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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Oct 26, 2001* Raises 2001 and 2002 Recurring Earnings Per Share Outlook
* Increases 2001 Free Cash Flow Guidance to at Least $2 Billion * Improves Net Debt to Capitalization Ratio to 43 Percent BETHESDA, Md., Oct. 26 /PRNewswire/ -- Lockheed Martin Corporation today...
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Oct 25, 2001
Lockheed Martin's board of directors today declared a regular quarterly dividend on the Corporation's common stock of 11 cents per share. The dividend is payable December 31, 2001, to holders of...
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Oct 25, 2001
Lockheed Martin will webcast live its third quarter 2001 earnings conference call on Friday, October 26, 2001 from 11 a.m. EDT to 12 p.m. EDT. The webcast can be viewed on the Lockheed Martin website,
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Oct 23, 2001
Lockheed Martin's SkyLine air traffic management system is now operational in Korea, controlling traffic 24/7 in one of the world's fastest growing airspaces. Teamed with Samsung Data Systems of...
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Oct 22, 2001
Lockheed Martin's SkyLine air traffic management system is now operational in Korea, controlling traffic 24/7 in one of the world's fastest growing airspaces. Teamed with Samsung Data Systems of...
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Oct 19, 2001
The Patriot Advanced Capability-3 (PAC-3) Missile program completed Developmental Testing today by intercepting and destroying an advanced cruise missile target at White Sands Missile Range, N.M....
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Oct 9, 2001
Lockheed Martin Space Operations announced that its Consolidated Space Operations Contract (CSOC) has successfully assumed responsibility for the Kennedy Data Network (KDN) at Kennedy Space Center...
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Oct 3, 2001
Lockheed Martin Space Systems - Astronautics Operations, headquartered near Denver, Colo., has been selected by the National Aeronautics and Space Administration (NASA) and the Jet Propulsion...
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Oct 3, 2001
In the news release, "Lockheed Martin Awarded $47 Million Small Diameter Bomb Contract From The Air Force," issued earlier today by Lockheed Martin Missiles and Fire Control over PR Newswire, we...
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Oct 3, 2001
Lockheed Martin Missiles and Fire Control was awarded a $47 million contract by the Aeronautical Systems Center at Eglin Air Force Base, Fla. for the System Design and Development Phase of the...
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Sep 28, 2001Lockheed Martin / Northrop Grumman Ship Systems Partnership Leads International Team
The Integrated Coast Guard Systems (ICGS) joint venture team has delivered a proposal to accomplish a far-reaching modernization of the U.S. Coast Guard's Deepwater forces -- those ships,...
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Sep 25, 2001
U.S. Coast Guard veteran Roger T. Rufe Jr. has been appointed to the Board of Directors of the Integrated Coast Guard Systems joint venture team of Lockheed Martin and Northrop Grumman Ship...
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Sep 25, 2001
Lockheed Martin has begun the delivery of C-130J aircraft with a new software configuration that brings the aircraft's avionics system to full functionality. Known as Block 5.3, the new software...
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Sep 20, 2001
The F-22 Team, led by Lockheed Martin Corporation , has received an $862 million contract to finish building the first lot of 10 F-22 Raptor fighter jets, all of which will be delivered to the...
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Sep 19, 2001
Lockheed Martin Corporation announced the creation of the Lockheed Martin American Spirit Fund with an initial corporate donation of $1 million. Employee donations will be over and above that...
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Sep 19, 2001
Lockheed Martin's Consolidated Space Operations Contract has completed the design and installation of a new Customer Support Room (CSR) in the Mission Control Center (MCC) at NASA's Johnson Space...
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Sep 13, 2001Theater Aerospace Command and Control Facility (TACCSF) Operates as Network Hub
Lockheed Martin Information Systems has been awarded the U.S. Air Force's Theater Aerospace Command and Control Facility operations and maintenance contract worth approximately $25 million over...
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Sep 10, 2001
Lockheed Martin will webcast live Chairman and CEO Vance D. Coffman's presentation to the Morgan Stanley Aerospace and Defense and Multi-Industry Conference on September 13. The webcast will begin...
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Sep 10, 2001
In conjunction with the successful completion of the Joint Strike Fighter X-35's flight-test program, Lockheed Martin invites you to view a video that opens up the high-tech world of 21st Century...
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Sep 7, 2001
Every time Merrill Reese calls a touchdown on 94WYSP this year, the children in the Philadelphia School district will benefit. Lockheed Martin has partnered with Eagles Radio 94WYSP in a program...
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Sep 7, 2001
A new personnel data management program developed by Lockheed Martin Corporation has passed the U.S. Navy's demanding operational test and evaluation process, meeting or exceeding all test...
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Sep 6, 2001
Lockheed Martin Space Operations (LMSO) President Jay Honeycutt has announced three new executive appointments. Ken Reightler has been named LMSO senior vice president; Richard (Rick) Hieb...
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Sep 6, 2001
Lockheed Martin Aeronautics Company recently completed the first phase of flight testing of its new conformal fuel tanks (CFTs) for its F-16 multirole fighter. Flight testing with aerodynamic...
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Sep 6, 2001
Lockheed Martin Space Operations (LMSO) President Jay Honeycutt has announced three new executive appointments. Ken Reightler has been named LMSO senior vice president; Richard (Rick) Hieb...
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Sep 5, 2001
Israel signed an amendment to a letter of offer and acceptance (LOA) with the U.S. government for 52 more Lockheed Martin F-16I fighters on September 4. This agreement follows the announcement at...
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Sep 5, 2001
Lockheed Martin has delivered the first three fully configured KC-130J tanker aircraft to the United States Marine Corps. These aircraft, the first of seven to be delivered this year, will be...
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Aug 28, 2001
Lockheed Martin has begun a joint test program with the U.S. Air Force and the U.S. Army to validate the C-130J-30 for paratroop airdrop operations. The tests are being conducted by the Airborne...
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Aug 24, 2001
Lockheed Martin Corporation has completed the sale of the IMS Corporation to Affiliated Computer Services Inc. for $825 million in cash. This transaction completes the divestiture of those...
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Aug 22, 2001
The Egyptian Air Force (EAF) celebrated arrival of its first four F-16s of its sixth F-16 program during ceremonies at Gianaklis Air Base on August 19. "We are glad to participate in this...
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Aug 20, 2001Follow-On Orders for Sniper XR Could Total Billions
The U.S. Air Force today announced Lockheed Martin's Sniper XR (eXtended Range) system as the winner of its Advanced Targeting Pod (ATP) competition. This 7-year contract with potential value in...
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Aug 20, 2001
Lockheed Martin Missiles and Fire Control has received a $165 million sole-source letter contract, with $82.4 million of the contract initially funded, for production of the Army TACMS Block II...
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Aug 16, 2001
Celebrating its 10th year in delivering electronic toll collection (ETC) solutions that have revolutionized the nation's highways, Lockheed Martin IMS today congratulated the Delaware River & Bay...
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Aug 15, 2001
Dain M. Hancock, president of Lockheed Martin Aeronautics Company, made the following statement today after receiving word that the Defense Acquisition Board has approved the F-22 program to begin...
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Aug 13, 2001
Lockheed Martin Air Traffic Management (LMATM) today announced the opening of a representative office in Moscow to address a broad spectrum of civil aviation infrastructure needs in Russia and...
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Aug 8, 2001
U.S. Senator Jon Corzine of New Jersey today marked the opening of the Theater Network Integration Center (TNIC) at Lockheed Martin Naval Electronics & Surveillance Systems (NE&SS)-Surface...
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Aug 7, 2001
The Army Tactical Missile System (Army TACMS) Block II Missile, developed by Lockheed Martin , successfully dispensed 13 tactical Brilliant Anti-Armor (BAT) submunitions during Developmental...
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Aug 6, 2001
Lockheed Martin Naval Electronic & Surveillance Systems (NE&SS)-Surface Systems and ADSIL-LC announced an agreement today that gives Lockheed Martin the exclusive right to market, distribute and...
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Aug 6, 2001
Lockheed Martin Missiles and Fire Control delivered the 500th Army Tactical Missile System (Army TACMS) Block IA Missile to the U.S. Army on July 26th. All 500 missiles were delivered ahead of...
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Aug 2, 2001
Lockheed Martin's board of directors today declared a regular quarterly dividend on the Corporation's common stock of 11 cents per share. The dividend is payable September 28, 2001, to holders of...
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Aug 1, 2001
The Lockheed Martin Joint Strike Fighter X-35B completed one of history's most successful flight test programs on July 30 after achieving what no aircraft has ever done: a short takeoff, a level...
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Jul 30, 2001
Officials at Lockheed Martin Space Operations announced that its Consolidated Space Operations Contract (CSOC) is scheduled to open the first in a series of CSOC-sponsored storefronts at Prairie...
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Jul 27, 2001
Lockheed Martin successfully completed U.S. Air Force airdrop testing last week with a fleet of three extended fuselage length, or "stretched," C-130J-30s at the Air Force Flight Test Center at...
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Jul 26, 2001* Raises 2001 and 2002 Recurring Earnings Per Share Outlook
* Increases 2001 Free Cash Flow Guidance to at Least $1 Billion * Improves Net Debt to Capitalization Ratio to 50.5 Percent BETHESDA, Md., July 26 /PRNewswire/ -- Lockheed Martin Corporation today...
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Jul 24, 2001
Lockheed Martin Aeronautics has shipped the first eight modification kits for the U.S. Air Force's Common Configuration Implementation Program (CCIP). CCIP is the most extensive retrofit of the...
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Jul 23, 2001
Lockheed Martin will webcast live its second quarter 2001 earnings conference call on Thursday, July 26, 2001 from 1 p.m. EDT to 2 p.m. EDT. The webcast can be viewed on the Lockheed Martin...
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Jul 23, 2001RAF Pilot Completes Short Takeoff and Vertical Landing, Goes Supersonic In Lockheed Martin JSF X-35B
In a history- making first for a Royal Air Force pilot, Squadron Leader Justin Paines performed a short takeoff, a supersonic dash, a hover and a vertical landing in two flights of the Lockheed...
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Jul 18, 2001* Transaction Expected to Close in the Third Quarter of 2001
Lockheed Martin Corporation and Affiliated Computer Services Inc. announced today that they have reached a definitive agreement under which ACS will acquire IMS Corporation, a wholly-owned...
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Jul 17, 2001
Col. Brian Duffy of Lockheed Martin's Consolidated Space Operations Contract (CSOC) was recently presented with NASA's Distinguished Service Medal by NASA Administrator Dan Goldin in Washington, D.C.
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Jul 16, 2001
The supersonic Lockheed Martin Joint Strike Fighter X-35B made a successful short takeoff, transitioned back from wingborne to jetborne flight and made a picture-perfect vertical landing at...
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Jul 10, 2001
The Lockheed Martin Joint Strike Fighter X-35B engaged its short-takeoff/vertical landing (STOVL) system and made a supersonic dash in the same flight on Monday, July 9, near Edwards Air Force...
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Jul 9, 2001
Lockheed Martin's Patriot Advanced Capability-3 (PAC-3) Missile program achieved major system success today at White Sands Missile Range, N.M. by meeting two key flight test milestones. The first...
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Jul 2, 2001
Squadron Leader Justin Paines has become the first Royal Air Force pilot to evaluate the vertical takeoff, hover and vertical landing performance of the supersonic Lockheed Martin Joint Strike...
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Jun 29, 2001
The U.S. Marine Corps today got its first pilot evaluation of the Lockheed Martin Joint Strike Fighter's vertical takeoff, hover and vertical landing performance. Maj. Art "Turbo" Tomassetti...
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Jun 29, 2001
Lockheed Martin Corporation today announced that its wholly-owned subsidiary, COMSAT Corporation, has called for the redemption of $200,000,000 in principal amount of the 8-1/8% Cumulative Monthly...
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Jun 29, 2001
Today, Lockheed Martin Missiles and Fire Control - Dallas successfully conducted the final developmental flight test of the Multiple Launch Rocket System (MLRS) upgraded M270A1 launcher at White...
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Jun 29, 2001
The U.S. Army and Lockheed Martin Missiles and Fire Control successfully tested the new Guided version of the Multiple Launch Rocket System (MLRS) rocket at White Sands Missile Range, N.M....
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Jun 28, 2001
Lockheed Martin Aeronautics Company yesterday began full scale fatigue testing (FSFT) of a U.S. Navy S-3 Viking anti-submarine warfare (ASW) aircraft at its facility here. "This marks an important...
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Jun 27, 2001
Lockheed Martin Training and IntraLearn Software Corporation announced today a teaming agreement to provide a complete e-Learning solutions for companies, organizations and higher education...
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Jun 25, 2001
Lockheed Martin Services, Inc., (LMSI) received notification of a five-year contract extension to provide Information Resource Management (IRM) services to the Hanford site under subcontract to...
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Jun 24, 2001
The supersonic Lockheed Martin Joint Strike Fighter X-35B launched vertically, held its position and landed vertically today. The event was a first for a JSF demonstrator and a critical validation...
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Jun 23, 2001
The Lockheed Martin Joint Strike Fighter X-35B took off and landed vertically today, marking the first time in aviation history that a shaft-driven lift fan propulsion system has lifted an...
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Jun 21, 2001
Lockheed Martin today delivered the 25th C-130J airlifter to the United Kingdom's Royal Air Force. This completes deliveries under the current production contract. The first aircraft was delivered...
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Jun 21, 2001
Lockheed Martin today delivered the 25th C-130J airlifter to the United Kingdom's Royal Air Force. This completes deliveries under the current production contract. The first aircraft was delivered...
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Jun 20, 2001'Power By Wire' Flight Controls Will Reduce Life Cycle Costs and Improve Performance, Safety and Survivability
A team led by Lockheed Martin Aeronautics company has received Flight International magazine's 2000 Aerospace Industry Award for Engineering, Maintenance and Modification. The award was presented...
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Jun 19, 2001
Lockheed Martin Management & Data Systems took another step forward with its ongoing business strategy to bring intellectual property to the commercial marketplace with the release of ACE V1.0, an...
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Jun 19, 2001
The Government of Israel has reached an understanding with Lockheed Martin Aeronautics Company to purchase more than 50 additional F-16 aircraft. The aircraft are being purchased in a follow-on...
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Jun 18, 2001
The Federal Aviation Administration (FAA) announced today that Lockheed Martin was selected to provide an integrated, modernized solution for controlling oceanic air traffic. Under the Advanced...
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Jun 13, 2001
Lockheed Martin will webcast live remarks by Vance Coffman, Lockheed Martin chairman and CEO at the corporation's annual Paris Air Show media dinner on Sunday June 17, 2001 at 1:40 p.m. EDT, 7:40...
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Jun 13, 2001
In a joint announcement made today in Moorestown, NJ, and Pascagoula, Miss., Lockheed Martin and Northrop Grumman Ingalls Shipbuilding announced the creation of a joint venture partnership under...
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Jun 7, 2001
Today marked another world's first for the Lockheed Martin-U.S. Navy Aegis Weapon System as an Evolved Sea Sparrow Missile (ESSM) was successfully launched and guided with an Aegis S- Band link at...
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Jun 6, 2001
The short-takeoff/vertical landing (STOVL) version of the Lockheed Martin Joint Strike Fighter, the X-35B, has begun ground runs as the countdown begins to the aircraft's final phase of STOVL flight.
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Jun 6, 2001
Lockheed Martin has ferried the first three US Air Force C-130J-30s to the Air Force Flight Test Center at Edwards AFB, Calif., to begin airdrop testing. The testing will demonstrate and certify...
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Jun 4, 2001
Lockheed Martin today released its press-briefing schedule for the Paris Air Show. All briefings will take place at the company's business chalet press center located in Row A, Chalet 400, unless...
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May 29, 2001
The Patriot Advanced Capability (PAC-3) Missile, produced by Lockheed Martin Missiles and Fire Control, has won the Daedalian's Weapons System Award, the Colonel Franklin C. Wolfe Memorial Trophy...
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May 29, 2001
Officials at Lockheed Martin's Consolidated Space Operations Contract (CSOC) announced today the appointment of new associate program managers at two of the five of the NASA centers it serves. The...
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May 24, 2001
The Federal Aviation Administration (FAA) announced today that Lockheed Martin was selected to provide an integrated, modernized solution for controlling oceanic air traffic. Under the Advanced...
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May 24, 2001
Lockheed Martin Corporation and Microsoft Corporation today announced the formation of a strategic alliance to collaboratively pursue new business opportunities in the federal information...
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May 15, 2001
Business representatives from Canada, Denmark, Italy, The Netherlands, Norway and Turkey visited Fort Worth today to prospect for potential roles in the Lockheed Martin Joint Strike Fighter...
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May 14, 2001
Vance Coffman, chairman and CEO of the Lockheed Martin Corporation will make a presentation to the Credit Suisse First Boston/Aviation Week Magazine Aerospace Finance Conference in New York City,...
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May 14, 2001
The world's most advanced terminal air traffic control system is in service at the nation's busiest hub airport. Lockheed Martin Air Traffic Management announced today that its Common Automated...
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May 9, 2001
Lockheed Martin Missiles and Fire Control - Dallas conducted three successful developmental flight tests of the Multiple Launch Rocket System (MLRS) upgraded M270A1 launcher this week at White...
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May 3, 2001
The seventh production P-3 Airborne Early Warning (AEW) aircraft for the U.S. Customs Service (USCS) -- and the first to be equipped with a next-generation full "glass" cockpit -- successfully...
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Apr 30, 2001
Officials of Lockheed Martin announced today that its Consolidated Space Operations Contract (CSOC) and SpaceData International (SDI) have successfully provided commercial data services to the...
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Apr 26, 2001
Lockheed Martin Corporation today announced that Douglas H. McCorkindale, Chairman, President and CEO, Gannett Co., Inc., has been elected to the Board of Directors, effective today. Mr....
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Apr 26, 2001
Lockheed Martin's board of directors today declared a regular quarterly dividend on the Corporation's common stock of 11 cents per share. The dividend is payable June 29, 2001, to holders of...
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Apr 24, 2001
BETHESDA, Md., April 24 /PRNewswire Interactive News Release/ -- Lockheed Martin will webcast live its business meeting portion of its 2001 annual meeting of shareholders on Thursday, April 26, at...
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Apr 24, 2001* Generates $1.4 Billion of Free Cash Flow
* Reaffirms 2001 Free Cash Flow Guidance of at Least $800 Million; Free Cash Flow Estimate of at Least $1.8 Billion for the Two Years 2001 And 2002 Combined * Reaffirms 25 - 30 Percent Increase in...
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Apr 23, 2001
DALLAS, April 23 /PRNewswire Interactive News Release/ -- Lockheed Martin Missiles and Fire Control - Dallas successfully conducted the first flight test of an Army Tactical Missile System (Army...
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Apr 20, 2001
BETHESDA, Md., April 20 /PRNewswire Interactive News Release/ -- Lockheed Martin will webcast live its first quarter 2001 earnings conference call on Tuesday, April 24, 2001 from 2 p.m. EDT to 3...
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Apr 19, 2001
To build on its world-class capabilities in navigation and to meet customer needs, Lockheed Martin has established a new business unit within its Space Systems Company. This new Navigation Systems...
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Apr 17, 2001
Officials of Lockheed Martin, Houston, announced today that they have signed an agreement with Compaq Global Services to support a comprehensive services program focused on delivering the benefits...
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Apr 16, 2001
Officials of Lockheed Martin's Consolidated Space Operations Contract (CSOC) announced today that plans are underway to support an Advanced Space Communications Demonstration at the National...
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Apr 13, 2001
Lockheed Martin , along with a host of participating sponsors, is organizing a major Information Technology conference for communities in the mid-Columbia region of Washington State on Wednesday,...
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Apr 10, 2001
The U.S. Air Force has given the Lockheed Martin team an "exceptional" rating and a $2.8 million award fee for its management of the Integrated Space Command and Control (ISC2) program during the...
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Apr 9, 2001
The Lockheed Martin Joint Strike Fighter propulsion team has completed accelerated mission testing (AMT) for the X-35B demonstrator's short-takeoff/vertical landing propulsion system -- one of the...
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Apr 7, 2001
The 2001 Mars Odyssey spacecraft, designed and built by Lockheed Martin Space Systems - Astronautics Operations for the National Aeronautics and Space Administration (NASA) and Jet Propulsion...
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Apr 3, 2001
Mitsubishi Heavy Industries (MHI), the prime contractor for Japan's new F-2 support fighter, has awarded a fifth annual contract to Lockheed Martin Aeronautics Co. for tasks in the manufacture of...
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Apr 2, 2001
Lockheed Martin Missiles and Fire Control and a team of major international aerospace and defense companies today announced the official formation of Team Janus, which is competing for the pending...
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Mar 31, 2001PAC-3 Missile Perfect in Flight Testing -- Seventh Intercept in a Row
Lockheed Martin Missiles and Fire Control - Dallas, the Ballistic Missile Defense Organization and the U.S. Army conducted yet another successful flight of a Patriot Advanced Capability (PAC-3)...
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Mar 27, 2001
The US Trade and Development Agency signed a Letter of Approval authorizing Lockheed Martin Air Traffic Management (LMATM), a business unit of Lockheed Martin Corporation , to conduct an air...