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 8, 2003Another First for the Transformational Weapon System
Lockheed Martin conducted a successful test of the transformational Line-of-Sight Antitank (LOSAT) Weapon System yesterday in which a Kinetic Energy Missile (KEM) was fired at short range at a...
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Aug 8, 2003
Lockheed Martin Corporation today announced an agreement, subject to standard closing conditions, for the sale of $850 million aggregate principal amount of its floating rate convertible...
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Aug 7, 2003
Lockheed Martin's board of directors today declared a regular quarterly dividend on the Corporation's common stock of 12 cents per share. The dividend is payable September 30, 2003 to holders of...
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Aug 6, 2003
Lockheed Martin Corporation announced today that it intends to offer to purchase for cash up to $1.15 billion in principal amount of two of its outstanding debt issues. The offer is for any and...
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Aug 6, 2003
Lockheed Martin Corporation announced today that it intends to offer up to $850 million of floating rate convertible debentures through an offering to qualified institutional buyers pursuant to...
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Aug 6, 2003
The Medium Extended Air Defense System (MEADS) demonstrated its ability to acquire, classify, track and destroy simulated aircraft and missile targets in a successful System Level Interface...
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Aug 5, 2003
Lockheed Martin received a $413.5 million contract today to begin the System Development and Demonstration (SD&D) phase of the Advanced Hawkeye (AHE) program for the U.S. Navy's E-2C Hawkeye...
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Aug 5, 2003
Lockheed Martin and the crews of the Spanish Navy frigate Alvaro de Bazan and the U.S. Navy destroyer USS Mason made history in late July with the successful completion of the first international...
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Aug 4, 2003ECG Program Milestone Met Ahead of Deadline; Lays Groundwork for Modernization of Air Traffic Infrastructure
Lockheed Martin has achieved government acceptance -- one month ahead of the contract schedule -- of a vital new air traffic radar and communications component, one of the first building blocks...
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Aug 4, 2003Restructure to Combine Naval Electronics & Surveillance Systems Units Into Single Enterprise with Common Systems and Processes
In a move to enhance customer satisfaction and strengthen its competitive advantage in design and integration of combat systems and sensors for maritime and related markets, Lockheed Martin is...
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Aug 1, 2003
Lockheed Martin announced today that it entered into definitive agreements to acquire ACS' federal government information technology (IT) business. Concurrently, ACS will acquire Lockheed Martin's...
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Jul 31, 2003
Lockheed Martin has completed an Integrated Technology Demonstration (ITD) under the $20 million U.S. Navy Component Advanced Development (CAD) Phase II contract of the Multi-mission Maritime...
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Jul 30, 2003
Senators Norm Coleman and Mark Dayton will host a Defense Forum Monday morning with several members from Minnesota's defense industry at the Eagan headquarters of Lockheed Martin. The purpose of...
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Jul 30, 2003
Lockheed Martin has appointed Mary L. Leopold controller for Naval Electronics & Surveillance Systems (NE&SS) - Tactical Systems. In this position, Leopold will have responsibility for financial...
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Jul 29, 2003- The Remaining Prerequisite for Production Decision
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),...
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Jul 28, 2003
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,...
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Jul 28, 2003
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....
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Jul 25, 2003
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...
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Jul 25, 2003
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...
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Jul 24, 2003* SALES INCREASED 23% TO $7.7 BILLION
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...
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Jul 22, 2003
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...
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Jul 18, 2003
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...
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Jul 17, 2003
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...
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Jul 17, 2003
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...
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Jul 17, 2003
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...
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Jul 17, 2003
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...
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Jul 16, 2003
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...
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Jul 16, 2003
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...
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Jul 16, 2003
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...
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Jul 16, 2003
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...
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Jul 14, 2003
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...
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Jul 11, 2003
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...
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Jul 11, 2003Process Improvement Guidance Integrates Systems Engineering, Software Development, and Integrated Product and Process Development
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...
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Jul 10, 2003Global Training Leader Provides System Upgrades for Military Simulators
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...
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Jul 9, 2003
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...
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Jul 9, 2003
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...
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Jul 8, 2003
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...
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Jul 8, 2003
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...
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Jul 7, 2003
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...
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Jul 2, 2003
Lockheed Martin's recent $9.6 million contract award from the U.S. Air Force for Phase 1 of the Preplanned Product Improvement (P3I) of the baseline Joint Air-to-Surface Standoff Missile (JASSM)...
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Jul 2, 2003
Lockheed Martin has formally joined the DD(X) National Team with the signing of a $175 million subcontract with Raytheon, the lead systems integrator. Lockheed Martin will leverage its naval...
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Jul 1, 2003
Lockheed Martin has received a $30 million Low-Rate Initial Production (LRIP) contract to begin producing the transformational Guided Multiple Launch Rocket System (GMLRS). The U.S. Army Aviation...
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Jun 27, 2003
Lockheed Martin demonstrated its strong commitment to the value of continued learning with an Education Fair held for employees today at its aeronautics plant here. Similar events were held...
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Jun 27, 2003'Integrated Systems and Solutions' Leverages Existing Expertise; Increases Focus on Customer's Mission Effectiveness
Lockheed Martin today announced the formation of a fifth business area that will leverage its existing and emerging capabilities to address customers' growing need for highly integrated systems...
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Jun 26, 2003
Lockheed Martin has successfully completed the initial phase of flight testing of a more powerful engine for the latest version of the F-16, the Block 60. The engine is a General Electric...
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Jun 26, 2003
Lockheed Martin and the Portuguese Air Force (PoAF) rolled out the first Portuguese F-16 aircraft to undergo a Mid-Life Update (MLU) during ceremonies today in Lisbon, marking the start of the...
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Jun 26, 2003
Lockheed Martin Corporation today announced that it has completed the acquisition of ORINCON Corporation International. Terms of the agreement were not disclosed. A systems integration and...
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Jun 26, 2003
The Air Force Research Laboratory at Eglin Air Force Base (AFB), FL awarded Lockheed Martin a $12 million contract for the Autonomous Wide Area Search Munition (AWASM) program, focused on...
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Jun 26, 2003
E.C. "Pete" Aldridge, Jr. has been elected to the Lockheed Martin Board of Directors, effective June 26th. Mr. Aldridge, 64, retired from government service in May. Aldridge is the former Under...
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Jun 25, 2003
The U.S. Air Force recently exercised a contract option associated with Phase III of the F-16 Common Configuration Implementation Program (CCIP) by awarding Lockheed Martin $26.6 million for...