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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May 12, 2005
The Transportation Security Administration (TSA) has certified an explosives detection system (EDS) upgrade kit developed by Lockheed Martin as prime contractor and Analogic Corporation . The...
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May 12, 2005
U.S. Air Force Aeronautical Systems Center Commander Lt. Gen. William R. Looney praised Lockheed Martin's Sniper(R) Advanced Targeting Pod, recognizing the system's recent successful deployment in...
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May 11, 2005
The U.S. Navy this week begins Operational Evaluation of the MH-60R Weapons System, the next generation submarine hunter and surface attack helicopter that will replace the fleet's legacy SH-60B...
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May 10, 2005
The T-50 Full Scale Development (FSD) team celebrated completion of the 1,000th flight of their new advanced jet trainer today at Korea Aerospace Industries' facilities at Sacheon, South Korea....
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May 10, 2005
A Lockheed Martin-led team has submitted a comprehensive proposal to the National Oceanic and Atmospheric Administration (NOAA) for the next generation Geostationary Operational Environmental...
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May 10, 2005
On behalf of Team Apache Systems LLC, Lockheed Martin ceremonially delivered its first Modernized Target Acquisition and Designation Sight/Pilot Night Vision Sensor (M-TADS/PNVS), also known as...
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May 9, 2005
The NOAA-N spacecraft, a Polar Operational Environmental Satellite (POES), is being prepared for launch from Vandenberg Air Force Base, Calif. on May 11, 2005. Lockheed Martin Space Systems...
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May 9, 2005
Lockheed Martin recently completed a series of successful tests verifying the maturity of the multi-purpose warhead for the Joint Common Missile (JCM). "The warhead tests, which began with...
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May 5, 2005
Lockheed Martin today delivered a third C-130J Super Hercules to Little Rock Air Force Base, Ark. At the controls was Gen. John W. Handy, commander, U.S. Transportation Command, and commander, Air...
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May 5, 2005
Lockheed Martin is taking the Dallas-Fort Worth metroplex out of this world! Space enthusiasts of all ages will celebrate science on May 5 and May 6 in recognition of Space Day. Hands-on...
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May 5, 2005
Lockheed Martin said today it had been selected by General Atomics as weapon system integrator for the High Energy Liquid Laser Area Defense System (HELLADS). General Atomics' Photonics Division...
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May 5, 2005
Lockheed Martin successfully tested Dual Mode Guided Bombs (DMGB) at the U.S. Navy's China Lake test range. The weapons were released from Navy aircraft and maneuvered through controlled flight...
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May 5, 2005Lockheed Martin and Australian Rail Track Corporation Partner on $62.3 Million High Tech Rail System
ARTC and Lockheed Martin have entered into an agreement to develop a blueprint for a new Advanced Train Management System (ATMS) which will provide new communications and control technology for...
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May 4, 2005
The United Arab Emirates (UAE) celebrated arrival of its first Lockheed Martin F-16E/F aircraft on May 3. The first "Desert Falcon" F-16s to be based in the UAE were received by the Crown Prince,...
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May 4, 2005
Lockheed Martin has successfully completed a crucial "jitter" test of the Space- Based Infrared System High (SBIRS High) geosynchronous orbit (GEO) satellite, an important step in meeting the...
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May 4, 2005
Lockheed Martin and its Joint Common Missile (JCM) rocket motor supplier, Aerojet, a GenCorp Inc. company , recently completed a series of successful tests of the rocket motor for the JCM, paving...
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May 3, 2005
Lockheed Martin has received a contract valued at approximately $26 million to deliver laser- guided training rounds (LGTRs) to the U.S. Navy next year. The contract includes four one-year options...
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May 3, 2005
The U.S. Navy recently completed initial testing of Lockheed Martin's Millennium Gun as part of its effort to validate and qualify new naval cannon technology for fleet self protection. The gun's...
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Apr 29, 2005End of a Proud Era for Air Force and Lockheed Martin Titan IV Team at Launch Complex 40
The United States Air Force and Lockheed Martin wrote the final chapter in a five-decade history at Cape Canaveral tonight with the final launch of a Titan IV B heavy-lift rocket carrying a...
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Apr 29, 2005
Lockheed Martin and Pratt & Whitney have successfully performed the first start of an F-35 aircraft test engine using a revolutionary integrated power package and engine-mounted starter/generator....
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Apr 28, 2005
The Lockheed Martin Corporation board of directors has elected Robert J. Stevens as Chairman of the Board, effective today. This action follows an announcement on Nov. 23, 2004 regarding Vance...
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Apr 28, 2005
The Lockheed Martin Corporation Board of Directors today declared a regular quarterly dividend on the Corporation's common stock of 25 cents per share. The dividend is payable June 30, 2005 to...
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Apr 28, 2005
Lockheed Martin , Aerosonde North America, Inc., and Aerosonde Pty Limited today announced the establishment of a multinational strategic alliance to provide Unmanned Aircraft System (UAS)...
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Apr 27, 2005
Lockheed Martin was awarded a contract valued at $101 million over five years to produce AN/USQ-78B Acoustic Processing and Display Systems for the U.S. Navy's P-3C maritime patrol aircraft. The...
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Apr 27, 2005
Lockheed Martin has been granted an authorization to proceed (ATP) by the Broadcasting Satellite System Corporation (B-SAT) of Japan to build its next geostationary telecommunications satellite....
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Apr 27, 2005
Lockheed Martin successfully completed the first live shipboard tracking exercise with its new SPY-1F multifunction phased array radar system aboard the Norwegian frigate Fridtjof Nansen (F-310)....
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Apr 26, 2005
The governments of the United States and Turkey signed a Letter of Offer and Acceptance (LOA) for the systems upgrade of Turkish F-16 aircraft at an estimated total value of $1.1 billion. Lockheed...
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Apr 26, 2005* FIRST QUARTER NET EARNINGS UP 27% TO $369 MILLION
Lockheed Martin Corporation today reported first quarter 2005 net earnings of $369 million ($0.83 per diluted share) compared to $291 million ($0.65 per diluted share) in 2004. Net sales were $8.5...
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Apr 25, 2005
Lockheed Martin Corporation will webcast live its Annual Meeting of Stockholders on Thursday, April 28, 2005 at 12:30 p.m. EDT (10:30 a.m. MDT). The live audio webcast and relevant charts will be...
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Apr 25, 2005
Lockheed Martin Corporation will webcast live a presentation by President and Chief Executive Officer, Bob Stevens, at the Bear Stearns 12th Annual Commercial Aerospace & Defense Conference on...
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Apr 22, 2005
Lockheed Martin received a two-year, $1.1-million follow-on contract to further develop the Time-Sensitive-Target, Dynamic-Decision Enabler (TDDE). The program seeks to reduce to two minutes or...
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Apr 21, 2005
Defence Minister Robert Hill today announced that Raytheon Australia will join Lockheed Martin on the Royal Australian Navy's Air Warfare Destroyer (AWD) program as the in-country Combat...
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Apr 20, 2005
Lockheed Martin employees in 2004 donated more than 680,000 volunteer hours to community- service activities ranging from student mentoring to helping animals, fighting diseases and participating...
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Apr 20, 2005
MEADS International (MI) announced that Germany has approved entry into the Design and Development (D&D) phase for the tri-national Medium Extended Air Defense System (MEADS). "We are very pleased...
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Apr 20, 2005
Lockheed Martin has been selected by the Federal Deposit Insurance Corporation (FDIC) to pursue information technology task orders worth approximately $554 million for up to 10 years. The company...
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Apr 20, 2005
Lockheed Martin Corporation will webcast live its first quarter 2005 financial results conference call on Tuesday, April 26 beginning at 11:00 a.m. EDT. Chris Kubasik, Executive Vice President &...
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Apr 20, 2005
The U.S. Army awarded a $90 million contract to Lockheed Martin for continued production of the combat-proven HELLFIRE air-to-ground missile. More than 1,000 HELLFIRE II and Longbow HELLFIRE...
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Apr 19, 2005
The Lockheed Martin F/A-22 Raptor fighter aircraft has been given the green light by Department of Defense acquisition officials to enter into full-rate production. An acquisition decision...
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Apr 18, 2005Latest Spiral of TBMCS - Unit Level Delivered; Next Spiral Passes Operational Testing
Lockheed Martin is delivering two significant upgrades of the military's premier joint air battle management system to the U.S. Air Force. The newest spirals of the Theater Battle Management Core...
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Apr 18, 2005
Lockheed Martin has successfully completed initial F/A-18 E/F integration wind tunnel tests of its Joint Common Missile (JCM). The JCM will provide pilots a precision, all-weather, low-collateral...
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Apr 18, 2005Effective Date Eliminates Previously Projected 8-10 Cent Negative Impact on 2005 EPS Outlook
Lockheed Martin Corporation announced today that it intends to adopt Financial Accounting Standard 123R, Share-Based Payments, effective as of January 1, 2006, consistent with the SEC's recent...
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Apr 15, 2005
The Defense Advanced Research Projects Agency (DARPA) awarded Lockheed Martin a two-year, $1.4-million follow-on contract to develop a Distributed Interactive Command Element (DICE). DICE is an...
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Apr 14, 2005
Chile's Minister of National Defense, Mr. Jaime Ravinet, joined other Chilean and U.S. officials today in celebrating completion of the first F-16 produced for the Chilean Air Force, or Fuerza...
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Apr 11, 2005
Lockheed Martin employees in 2004 donated more than 680,000 volunteer hours to community- service activities ranging from student mentoring to collection drives for U.S. troops. The Corporation is...
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Apr 11, 2005New operational concepts and advanced technologies to be developed here will be significant in nation's global war on terrorism and homeland defense
Lockheed Martin Corporation today formally opened its Center for Innovation -- a unique, collaborative laboratory that will serve as a critical new asset in the nation's global war on terrorism,...
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Apr 8, 2005
New Operational Concepts and Advanced Technologies to Be Developed Here Will Be Significant in Nation's Global War on Terrorism and Homeland Defense Virginia Governor Mark R. Warner; Senator John...
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Apr 7, 2005
Lockheed Martin received a contract from Mitsubishi Heavy Industries (OTC Pink Sheets: MHVYF) (MHI) on March 31 valued at over $125 million to manufacture components for five additional F-2...
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Apr 7, 2005
Lockheed Martin completed a successful week-long demonstration of its system designed to manage the wide range of military tactical networks of the modern battlefield. The live demonstration was...
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Apr 4, 2005
Lockheed Martin named Judy F. Marks executive vice president of its Transportation and Security Solutions (TSS) business unit, effective May 1, and said she will become company president in...
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Apr 1, 2005Lockheed Martin Executive Named to '50 Most Important Hispanics for 2005' for Third Consecutive YearTechnology Accomplishments and Leadership Recognized
Lockheed Martin's Ralph Tourino, vice president, Integrated Systems & Solutions, Space Support and Global Strike has once again been named one of the 50 Most Important Hispanics in Technology and...
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Apr 1, 2005Selected in Government-Sponsored Competition
Lockheed Martin tracking and fusion technologies proved to be the best available following a series of elite government-sponsored simulations for the Navy's future surface combatant ship, DD(X)....
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Mar 31, 2005Purchase Strengthens Company's Fed. IT and Tech. Support Service Offerings
Lockheed Martin Corporation today announced it has completed the purchase of The SYTEX Group, Inc. (TSGI) after the parties amended their previous agreement excluding the smallest TSGI business,...
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Mar 31, 2005
Daniel J. Crowley has been appointed executive vice president and general manager of the Lockheed Martin F-35 Joint Strike Fighter (JSF) program, effective June 30. Crowley will replace Bob Elrod,...
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Mar 30, 2005
Lockheed Martin received a $37.8 million contract to provide the U.S. Air Force with Precision Engagement production kits to modify A/OA-10 aircraft. The entire A-10 fleet will be modified over...
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Mar 28, 2005
Lockheed Martin and Covenant Aviation Security have teamed to provide private security screening services at airports across the country. The newly formed team will vie for work under the...
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Mar 24, 2005
Lockheed Martin has delivered the 64th P-3C aircraft modified under the Anti-Surface Warfare Improvement Program (AIP) to the U.S. Navy. Lockheed Martin will update a total of five P-3C aircraft...
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Mar 23, 2005
Lockheed Martin announced at the Satellite 2005 conference here today that it has been awarded a contract for an A2100 geosynchronous satellite by SES GLOBAL (Euronext Paris and Luxembourg stock...
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Mar 23, 2005
Lockheed Martin won an 18-month, $3.75-million award from the Defense Advanced Research Projects Agency to significantly improve the performance of defense computer applications that degrade due...
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Mar 22, 2005Aircraft Primed for Operational Evaluation and Fleet Introduction
Subsurface and surface warfare systems developed for the U.S. Navy's MH-60R helicopter by prime systems integrator Lockheed Martin have successfully completed Technical Evaluation, clearing the...
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Mar 22, 2005
The T-50 Golden Eagle advanced jet trainer successfully completed aerial gunfire testing recently. The T-50 Golden Eagle is being developed by Korea Aerospace Industries (KAI) for the Republic of...
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Mar 21, 2005Critical Milestone Met on the Way to Initial Operating Capability This Year
Lockheed Martin's first West Coast Atlas V rocket has successfully completed "booster on stand" (BOS) operations with the flight vehicle that will launch a national security payload next year. The...
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Mar 21, 2005
Lockheed Martin has received a $10 million contract for 15 Multiple Launch Rocket System (MLRS) Future Fire Control Systems (FFCS) from the United Kingdom Ministry of Defence. The FFCS, when...
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Mar 17, 2005
The Mobile User Objective System (MUOS) team led by Lockheed Martin has successfully completed the System Preliminary Design Review (PDR) with its customer, the U.S. Navy. The System PDR kicks off...
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Mar 17, 2005
A Lockheed Martin Joint Air-to-Surface Standoff Missile (JASSM), the world's first stealthy conventional cruise missile, was successfully launched Wednesday from an F-16 aircraft and precisely...
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Mar 16, 2005
Lockheed Martin will build 18 Wind Corrected Munitions Dispenser (WCMD) inert training rounds under a $1 million direct commercial sale contract from The Boeing Company for an undisclosed...
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Mar 15, 2005Group to Help Create International Standards for Supply Chain Management Technology
Lockheed Martin has become the newest subscriber to EPCglobal US, a not-for-profit standards organization dedicated to improving the technology that moves millions of shipments around the world...
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Mar 15, 2005
Lockheed Martin successfully tested its Joint Common Missile (JCM) multi-target warhead and fuze in a series of warhead penetration tests at the Redstone Technical Test Center, AL. The series of...
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Mar 14, 2005
Lockheed Martin recently completed a successful Critical Design Review (CDR) for the Advanced Hawkeye radar. Advanced Hawkeye, now in development by Northrop Grumman, is the U.S. Navy's...
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Mar 14, 2005
Lockheed Martin has released I-GUIDES(TM) Compliancy, a Web-based application that streamlines the management of the Unique Identification (UID) process now required by the Department of Defense...
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Mar 10, 2005
INROADS, Inc., the nation's largest non-profit source of salaried corporate internships for high performing Black, Hispanic/Latino and Native American Indian college students, has announced its 2005 "
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Mar 8, 2005Western Range Flight Safety Hardware Installed at Vandenberg AFB
Lockheed Martin's Range Standardization and Automation Phase IIA (RSA IIA) program office successfully completed early installation of components that will help improve launches at Vandenberg Air...
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Mar 8, 2005
Lockheed Martin's Sniper(R) XR(R) Advanced Targeting Pod program was honored for "lasting contributions to the advancement of aerospace" by Aviation Week & Space Technology magazine, which named...
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Mar 7, 2005
Lockheed Martin today released its press-briefing schedule for the 2005 Australian International Air Show. Tuesday, March 15 * 12:00 p.m. -- "JSF Program Status Update" Location: Air Show...
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Mar 7, 2005
Lockheed Martin has named Martin T. Stanislav Controller and Chief Accounting Officer (CAO). Stanislav has been serving as Vice President and Controller of the company's Aeronautics business area...
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Mar 4, 2005
A Lockheed Martin Joint Air-to-Surface Standoff Missile (JASSM), the world's first stealthy cruise missile, was successfully launched Thursday from an F-16 aircraft and precisely navigated through...
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Mar 3, 2005
Lockheed Martin has achieved a major milestone with completion and delivery of a sophisticated, high-performance communications subsystem integral to the infrared payload of the first Space-Based...
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Mar 1, 2005
Lockheed Martin Corporation will webcast a live presentation by Bob Stevens, President and Chief Executive Officer, at the Smith Barney Citigroup Global Industrial Manufacturing Conference on...
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Mar 1, 2005
Lockheed Martin's facility in Archbald, PA, with products including laser-guided weapons systems for the U.S. Air Force and U.S. Navy, was selected today as winner of the 2005 Shingo Prize for...
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Feb 28, 2005
Lockheed Martin Corporation has completed the acquisition of STASYS Limited, a U.K.-based technology and consulting firm specializing in network communications and defense interoperability. Terms...
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Feb 28, 2005IT Professional Honored by the Chinese Institute of Engineers/USA
Wei-San Lily O'Byrne, vice president of Systems Design and Integration at Lockheed Martin Enterprise Information Systems, has received one of 15 Asian American Engineer of the Year awards from the...
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Feb 24, 2005Fifth Successful Intercept for Aegis BMD Team
The Aegis Ballistic Missile Defense (BMD) Weapon System with its Standard Missile (SM)-3 successfully intercepted a ballistic missile target outside the earth's atmosphere during its descent phase...
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Feb 24, 2005
Lockheed Martin announced today that it has signed a distribution agreement enabling CMD Solutions to offer AeroText(TM) information extraction software to corporate customers. CMD Solutions,...
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Feb 24, 2005
Lockheed Martin initiated a two-year, $6.6-million study contract to develop a Polymorphous Computing Agent Architecture (PCAA) that will perform cognitive tasks for military systems. Sponsored by...
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Feb 24, 2005
Lockheed Martin Sippican, Inc., a subsidiary of Lockheed Martin Corporation , in a joint venture with Granite State Manufacturing (GSM) of Manchester, NH, has been awarded a $14.9 million contract...
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Feb 23, 2005
Lockheed Martin's F-35 Joint Strike Fighter (JSF) team received the first laser system for the aircraft's Electro-Optical Targeting System (EOTS) from BAE Systems Avionics at a special event in...
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Feb 21, 2005
More than 1,200 students at over one dozen Orange County schools will participate in National Engineers Week activities, February 21 - 26, sponsored by Lockheed Martin . Throughout the week,...
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Feb 18, 2005
The U.S. Air Force has awarded Lockheed Martin a $25 million follow-on prime contract for the CROSSBOW II program. Commencing on January 1, 2005, this four-year, nine-month program will provide...
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Feb 18, 2005Purchase Will Strengthen Company's Fed. IT and Tech. Support Service Offerings
Lockheed Martin Corporation has entered into a definitive agreement to acquire The SYTEX Group, Inc. (TSGI). TSGI, based in Doylestown, Pa., provides information technology solutions and technical...
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Feb 17, 2005
Lockheed Martin announced today that Chief Information Officer and Enterprise Information Systems President Joseph Cleveland and Lockheed Martin Information Technology President Linda Gooden have...
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Feb 17, 2005
INROADS, Inc., the nation's largest non-profit source of salaried corporate internships for high performing Black, Hispanic/Latino and Native American Indian college students, will host its 7th...
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Feb 17, 2005
The Lockheed Martin Advanced Technology Center (ATC) will lead the development of the Interstellar Boundary Explorer (IBEX)-Lo sensor for the recently selected NASA Small Explorer mission. The...
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Feb 17, 2005
With affordability as its cornerstone, the F-35 Joint Strike Fighter is designed to offer next- generation technologies and capabilities with a price tag comparable to that of current-generation...
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Feb 17, 2005
Lockheed Martin was awarded a $247 million Lot 2 follow-on production contract for Arrowhead(TM), the Army's Modernized Target Acquisition and Designation Sight/Pilot Night Vision Sensor...
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Feb 17, 2005
IZAR and Lockheed Martin successfully performed initial activation of the first Aegis Weapon System equipped with the new SPY-1F radar aboard the Norwegian frigate Fridtjof Nansen (F-310) at...
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Feb 16, 2005
The four major subassemblies for the first F-35 Joint Strike Fighter are taking shape as the program progresses toward final assembly in late spring at Lockheed Martin in Fort Worth. "Our team's...
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Feb 16, 2005
Lockheed Martin has received a $108 million Low-Rate Initial Production-3 (LRIP-3) contract from the U.S. Army to produce 1,014 Guided Multiple Launch Rocket System (GMLRS) rockets. "The U.S. Army...
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Feb 15, 2005Ethics Resource Center says recipient Norman Augustine has "represented perfectly what it takes to be an ethical leader."
The Ethics Resource Center (ERC) has awarded its 2004 Stanley C. Pace Leadership in Ethics Award to Norman R. Augustine, retired Chairman and CEO of the Lockheed Martin Corporation and founding...
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Feb 14, 2005
Lockheed Martin and EEI Manufacturing Services announced a three-year agreement today under which Lockheed Martin will mentor EEI, a small, disadvantaged woman-owned HUBZone business, in the...
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Feb 14, 2005
The U.S. Navy has awarded Lockheed Martin a contract valued at more than $61 million for continued support to the Acoustic Rapid Commercial Off-The-Shelf (COTS) Insertion (A-RCI) program. A-RCI is...