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.
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 $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.
NASA's Orion spacecraft passes significant design milestoneSeptember 2nd, 2009 WASHINGTON - NASA's Orion spacecraft has passed a significant design milestone by completing the Orion Project's preliminary design review (PDR), and thus taking a major step toward building the next crew exploration vehicle. Orion is being designed to carry astronauts to the International Space Station and other destinations.
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.
Lockheed Martin selects Raytheon for F-16 protection suiteFebruary 10th, 2009 BANGALORE - The race for an Indian Air Force (IAF) order for 126 combat jets just got hotter with US defence major Lockheed Martin opting to equip its F-16IN Super Viper with electronics giant Raytheon's protection suite, which the company described as the 'world's most advanced electronic warfare system'. The two companies announced the tie-up on the sidelines of the seventh edition of the Aero India international air show that opened here Wednesday.
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.