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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Nov 2, 2000
The U.S. Air Force F-16 fleet achieved an excellent safety record during fiscal year 2000, which ended Sept. 30. The USAF F-16 fleet experienced only 2.63 major mishaps per 100,000 flight hours....
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Oct 31, 2000
The Lockheed Martin Joint Strike Fighter (JSF) team has successfully demonstrated revolutionary all- weather precision targeting and combat identification techniques for both fixed and mobile targets.
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Oct 26, 2000
Lockheed Martin Aeronautics Company is assembling the first of the longer C-130J Hercules tactical airlifters being acquired by the U.S. Air Force. The USAF's newest transport aircraft has now...
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Oct 26, 2000
Lockheed Martin Aeronautics Company has selected Hamilton Sundstrand, San Diego, Calif., as the Auxiliary Power Unit (APU) supplier for the U.S. Air Force's C-5 Galaxy Reliability Enhancement and...
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Oct 26, 2000
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 29, 2000 to holders of...
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Oct 26, 2000
LOCKHEED MARTIN CORPORATION Consolidated Results Preliminary and Unaudited (In millions, except for per share data and percentages) Quarter Ended Year To Date September 30, September 30, % % 2000...
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Oct 26, 2000Third Quarter 2000 Achievements
In announcing third quarter 2000 earnings, Vance Coffman cited additional events, program awards and Mission Success achievements during the quarter with positive implications for Lockheed...
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Oct 26, 2000
Reaffirms 2000 and 2001 Earnings Per Share Outlook at About $1.05 and $1.25, Respectively; Longer-Term Projected Annual Earnings Growth of 15 -25 Percent Reaffirms Free Cash Flow Estimate of at...
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Oct 25, 2000
The Lockheed Martin team for the FAA Telecommunications Infrastructure (FTI) program today announced that it has formed key alliances with industry partners for communications solutions and...
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Oct 25, 2000
An F-16 equipped with a revolutionary "power by wire" flight-control subsystems package made its first flight on Oct. 24. The flight demonstrates a new generation of technologies destined to...
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Oct 24, 2000
Today the Lockheed Martin Joint Strike Fighter (JSF) X-35A took off at 9:06 a.m. Pacific Daylight Time on its historic and successful first flight, marking its entry into the flight-test program...
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Oct 24, 2000
As part of Lockheed Martin Management & Data Systems' (M&DS) business strategy to take intellectual property to the commercial marketplace, the Company launched FltWinds(TM), a unique flight and...
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Oct 23, 2000
Lockheed Martin announced today that the high-performance color display system, known as the Automated Radar Terminal System (ARTS) Color Display (ACD), is operational at the New York, Dallas/Fort...
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Oct 23, 2000
Lockheed Martin invites you to listen to its third quarter earnings results conference call from 2-3 p.m. EDT, Thursday, October 26. The webcast can be heard on the Lockheed Martin website,...
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Oct 23, 2000
With the successful completion of taxi tests, the Lockheed Martin X-35A Joint Strike Fighter (JSF) demonstrator has finished all major pre-flight trials. The stage is now set for the aircraft's...
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Oct 19, 2000Michelin and Lockheed Martin Team to Deliver Tires Anywhere in the World Within Four Days
Michelin Aircraft Tire Corp. (Michelin) has been awarded a five-year, $70 million contract by the U.S. Navy to provide around-the-clock, worldwide, on-time delivery of 23 types of naval aviation...
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Oct 19, 2000
Lockheed Martin Corporation today announced that Louis R. Hughes, the company's President and Chief Operating Officer, would leave the Corporation effective October 31. Hughes, who has been in the...
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Oct 18, 2000
Lockheed Martin was awarded a General Services Administration (GSA) Environmental Advisory Services (EAS) contract to provide environmental services to any federal customer. Under this...
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Oct 16, 2000TBMCS Will be Services' Planning, Execution Tool For Air Battle Management
Bringing the power of integrated information technology to air warfare, Lockheed Martin's advanced command and control (C2) system for air dominance, the Theater Battle Management Core Systems...
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Oct 16, 2000Intercept is Eighth Consecutive Success For The PAC-3 Missile
Lockheed Martin Missiles and Fire Control - Dallas, the Ballistic Missile Defense Organization and the U.S. Army conducted another successful flight of a Patriot Advanced Capability (PAC-3)...
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Oct 16, 2000
Lockheed Martin Aeronautics Company will begin providing electronic technical data to the air forces of all 19 countries using the F-16. This year-long pilot program is expected to provide highly...
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Oct 12, 2000Agreement Extends Diamond Phoenix's Full- and Split-Case Distribution Capabilities and Provides Lockheed Martin Further Penetration In Material Handling Markets
Diamond Phoenix Corp., a leading manufacturer of high-performance material handling carousel and order-fulfillment systems, has been selected by Lockheed Martin Systems Integration - Owego as the...
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Oct 10, 2000
An F-16 fully covered with a new-generation "paintless" film has made a series of successful test flights - - including one at almost twice the speed of sound -- validating the use of appliques...
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Oct 10, 2000ManageMail(TM) Solution Completes Vision of Universal Mail Management by Making Automatic Sorting of Incoming and Interoffice Mail Faster, More Accurate
Fortune 500 companies, universities, and government organizations will be able to improve the efficiency and accuracy of incoming and interoffice mail delivery within the enterprise with an...
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Oct 9, 2000
The U.S. Air Force has selected Lockheed Martin to sustain and upgrade its ground control centers that operate mission critical research satellites. The five-year, $31 million contract, awarded by...
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Oct 9, 2000
Marcus C. Hansen, president, Lockheed Martin Management & Data Systems (M&DS) received the Outstanding Science Alumni Award from Pennsylvania State University, Eberly College of Science. Hansen...
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Oct 3, 2000* Magnetic Levitation Technology Holds Promise of Relieving Traffic Congestion * 'Command and Control' Needed for High Speed Travel
Lockheed Martin and Transrapid International-USA (TRI) have teamed to apply magnetic levitation (maglev) technology to high-speed ground transportation in the U.S. The two companies have signed an...
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Oct 3, 2000Sophisticated Design Enhancements Will Benefit Processing and Distribution Centers Around the World
Lockheed Martin Systems Integration - Owego now offers advanced technology for automatic data collection on cartons, boxes and parcels. The company's Distribution Technologies unit has developed a...
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Oct 2, 2000
The Lockheed Martin Joint Strike Fighter (JSF) team recently completed radar cross-section (RCS) tests of a full-scale highly detailed JSF model, validating its stealthy shape, the resilience of...
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Sep 27, 2000
For the third time in four years, Lockheed Martin has been selected as the recipient of the Air Traffic Control Association's Industry Award. The award, which recognizes outstanding achievement...
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Sep 20, 2000Upgrade for air, missile, space systems has potential $1.5 billion value; Modernization replaces older systems, brings new capability; Information sharing, real-time data to commanders, warfighters
The U.S. Air Force has selected the Lockheed Martin team to modernize its air, missile and space command and control (C2) systems in a program valued at approximately $1.5 billion. Under the...
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Sep 20, 2000
Lockheed Martin Chairman and CEO Vance Coffman today announced that he expects an increase in the Corporation's estimated year 2000 free cash flow to at least $1.5 billion versus the previous...
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Sep 19, 2000
Dorie C. Tuggle has been named Senior Manager, Diversity and Equal Employment Opportunity Programs for Lockheed Martin Aeronautics Company's operations in Marietta. In this role, she is...
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Sep 18, 2000
Lockheed Martin will webcast live its annual Analyst/Professional Investor Conference on Thursday, September 21, 2000 from 8 a.m. EST to 1:30 p.m. EST. The webcast will feature audio of conference...
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Sep 18, 2000
The U.S. Air Force recently released a software upgrade that significantly increases the combat capability of its F-16 Block 50 aircraft by including the latest U.S. "smart weapons." Three new...
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Sep 18, 2000
On August 30, the U.S. Marine Corps' new KC-130J aerial refueler achieved a major test milestone when its drogue was successfully engaged by a Navy F/A-18 at NAS Patuxent River, MD. (Photo:...
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Sep 14, 2000
Lockheed Martin Missiles and Fire Control -- Dallas successfully conducted two simultaneous tests of the Multiple Launch Rocket System (MLRS) upgraded M270A1 launcher and the Army Tactical Missile...
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Sep 14, 2000
Lockheed Martin said today that it and BAE SYSTEMS, North America, Inc. each had received requests for additional information from the Antitrust Division of the U.S. Department of Justice (DoJ)...
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Sep 13, 2000Lockheed Martin Focuses Corporatewide Resources To Modernize and Refresh Military Electronic Systems
Drawing on its extensive experience in aeronautics, space, electronics, systems engineering and integration, Lockheed Martin Corporation today announced a broad new business initiative to address...
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Sep 12, 2000
A new advance in simulation architecture is promising lower training expenses for the Lockheed Martin Joint Strike Fighter (JSF) program. Dutch industrial and scientific research groups, working...
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Sep 11, 2000
Lockheed Martin Aeronautics has initiated full production use of a new standard for technical data exchange with its suppliers. The standard will provide significant improvements in accuracy, cost...
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Sep 11, 2000- Companies Agree to Provide Products to Improve the Management and Delivery of Mail, Messages and Merchandise -
Microsoft Corporation and Lockheed Martin Distribution Technologies are partnering to develop new products and services based on commercial-off-the-shelf software and hardware that will link mail...
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Sep 8, 2000
Lockheed Martin Aircraft & Logistics Centers has been awarded ISO 9001 registration from the independent registrar BSI, Inc., of Reston, Va. ISO is a non-governmental worldwide body established in...
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Sep 6, 2000
The Lockheed Martin Joint Strike Fighter (JSF) team has completed the development and integration of the aircraft's avionics systems, further validating the LM design's unprecedented combination...
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Sep 5, 2000
The United States Navy has awarded Lockheed Martin a contract for systems engineering, activation, operations and maintenance support services at the Surface Combat Systems Center (SCSC) site in...
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Sep 1, 2000
Lockheed Martin Corporation today announced a plan to establish an advanced Propulsion, Thermal, and Metrology Center at the John C. Stennis Space Center, Mississippi. The plan represents a...
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Aug 31, 2000
The Army Tactical Missile System (ATACMS) Block II Missile, built by Lockheed Martin, successfully dispensed 13 tactical BAT submunitions during the third developmental flight test of the Block II...
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Aug 30, 2000
An Army Tactical Missile System (ATACMS) Block II missile successfully dispensed 13 Brilliant Anti-Armor (BAT) submunitions against a remotely-controlled array of 21 targets moving on the Zumwalt...
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Aug 28, 2000
Lockheed Martin Management & Data Systems (M&DS) has been awarded an $8.8 million contract to be the Systems Integrator for the Pennsylvania State Police Criminal Investigative and Traffic Safety...
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Aug 23, 2000
Lower procurement and life-cycle costs, reduced takeoff weight and increased survivability are among the projected benefits of a technologically advanced integrated aircraft subsystems package for...
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Aug 22, 2000
On 16 August, the first C-130J for the Italian Air Force departed the Lockheed Martin facility in Marietta. The aircraft was ferried to its new base in Pisa, where it will be operated by the...
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Aug 21, 2000* Component of Army Battle Command System * Key element of Army battlefield digitization strategy
Lockheed Martin's Global Command and Control System -- Army (GCCS-A), a prime component of the Army's Battle Command System (ABCS), has been implemented as the command and control (C(2)) system of...
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Aug 17, 2000
An American-Dutch industrial partnership today successfully demonstrated a new technology that will enable Lockheed Martin Joint Strike Fighter (JSF) pilots to conduct complex training simulations...
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Aug 17, 2000
Lockheed Martin Naval Electronics & Surveillance Systems (NE&SS)-Moorestown today received its first subcontract payment from a Spanish shipbuilder for five integrated weapon systems (IWS) for the...
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Aug 16, 2000
Lockheed Martin Space Operations has turned over another new flight control room to NASA, the third in the last six years. The latest addition to the NASA Johnson Space Center, the Training Flight...
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Aug 10, 2000
The Lockheed Martin Joint Strike Fighter (JSF) team has selected Martin-Baker as the ejection seat supplier for the JSF -- a decision based on the seat's high technology, safety and cost...
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Aug 4, 2000
Lockheed Martin Aeronautics Company has selected the General Electric CF6-80C2 powerplant for the Air Force Reliability Enhancement and Re-engining Program (RERP) for the C-5 Galaxy. Procurement...
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Aug 4, 2000
Airbus Industrie and Lockheed Martin Aeronautics Company have signed a Memorandum of Understanding to cooperate on a number of aeronautical initiatives, including support systems and process...
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Aug 2, 2000
The following was released today by the U.S. Army Program Executive Office for Air and Missile Defense: The Patriot PAC-3 Missile system achieved another success during a flight test Friday, July...
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Aug 2, 2000
The Italian Ministry of Defence (MoD) has formally accepted the first three of 22 Lockheed Martin C-130J Hercules airlifters it has on order. Two of these aircraft will be delivered within the...
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Jul 28, 2000
Work-Links, a government-to-citizen Internet information delivery system designed by Lockheed Martin Information Support Services, was center stage at the e-gov 2000 Pioneer Awards Luncheon at the...
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Jul 27, 2000
The Lockheed Martin C-130J Hercules airlifter and the new C-27J Spartan tactical transport were brought together for the first time at Farnborough 2000, the biennial international air show now...
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Jul 26, 2000
In a significant milestone for the Royal Australian Air Force (RAAF), the Australian Defence Force has given the Lockheed Martin C-130J Hercules transport its Military Type Certification. This...
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Jul 25, 2000
Lockheed Martin Naval Electronics & Surveillance Systems (NE&SS)-Surface Systems and BAE SYSTEMS today announced that the two companies are jointly pursuing a Feasibility Study to determine if...
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Jul 21, 2000
Lockheed Martin Aeronautics Company has begun inspecting composite F-22 parts using its patented laser ultrasonic technology system, known as LaserUT(TM). This technology enables affordable,...
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Jul 21, 2000
The U.S. Department of State has notified Congress that Singapore intends to purchase 20 new production F-16C/D aircraft manufactured by Lockheed Martin Aeronautics Company. Deliveries of the new...
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Jul 21, 2000
The Lockheed Martin press briefing featuring Argentine Minister of Defense Lic. Ricardo Lopez Murphy that was scheduled at the corporation's Farnborough International 2000 air show Partnership...
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Jul 20, 2000
Lockheed Martin Corporation will join with several large European aerospace and defense companies to make a major announcement regarding an international partnership at the Farnborough Air Show....
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Jul 20, 2000
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 29, 2000, to holders of...
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Jul 20, 2000
LOCKHEED MARTIN CORPORATION Consolidated Results Preliminary and Unaudited (In millions, except for per share data and percentages) QUARTER ENDED JUNE 30, YEAR TO DATE JUNE 30, 2000 1999 % Change...
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Jul 20, 2000
Generates $1.0 Billion of Free Cash Flow in the Quarter; Raises Free Cash Flow Guidance by $400 Million in 2000 Records $16.7 Billion in New Orders to Achieve Record Backlog of $57.1 Billion...
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Jul 18, 2000
A commercial coalition comprising two widely recognized corporations will provide product-support and supply-chain management guidance for the Lockheed Martin Joint Strike Fighter (JSF) team. The...
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Jul 17, 2000
On July 13, Lockheed Martin Aeronautics Company received a contract from the U.S. Air Force for Combined Life-Time Support (CLTS) for several major F-16 upgrade systems. The four- month initial...
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Jul 17, 2000Data Center and Technology Sharing Agreement to Provide Support for Japan and US-Based Global Customer Requirements
Lockheed Martin's Integrated Business Solutions Company (IBS) released today additional information on the formation of a comprehensive information technology services alliance with the Toshiba...
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Jul 14, 2000
Lockheed Martin participated in ceremonies today as the Federal Aviation Administration (FAA) officially declared the new air traffic control system operational at the 20th and final Air Route...
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Jul 14, 2000
The government of Thailand has signed a Letter of Agreement (LOA) for 16 F-16A/B Block 15 aircraft in the Air Defense Fighter configuration. The aircraft are inventory United States Air Force...
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Jul 14, 2000
In a significant milestone for the Italian Air Force, the Italian Ministry of Defence (MoD) has given the Lockheed Martin C-130J Hercules transport its Military Type Certification. This approval...
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Jul 13, 2000
Several thousand employees of Lockheed Martin Aeronautics Company celebrated their receipt of the coveted Shingo Prize for Excellence in Manufacturing in events today at the company's Fort Worth...
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Jul 13, 2000
Lockheed Martin Naval Electronics & Surveillance Systems (NE&SS) announced today that Microsoft Federal Systems is joining the Integrated Warfare Systems (IWS) Team supporting the design and...
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Jul 13, 2000Transaction Expected to Close Around Year-End
Lockheed Martin Corporation and BAE SYSTEMS North America, Inc. announced today that they have reached a definitive agreement under which BAE SYSTEMS North America will acquire Lockheed Martin's...
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Jul 13, 2000
Lockheed Martin's Integrated Business Solutions Company announced today that it has completed a partnership agreement with FutureInternet Ltd., located in Seoul, Korea. The alliance partnership...