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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Sep 2, 2003
The Lead-In Fighter Trainer (LIFT) version of the T-50 Golden Eagle supersonic fast jet trainer made its initial flight on Aug. 29. The aircraft was flown by the Republic of Korea Air Force...
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Aug 25, 2003- The Last Prerequisite for Production Decision
The Republic of Korea Air Force (ROKAF) has successfully completed the Initial Operational Assessment (IOA) of the T-50 supersonic advanced jet trainer well ahead of schedule. The first of 26 test...
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Aug 22, 2003
On Aug. 20, the T-50 Golden Eagle advanced supersonic trainer successfully completed 20 months of static structural testing right on schedule. The tests were performed by Korea Aerospace...
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Aug 18, 2003
Lockheed Martin celebrated the first production delivery of its F-16 Fighting Falcon on this date 25 years ago. The F-16 has been one of the most successful military aircraft programs in history...
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Jul 29, 2003- The Remaining Prerequisite for Production Decision
The Republic of Korea Air Force (ROKAF) began Initial Operational Assessment (IOA) of the T-50, with the first flights on July 28. The T-50 is being developed by Korea Aerospace Industries (KAI),...
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Jul 24, 2003* SALES INCREASED 23% TO $7.7 BILLION
Lockheed Martin Corporation today reported second quarter 2003 net sales of $7.7 billion, a 23% increase over the second quarter 2002 sales of $6.3 billion. Earnings from continuing operations for...
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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 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 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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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 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
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 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 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 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, 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 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 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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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 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 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 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 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 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 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 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 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 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 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 13, 2003
Lockheed Martin Aeronautics Co., a business unit of Lockheed Martin Corporation [NYSE: LMT], is disappointed that the International Association of Machinists, District Lodge 776, rejected the...
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Apr 7, 2003
The U.S. Air Force has awarded Lockheed Martin a $20.3 million contract for the first production phase of the C-5 Avionics Modernization Program (AMP). The contract is for the procurement of eight...
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Apr 3, 2003
The Aeronautica Militare Italiana (AMI, Italian Air Force), joined by Lockheed Martin , today commemorated the acceptance of its National Training Center (NTC) at Pisa Air Base, Italy. Lockheed...
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Apr 3, 2003
The U.S. Air Force F-16 Combined Test Force at the Air Force Flight Test Center at Edwards Air Force Base, Calif., recently began flight testing the high-resolution ground- mapping capability of...
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Mar 19, 2003
The first production F-16 conformal fuel tanks (CFTs) recently were flown for the first time on newly produced Lockheed Martin F-16s. CFTs are two large external, pod-like fuel reservoirs attached...
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Mar 14, 2003Will Result in More than $500 Million in Cost Savings
Lockheed Martin today received a contract, ultimately valued at $4B, for the multiyear acquisition of 60 C-130J aircraft for the U.S. Air Force and Marine Corps. The value covers a six year...
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Mar 12, 2003
Lockheed Martin Aeronautics Co.'s F-117 Nighthawk Stealth Fighter Program has been honored with the 2003 Shingo Prize for Excellence in Manufacturing. Lockheed Martin Aeronautics Co. is a business...