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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Aug 17, 2009
Lockheed Martin Space Systems Company, a major business area of the Lockheed Martin Corporation , today announced employment reductions aimed at improving its competitive posture. Space Systems...
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Aug 17, 2009Contract with Army Medical Command Valued at $193 Million
The Department of Defense consolidation of military medical facilities will receive logistics support from Lockheed Martin under a new contract with the U.S. Army Medical Command. The total value...
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Aug 17, 2009Contract Adds to Lockheed Martin's Growing Energy Portfolio
Lockheed Martin announced today that it was awarded a three-year contract by Pepco Holdings, Inc., to implement energy efficiency and conservation programs and services for its Pepco...
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Aug 17, 2009
The U.S. Navy awarded Lockheed Martin a contract valued at almost $93 million for engineering services and support of the AN/BVY-1 Integrated Submarine Imaging System (ISIS) and for production of...
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Aug 17, 2009Next-Generation GPS III System Progressing on-schedule in Critical Design Review Phase
A modernized Global Positioning System Block IIR (GPS IIR-M) satellite, designed and built by Lockheed Martin for the U.S. Air Force was successfully launched today from Cape Canaveral Air Force...
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Aug 14, 2009
A short takeoff/vertical landing (STOVL) variant of the Lockheed Martin F-35 Lightning II stealth fighter has become the first F-35 to complete an aerial refueling test using the Navy- and Marine...
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Aug 13, 2009
Lockheed Martin announced today that the Beam Control/Fire Control system for the U.S. Missile Defense Agency's Airborne Laser (ABL) has focused and directed a low-power laser beam in an...
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Aug 13, 2009
Lockheed Martin's first four operational Joint Light Tactical Vehicle (JLTV) prototypes, featuring at least one prototype in each vehicle category and including two variants of the Category B...
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Aug 13, 2009Former Space Shuttle Commander Assumes Key Role on SEI Program
Lockheed Martin announced that Pam Melroy has joined the Exploration and Science team as Director and Deputy Program Manager of the Space Exploration Initiatives (SEI) Program Office. (Photo:...
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Aug 13, 2009Effort designed to ensure essential communications continue through cyber attacks
Military operations threatened by persistent cyber attacks will benefit from mission assurance and resilience through cyber security solutions being developed by Lockheed Martin . The "Mission...
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Aug 12, 2009
The Aegis Weapon System destined for Australia's first Air Warfare Destroyer began a four month testing program today at Lockheed Martin 's Aegis Production Test Center. When testing concludes,...
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Aug 11, 2009
Lockheed Martin broke ground today on two new facilities at its Space Systems Company operations in Newtown, Pennsylvania, that will support spacecraft programs for government and commercial...
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Aug 11, 2009
Roger Rose has been named Chief Executive - Lockheed Martin India, with responsibility for coordinating the Corporation's relationship and ongoing program execution in India. Rose succeeds Douglas...
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Aug 10, 2009
The last in a series of eight modernized Global Positioning System Block IIR (GPS IIR-M) satellites built by Lockheed Martin [NYSE: LMT] for the U.S. Air Force is set to launch aboard a Delta II...
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Aug 7, 2009New technology provides greater situational awareness for warfighters operating in the field
Warfighters operating in theatre may soon have greater situational awareness with the added ability to download high-value tactical data anywhere in the field on smartphones loaded with new...
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Aug 5, 2009
The Medium Extended Air Defense System (MEADS) program has successfully completed Critical Design Reviews (CDRs) for all major components, clearing the way for production of radars, launchers,...
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Aug 4, 2009
The U.S. Environmental Protection Agency (EPA) has recognized Lockheed Martin as one of the country's top green power purchasers. The corporation is a member of the EPA's Green Power Partnership....
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Aug 4, 2009
The guided missile cruiser USS Bunker Hill (CG 52), recently modernized with Lockheed Martin 's open architecture Aegis Weapon System, completed an operational trial of its full combat system. The...
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Aug 3, 2009Personnel Moves Strengthen IS&GS Business Area
Lockheed Martin today announced that Vice President and Controller Martin T. Stanislav has been named Vice President, Finance & Business Operations for the Corporation's Information Systems &...
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Aug 3, 2009
Charles "Willy" Moore has been named Chief Executive - United Arab Emirates for Lockheed Martin Global, Inc., with responsibility for coordinating the corporation's relationship and ongoing...
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Aug 3, 2009
The Lockheed Martin -led industry team submitted its proposal for the Littoral Combat Ship (LCS) fiscal year 2010 contract to the U.S. Navy on July 31. The Program Executive Office, Ships, is...
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Jul 31, 2009
Lockheed Martin Corporation today announced that it is conducting an online survey of stockholders to obtain feedback on its executive compensation practices. The survey results will be reviewed...
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Jul 31, 2009
Lockheed Martin's Aegis Ballistic Missile Defense (BMD) System today destroyed a ballistic missile target in an at-sea firing under operationally realistic conditions. The event also successfully...
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Jul 30, 2009Cutting-Edge Intelligence Systems Play Key Role in Major Joint and Coalition Demonstration
Warfighters at Empire Challenge 09 are test-driving next-generation capabilities for managing and analyzing full-motion video feeds, thanks to a set of advanced video and geospatial intelligence...
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Jul 30, 2009Royal Navy Fleet Ballistic Missile Launched in Test in the Atlantic
The U.S. Navy supported the May 26 launch of a U.K. Royal Navy Trident II D5 Fleet Ballistic Missile (FBM) built by Lockheed Martin . The unarmed missile was launched from the submerged Royal Navy...
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Jul 29, 2009
Lockheed Martin has been awarded an $821 million maintenance, repair, and overhaul contract for the Customs and Border Protection (CBP) P-3 Orion fleet. The contract is for a base period of one...
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Jul 28, 2009
A ceremony today at Lockheed Martin's Fort Worth plant marked the rollout of the U.S. Navy's first-ever stealth fighter, the F-35C Lightning II. The aircraft will enable the Navy to possess 5th...
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Jul 27, 2009
The U.S. Army has awarded Lockheed Martin a $142 million follow-on production contract for the Apache Arrowhead system, the combat-proven, Modernized Target Acquisition Designation Sight/Pilot...
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Jul 24, 2009
The Lockheed Martin -led team developing the Space Based Infrared System (SBIRS) announced today that the second Highly Elliptical Orbit (HEO-2) payload and ground system modifications have been...
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Jul 23, 2009
Lockheed Martin is a major corporate sponsor of Forum on Earth Observations III: The Environmental Information Revolution, which will convene in Washington, D.C. on July 30, 2009. The Forum is...
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Jul 23, 2009
Lockheed Martin's team developing a Communications at Speed and Depth (CSD) capability for U.S. Navy submarines has successfully completed the system requirements review. The capability will...
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Jul 22, 2009
Lockheed Martin Corporation has entered into a definitive agreement to acquire Gyrocam Systems LLC (Gyrocam). Gyrocam develops and supplies gyrostabalized optical surveillance systems and...
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Jul 21, 2009- Second quarter net sales of $11.2 billion; Year-to-date net sales of $21.6 billion - Second quarter earnings per share of $1.88; Year-to-date earnings per share of $3.55 - Second quarter net earnings of $734 million; Year-to-date net earnings of $1.4 billion - Generated $1.1 billion in cash from operations for the quarter; $2.4 billion year-to-date - Reaffirms outlook for 2009 net sales, earnings per share, cash from operations, and return on invested capital (ROIC)
Lockheed Martin Corporation today reported second quarter 2009 net earnings of $734 million ($1.88 per diluted share), compared to $882 million ($2.15 per diluted share) in 2008. Net earnings in...
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Jul 20, 2009
The first of a new generation of military communications satellites built by Lockheed Martin for the U.S. Air Force has successfully completed final thermal vacuum testing at the company's...
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Jul 16, 2009Continuous Innovation in GPS Navigation Accuracy, Integrity, and Mission Effects
Lockheed Martin Corporation submitted its proposal to provide advanced navigation accuracy, integrity and mission effects solutions for the Global Positioning System (GPS) Advanced Control Segment...
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Jul 15, 2009
Lockheed Martin , in a joint venture with Granite State Manufacturing (GSM), received a $6.9 million contract from the U.S. Navy to design, test and manufacture an upgraded Multifunction Mast...
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Jul 14, 2009Radiant Mercury Provides Cyber Security For More Than 480 Systems
The U.S. Navy has awarded Lockheed Martin an indefinite-delivery indefinite quantity (IDIQ) contract to continue the development of Radiant Mercury, a secure Multi-National Information Sharing...
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Jul 14, 2009
Lockheed Martin will webcast live its Second Quarter 2009 Earnings Conference Call on Tuesday, July 21, 2009, at 11 a.m. EDT. Bruce Tanner, Executive Vice President & Chief Financial Officer and...
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Jul 14, 2009
The U.S. Army awarded Lockheed Martin a follow-on Performance Based Logistics (PBL) contract to support the Target Acquisition Designation Sight/Pilot Night Vision Sensor (TADS/PNVS) and...
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Jul 14, 2009
The U.S. Navy has awarded Lockheed Martin a $10 million firm-fixed-price contract to perform concept studies for the Air and Missile Defense Radar (AMDR), a scalable solid-state radar suite for...
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Jul 11, 2009Rep. Kay Granger (R-12-Texas), the Ship's Sponsor, Authenticated the Construction Milestone
A Lockheed Martin -led industry team held a keel-laying ceremony at Marinette Marine's shipyard today for Fort Worth, the U.S. Navy's third Littoral Combat Ship (LCS). The LCS is an agile warship...
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Jul 10, 2009Rating Reflects Disciplined, Proven Processes for Developing Complex Systems
A Lockheed Martin business unit has earned a top rating for the quality and maturity of its processes for developing and managing highly-complex technology systems. The company's Information Systems &
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Jul 9, 2009
Lockheed Martin was awarded the Weapons System Support Contract (WSSC) by the U.S. Air Force's Air Education Training Command (AETC) and the Weapons Systems Simulator Training & Support Contract...
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Jul 8, 2009
Lockheed Martin yesterday delivered the 14th of 16 C-130J Super Hercules to Little Rock Air Force Base, Ark. The aircraft will be assigned to the 41st Airlift Squadron, the first active-duty...
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Jul 8, 2009
The U.S. Air Force has awarded Lockheed Martin a five-year, $60 million contract to continue depot maintenance support for LANTIRN navigation and targeting pods at the Lockheed Martin Warner...
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Jul 7, 2009EQ-36 Radar Delivered After Live-fire Testing at Yuma Proving Ground
Lockheed Martin has delivered the first Non-Recurring Engineering Enhanced AN/TPQ-36 Counterfire Target Acquisition (EQ-36) Radar System to the U.S. Army. The EQ-36 radar's delivery on July 2...
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Jul 7, 2009
Lockheed Martin announced today that it will release a proprietary social media tool under an open source software license. The announcement, made at the Enterprise 2.0 conference in Boston, is...
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Jul 6, 2009
Lockheed Martin was awarded a $23 million contract for production of 12 Joint Air-to-Surface Standoff Missile-Extended Range (JASSM-ER) test missiles to be used in flights tests. Six of the...
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Jul 6, 2009
Lockheed Martin recently marked the production and delivery of the 1,000th Vertical Launch ASROC (VLA) missile during a ceremony at the company's Akron, OH, facility. The milestone VLA missile is...
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Jul 2, 2009
Lockheed Martin Corporation has been selected to compete for future task orders under the U.S. Air Forces Europe Advisory and Assistance Services contract. The Corporation is one of two awardees...