In December 2005, just 24 months after receiving the low-rate initial production contract, Korea Aerospace Industries (KAI) delivered the first two production T-50 Golden Eagle supersonic trainers...

The Lockheed Martin Advanced Technology Center (ATC) has been awarded a $2 million, 12-month contract by the NASA Goddard Space Flight Center to proceed to the formulation phase for the...

From combat delivery missions in Afghanistan and Iraq, to humanitarian relief flights in the Indian Ocean, to literally flying into hurricanes, 2005 was a milestone year for operations with the...

The first Lockheed Martin F-35 Joint Strike Fighter completed assembly and was ceremoniously turned over to the flight line in Fort Worth, Texas, USA, on schedule Feb. 19. This represents the next...

Lockheed Martin Corporation will webcast a live presentation by Art Johnson, Senior Vice President Corporate Strategic Development, at the Friedman Billings Ramsey 2nd Annual Defense, Government...

The U.S. Air Force has awarded Lockheed Martin a $68 million contract to provide Weapons Systems Trainers (WST) to support the service's C-130J and the U.S. Marine Corps KC-130J aircraft. Under...

With the F-22 Raptor reaching U.S. Air Force Initial Operational Capability last December and the scheduled first flight of the F-35 later this year, the 5th Generation of fighter aircraft is now...

Continued orders and the infusion of advanced technologies in the Lockheed Martin F-16, particularly in the Block 52 and Block 60 variants, keep the F-16 Fighting Falcon the multirole tactical...

The Lockheed Martin F-35 Joint Strike Fighter team has completed assembly of the first F-35 aircraft and moved it out of the factory in preparation for an intensive period of ground testing. First...

Lockheed Martin's Central Florida businesses will support local activities to promote math and science education for students during National Engineers Week, February 19-25. Through fun hands-on...

Lockheed Martin's two North Texas businesses will support local activities to promote math and science education for students during National Engineers Week, February 19-25. Through fun hands-on...

Lockheed Martin received a $5.4 million modification to an existing contract from the U.S. Naval Sea Systems Command (NAVSEA) to continue providing technical and engineering support services for...

Lockheed Martin Corporation will expand its successful mentor-protege program to include two small business teammates joining the company in pursuit of the $45 billion Department of Homeland...

More than two dozen small, advanced technology businesses set up shop at Lockheed Martin's Moorestown business today to share their innovations and capabilities directly with Lockheed Martin...

The EchoStar X telecommunications satellite, designed and built by Lockheed Martin for EchoStar Communications Corporation of Englewood, Colo., was successfully launched today aboard a Sea Launch...

Lockheed Martin , in a media briefing at the Association of the U.S. Army's Winter symposium, revealed an extensive company-funded risk reduction program for the Advanced Precision Kill Weapon...

During its press briefings February 21 and February 22 at the Asian Aerospace exposition in Singapore, Lockheed Martin will highlight the importance of international partnerships in winning and...

Lockheed Martin has signed a three-year Cooperative Research and Development Agreement (CRADA) with the U.S. Air Force's Electronic Systems Center (ESC). The CRADA will enable identification of...

Lockheed Martin today announced the French Post Office, La Poste, has agreed to invest $175 million in its future mail processing information system. Lockheed Martin is partnering with Bull on the...

Lockheed Martin Corporation will webcast a live presentation by Chris Kubasik, Executive Vice President and Chief Financial Officer, at the Lehman Brothers Twenty-Third Annual Industrial Select...

Lockheed Martin has been awarded a $9 million contract to build a technology demonstration vehicle for the second phase of the U.S. Army's Future Tactical Truck System Advanced Concept Technology...

The EchoStar X telecommunications satellite, designed and built by Lockheed Martin for EchoStar Communications Corporation of Englewood, Colo., is ready for launch Feb. 8 aboard a Sea Launch Zenit...

Lockheed Martin today opened the doors to a new customer support office in O'Fallon. The 2,200- square-foot office located near Scott Air Force Base (AFB) reflects Lockheed Martin's expanding...

Senior executives from Lockheed Martin today emphasized the crucial role that 5th Generation fighters and next generation tactical airlifters play in forging an interdependent U.S. military...

United States military forces stationed in Iraq will soon utilize surveillance technology and methods adapted from those used by police departments to track and investigate gang activity. Lockheed...

Lockheed Martin has selected Dr. Donald G. (Don) DeGryse, an executive with 24 years of experience in government and commercial programs, as vice president, Navigation Systems for Space Systems...

Members of the media are invited, and interviews will be made available with teachers and Mars researchers at two completely booked showings of the new IMAX movie "Roving Mars" at The Tech Museum,...

Lockheed Martin Integrated Systems and Solutions (IS&S) has received official Notice-to-Proceed instructions from the Army to begin the development, integration and maintenance of the $152 million...

Lockheed Martin has upgraded the software processing and modeling for the Air Force's Global Positioning System (GPS), enhancing the Air Force's ability to monitor GPS satellites and improve...

The U.S. Air Force has awarded Lockheed Martin a contract for $491 million to build a third spacecraft for the Advanced Extremely High Frequency (Advanced EHF) program constellation. Advanced EHF...

Lockheed Martin has added an innovative capability for the U.S. military's Defense Message System (DMS) that improves functionality, enhances performance and reduces cost. The added capability,...

The U.S. Navy has dedicated a $24 million facility at Naval Air Station Patuxent River, Md., for testing of the Navy and Marine Corps' newest jets: the Lockheed Martin F-35B and F-35C Joint Strike...

Lockheed Martin today announced that its Australian entity, Lockheed Martin Australia (LMA) and Computer Sciences Corporation's Australian operation have agreed to implement the Aegis Open...

Lockheed Martin has been awarded a $2 billion contract to lead the development of an advanced Air Force network that will provide a new level of high-bandwidth, secure, global communications to...

Lockheed Martin Corporation today named Mary Margaret ("Meg") VanDeWeghe as its senior vice president of finance. Reporting directly to Executive Vice President and Chief Financial Officer...

Lockheed Martin will highlight four major programs in support of the Air Force's interdependent joint force initiatives at the 2006 Air Force Association in Orlando, February 2-3 at the Buena...

Lockheed Martin Corporation has completed its acquisition of Aspen Systems Corporation. Lockheed Martin Information Technology, based in Seabrook, Md., will manage the provider of business process...

The Lockheed Martin Corporation Board of Directors today declared a regular quarterly dividend on the Corporation's common stock of 30 cents per share. The dividend is payable March 31, 2006 to...

Lockheed Martin Corporation today reported fourth quarter 2005 net earnings of $568 million ($1.29 per diluted share) compared to $372 million ($0.83 per diluted share) in 2004. Net sales were...

The Kelly Aviation Center, L.P. (KAC), a joint venture of Lockheed Martin , GE -- Aviation , and Rolls-Royce (RR.L) will consolidate one of its major subcontracts under KAC management beginning in...

Lockheed Martin UK Holdings Limited, a subsidiary of Lockheed Martin Corporation , has acquired HMT Vehicles Limited, a United Kingdom-based developer of designs for military vehicles. HMT...

Lockheed Martin today announced its sponsorship of "Roving Mars," a Walt Disney Pictures film that will begin showing exclusively in IMAX theaters around the country Jan. 27, 2006. The World...

A Radioisotope Thermoelectric Generator (RTG), built by Lockheed Martin at its Space Systems Company facility in Valley Forge, then fueled by the U.S. Department of Energy (DOE), is providing...

Follow-On Test and Evaluation (FOT&E) for the Lockheed Martin F-22 Raptor was officially completed with the U.S. Air Force announcement late last week rating the world's only 5th Generation...

Lockheed Martin Corporation will webcast live its 2005 fourth quarter earnings and year-end results conference call on Thursday, January 26, 2006 at 3 p.m. EST. Bob Stevens, Chairman, President...

The Space-Based Infrared System (SBIRS) team led by Lockheed Martin has successfully completed engineering thermal vacuum testing of the payload for the first geosynchronous orbit (GEO) satellite....

The Israeli Ministry of Defense has awarded Lockheed Martin an $18 million Foreign Military Funds (FMF) commercial contract to provide a Flight and Systems Trainer (FST) for Israeli F-16I pilot...

The U.S. Navy awarded Lockheed Martin $144.3 million for continued development of the Advanced Deployable System (ADS), a rapidly deployable undersea surveillance system. The work will be...

Lockheed Martin announced today that it has been selected by the U.S. Navy to be the lead systems engineer for the Distributed Information Operations (DIO) project, which addresses the Navy's need...

The U.S. Navy has awarded Lockheed Martin $57.3 million under an existing contract for Aegis Combat System engineering, installation and integration on new U.S. Navy destroyers, as well as...

A capsule containing comet particles and interstellar dust samples collected in space by NASA's Stardust spacecraft -- designed and built by Lockheed Martin -- landed gently under parachute early...

Lockheed Martin has received a $16.4 million U.S. Navy award to add enhanced capabilities to the airborne mine countermeasures (AMCM) Common Console, currently in development for the MH-60S...

A capsule containing comet particles and interstellar dust samples collected in space by NASA's Stardust spacecraft -- designed and built by Lockheed Martin -- is heading to Earth for a parachute...

Lockheed Martin today opened its new Post Production Center of Excellence for the U.S. Navy's Fleet Ballistic Missile (FBM) program at Cape Canaveral Air Force Station. The center consolidates the...

The U.S. Navy has awarded Lockheed Martin a $10.6 million contract modification to integrate a sensor array capable of three-dimensional (3D) obstacle detection and classification, VHF...

Lockheed Martin achieved key milestones on several critical missile defense programs during 2005, and was the only company to lead the development of new technology for boost-, mid-course- and...

Lockheed Martin received a contract from Navantia to work with Navantia and other Spanish industrial leaders to develop the advanced combat system for the Spanish Armada's new S-80A diesel submarines.

Korea Aerospace Industries (KAI) made company history recently with delivery of its first two production T-50 advanced jet trainer aircraft to the Republic of Korea Air Force (ROKAF). Designated...

Lockheed Martin will hold two Industry Days to meet with potential suppliers for the Department of Homeland Security EAGLE (Enterprise Acquisition Gateway Leading Edge) Solutions procurement. The...

The U.S. government awarded a $99.7 million contract to Lockheed Martin on December 27 for long-lead tasks related to the production of 30 new Advanced Block 52+ aircraft for Greece. The...

Lockheed Martin today announced completion of the software development phase for a critical Federal Aviation Administration (FAA) program to modernize the U.S. air traffic control system. The En...

Lockheed Martin announced today that its Information Technology unit's Application Development and Maintenance organization has achieved the Software Engineering Institute's (SEI(SM)) Capability...

Tomorrow Lockheed Martin will deliver two C-130J Super Hercules airlifters, bringing the total 2005 deliveries to 15 aircraft. All but one of the 15 aircraft delivered are part of the multi-year...

With the installation of horizontal tails on the first F-35, the Lockheed Martin Joint Strike Fighter (JSF) team has completed assembly of the aircraft's major structural components. The next...

The Defense Logistics Agency (DLA) has selected Lockheed Martin to provide spare parts and industrial hardware support to the U.S. Air Force air logistics centers under the Integrated Prime Vendor...

A joint U.S. Air Force/Lockheed Martin team announced today that the first modernized Global Positioning System (GPS) satellite has been declared fully operational for GPS users around the globe...

Lockheed Martin Corporation has announced it intends to mentor three small businesses as protege firms in connection with its pursuit of the $20 billion U.S. Army's IT Enterprise Solutions-2...

Lockheed Martin Corporation today announced it has entered into a definitive agreement to acquire Aspen Systems Corporation. Aspen Systems, based in Rockville, Md., is an employee-owned...

Lockheed Martin's F-22A Raptor, the world's only 5th generation fighter aircraft, surpassed a monumental milestone today when the United States Air Force declared that the Raptor has reached...

Lockheed Martin's F-22A Raptor, the world's only 5th generation fighter aircraft, surpassed a monumental milestone today when the United States Air Force declared that the Raptor has reached...

Lockheed Martin was recently awarded its second S-3 Prime Vendor Support (PVS) program contract by the U.S. Navy. The contract is valued at $21.7 million with a ceiling of $28.5 million which...

The governments of Greece and the United States have signed a Letter of Offer and Acceptance (LOA) for the sale of 30 additional Lockheed Martin Advanced F-16 Block 52+ aircraft to Greece, with an...

Lockheed Martin will build a prototype High Altitude Airship (HAA(TM)) under a $149.2 million contract awarded by the Missile Defense Agency (MDA). This contract marks the beginning of the...

The U.S. Transportation Security Administration (TSA) has awarded a Lockheed Martin-led team a contract to begin field testing advanced certified explosives detection systems (EDS) in two major...

Today 100 Lockheed Martin employees each walked new, brightly colored bicycles through their company's main office building and across the adjoining aircraft factory, as they prepared to deliver...

The national rollout of the En Route Communications Gateway, designed by Lockheed Martin , was recently completed on schedule when the Federal Aviation Administration declared operational use of...

VT Halter Marine has awarded Lockheed Martin a $14.3 million contract for the initial phase of the command, control, communication, computers, intelligence, surveillance and reconnaissance (C4ISR)...

Lockheed Martin Corporation will webcast live a presentation by Michael F. Camardo, Executive Vice President, Information & Technology Services at the Credit Suisse First Boston Aerospace &...

James M. Schneider has been elected to the Lockheed Martin Board of Directors, effective Dec. 2, 2005. Schneider is senior vice president and chief financial officer of Dell Inc. Schneider, 53,...

Lockheed Martin received the 2005 Florida Governor's Award for Modeling and Simulation during a ceremony at the Interservice/Industry Training, Simulation and Education Conference in Orlando....

Lockheed Martin Corporation will webcast live a presentation by Leo S. Mackay, Jr., Vice President & General Manager, Coast Guard and Homeland Security Systems; Bruce Tanner, Vice President...

Lockheed Martin has received a 2005 Excellence Award from the Systems and Software Consortium, Inc. (SSCI), in recognition of the development and market launch of its I-GUIDES(TM) software in...

The Lockheed Martin -led team developing the nation's next-generation missile warning system announced today that it has completed preparations to enable the payload for the first Space-Based...

Lockheed Martin will open a new outer wing production line at its Marietta, Ga. facility supporting service life extension of the P-3 and CP-140 aircraft around the world. "Interest in extending...

Lockheed Martin successfully conducted a developmental flight test of the Terminal High Altitude Area Defense (THAAD) missile today at White Sands Missile Range (WSMR), NM. This was the first...

The long-range capabilities of the Lockheed Martin C-130J Super Hercules were showcased again this week when a U.S. Air Force Reserve Command crew flew nearly 8,000 miles with payload to...

The T-50 Golden Eagle advanced jet trainer made its international aerial debut showcasing its supersonic capabilities and technological advances today at the Dubai International Air Show. Korea...

Lockheed Martin is featuring the most advanced F-16 fighters this week at the Dubai International Air Show -- the Block 60 F-16 E/F and the Block 50/52 F-16 C/D. The new Block 60 aircraft made its...

The T-50 Golden Eagle advanced jet trainer made its international aerial debut showcasing its supersonic capabilities and technological advances today at the Dubai International Air Show. Korea...

The Marine Corps Systems Command has awarded Lockheed Martin a $14.9 million contract to provide post-production support for its AN/TPS-59(V)3 mobile long range air defense radars. These radars...

With more than 75 percent of the nation's first Littoral Combat Ship (LCS) under construction, the Lockheed Martin team completed another key milestone - installing the ship's two main propulsion...

The U.S. Navy has announced that the first Surveillance Towed Array Sensor System (SURTASS) Twin-line 29A (TL-29A), developed and manufactured by Lockheed Martin , is certified for deployment. The...

Lockheed Martin announced today that it has completed its second successful mission for the U.S. Missile Defense Agency's (MDA's) Targets and Countermeasures Program, for which the company is...

The Aegis Ballistic Missile Defense (BMD) Weapon System with its Standard Missile (SM)-3 successfully intercepted a separating ballistic missile target outside the earth's atmosphere during its...

Lockheed Martin today released its schedule of press briefings for the Dubai Air Show. All briefings will be in Conference Room B of the air show press center unless otherwise designated....

Lockheed Martin Corporation is enhancing its unique Center for Innovation by adding net- enabled air combat simulation capability to its powerful network-centric laboratory. Two simulators,...

Lockheed Martin has completed a successful experiment at the Center for Innovation that demonstrated the power of networked warfighting in driving critical, time- sensitive intelligence data to...

Lockheed Martin has been awarded a $2.9 billion fixed-price contract by the U.S. Air Force for continued production of F/A-22 aircraft through November 2007. "As the Air Force has announced, we...

The second U.S. Air Force Milstar communications satellite, built by a team led by Lockheed Martin , has surpassed its 10-year design life of on-orbit service and will continue to provide secure,...

Lockheed Martin Chief Information Officer Joseph Cleveland yesterday was selected Information Technology "Leader in Manufacturing" at the inaugural CNBC Technology Leadership Awards gala held in...