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Lockheed Martin

Aerospace and defense manufacturer

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Lockheed Martin: Aerospace and defense manufacturer
Lockheed Martin Corporation is an American global aerospace, defense, security and advanced technologies company with worldwide interests. It was formed by the merger of Lockheed Corporation with Martin Marietta in March 1995. It is headquartered in North Bethesda, Maryland, in the Washington, D.C., area. Lockheed Martin employs approximately 100,000 people worldwide as of December 2017.

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F-35 logistics system to be reinvented and renamed, official says

The computer-based logistics system of the F-35 stealth fighter jet made by Lockheed Martin , which has been plagued by delays, will be replaced by another network made by the same company, a Pentagon..
Reuters - Published

Preparing the next generation of GPS

Originally developed by the U.S. military, the Global Positioning System (GPS) as we now know it became operational in 1995, and has since become vital to nearly every facet of modern life, from our..
CBS News - Published

Videos for Lockheed Martin


NASA's Moon to Mars exploration program [Video]NASA's Moon to Mars exploration program

NASA's Moon to Mars exploration program first proposed in 2015 consists of three phases.

Credit: Reuters - 3D Animations (Next Me     Duration: 01:55Published

Wall Street drops on Mideast tensions [Video]Wall Street drops on Mideast tensions

Wall Street's major indexes fell from record highs Friday after a U.S. air strike in Iraq ratcheted up tensions in the Middle East and a bigger-than-expected contraction in the U.S. manufacturing..

Credit: Reuters Studio     Duration: 01:11Published

No urge to buy defense stocks: wealth manager [Video]No urge to buy defense stocks: wealth manager

Defense stocks like Lockheed and Northrop Grumman shot higher after the U.S. airstrike Friday, but Kendall Capital Management’s Clark Kendall says he has no urge to buy them now because they’re..

Credit: Reuters Studio     Duration: 03:50Published

Taiwan signs US arms deal for advanced F-16 jets: Report [Video]Taiwan signs US arms deal for advanced F-16 jets: Report

Taipei has signed a U.S. arms deal for 66 F-16V fighters, while upgrading older models to F-16V standard

Credit: Reuters - 3D Animations (Next Me     Duration: 01:23Published

NASA greenlights final assembly of Lockheed Martin's quiet supersonic jet prototype [Video]NASA greenlights final assembly of Lockheed Martin's quiet supersonic jet prototype

NASA says it has cleared the final assembly of Lockheed Martin's quiet supersonic jet prototype.

Credit: Reuters - 3D Animations (Next Me     Duration: 01:02Published

 

Pentagon announces F-35 jet prices for next three years

The Pentagon announced pricing details on Tuesday for its agreement with Lockheed Martin Co that lowers the cost of the F-35 jets it plans to purchase through 2022 by 12.7%, which may encourage other..
Reuters - Published

Air Force unveils next-gen 'Whiskey' helicopters to replace Pave Hawks: 'A beacon of hope'

Officials with Sikorsky, a Lockheed Martin company, showcased the next-generation HH-60W "Whiskey" helicopter Monday in Jupiter.
USATODAY.com - Published

'A beacon of hope to those on the ground': Air Force unveils next-gen helicopters to replace Pave Hawks

Officials with Sikorsky, a Lockheed Martin company, showcased the next-generation HH-60W "Whiskey" helicopter Monday in Jupiter.  
USATODAY.com - Published

U.S. backs proposed $6.5 billion sale of 32 F-35 Lockheed jets to Poland

The U.S. State Department said on Wednesday it had approved a proposed sale of 32 Lockheed Martin Corp F-35 fighter jets worth $6.5 billion to Poland.
Reuters - Published

Airbus pulls out of Canada fighter jet race, boosts Lockheed Martin's chances

Airbus SE on Friday pulled out of a multibillion-dollar competition to supply Canada with 88 new fighter jets, a decision that boosts the chances of rival Lockheed Martin Corp .
Reuters - Published

Canada launches contest to build new fighter jet; first delivery in 2025

Canada launched a long-delayed competition to build new fighter jets on Tuesday, and said it was confident no favoritism had been shown toward any one contender, though some in the industry have said..
Reuters - Published

Canada launches fighter jet competition, sees first aircraft delivery in 2025

Canada officially launched a long-delayed competition for new fighter jets on Tuesday, and said it was confident that there had been no favoritism toward any one contender though some have said the..
Reuters - Published

Lockheed awarded $1.48 billion Saudi missile defense contract: Pentagon

Lockheed Martin was awarded a $1.48 billion contract to build the THAAD missile defense system for Saudi Arabia, bringing the total value of the deal to $5.36 billion, the Pentagon said on Friday.
Reuters - Published

If India chooses F-21, it will plug into 'world's largest fighter plane ecosystem': Lockheed Martin

In April, IAF issued an RFI (Request for Information) or initial tender to acquire 114 jets at a cost of around $18 billion, which is billed as one of the world's biggest military procurement in recent..
IndiaTimes - Published

Lockheed Martin plans to expand Milwaukee plant workforce by 15%

Defense contractor Lockheed Martin Corp said on Friday it plans to increase the workforce at its Milwaukee facility by more than 15% this year.
Reuters - Published

After Discussion With Trump, Lockheed Martin Plant in Pennsylvania Will Stay Open

The company announced in June that the facility would close by 2020. Now Lockheed’s top executive, Marillyn Hewson, says the plant will “pursue additional work.”
NYTimes.com - Published

Lockheed Martin to keep Pennsylvania plant open at Trump's request

Lockheed Martin Corp has decided to keep the Sikorsky helicopter plant in Coatesville, Pennsylvania, open after U.S. President Donald Trump pressed its chief executive to continue operations, the..
Reuters - Published

Netanyahu warns Israel’s jets ‘can reach’ Iran

netanyahu warns israel’s jets ‘can reach’ iran
Prime Minister Benjamin Netanyahu warned Tuesday that Israel’s fighter jets “can reach anywhere in the Middle East, including Iran,” in his latest comments directed at his country’s arch-foe...
WorldNews - Published

Exclusive: Airbus, Boeing indicate they may pull out of Canada fighter jet race - sources

Airbus SE and Boeing Co may pull out of a bidding process to supply Canada with new fighter jets because they say the contest is unfairly tilted toward Lockheed Martin Corp, two sources with direct..
Reuters - Published

World’s largest combat jet deal under way as India starts process

The deal for the purchase of 114 fighter jets -- valued at more than $15 billion -- has attracted initial offers from global defence majors, including Boeing Co., Lockheed Martin Corp. and Sweden’s..
IndiaTimes - Published

Iraq, U.S. deny planned evacuation of contractors from Iraqi base

Iraqi and U.S. military spokesmen denied on Saturday that U.S. forces were preparing to evacuate hundreds of staff of Lockheed Martin Corp and Sallyport Global from an Iraqi military base where they..
Reuters - Published

U.S. forces prepare to evacuate contractors from Iraqi base: military sources

U.S. forces are preparing to evacuate hundreds of staff working for Lockheed Martin Corp and Sallyport Global from an Iraqi military base where they work as contractors, three Iraqi military sources..
Reuters - Published

Trump presses Lockheed to keep open a Pennsylvania plant slated for closure

U.S. President Donald Trump on Friday urged Lockheed Martin Corp to keep open its Sikorsky helicopter plant in Coatesville, Pennsylvania, a week after the weapons maker announced the planned closure of..
Reuters - Published

New Zealand selects Lockheed C-130J as preferred military transport replacement

New Zealand on Tuesday said it had selected Lockheed Martin Corp's C-130J Super Hercules as the preferred replacement for five aging C-130 Hercules military transport aircraft, a choice in line with..
Reuters - Published

Pentagon agrees first multiyear purchase of F-35 jets, worth $34 billion

The U.S. Department of Defense has a "handshake" agreement that would cut the price of the F-35A fighter jet by 8.8% and bring the price of each Lockheed Martin Co aircraft below $80 million dollars a..
Reuters - Published

Raytheon, United Technologies to merge, creating defense giant

The merger will create a company bigger than Lockheed Martin and Northrop Grumman, with sales of about $74 billion
CBS News - Published

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