 was...
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Jul 13, 2018
Lockheed Martin (NYSE: LMT) Skunk Works® and the Defense Advanced Research Projects Agency (DARPA) recently performed a series of flight tests demonstrating how a system of systems (SoS) approach...
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Jul 9, 2018Corporation also releases full details of its 2018 FIA media briefing schedule
Lockheed Martin (NYSE: LMT) will showcase its LM-100J Super Hercules commercial freighter at Farnborough International Airshow (FIA) 2018, held in Farnborough, England, July 16-22. The LM-100J...
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Jun 25, 2018World's first Block 70 aircraft will be built in Greenville, South Carolina
Lockheed Martin (NYSE: LMT) received a $1.2 billion contract from the U.S. government to produce 16 new F-16 Block 70 aircraft for the Royal Bahraini Air Force. The Undefinitized Contract Action...
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Jun 11, 2018
The Qatar Emiri Air Force (QEAF) selected Lockheed Martin's (NYSE: LMT) Sniper® Advanced Targeting Pod (ATP) for its Rafale aircraft, marking continued growth and platform expansion for the...
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May 21, 2018
Today Lockheed Martin (NYSE: LMT) announced Michele Evans has been named Deputy Executive Vice President for its Aeronautics business area, effective June 4. Evans will report to the business...
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May 15, 2018
Archbald, Pa., May 15, 2018 – Lockheed Martin (NYSE: LMT) received a $23.1 million contract award from the U.S. Navy for follow-on production of Enhanced Laser Guided Training Rounds (ELGTRs) to...
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Apr 24, 2018- Net sales of $11.6 billion
Lockheed Martin (NYSE: LMT) today reported first quarter 2018 net sales of $11.6 billion, compared to $11.2 billion in the first quarter of 2017. Net earnings in the first quarter of 2018 were...
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Apr 12, 2018Agreement Ensures C-130 and F-16 Operators Receive Quality Arkwin Repairs
ORLANDO, Fla., April 12, 2018 – Derco, a Lockheed Martin company (NYSE: LMT), has signed a contract with Arkwin Industries, Inc. to be their exclusive repair center for all components Arkwin...
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Mar 27, 2018
Lockheed Martin's (NYSE: LMT) Sikorsky line of business honored its top suppliers at a recent ceremony in West Palm Beach, Florida. Twenty-six suppliers were recognized March 15, including 19 that...
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Mar 1, 2018
Lockheed Martin (NYSE:LMT) announced today that Jeff Babione has been named the vice president and general manager of Advanced Development Programs (ADP) – also known as Skunk Works® – succeeding
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Feb 6, 2018
Lockheed Martin's (NYSE: LMT) Joint Air-to-Surface Standoff Missile (JASSM) – Extended Range (ER) achieved full operational capability on the F-15E Strike Eagle, flown by the U.S. and allied...
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Jan 29, 2018- Net sales of $15.1 billion in the fourth quarter and $51.0 billion in 2017
Lockheed Martin (NYSE: LMT) today reported fourth quarter 2017 net sales of $15.1 billion, compared to $13.8 billion in the fourth quarter of 2016. Net loss from continuing operations in the...
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Jan 24, 2018
Greenville, S.C., Jan. 24, 2017– South Carolina-elected officials and congressional staff visited the Lockheed Martin (NYSE: LMT) facility in Greenville Jan. 22 for an update on the site’s...
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Dec 27, 2017
Lockheed Martin (NYSE: LMT) received a $110 million, five-year Phase 1 contract from the U.S. Air Force Research Laboratory (AFRL) to develop and demonstrate a new low-cost cruise missile called...
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Dec 20, 2017
The U.S. Air Force awarded Lockheed Martin (NYSE: LMT) a contract to provide sustainment and upgrades for its fleet of 683 Sniper ® Advanced Targeting Pods (ATP). Valued at up to $961 million,...
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Dec 15, 2017
Two leaders in supersonic technology, Aerion and Lockheed Martin (NYSE: LMT) announced a Memorandum of Understanding (MOU) today to define a formal and gated process to explore the feasibility of...
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Dec 5, 2017
Lockheed Martin (NYSE: LMT) and the North Atlantic Treaty Organization (NATO) Support and Procurement Agency (NSPA) signed a five-year agreement for the agency to purchase Enhanced Laser Guided...
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Oct 24, 2017- Net sales of $12.2 billion
Lockheed Martin (NYSE: LMT) today reported third quarter 2017 net sales of $12.2 billion, compared to $11.6 billion in the third quarter of 2016. Net earnings from continuing operations in the...
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Sep 19, 2017
Lockheed Martin's (NYSE: LMT) Legion Pod® has been selected as the Infrared Search and Track (IRST) system for the U.S. Air Force's F-15C fleet. Lockheed Martin will produce more than 130...
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Aug 29, 2017
Archbald, Pa., Aug. 29, 2017 – Lockheed Martin (NYSE: LMT) reached a significant program milestone by delivering its 100,000th Paveway II Plus Laser Guided Bomb (LGB) in support of enhancing...
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Aug 28, 2017Avionics life and reliability are extended though the Intermittent Fault Detection & Isolation System (IFDIS™)
MILWAUKEE, August 28, 2017 – Derco, a Lockheed Martin Company (NYSE:LMT), has signed a contract renewal with Universal Synaptics for the Intermittent Fault Detection & Isolation System...
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Aug 3, 2017
Lockheed Martin (NYSE: LMT) received a $26.5 million contract award from the U.S. Navy to produce Enhanced Laser Guided Training Rounds (ELGTR). The contract includes a base year order with...
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Jul 24, 2017
The Lockheed Martin (NYSE: LMT) F-35 Lightning II fighter aircraft fleet recently exceeded 100,000 flight hours while the F-35 Integrated Test Force teams are completing the remaining requirements...
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Jul 18, 2017- Net sales of $12.7 billion
Lockheed Martin (NYSE: LMT) today reported second quarter 2017 net sales of $12.7 billion, compared to $11.6 billion in the second quarter of 2016. Net earnings from continuing operations in the...
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Jul 10, 2017
Lockheed Martin (NYSE: LMT) received a direct commercial sale contract from the Bahrain Defense Force (BDF) to provide Sniper Advanced Targeting Pods (ATP) for its F-16 fleet, becoming the 25th...
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Jun 20, 2017Flexible contract supports foreign military sales customers
Lockheed Martin (NYSE: LMT) received an Indefinite Delivery/Indefinite Quantity (ID/IQ) Foreign Military Sales (FMS) contract from the U.S. Air Force to provide sustainment support for Sniper®...
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Jun 19, 2017Landmark agreement supports F-16 Block 70 'Make in India' offer
Lockheed Martin (NYSE: LMT) and Tata Advanced Systems Limited (TASL) signed a landmark agreement affirming the companies intent to join hands to produce the F-16 Block 70 in India. The F-16 Block...
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Jun 19, 2017Derco’s Component Asset Management (CAM) Program Now Offers Fixed Rate Engine Repair
PARIS, France, June 19, 2017 – Derco, a Lockheed Martin Company (NYSE:LMT), has teamed with StandardAero to bring Pratt & Whitney F100-220/220E engine repair to F-16 operators worldwide. Based...
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Jun 1, 2017
Lockheed Martin (NYSE: LMT) received a $413.8 million contract from the U.S. Air Force for Lot 15 production of the Joint Air-to-Surface Standoff Missile (JASSM)-Extended Range (ER) version. The...
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May 15, 2017
Lockheed Martin (NYSE: LMT) received a delivery order from the U.S. Air Force to provide Sniper® Advanced Targeting Pods (ATP) to the Kuwait Air Force for its F/A-18C/D Hornet aircraft. The order...
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May 8, 2017
Lockheed Martin (NYSE: LMT) will deliver a tailored simulation-based F-16 training environment for the Romanian Air Force (RoAF). The family of systems training system includes a comprehensive...
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May 5, 2017
The first Short Take-Off/Vertical Landing version of the F-35, or F-35B, assembled outside the United States rolled out of the Final Assembly and Check Out (FACO) facility here today. The rollout...
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May 3, 2017
Lockheed Martin's (NYSE:LMT) Aeronautics business recently designated 27 small and large businesses as top-performing suppliers for 2016, representing the top 2 percent of a supply base of 1,400...
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Apr 25, 2017- Net sales of $11.1 billion
Lockheed Martin (NYSE: LMT) today reported first quarter 2017 net sales of $11.1 billion, compared to $10.4 billion in the first quarter of 2016. Net earnings from continuing operations in the...
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Apr 12, 2017New flight hour limit supports F-16 operational life to 2048 and beyond
The U.S. Air Force authorized extending the service life of the Lockheed Martin (NYSE: LMT) F-16's designed service life to 12,000 Equivalent Flight Hours — far beyond the aircraft's original...
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Apr 10, 2017
Lockheed Martin (NYSE: LMT) Skunk Works®, the Air Force Research Laboratory (AFRL), U.S. Air Force Test Pilot School and Calspan Corporation successfully demonstrated manned/unmanned teaming to...
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Mar 8, 2017
Lockheed Martin's (NYSE: LMT) Joint Air-to-Surface Standoff Missile (JASSM) completed two product verification flight tests at White Sands Missile Range, New Mexico. Focused on demonstrating the...
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Mar 2, 2017
Lockheed Martin (NYSE: LMT) has announced that its Dual Mode Plus laser-guided bomb (LGB) will be branded Paragon. The Paragon direct attack munition is an affordable, effective alternative to...
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Feb 16, 2017
ARCHBALD, Pa., Feb. 16, 2016 – Lockheed Martin (NYSE: LMT) was awarded a $1.9 million contract from Megmar Logistics & Consulting Ltd. of Poland for production of Enhanced Laser Guided Training...
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Feb 16, 2017Corporation will deliver 63 Electronic Consolidated Automated Support System stations as part of $166 million contract
The U.S. Navy has approved full rate production for Lockheed Martin's [NYSE:LMT] Electronic Consolidated Automated Support System (eCASS). Lockheed Martin is set to deliver 63 eCASS stations to...
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Jan 24, 2017-- Net sales of $13.8 billion in the fourth quarter and $47.2 billion in 2016
Lockheed Martin (NYSE: LMT) today reported fourth quarter 2016 net sales of $13.8 billion, compared to $11.5 billion in the fourth quarter of 2015. Net earnings from continuing operations in the...
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Dec 7, 2016
The U.S. Air Force has awarded Lockheed Martin (NYSE: LMT) a $67.3 million contract to provide spares for the Royal Saudi Air Force's (RSAF) F-15 sensor suite. Under the contract, Lockheed Martin...
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Nov 28, 2016New business strategy will reduce development costs and drive efficiency
Lockheed Martin (NYSE: LMT) announces a refocusing of their Training and Logistics Systems (TLS) business at today's Interservice/Industry Training, Simulation and Education Conference (I/ITSEC)...
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Nov 21, 2016
Lockheed Martin (NYSE: LMT) was awarded a $1.2 billion contract to upgrade 134 F-16 aircraft for the Republic of Korea Air Force (ROKAF). The upgrades are based on the advanced F-16V...
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Nov 16, 2016Lockheed Martin receives contract to support F-22 fleet
FORT WORTH, Texas, Nov. 16, 2016 – Lockheed Martin Corp. (NYSE: LMT) has received a $536 million contract modification from the U.S. Air Force for sustainment of the F-22 Raptor. The funding is...
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Oct 25, 2016-- Net sales from continuing operations of $11.6 billion
Lockheed Martin (NYSE: LMT) today reported third quarter 2016 net sales from continuing operations of $11.6 billion, compared to $10.1 billion in the third quarter of 2015. Net earnings from...
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Oct 10, 2016
On Oct. 15, the Air Force Academy Falcons will face the University of New Mexico Lobos as part of the inaugural Air Force Classic at the Cotton Bowl Stadium, presented by Lockheed Martin (NYSE:...
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Sep 28, 2016
Lockheed Martin (NYSE: LMT) has received a direct commercial sale contract for the integration of Sniper Advanced Targeting Pods (ATP) onto the Eurofighter Typhoon swing-role fighter. The...
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Sep 27, 2016Family of training systems combines technologies for maximum training value
Lockheed Martin (NYSE: LMT) will deliver a new simulation-based F-16 training environment for the Royal Jordanian Air Force (RJAF) under a contract valued at nearly $40 million. The family of...
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Sep 23, 2016
Senior Japanese and U.S. government officials joined Lockheed Martin (NYSE: LMT) to celebrate the roll out of the first Japan Air Self Defense Force (JASDF) F-35A Lightning II, marking a major...
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Sep 20, 2016
Lockheed Martin's (NYSE: LMT) Legion Pod® completed its first flight test on an F-15C aircraft, successfully demonstrating its ability to provide long-range detection and tracking of airborne...
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Sep 7, 2016Further strengthening of Lockheed Martin's long-term commitment to Poland
Global aerospace and security company Lockheed Martin (NYSE: LMT) has signed a wide ranging Letter of Intent (LoI) with Poland's state owned defence company Polska Grupa Zbrojeniowa (PGZ) which...
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Sep 6, 2016
Lockheed Martin (NYSE: LMT) recently delivered the 2,000th Joint Air-to-Surface Standoff Missile (JASSM®) to the U.S. Air Force. Completed under the 12th production lot, the 2,000th missile is a...
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Aug 8, 2016
Lockheed Martin's (NYSE: LMT) new Dual Mode Plus laser guided bomb (LGB) successfully completed two recent flight tests at the Naval Air Warfare Center Weapons Division in China Lake, California....
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Jul 26, 2016
A U.S. Air National Guard (ANG) unit successfully released eight Lockheed Martin (NYSE: LMT) Enhanced Laser Guided Training Rounds (ELGTR) during recent flight evaluations at the Barry M....
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Jul 19, 2016-- Net sales of $12.9 billion
Lockheed Martin (NYSE: LMT) today reported second quarter 2016 net sales of $12.9 billion, compared to $11.6 billion in the second quarter of 2015. Net earnings in the second quarter of 2016 were...
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Jul 13, 2016
Lockheed Martin (NYSE: LMT) recently completed rapid delivery of 14 Sniper® Advanced Targeting Pods (ATP) to the Royal Netherlands Air Force (RNLAF), outfitting a squadron in support of urgent...
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Jul 12, 2016
Lockheed Martin has received $99 million in delivery orders for Sniper® Advanced Targeting Pods (ATP), spares and upgrades under an Indefinite Delivery/Indefinite Quantity (ID/IQ) foreign...
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Jun 22, 2016
Israeli and U.S. government leaders joined Lockheed Martin (NYSE: LMT) to celebrate the rollout of the first Israeli Air Force F-35A Lightning II, marking a major production milestone for the...
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Jun 16, 2016
L'approbation des permis d'exportation permet le lancement de la production liée au programme turc d'hélicoptères utilitaires STRATFORD, Connecticut, 16 juin 2016 /PRNewswire/ -- Sikorsky, une...
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Apr 26, 2016-- Net sales of $11.7 billion
Lockheed Martin (NYSE: LMT) today reported first quarter 2016 net sales of $11.7 billion, compared to $10.1 billion in the first quarter of 2015. Net earnings in the first quarter of 2016 were...
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Apr 14, 2016
Lockheed Martin (NYSE: LMT) has received a $25.8 million contract from the U.S. Navy to produce Enhanced Laser Guided Training Rounds (ELGTR). Under the contract, Lockheed Martin will deliver...
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Apr 11, 2016
Archbald, Pa., April 11, 2016 – Lockheed Martin (NYSE: LMT) recently delivered the 150,000th Enhanced Laser Guided Training Round (ELGTR), which gives warfighters the only live-fire laser-guided...
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Feb 25, 2016
Lockheed Martin (NYSE: LMT) recently received a $7.9 million Foreign Military Sales contract from the U.S. Air Force to support additional integration of the Joint Air-to-Surface Standoff Missile...
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Feb 25, 2016
Lockheed Martin (NYSE: LMT) has delivered the 200th Electro-Optical Targeting System (EOTS) for the F-35 Lightning II. All 200 systems have been delivered on time or ahead of schedule for aircraft...
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Feb 10, 2016The news release below was first distributed by the Joint Strike Fighter Joint Program Office Feb. 10, 2016
F-35 Lightning II aircraft operating at 12 different locations worldwide surpassed the 50,000 flight hour mark this month. The first flight hour was achieved by an F-35B aircraft, BF-1, June 1,...
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Jan 26, 2016-- Net sales of $12.9 billion in the fourth quarter and $46.1 billion in 2015
Lockheed Martin (NYSE: LMT) today reported fourth quarter 2015 net sales of $12.9 billion, compared to $12.5 billion in the fourth quarter of 2014. Net earnings in the fourth quarter of 2015 were...
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Jan 11, 2016
Lockheed Martin (NYSE: LMT) and Israeli Ministry of Defense officials commemorated the beginning of the first F-35A "Adir" (meaning "mighty one" in Hebrew) manufactured for Israel here Jan. 7. The...
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Dec 16, 2015
Lockheed Martin (NYSE: LMT) has received a $302.2 million contract from the U.S. Air Force for continued production of the Joint Air-to-Surface Standoff Missile (JASSM®) and its Extended Range...
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Nov 11, 2015Award recognizes successful program management on F-16 Auto GCAS program
The Lockheed Martin (NYSE: LMT) F-16 Auto Ground Collision Avoidance System (Auto GCAS) team was presented a 2015 Aviation Week Program Excellence Award for its role in managing part of the F-16...
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Nov 9, 2015
Lockheed Martin (NYSE: LMT) received a $262.8 million contract from the U.S. Air Force for sustainment of the Kingdom of Saudi Arabia's F-15 sensor suite. The sensor suite includes Sniper®...
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Nov 3, 2015Data will help identify a definitive, safe extended flight hour limit for Block 40-52 F-16s
Lockheed Martin (NYSE: LMT) completed more than 27,000 hours of simulated flight time on an F-16C Block 50 aircraft and is now analyzing the data to determine the durability of the aircraft beyond...
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Nov 2, 2015
The F-35A Lightning II completed the first three airborne gunfire bursts from its internal Gun Airborne Unit (GAU)-22/A 25mm Gatling gun system during a California test flight, Oct. 30. This...
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Oct 29, 2015
Lockheed Martin (NYSE: LMT) announced today that Jeff Babione has been named the executive vice president and general manager of the F-35 Program, effective January 1, 2016. Babione succeeds...
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Oct 22, 2015U.S. Air Force Awards Lockheed Martin New Contracts for Sensor-Enhanced Sniper Pods and Upgrade Kits
Lockheed Martin (NYSE: LMT) received $176.1 million in contracts from the U.S. Air Force for Sniper Advanced Targeting Pod-Sensor Enhancement (ATP-SE) production and upgrade kits that will convert...
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Oct 20, 2015First F-16V with advanced AESA radar takes to the skies over Fort Worth
Lockheed Martin (NYSE: LMT) successfully completed the maiden flight of the F-16V, the latest and most advanced F-16 on the market today. The October 16 flight marks the first time an F-16 has...
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Oct 20, 2015- Net sales of $11.5 billion
Lockheed Martin (NYSE: LMT) today reported third quarter 2015 net sales of $11.5 billion, compared to $11.1 billion in the third quarter of 2014. Net earnings in the third quarter of 2015 were...
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Oct 19, 2015Lockheed Martin and Sandia employees honored at annual HENAAC engineering conference
Three employees from Lockheed Martin (NYSE: LMT) and two from Sandia National Laboratories were honored at the annual Hispanic Engineer National Achievement Awards Conference (HENAAC) for their...
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Oct 15, 2015This contract represents the largest JASSM-ER order to date
Lockheed Martin (NYSE: LMT) has received a $305.4 million contract from the U.S. Air Force for continued production of the Joint Air-to-Surface Standoff Missile (JASSM) and its Extended Range (ER)...
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Oct 5, 2015
The Royal Netherlands Air Force selected Lockheed Martin's (NYSE: LMT) Sniper Advanced Targeting Pod (ATP) to equip its F-16 fleet, becoming the 21st international customer to acquire the...
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Sep 22, 2015
Ceremonies were held today at the Lockheed Martin (NYSE: LMT) F-35 production facility celebrating the rollout of the first F-35A Lightning II for the Norwegian Armed Forces. The event marked an...
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Sep 16, 2015
Lockheed Martin (NYSE: LMT) and Turkish company Roketsan signed a contract to cooperatively develop the SOM-J missile for integration into the F-35 internal weapons bay. SOM-J is a new generation...
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Sep 14, 2015Lockheed Martin receives contract to provide Poland with precision-guided standoff cruise missile capability
Lockheed Martin (NYSE: LMT) has received a Foreign Military Sales contract from the U.S. Air Force to provide the Joint Air-to-Surface Standoff Missile (JASSM) to the Polish Air Force for its F-16...
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Sep 2, 2015
The first two Lockheed Martin (NYSE: LMT) F-35A Lightning IIs assigned to the 388th Fighter Wing were officially delivered to the base today. The two F-35A Conventional Takeoff and Landing...
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Aug 13, 2015
Taiwan's Air Force recently selected Lockheed Martin's (NYSE: LMT) Sniper Advanced Targeting Pod (ATP) for its F-16 aircraft, becoming the 20th international customer to choose Sniper ATP to...
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Jul 20, 2015-- Net sales of $11.6 billion
Lockheed Martin (NYSE: LMT) today reported second quarter 2015 net sales of $11.6 billion, compared to $11.3 billion in the second quarter of 2014. Net earnings in the second quarter of 2015 were...
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Jul 14, 2015
Lockheed Martin (NYSE: LMT) received a follow-on foreign military sale contract to produce and upgrade Sniper® Advanced Targeting Pods (ATP) for the Pakistan Air Force's F-16 fleet. The contract...
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Jun 30, 2015
Lockheed Martin's (NYSE: LMT) Legion Pod recently completed its first flight test, successfully tracking multiple airborne targets while flying on an F-16 in Fort Worth, Texas. Legion Pod was...
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Jun 17, 2015
Lockheed Martin (NYSE: LMT) recently received a contract to deliver Sniper Advanced Targeting Pods (ATP) to the Royal Jordanian Air Force (RJAF) in support of urgent operational requirements....
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Jun 8, 2015
Lockheed Martin (NYSE: LMT) received $24.2 million in contracts from the U.S. Navy to produce Enhanced Laser Guided Training Rounds (ELGTR), a cost-effective alternative to using operational...
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May 11, 2015
The Romanian Air Force (RoAF) and Royal Thai Air Force (RTAF) recently selected Lockheed Martin's (NYSE: LMT) Sniper Advanced Targeting Pod (ATP) for their F-16 fleets, becoming the 18th and 19th...
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Apr 30, 2015
Lockheed Martin [NYSE: LMT] marked the 1,000th Sniper Advanced Targeting Pod (ATP) delivery during a ceremony held yesterday at its Missiles and Fire Control facility in Orlando, Florida. The...
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Apr 21, 2015-- Net sales of $10.1 billion
Lockheed Martin Corporation (NYSE: LMT) today reported first quarter 2015 net sales of $10.1 billion, compared to $10.7 billion in the first quarter of 2014. Net earnings in the first quarter of...
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Mar 12, 2015
History was achieved today when the first Italian F-35A Lightning II rolled out of the Cameri Final Assembly and Check Out (FACO) facility, marking the first F-35A assembled internationally and...
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Jan 27, 2015-- Net sales of $12.5 billion for the fourth quarter and $45.6 billion for 2014
Lockheed Martin Corporation (NYSE: LMT) today reported fourth quarter 2014 net sales of $12.5 billion compared to $11.5 billion in the fourth quarter of 2013. Net earnings from continuing...
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Dec 15, 2014
The U.S. Air Force has approved full rate production for Lockheed Martin's (NYSE: LMT) Joint Air-to-Surface Standoff Missile – Extended Range (JASSM-ER). JASSM-ER successfully completed U.S. Air...
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Dec 1, 2014
Lockheed Martin [NYSE: LMT] has appointed Bridget Lauderdale, 48, to senior vice president for Corporate Strategy and Business Development and a corporate officer effective January 1, 2015. In her...
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Nov 18, 2014
The Office of the Secretary of Defense awarded the U.S. Air Force and Lockheed Martin (NYSE: LMT) Sniper® Advanced Targeting Pod (ATP) team the 2014 Performance-Based Logistics (PBL) Award, which...
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Oct 21, 2014-- Net sales decreased 2 percent to $11.1 billion
Lockheed Martin Corporation (NYSE: LMT) today reported third quarter 2014 net sales of $11.1 billion compared to $11.3 billion in the third quarter of 2013. Net earnings from continuing operations...