New Mexico spaceport announces successful launch of test vehicle by Lockheed MartinOctober 12th, 2009 Lockheed Martin launches test flight in New MexicoUPHAM, N.M. — Officials say Lockheed Martin successfully launched a test flight vehicle over the weekend at New Mexico's spaceport.
Hinchey: Internal Navy document shows new presidential helicopter triples cost, slows deliveryOctober 7th, 2009 Hinchey: Cost of new presidential copter to tripleWASHINGTON — An internal Navy document shows new plans to replace the president's fleet of helicopters will cost taxpayers more and take years longer to deliver than a recently scrapped contract, a New York Democrat said Wednesday. Rep. Maurice Hinchey said the Pentagon's plan to abandon aircraft built by Lockheed Martin Corp.
Congressman says Navy document shows new presidential helicopter triples cost, slows deliveryOctober 7th, 2009 Lawmaker: Cost of new presidential copter tripledWASHINGTON — An internal Navy document shows new plans to replace the president's fleet of helicopters will cost taxpayers more and take years longer to deliver than a recently scrapped contract, a New York Democrat said Wednesday. Rep. Maurice Hinchey said the Pentagon's plan to abandon aircraft built by Lockheed Martin Corp.
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.
Navy revises Littoral Combat Ship plans, set to pick only 1 contractor to build fleetSeptember 16th, 2009 Navy revises Littoral Combat Ship buying planWASHINGTON — The Navy said Wednesday it will select either Lockheed Martin Corp. or General Dynamics Corp., but not both, to build a fleet of small, speedy Littoral Combat Ships.
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 $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.
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.
Navy: Delivery of Lockheed Martin's F-35 by 2015 is critical, or risk fighter jet shortfallMay 14th, 2009 Navy: F-35 fighter jets needed by 2015 deadlineWASHINGTON — The chief of naval operations said Thursday on-time delivery of Lockheed Martin Corp.'s next-generation Joint Strike Fighter will be critical in closing the gap of the fighter jets needed to match current and future threats. Navy Adm. Gary Roughead told the House Armed Services Committee that the service's current fleet of legacy F-18s from Boeing Co.
Lockheed Martin boosted lobbying spending as big programs face threatsMay 12th, 2009 Lockheed ramped up lobbying in 1QWASHINGTON — Lockheed Martin Corp. significantly increased the amount of money it spent lobbying Congress and the Pentagon during the first quarter as it fought to stave off proposed cuts to some of its major weapons programs.
US Navy reveals warship of the futureMay 11th, 2009 WASHINGTON - The US Navy has come out with America's next generation of warship that is designed to tackle the modern threats of piracy and terrorism. The Littoral Combat Ship is a new generation high-speed warship designed to carry out a range of operations
With a top speed of 50 knots (60 mph), the Littoral Combat Ship (LCS), is a small, fast, manoeuvrable ship equipped to tackle almost any situation, reports The Telegraph.
Lockheed Martin briefs Indian Navy on Aegis missile defence systemApril 23rd, 2009 NEW DELHI - US aerospace major Lockheed Martin has briefed the Indian Navy on its ship-mounted Aegis ballistic missile defence system and is also open to integrating it with indigenously developed armament, company officials said Thursday. 'We have briefed the Indian Navy on what is the only system that can cope with the highest state-of-the art threats,' Dan Howard, Lockheed Martin's senior advisor for Asia and Pacific affairs, said at a select media interaction here.
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