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.
India launches remote-sensing satellite Oceansat2September 23rd, 2009 SRIHARIKOTA - India successfully launched its 16th remote-sensing satellite Oceansat-2 and six small Europeans satellites on board a rocket that blasted off from here at 11.51 a.m. Wednesday. The 44.4-metre tall, 230-tonne Indian rocket Polar Satellite Launch Vehicle (PSLV) freed itself from the launch pad at the spaceport and lifted itself up, lugging the 960-kg Oceansat-2 and the six nano satellites all together weighing 20 kg.
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.
Air Force report on F-22 crash in Calif. says pilot nearly lost consciousness in maneuverAugust 5th, 2009 Fatal F-22 crash in Calif. linked to maneuverLOS ANGELES — An Air Force F-22 Raptor jet fighter crashed in the California desert this year after the pilot apparently almost lost consciousness in a maneuver under high gravitational force then ejected because he was too low to recover, an investigation board found.
Avionics company launches low-altitude rocket at New Mexico SpaceportAugust 4th, 2009 Low-altitude rocket launched in New MexicoUPHAM, N.M. — An Orlando, Fla.-based avionics company successfully fired a low-altitude rocket Tuesday at a new spaceport in New Mexico where the state hopes to launch commercial space tourism flights within two years.
India to launch US-made satellites on commercial termsJuly 29th, 2009 BANGALORE - The technology safeguard agreement (TSA) signed recently paves the way for India to launch US-made satellites from its spaceport at Sriharikota in Andhra Pradesh, a top space agency official said Wednesday. "Space cooperation with the US has been high on the government agenda.
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.
New Mexico spaceport breaks ground on terminal and hangar facilityJune 19th, 2009 Ceremony marks New Mexico spaceport launchUPHAM, N.M. — A multimillion-dollar spaceport is moving toward construction in the New Mexico desert, a big step for commercial space development and tourists who will suit up for $200,000 suborbital flights.
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.
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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