Lockheed Martin raises dividend 10.5 percent, to 63 cents per shareSeptember 24th, 2009 Lockheed Martin lifts dividend to 63 centsBETHESDA, Md. — Military contractor Lockheed Martin Corp.
Lockheed Martin gets $111.5 million deal from Army for 1,152 guided rocket systemsSeptember 14th, 2009 Lockheed Martin gets $111.5M defense dealWASHINGTON — Lockheed Martin Corp. recently received a $111.5 million contract from the Army for 1,152 guided multiple launch rocket systems, the Pentagon said late Monday.
Lockheed Martin gets $13.5 million Navy deal for services on DDG-51 destroyersSeptember 4th, 2009 Lockheed Martin gets $13.5M Navy dealWASHINGTON — A division of Lockheed Martin Corp. received a $13.5 million contract boost from the Navy for management and engineering services for the DDG-51 destroyer, the Pentagon said late Friday.
Lockheed Martin gets $421.1 million Air Force pact for services for Air and Space OperationsSeptember 2nd, 2009 Lockheed Martin gets $421.1M Air Force pactWASHINGTON — A unit of Lockheed Martin Corp. received a $421.1 million contract boost from the Air Force for services for the Air and Space Operations Center, the Pentagon said late Wednesday.
Lockheed Martin sets up new missile defense systems operating unitAugust 25th, 2009 Lockheed Martins starts missile defense unitHUNTSVILLE, Ala. — Lockheed Martin Space Systems Co., a division of defense contractor Lockheed Martin Corp., said Tuesday that it has established a new missile defense systems operating unit based in Huntsville, Ala.
Lockheed Martin gets $25.1 million defense pact for hardware to upgrade Virginia class subsAugust 19th, 2009 Lockheed Martin gets $25.1M defense pactWASHINGTON — Lockheed Martin Corp., the nation's largest defense contractor, received a $25.1 million contract boost from the Navy for hardware to upgrade the Virginia Class attack submarine, the Pentagon said late Wednesday. The hardware will be used for a sonar system upgrade, which has already been integrated into the first 10 ships of the class as part of the modernization program.
Lockheed Martin to cut jobs at space systems unit, primarily in Denver and Sunnyvale, Calif.August 17th, 2009 Lockheed Martin to cut 800 jobs in space systemsDENVER — Lockheed Martin says it will eliminate 800 jobs across its space systems division, largely in two facilities in Colorado and California. The reductions represent about 4.5 percent of the overall workforce.
UPS chief says company not spending too much on lobbying federal governmentJuly 23rd, 2009 On the call: UPS CEO Scott DavisCorporations spend a lot of money lobbying Congress and federal agencies on everything from labor issues to government regulations. UPS, also known as United Parcel Service, is no exception.
AMA, Eli Lilly and Co. lead health sector in lobbying spending in year's second quarterJuly 20th, 2009 Doctors, Eli Lilly and Co. lead in health lobbyingWASHINGTON — The country's largest doctors' group and one of the nation's biggest pharmaceutical companies reported spending more money than other health care organizations on lobbying in the second quarter of this year.
Lockheed gets Air Force satellite contract worth $262 millionJuly 11th, 2009 Lockheed gets $262M Air Force ContractWASHINGTON — The Air Force said Friday that it has awarded a $262 million satellite contract to a division of Lockheed Martin Corp. The contract is for long lead parts and material procurement for the Air Force's fourth Space Based Infrared Systems Geosynchronous Earth Orbit Satellite and a payload.
Senate panel adds $1.75 billion to Pentagon budget for 7 of Lockheed's F-22 fighter jetsJune 25th, 2009 Senators add $1.75B to DOD budget for F-22'sWASHINGTON — Senators on Thursday added $1.75 billion to a Pentagon budget proposal for seven more of Lockheed Martin Corp.'s F-22 fighter jets, setting the stage for a battle with the Obama administration. The Senate Armed Services Committee added the funds in its version of the fiscal 2010 defense spending bill.
A look at how much major industries increased spending on lobbying in the past few yearsJune 18th, 2009 Many industries are spending more on lobbyingHere's the rate at which major industries increased spending on lobbying in Washington between 2006 and 2008:
— Oil & Gas: 73 percent
— Air Transport: 59 percent
— Electric Utilities: 43 percent
— Pharmaceuticals/Health Products: 29 percent
— Business Associations: 24 percent
— Misc. Manufacturing & Distributing: 21 percent
— Education: 17 percent
— Hospitals/Nursing Homes: 16 percent
— Insurance: 14 percent
— Computers/Internet: 4 percent
Source: Center for Responsive Politics, disclosure filings with U.S.
House committee adds $369 million for Lockheed's embattled F-22 fighter jetJune 17th, 2009 House committee adds $369M for Lockheed's F-22 jetWASHINGTON — Lockheed Martin Corp.'s F-22 program got an unexpected lift Wednesday after House lawmakers approved $369 million to continue production of the radar-evading fighter jets. The surprise amendment, likely to reopen a debate over the necessity of the Cold War planes that cost $140 million each, was approved by the House Armed Services Committee.
Lockheed Martin CFO says company willing to accept Pentagon plans to cap F-22 fighter jetsApril 21st, 2009 Lockheed CFO: Company accepts DOD decision on F-22WASHINGTON — A top executive at Lockheed Martin Corp. indicated Tuesday that it has accepted the Pentagon's proposal to cap production of the defense contractor's F-22 fighter jet, the latest sign the job-heavy program may not be revived.
Pilot killed in US fighter jet crashMarch 26th, 2009 WASHINGTON - The pilot of a F-22A fighter jet was killed when the aircraft crashed in California while on a test flight, news reports said. The pilot, 49-year-old David Cooley, was with the air force for 21 years, before he jointed contractor Lockheed Martin, the Los Angeles Times reported.
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