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...

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...

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)...

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...

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....

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)....

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...

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...

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...

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...

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...

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...

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...

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...

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...

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 &...

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...

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...

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...

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...

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...

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...

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...

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...

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,...