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 15, 2003
Lockheed Martin Corporation and Titan Corporation have entered into a definitive agreement for Lockheed Martin to acquire Titan. Under the merger agreement, shareholders of Titan may elect to...
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Sep 15, 2003
Lockheed Martin announced today that its board of directors has authorized an increase to the dividend paid on the common stock from $.12 per-quarter to $.22 per-quarter. This increase will be...
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Sep 15, 2003
Lockheed Martin's facility in Eagan has achieved a Maturity Level 3 rating against the Standard Capability Maturity Model Integration (CMMI(R)) for systems and software engineering. The CMMI(R) is...
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Sep 15, 2003
Lockheed Martin has been selected by the Allegheny County Airport Authority in Pennsylvania to lead an $8.8 million security upgrade program that will integrate and enhance the current baggage...
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Sep 15, 2003Senior Executives Will Also Present at Upcoming CSFB Conference
Lockheed Martin will webcast live a presentation by Christopher E. Kubasik, Senior Vice President and Chief Financial Officer, Lockheed Martin Corporation. On September 17th, Mr. Kubasik will...
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Sep 12, 2003Advanced ISR, Targeting and Strike Prototype to Set Requirements for Future Navy Programs
The U.S. Navy and an industry team that includes Lockheed Martin, BAE SYSTEMS and Raytheon recently completed the successful demonstration of the Enterprise Expeditionary Strike Warfare...
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Sep 11, 2003Tour Follows Recent Sales to Italy & Greece
Lockheed Martin Alenia Tactical Transport Systems (LMATTS) announced today that a C-27J Spartan tactical airlifter will visit six locations across the United States over the next two weeks. This...
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Sep 11, 2003
Lockheed Martin will webcast live a presentation by Robert J. Stevens, President and Chief Operating Officer, Lockheed Martin Corporation. Mr. Stevens will present on behalf of Lockheed Martin at...
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Sep 11, 2003
Lockheed Martin will provide an extension to the Greek National Vessel Traffic Management Information System (VTMIS) under a $1 million sub- contract from the Hellenic Telecommunications &...
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Sep 10, 2003
MEADS International completed a successful series of demonstrations and tests of its advanced lightweight launcher prototype in Brescia, Italy, and has released the first photographs of the...
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Sep 10, 2003
A newly dedicated work space at Lockheed Martin Aeronautics Co. in Fort Worth will play a major role in ensuring that the F-35 Joint Strike Fighter meets the needs of United States and allied...
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Sep 10, 2003A Key Enabler for Network Centric Warfare
Lockheed Martin is leading an experienced industry team in the competition to develop software-defined radios that will dramatically improve joint tactical communications for warfighters. The...
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Sep 10, 2003
Lockheed Martin today agreed to team with Rolls-Royce plc and VT Group plc to pursue the Training Systems Integrator role for the UK Ministry of Defence's Military Flying Training System (MFTS)....
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Sep 10, 2003
Lockheed Martin Commercial Space Systems, a business unit of the Lockheed Martin Corporation has been awarded a contract to build an A2100 geosynchronous satellite for EchoStar Communications...
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Sep 9, 2003
Lockheed Martin UK Ltd.- Information Systems has been awarded a contract by the Defence Procurement Agency to provide the new British Army Battlegroup Command and Control Trainer (BC2T). Overall,...
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Sep 9, 2003ATOP System Will Increase Capacity of Oceanic Airspace
Lockheed Martin has achieved government acceptance of Build 1 for the new system that will control air traffic over the U.S. oceanic airspace. The Advanced Technologies and Oceanic Procedures...
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Sep 9, 2003
Lockheed Martin will webcast live a presentation by Robert J. Stevens, President and Chief Operating Officer, Lockheed Martin Corporation. On September 11th, Mr. Stevens will present on behalf of...
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Sep 9, 200336th Mission for Nation's Most Powerful Booster
A Lockheed Martin -built Titan IV B rocket lifted off this morning at 12:29 a.m. Eastern Daylight Time carrying a classified payload for the U.S. Air Force and the National Reconnaissance Office...
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Sep 8, 2003
The U.S. Naval Air Systems Command (NAVAIR) Warfare Center, Weapons Division, China Lake has awarded Lockheed Martin a $36 million task order to support the Combat Environment Simulation (CES)...
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Sep 3, 2003
Lockheed Martin has developed an innovative and cost-effective antenna system for tracking test flights of the U.S. Navy's Trident II D5 Fleet Ballistic Missile. The system, called S-Band Mobile...
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Sep 3, 2003
Lockheed Martin today announced that Raytheon, ITT, and General Dynamics have joined its team to develop the U.S. Air Force's next generation Global Positioning Satellite system, GPS III. Lockheed...
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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 29, 2003
The last in a series of 14 Defense Satellite Communications System (DSCS) spacecraft built by Lockheed Martin for the U.S. Air Force was successfully launched today from Cape Canaveral Air...
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Aug 28, 2003
Lockheed Martin and San Diego-based General Atomics Aeronautical Systems, Inc., (GA-ASI) have teamed to jointly pursue the U.S. Navy Broad Area Maritime Surveillance (BAMS) Unmanned Aerial Vehicle...
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Aug 27, 2003$140 Million Project to Help Bureau to Fight Security Risks
Lockheed Martin has been selected by the Federal Bureau of Investigation to support the development of a new enterprise-wide security architecture for its computers and networks. Under the...
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Aug 26, 2003
The following is a statement by Lockheed Martin regarding the Space Shuttle Colombia Accident Investigation Board report: On February 1, 2003, our nation suffered the tragic loss of the Space...
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Aug 26, 2003System Improves Flow of Air Traffic by Allowing Controllers To Resolve Potential Conflicts Far in Advance
An advanced air traffic system developed by Lockheed Martin to improve the direct routing of aircraft was put into operational use today at the Federal Aviation Administration's Jacksonville Air...
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Aug 25, 2003
A new ceramic rocket nozzle throat for solid rocket motors developed by Lockheed Martin , has received the coveted "Technology Innovation Award" from Aviation Week & Space Technology (AW&ST) magazine.
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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 25, 2003
NASA's Space Infrared Telescope Facility (SIRTF), built, integrated and tested at Lockheed Martin facilities in Sunnyvale, California, roared into space this morning at 1:35 am EDT from the NASA...
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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 22, 2003
Lockheed Martin today announced that it will conduct final assembly of its Kinetic Energy Interceptor (KEI) in Courtland, AL, if selected by the Missile Defense Agency (MDA) to proceed as prime...
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Aug 22, 2003
The United States Joint Forces Command (USJFCOM) has chosen Lockheed Martin to provide technical and engineering support for the Joint Battle Management Command and Control (JBMC2) Concept,...
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Aug 21, 2003
The U.S. Naval Air Training Command (NATRACOM) has awarded Lockheed Martin the Chief of Naval Air Training (CNATRA) Classroom and Simulator Services contract valued at $82.2 million. The five-year...
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Aug 20, 2003
NASA's Space Infrared Telescope Facility (SIRTF) has completed integration, testing and pre-launch checkout at Lockheed Martin facilities in Sunnyvale, California, and is being prepared for a...
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Aug 20, 2003
Lockheed Martin Corporation today announced the completion of its offers to repurchase for cash any and all of its outstanding 7.25% Notes due May 15, 2006 and the 8.375% Debentures due June 15,...
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Aug 18, 2003
Lockheed Martin's Future Combat System (FCS) Multifunction Utility Logistics and Equipment (MULE) vehicle has been selected by the FCS Lead System Integrator (LSI) team of Boeing and Science...
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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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Aug 13, 2003
Lockheed Martin Corporation today announced it has completed the sale of $1 billion aggregate principal amount of floating rate convertible debentures due 2033. The offering increased from $850...
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Aug 13, 2003Teammates Bring Unparalleled Expertise in Border Security And Deploying Nationally Significant Programs
Lockheed Martin announced that it will lead an experienced team of companies bidding for the Department of Homeland Security's (DHS) US Visitor and Immigrant Status Indicator Technology (VISIT)...
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Aug 12, 2003
Lockheed Martin has appointed James W. LaJeunesse to the position of vice president of finance and administration for Maritime Systems & Sensors, effective September 1, 2003. In this position,...
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Aug 12, 2003
Lockheed Martin has been awarded a $16 million contract to provide the U.S. Navy and U.S. Marine Corps with a two-seat EA-6B operational flight and navigational trainer that extends the...
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Aug 11, 2003
The UK Ministry of Defence (MoD) has appointed Lockheed Martin as preferred supplier for Project Soothsayer, the next-generation Electronic Warfare (EW) program for British land forces. Worth in...
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Aug 11, 2003Training System Provides PC-Driven Visual System for Enhanced Performance, Lower Cost
Lockheed Martin recently took the Marine Corps Aviation Simulator Master Plan F/A-18D simulator for its first flight using a new, PC-driven image generator and host computer system designed to...
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Aug 8, 2003Another First for the Transformational Weapon System
Lockheed Martin conducted a successful test of the transformational Line-of-Sight Antitank (LOSAT) Weapon System yesterday in which a Kinetic Energy Missile (KEM) was fired at short range at a...
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Aug 8, 2003
Lockheed Martin Corporation today announced an agreement, subject to standard closing conditions, for the sale of $850 million aggregate principal amount of its floating rate convertible...
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Aug 7, 2003
Lockheed Martin's board of directors today declared a regular quarterly dividend on the Corporation's common stock of 12 cents per share. The dividend is payable September 30, 2003 to holders of...
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Aug 6, 2003
Lockheed Martin Corporation announced today that it intends to offer to purchase for cash up to $1.15 billion in principal amount of two of its outstanding debt issues. The offer is for any and...
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Aug 6, 2003
Lockheed Martin Corporation announced today that it intends to offer up to $850 million of floating rate convertible debentures through an offering to qualified institutional buyers pursuant to...
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Aug 6, 2003
The Medium Extended Air Defense System (MEADS) demonstrated its ability to acquire, classify, track and destroy simulated aircraft and missile targets in a successful System Level Interface...
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Aug 5, 2003
Lockheed Martin received a $413.5 million contract today to begin the System Development and Demonstration (SD&D) phase of the Advanced Hawkeye (AHE) program for the U.S. Navy's E-2C Hawkeye...
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Aug 5, 2003
Lockheed Martin and the crews of the Spanish Navy frigate Alvaro de Bazan and the U.S. Navy destroyer USS Mason made history in late July with the successful completion of the first international...
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Aug 4, 2003ECG Program Milestone Met Ahead of Deadline; Lays Groundwork for Modernization of Air Traffic Infrastructure
Lockheed Martin has achieved government acceptance -- one month ahead of the contract schedule -- of a vital new air traffic radar and communications component, one of the first building blocks...
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Aug 4, 2003Restructure to Combine Naval Electronics & Surveillance Systems Units Into Single Enterprise with Common Systems and Processes
In a move to enhance customer satisfaction and strengthen its competitive advantage in design and integration of combat systems and sensors for maritime and related markets, Lockheed Martin is...
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Aug 1, 2003
Lockheed Martin announced today that it entered into definitive agreements to acquire ACS' federal government information technology (IT) business. Concurrently, ACS will acquire Lockheed Martin's...
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Jul 31, 2003
Lockheed Martin has completed an Integrated Technology Demonstration (ITD) under the $20 million U.S. Navy Component Advanced Development (CAD) Phase II contract of the Multi-mission Maritime...
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Jul 30, 2003
Senators Norm Coleman and Mark Dayton will host a Defense Forum Monday morning with several members from Minnesota's defense industry at the Eagan headquarters of Lockheed Martin. The purpose of...
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Jul 30, 2003
Lockheed Martin has appointed Mary L. Leopold controller for Naval Electronics & Surveillance Systems (NE&SS) - Tactical Systems. In this position, Leopold will have responsibility for financial...
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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 28, 2003
Lockheed Martin successfully completed the next step in its Small Diameter Bomb (SDB) flight-test program in a flight over Eglin Air Force Base, FL. The SDB was released from an F-15E aircraft,...
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Jul 28, 2003
Lockheed Martin has delivered the first advanced Integrated Core Processor (ICP) modules for the F-35 Joint Strike Fighter under a $300 million System Development and Demonstration (SDD) contract....
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Jul 25, 2003
Lockheed Martin conducted a successful test of the transformational Line-of-Sight Antitank (LOSAT) Weapon System in which a Kinetic Energy Missile (KEM) was fired at a reinforced urban structure...
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Jul 25, 2003
Lockheed Martin has been awarded $9.4 million to enter the second phase of a development agreement by the Defense Advanced Research Projects Agency (DARPA) and the U.S. Army for the Unmanned...
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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 22, 2003
Lockheed Martin Corporation will webcast live its second quarter 2003 earnings on Thursday, July 24, 2003 from 11:00 am to 12 pm (ET). Bob Stevens, President and Chief Operating Officer, Chris...
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Jul 18, 2003
Lockheed Martin announces several new task order wins spanning the spectrum of training and technology services. These task orders have been awarded under the Specialized Security Training...
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Jul 17, 2003
Cablevision Systems Corporation and Lockheed Martin announced that the Rainbow 1 telecommunications satellite was successfully launched today from Cape Canaveral aboard an Atlas V rocket provided...
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Jul 17, 2003
The U.S. Navy awarded the Lockheed Martin-led Littoral Combat Ship team a $10 million contract for preliminary design of this transformational naval combatant. The Lockheed Martin Littoral Combat...
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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 16, 2003
MEADS International (MI) has submitted its business management proposal to begin the Design and Development (D&D) phase of the Medium Extended Air Defense System (MEADS). Submitted to the NATO...
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Jul 14, 2003
A business of Lockheed Martin has achieved another first in the independent assessment of its technical and managerial credentials. Lockheed Martin System Integration-Owego has achieved a Maturity...
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Jul 11, 2003
Lockheed Martin has received a $260 million not-to-exceed contract for a Missile Segment Enhancement (MSE) to the battle-proven Patriot Advanced Capability-3 (PAC-3) Missile. The MSE provides...
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Jul 11, 2003Process Improvement Guidance Integrates Systems Engineering, Software Development, and Integrated Product and Process Development
Lockheed Martin's center of excellence for training, support solutions, and fingerprint identification technology this week achieved a Level 4 capability maturity assessment against the Software...
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Jul 10, 2003Global Training Leader Provides System Upgrades for Military Simulators
Lockheed Martin has received a contact award worth approximately $20 million to provide the Hellenic Army of Greece with upgraded tank driving simulators for M60 and Leopard tanks, and for...
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Jul 9, 2003
Dain M. Hancock, president of Lockheed Martin Aeronautics Company, delivered the following opening remarks at a news conference here today at about 5:00 p.m. CDT: Thank you all for coming. The...
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Jul 9, 2003
Lockheed Martin officials will hold a press conference today at 5:30 p.m., CDT, 2nd floor, Meridian, MS, City Hall, to provide additional information regarding the tragedy that occurred at the...
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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 7, 2003
Lockheed Martin today announced that Harris Corporation and Embraer have joined its team in the competition to develop the U.S. Army's next generation Intelligence, Surveillance and Reconnaissance...
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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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Jul 2, 2003
Lockheed Martin has formally joined the DD(X) National Team with the signing of a $175 million subcontract with Raytheon, the lead systems integrator. Lockheed Martin will leverage its naval...
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Jul 1, 2003
Lockheed Martin has received a $30 million Low-Rate Initial Production (LRIP) contract to begin producing the transformational Guided Multiple Launch Rocket System (GMLRS). The U.S. Army Aviation...
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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 27, 2003'Integrated Systems and Solutions' Leverages Existing Expertise; Increases Focus on Customer's Mission Effectiveness
Lockheed Martin today announced the formation of a fifth business area that will leverage its existing and emerging capabilities to address customers' growing need for highly integrated systems...
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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
Lockheed Martin Corporation today announced that it has completed the acquisition of ORINCON Corporation International. Terms of the agreement were not disclosed. A systems integration and...
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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 26, 2003
E.C. "Pete" Aldridge, Jr. has been elected to the Lockheed Martin Board of Directors, effective June 26th. Mr. Aldridge, 64, retired from government service in May. Aldridge is the former Under...
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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 24, 2003
Lockheed Martin and BAE SYSTEMS have signed a Memorandum of Understanding (MOU) to explore partnership opportunities on missile defense programs in the United States, the United Kingdom and around...
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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 18, 2003
A new U.S. Navy enterprise personnel system developed by Lockheed Martin has now been installed at all 570 planned Navy ship and shore sites. The Navy Standard Integrated Personnel System (NSIPS)...
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Jun 18, 2003
Lockheed Martin and Kongsberg Defence & Aerospace (KDA) announced a $21 million contract today for production of the anti-submarine warfare control system for the Republic of Korea Navy's new...
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Jun 18, 2003Lockheed Martin-led Team Completes On-Orbit Checkout of Final Milstar II Satellite Ahead of Schedule
A U.S. Air Force/Lockheed Martin-led team has successfully accomplished an accelerated on-orbit checkout of the last Milstar II secure communications satellite and transferred full operational...