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 23, 2002
Engineers have finalized the external design of the F-35 Joint Strike Fighter, with the resulting configuration nearly indistinguishable from the X-35 JSF demonstrator that underwent...
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Jul 23, 2002
Lockheed Martin Aeronautics Company, a business area of Lockheed Martin Corporation , today highlighted its focus on a "system of systems" architecture development approach to determine how to...
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Jul 22, 2002
The F-22 Raptor, now in production and continuing flight testing in California, continues to meet or exceed all technical performance parameters, Lockheed Martin Aeronautics Company president Dain...
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Jul 22, 2002
Lockheed Martin Aeronautics Company has added 2,000 employees to its workforce since last October and will continue steady growth until at least 2005, on the basis of current contracts. Future...
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Jul 18, 2002
* Raises Outlook for Earnings Per Share From Continuing Operations To $2.50 - $2.55 in 2002 and $2.75 - $2.85 in 2003 * Increases Sales Guidance; Expects Range of $25.4 - $26.0 Billion In 2002 and...
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Jul 15, 2002
Lockheed Martin today released its press-briefing schedule for the Farnborough Air Show. All briefings will take place at the company's Partnership Pavilion, directly across from the company's...
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Jul 12, 2002
Lockheed Martin Aeronautics Co., a business area of Lockheed Martin Corp. , was recently awarded a $27 million contract to upgrade U.S. Customs Service (USCS) P-3B Airborne Early Warning (AEW)...
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Jul 11, 2002
Turkey today (July 11) became the seventh international partner to sign up for the F-35 Joint Strike Fighter program, joining the United Kingdom, Italy, the Netherlands, Canada, Denmark and...
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Jul 2, 2002
Lockheed Martin Aeronautics Co., a business area of Lockheed Martin Corp. , announced today (July 2) that the Government of Italy has accepted the first two of 10 "stretched" C-130Js on order for...
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Jun 27, 2002
The Italian government today (June 27) signed a contract with Alenia Aeronautica for the purchase of the first five of 12 C-27J Spartan airlifters. Lockheed Martin Aeronautics and Alenia...
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Jun 27, 2002
The U.S. Air Force recently began using a software update developed by Lockheed Martin Aeronautics Co. that will add a new "smart" weapons capability to its 400-aircraft fleet of Block 40/42 F-16C/Ds.
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Jun 26, 2002
Lockheed Martin Aeronautics Co., a business area of Lockheed Martin Corp. , has developed a new horizontal stabilator design for the F-22 Raptor that will save the program $1 million per aircraft...
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Jun 25, 2002
The U.S. Air Force has begun flight-testing a new version of the radar for the Lockheed Martin F-16C/D aircraft that will significantly improve the aircraft's performance in air-to-air and...
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Jun 24, 2002
The Joint Strike Fighter program extended its international reach today (June 24) when Italian officials signed a Memorandum of Understanding to participate in the development of the stealthy,...
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Jun 20, 2002
The F-35 Joint Strike Fighter program added a new international partner today when Norway officially joined the JSF's System Development and Demonstration (SDD) phase. Becoming a part of the SDD...
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Jun 19, 2002
Lockheed Martin Aeronautics Co., a business area of Lockheed Martin Corp. , reached a major milestone last week as the first C-5B aircraft was inducted into the C-5 Avionics Modernization Program...
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Jun 18, 2002
The Lockheed Martin -led F-22 industry team has awarded its prestigious "Raptor of Distinction" subcontractor award to EDO Corp. , Marine & Aircraft Systems Division of North Amityville, New York,...
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Jun 14, 2002
Calling the F-35 Joint Strike Fighter program a "very striking example of a private and public partnership in the Netherlands" and "a model for the future," Netherlands Deputy Minister of Defense...
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Jun 13, 2002
The Lockheed Martin -led F-22 Raptor air dominance fighter team successfully completed a key phase of logistics testing and evaluation (LT&E) here this week -- several days ahead of schedule. This...
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Jun 5, 2002
The Netherlands today signed a Memorandum of Understanding to join in the development of the Joint Strike Fighter. The signing makes the Netherlands the fourth international contributor to the...
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Jun 3, 2002
Lockheed Martin Aeronautics Company, a business area of Lockheed Martin Corporation , yesterday delivered the first of two new CC-130J aircraft to the 146th Wing of the California Air National...
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Jun 3, 2002
The Lockheed Martin -led F-22 air dominance fighter industry team has delivered Raptor 4008 -- the program's dedicated low-observable, or stealth, reliability and maintainability flight-test and...
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May 30, 2002
The Lockheed Martin-led F-22 Raptor team surpassed another significant milestone in May with the successful completion of "first service-life" fatigue testing using a production quality,...
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May 28, 2002
Denmark today officially became the third international participant in the Joint Strike Fighter program, joining the United Kingdom and Canada in the stealthy aircraft's decade-long development phase.
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May 28, 2002
Lockheed Martin Aeronautics Company, a business area of Lockheed Martin Corporation , recently released the first complete and integrated Block 1.1 Operational Flight Program (OFP) Engineering...
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May 15, 2002
Lockheed Martin Aeronautics Company, a business area of Lockheed Martin Corporation , has proposed a fully modernized, new production aircraft for Phase I of the U.S. Navy's Multi-mission Maritime...
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May 15, 2002
The Lockheed Martin Aeronautics Co. led F-22 industry team has successfully completed all planned static testing of the F-22, demonstrating that the structural integrity of the airframe can...
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May 9, 2002
Lockheed Martin Aeronautics Co., a business area of Lockheed Martin Corp. , recently delivered the first in a new lot of modernized F-16s for the U.S. Air Force. The new aircraft will be used in...
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May 7, 2002
The Lockheed Martin -led F-22 Raptor industry team marked a milestone last week, as the newest version of the program's advanced integrated avionics software package -- Block 3.1 -- was...
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May 7, 2002
Three pilots from the U.S. Army Parachute Team, the Golden Knights, recently participated in a flight evaluation of the C-27J Spartan at Alenia Aeronautica's flight-test facilities in Caselle,...
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Apr 23, 2002
* Reports a 26% Increase in First Quarter 2002 Net Sales Compared To First Quarter 2001 * Reaffirms $2.45 - $2.50 Earnings Per Share From Continuing Operations Outlook for 2002, With Sales Growth...
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Apr 22, 2002
Michael Fortson, a Lockheed Martin Aeronautics Co. engineer, was honored recently with the Distinguished Engineer of the Year Award at the 2002 National Society of Black Engineers Golden Torch...
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Apr 19, 2002
The world's most advanced single-engine fighter will rely on a quartet of small businesses to play key roles in the aircraft's development. The companies are among many small firms expected to...
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Apr 19, 2002
The T-50 Golden Eagle program completed the readiness review for its first flight. This is a critical program milestone leading to first flight in June. An Executive Independent Review Team has...
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Apr 15, 2002
The Lockheed Martin Aeronautics Company, a business area of Lockheed Martin Corporation -led F-22 Raptor industry team today delivered to the U.S. Air Force Raptor 4009, the last flight test...
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Apr 15, 2002
Lockheed Martin Aeronautics Company, a business area of Lockheed Martin Corporation , today delivered the first U-2S reconnaissance aircraft equipped with state-of-the-art cockpit displays and...
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Apr 4, 2002
On Mar. 29, Lockheed Martin Aeronautics Co., a business area of Lockheed Martin Corporation , received a contract valued at approximately $200 million from Mitsubishi Heavy Industries (MHI) to...
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Mar 28, 2002
Lockheed Martin Aeronautics Company, a business area of Lockheed Martin Corporation , announced today that Mike Cosentino has been named director of Joint Strike Fighter International Programs. In...
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Mar 27, 2002International Team Includes IZAR of Spain and Lockheed Martin and General Dynamics Bath Iron Works of USA
The Advanced Frigate Consortium (AFCON) announced today its intention to design, develop and market a new class of corvette-size ships to meet the emerging needs of international navies. The AFCON...
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Mar 21, 2002
The Patriot Advanced Capability-3 (PAC-3) Missile successfully intercepted and destroyed an incoming tactical ballistic missile (TBM) target at White Sands Missile Range, N.M., on Thursday. This...
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Mar 10, 2002
Lockheed Martin Aeronautics Company, a business area of Lockheed Martin Corporation , is disappointed in the decision of employees represented by Local 709, International Association of Machinists...
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Mar 8, 2002
Lockheed Martin Aeronautics Company, a business area of Lockheed Martin Corporation , announced today that the five C-130J-30 transport aircraft appropriated in the 2002 U.S. defense budget have...
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Mar 4, 2002
Lockheed Martin and venture partner, Alenia Aeronautica, were advised Friday that the Hellenic government has selected the C-27J Spartan for its new Greek Medium Range Transport Aircraft (MRTA)...
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Mar 1, 2002
Lockheed Martin Aeronautics Co., a business area of Lockheed Martin Corp. -led F-22 Raptor industry team has received a $215.3 million contract from the U.S. Air Force to purchase long-lead items...
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Mar 1, 2002
Lockheed Martin Aeronautics Co., a business area of Lockheed Martin Corp. , was awarded an approximately $69M post-production support contract effective March 1 to support the worldwide F-16...
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Feb 28, 2002
Tom Burbage, general manager of the Lockheed Martin F-35 Joint Strike Fighter program and executive vice president of Lockheed Martin Aeronautics Company, a business area of Lockheed Martin...
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Feb 28, 2002
The unique propulsion system that enables one of the Lockheed Martin Aeronautics Company, a business area of Lockheed Martin Corporation , Joint Strike Fighter variants to hover, travel at...
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Feb 12, 2002
The Lockheed Martin -led F-22 Raptor industry team has delivered the latest integrated avionics software package -- Block 3.1 -- to the program's Combined Test Facility at Edwards Air Force Base,...
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Feb 12, 2002
The Lockheed Martin -led F-22 Raptor industry team has received a $2.681 billion contract from the U.S. Air Force to build 13 additional air dominance fighter jets and to execute other activities...
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Feb 8, 2002
The Lockheed Martin -led F-22 Raptor industry team today both formally donated, and officially dedicated, a 1/10th scale model of the air dominance fighter jet to the City of Montgomery for...
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Feb 7, 2002
The Lockheed Martin Joint Strike Fighter team today enthusiastically welcomed the announcement of Canada's participation in the JSF program. Canada joins JSF in the System Development and...
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Feb 2, 2002
Officials of the government of Chile signed a letter of offer and acceptance (LOA) yesterday for 10 F-16C/D aircraft, according to Lockheed Martin Aeronautics Company, a business area of Lockheed...
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Jan 29, 2002
Close cooperation between Lockheed Martin Aeronautics Company and the U.S. Air Force enabled the Ogden Air Logistics Center (ALC) to complete modification of the first U.S. Air Force aircraft in...
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Jan 25, 2002
Reported 2001 Earnings Per Share From Continuing Operations of $0.18 Including $1.42 of Nonrecurring and Unusual Losses Generates Record Free Cash Flow of $2.0 Billion and Reduces Debt By $2.4...
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Jan 24, 2002- Program on Track for First Flight Later This Year
The team of Korea Aerospace Industries (KAI) and Lockheed Martin Aeronautics Company began static loads testing on the T-50 Golden Eagle advanced jet trainer on schedule on Jan. 2, an essential...
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Jan 23, 2002
Lockheed Martin Aeronautics Company was awarded a contract on Jan. 18 for delivery of F-16 modification kits that will significantly upgrade the capability of F-16s used by air forces in several...
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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, 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 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 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 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 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 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 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
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 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 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 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 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 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 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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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 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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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 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
The Government of Israel has reached an understanding with Lockheed Martin Aeronautics Company to purchase more than 50 additional F-16 aircraft. The aircraft are being purchased in a follow-on...
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Jun 6, 2001
Lockheed Martin has ferried the first three US Air Force C-130J-30s to the Air Force Flight Test Center at Edwards AFB, Calif., to begin airdrop testing. The testing will demonstrate and certify...
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Jun 4, 2001
Lockheed Martin today released its press-briefing schedule for the Paris Air Show. All briefings will take place at the company's business chalet press center located in Row A, Chalet 400, unless...
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May 15, 2001
Business representatives from Canada, Denmark, Italy, The Netherlands, Norway and Turkey visited Fort Worth today to prospect for potential roles in the Lockheed Martin Joint Strike Fighter...
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Apr 24, 2001* Generates $1.4 Billion of Free Cash Flow
* Reaffirms 2001 Free Cash Flow Guidance of at Least $800 Million; Free Cash Flow Estimate of at Least $1.8 Billion for the Two Years 2001 And 2002 Combined * Reaffirms 25 - 30 Percent Increase in...
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Apr 3, 2001
Mitsubishi Heavy Industries (MHI), the prime contractor for Japan's new F-2 support fighter, has awarded a fifth annual contract to Lockheed Martin Aeronautics Co. for tasks in the manufacture of...
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Mar 27, 2001
The Lockheed Martin C-130J airlifter is now being equipped 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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Mar 15, 2001
The following was released today by Lockheed Martin Aeronautics Company: On March 15, Italy signed an agreement for the lease of 34 F-16s from the U.S. Air Force inventory and a Letter of Offer...
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Mar 5, 2001
The U.S. Navy on Monday awarded Lockheed Martin Aeronautics Company the S-3B Viking Prime Vendor Support (PVS) contract valued at $43 million. The five-year contract includes in-service...
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Feb 14, 2001
The Lockheed Martin Joint Strike Fighter (JSF) team has selected its preferred windtunnel test facilities for the program's Engineering and Manufacturing Development (EMD) phase. The chosen...
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Feb 7, 2001
Lockheed Martin has submitted to the U.S. government its Joint Strike Fighter (JSF) team proposal for the decade-long JSF Engineering and Manufacturing Development (EMD) contract. Company...
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Feb 5, 2001
Lockheed Martin program managers and business development executives representing a broad range of aeronautics and systems integration programs will be available to the news media during the 5th...
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Feb 5, 2001
Lockheed Martin has completed assembly of the first C-130J-30 for the U.S. Air Force (USAF). The aircraft was rolled out of the company's main production building on Jan. 25. This aircraft is the...
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Feb 1, 2001
The Joint Strike Fighter (JSF) X-35C carrier variant (CV) began a series of supersonic envelope-expansion flights on Jan. 31, becoming the second Lockheed Martin JSF demonstrator to exceed the...
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Jan 29, 2001
The U.S. Air Force recently issued an expanded operational release for the Lockheed Martin C-130J that dramatically increased the airlifter's approved capabilities. Under this release, which was...
