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),...

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,...

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....

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...