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.
Virginia Gov. announces SAIC to move headquarters from San Diego to VirginiaSeptember 24th, 2009 Calif. defense contractor moving to Va.McLEAN, Va. — Defense contractor SAIC Inc.
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 $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 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.
Higher pension costs push Lockheed Martin second-quarter earnings down 17 percentJuly 21st, 2009 Lockheed Martin 2Q profit down 17 percentWASHINGTON — Lockheed Martin Corp. said its second-quarter earnings fell nearly 17 percent, as large pension expenses dug into the defense contractor's bottom line and the company's government-services unit posted disappointing results.
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.
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 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.
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.
Abhinav Bindra to fly aboard F-16IN at Aero India-2009February 5th, 2009 BANGALORE - Ace Indian shooter and the country's first Olympics gold medallist Abhinav Bindra will fly aboard Lockheed Martin's fighter jet F-16IN at the Aero India international air show here Feb 12, it was announced Friday. With this, Bindra enters the exclusive club of personalities including Ratan Tata, who flew the F-16 in 2007, and former president A.P.J.
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