Aerospace and defense manufacturer
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Lockheed Martin Corporation is an American aerospace, defense, arms, 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 110,000 people worldwide as of January 2020.
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Beijing’s sanctions on Lockheed Martin diplomatic but not damaging, observers sayBeijing’s announcement of sanctions against Lockheed Martin is a...
U.S. Senate panel authorizes $9.1 billion for 95 F-35 jets made by LockheedThe U.S. Senate Armed Services Committee said on Thursday it had authorized $9.1 billion to produce 95 F-35 aircraft in its version of the 2021 National Defense Authorization Act, or NDAA, an annual..
New Zealand says to buy five new Super Hercules aircraftNew Zealand said on Friday that it will purchase five C-130J-30 Super Hercules transport aircraft from Lockheed Martin to replace its existing fleet.
Exclusive: Japan favors home-grown design for next-generation fighter after rejecting foreign plans: sourcesJapan wants to develop a stealth fighter domestically, rejecting designs from Lockheed Martin Corp and Boeing Co in the United States and Britain's BAE Systems PLC, three sources with knowledge of the..
Lockheed gets $932 million Pentagon contract for THAAD interceptorsLockheed Martin Corp was awarded a $932 million Pentagon contract on Tuesday for THAAD interceptor missiles, some of which are slated to be delivered to the Kingdom of Saudi Arabia.
US deal to supply high-tech weapons to India could further destabilise region: PakistanDuring President Donald Trump's visit, India and the US on Tuesday finalised defence deals under which 30 military helicopters will be procured from two American defence majors for the Indian armed..
India, US attempting to finalise key defence deals ahead of Trump's visitAhead of US President Donald Trump's maiden visit to India, the two countries are eyeing to finalise a raft of mega defence deals including procurement of a batch of military helicopters by Indian Navy..
Exclusive: India readying $2.6 billion U.S. naval helicopter deal ahead of Trump tripIndia is set to give final approval to a $2.6 billion deal for military helicopters from U.S. defense firm Lockheed Martin ahead of a proposed visit by U.S. President Donald Trump this month, defense..
Pentagon official, Lockheed Martin pull out of Singapore Airshow as virus alert level raisedThe Pentagon shrunk the size of its delegation traveling to the Singapore Airshow and U.S. defense firms Lockheed Martin Corp and Raytheon Co said they would not attend, as the impact of the..
Lockheed Martin drops out of Singapore Airshow over coronavirus concernsU.S. weapons maker Lockheed Martin Corp said on Friday it will not participate in next week's Singapore Airshow over coronavirus concerns.
Lockheed Martin beats estimates, raises sales forecast on higher F-35 deliveriesLockheed Martin Corp reported a better-than-expected quarterly profit on Tuesday and forecast 2020 revenue above analysts' estimates, as the Pentagon's No.1 weapons supplier benefited from heightened..
Kobe Bryant helicopter crash puts spotlight on Lockheed Martin's Sikorsky S-76B, investigations underwayLockheed Martin's Sikorsky, whose helicopter crashed and killed former NBA superstar Kobe Bryant on Sunday, pledged to investigate the incident.
F-35 logistics system to be reinvented and renamed, official saysThe 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..
Preparing the next generation of GPSOriginally 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..
Pentagon announces F-35 jet prices for next three yearsThe 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..
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.
'A beacon of hope to those on the ground': Air Force unveils next-gen helicopters to replace Pave HawksOfficials with Sikorsky, a Lockheed Martin company, showcased the next-generation HH-60W "Whiskey" helicopter Monday in Jupiter.
U.S. backs proposed $6.5 billion sale of 32 F-35 Lockheed jets to PolandThe 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.
Airbus pulls out of Canada fighter jet race, boosts Lockheed Martin's chancesAirbus 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 .
Canada launches contest to build new fighter jet; first delivery in 2025Canada 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..
Canada launches fighter jet competition, sees first aircraft delivery in 2025Canada 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..
Lockheed awarded $1.48 billion Saudi missile defense contract: PentagonLockheed 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.
If India chooses F-21, it will plug into 'world's largest fighter plane ecosystem': Lockheed MartinIn 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..
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.
After Discussion With Trump, Lockheed Martin Plant in Pennsylvania Will Stay OpenThe 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.”
Lockheed Martin to keep Pennsylvania plant open at Trump's requestLockheed 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..
Netanyahu warns Israel’s jets ‘can reach’ IranPrime 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...
Exclusive: Airbus, Boeing indicate they may pull out of Canada fighter jet race - sourcesAirbus 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..
World’s largest combat jet deal under way as India starts processThe 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..
Iraq, U.S. deny planned evacuation of contractors from Iraqi baseIraqi 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..
U.S. forces prepare to evacuate contractors from Iraqi base: military sourcesU.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..
Trump presses Lockheed to keep open a Pennsylvania plant slated for closureU.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..
New Zealand selects Lockheed C-130J as preferred military transport replacementNew 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..
Pentagon agrees first multiyear purchase of F-35 jets, worth $34 billionThe 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..
Raytheon, United Technologies to merge, creating defense giantThe merger will create a company bigger than Lockheed Martin and Northrop Grumman, with sales of about $74 billion