In announcing fourth quarter 2000 earnings, the Corporation cited additional events, program awards and Mission Success achievements during the quarter with positive implications for Lockheed...

* Generates Record Free Cash Flow of $1.8 Billion for Full Year; Free Cash Flow for 2001 Expected to be at Least $800 Million; Free Cash Flow Estimate of at Least $1.8 Billion For the Two Years...

Lockheed Martin Aeronautics Company and Korea Aerospace Industries (KAI) announced the beginning of final assembly for the first T-50 prototype aircraft. A formal ceremony celebrating this...

The following was released today by Lockheed Martin Aeronautics Company: F-16 serial number 75-0750 has completed a distinguished career as an advanced technology test aircraft for more than 22...

The United States Navy got its first hands-on evaluation of the Lockheed Martin Joint Strike Fighter (JSF) X-35C carrier variant (CV) on Dec. 22, as Navy pilot Lt. Cmdr. Brian Goszkowicz logged...

The U.S. Air Force has placed an order with Lockheed Martin Aeronautics Company for four additional F-16 aircraft that were funded in the Fiscal Year 2001 Defense Appropriations Act. The contract...

After an intense four-year competition, the Government of Chile announced today its decision to purchase 10 to 12 new production Lockheed Martin F-16 Fighting Falcon aircraft. Chile will become...

Lockheed Martin Aeronautics Company has signed a contract with the U.S. Air Force to supply additional C-130J training systems at Little Rock AFB, Ark. and for training site activation at Keesler...

Lockheed Martin Aeronautics Company successfully demonstrated use of an advanced resin transfer molding (RTM) process to fabricate a unitized component for an advanced fighter aircraft. The...

Lockheed Martin Aeronautics Company has delivered the last of eight C-130Js that were scheduled for delivery to the Maryland Air National Guard's 135th Airlift Group. The 135th, which is part of...

In a signing ceremony today at Air Material Command Headquarters, Vaerlose Air Base, the Royal Danish Air Force ordered three Lockheed Martin C-130J-30 Hercules tactical transport aircraft. The...

During a recent conference of almost 200 of its major suppliers, Lockheed Martin Aeronautics Company recognized three companies for their outstanding small business programs -- Harris Corp.,...

An F-16 equipped with a revolutionary flight-control and power system broke the sound barrier on its third flight, successfully demonstrating that the all-new system, destined for the Lockheed...

Ross W. Reynolds has been named vice president of Lockheed Martin Aeronautics Company's C-130J program. In this new position, he will be responsible for the continued development, production and...

Lockheed Martin Aeronautics Company has appointed June R. Shrewsbury as director of the new C-130 Sustainment and Modifications organization. This organization will have responsibility for all...

Lockheed Martin Aeronautics Company held its annual Supplier Conference 2000 on Nov. 13 and 14 with 190 major suppliers to address lean supply chain principles and practices. The theme of this...

November 16, 2000 - 12:40 p.m. Wyndham Franklin Plaza Hotel, Philadelphia, PA (Luncheon 11:30 a.m. - 1:30 p.m.) WHAT: The chairman and CEO of Lockheed Martin (LMCO), Dr. Vance Coffman will...

Lockheed Martin Aeronautics Company and Korea Aerospace Industry (KAI) signed a joint marketing agreement on the T-50 advanced jet trainer on Nov. 10. The agreement defines roles and...

The U.S. Air Force F-16 fleet achieved an excellent safety record during fiscal year 2000, which ended Sept. 30. The USAF F-16 fleet experienced only 2.63 major mishaps per 100,000 flight hours....

The Lockheed Martin Joint Strike Fighter (JSF) team has successfully demonstrated revolutionary all- weather precision targeting and combat identification techniques for both fixed and mobile targets.

Lockheed Martin Aeronautics Company is assembling the first of the longer C-130J Hercules tactical airlifters being acquired by the U.S. Air Force. The USAF's newest transport aircraft has now...

Lockheed Martin Aeronautics Company has selected Hamilton Sundstrand, San Diego, Calif., as the Auxiliary Power Unit (APU) supplier for the U.S. Air Force's C-5 Galaxy Reliability Enhancement and...

LOCKHEED MARTIN CORPORATION Consolidated Results Preliminary and Unaudited (In millions, except for per share data and percentages) Quarter Ended Year To Date September 30, September 30, % % 2000...

In announcing third quarter 2000 earnings, Vance Coffman cited additional events, program awards and Mission Success achievements during the quarter with positive implications for Lockheed...

Reaffirms 2000 and 2001 Earnings Per Share Outlook at About $1.05 and $1.25, Respectively; Longer-Term Projected Annual Earnings Growth of 15 -25 Percent Reaffirms Free Cash Flow Estimate of at...

An F-16 equipped with a revolutionary "power by wire" flight-control subsystems package made its first flight on Oct. 24. The flight demonstrates a new generation of technologies destined to...

Today the Lockheed Martin Joint Strike Fighter (JSF) X-35A took off at 9:06 a.m. Pacific Daylight Time on its historic and successful first flight, marking its entry into the flight-test program...

Lockheed Martin Aeronautics Company will begin providing electronic technical data to the air forces of all 19 countries using the F-16. This year-long pilot program is expected to provide highly...

An F-16 fully covered with a new-generation "paintless" film has made a series of successful test flights - - including one at almost twice the speed of sound -- validating the use of appliques...

The Lockheed Martin Joint Strike Fighter (JSF) team recently completed radar cross-section (RCS) tests of a full-scale highly detailed JSF model, validating its stealthy shape, the resilience of...

The U.S. Air Force recently released a software upgrade that significantly increases the combat capability of its F-16 Block 50 aircraft by including the latest U.S. "smart weapons." Three new...

Drawing on its extensive experience in aeronautics, space, electronics, systems engineering and integration, Lockheed Martin Corporation today announced a broad new business initiative to address...

A new advance in simulation architecture is promising lower training expenses for the Lockheed Martin Joint Strike Fighter (JSF) program. Dutch industrial and scientific research groups, working...

Lockheed Martin Aeronautics has initiated full production use of a new standard for technical data exchange with its suppliers. The standard will provide significant improvements in accuracy, cost...

An American-Dutch industrial partnership today successfully demonstrated a new technology that will enable Lockheed Martin Joint Strike Fighter (JSF) pilots to conduct complex training simulations...

Lockheed Martin Aeronautics Company has selected the General Electric CF6-80C2 powerplant for the Air Force Reliability Enhancement and Re-engining Program (RERP) for the C-5 Galaxy. Procurement...

Lockheed Martin Aeronautics Company has begun inspecting composite F-22 parts using its patented laser ultrasonic technology system, known as LaserUT(TM). This technology enables affordable,...

The U.S. Department of State has notified Congress that Singapore intends to purchase 20 new production F-16C/D aircraft manufactured by Lockheed Martin Aeronautics Company. Deliveries of the new...

LOCKHEED MARTIN CORPORATION Consolidated Results Preliminary and Unaudited (In millions, except for per share data and percentages) QUARTER ENDED JUNE 30, YEAR TO DATE JUNE 30, 2000 1999 % Change...

Generates $1.0 Billion of Free Cash Flow in the Quarter; Raises Free Cash Flow Guidance by $400 Million in 2000 Records $16.7 Billion in New Orders to Achieve Record Backlog of $57.1 Billion...

On July 13, Lockheed Martin Aeronautics Company received a contract from the U.S. Air Force for Combined Life-Time Support (CLTS) for several major F-16 upgrade systems. The four- month initial...

The government of Thailand has signed a Letter of Agreement (LOA) for 16 F-16A/B Block 15 aircraft in the Air Defense Fighter configuration. The aircraft are inventory United States Air Force...

Several thousand employees of Lockheed Martin Aeronautics Company celebrated their receipt of the coveted Shingo Prize for Excellence in Manufacturing in events today at the company's Fort Worth...