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Lockheed

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13.11.2019
00:51 CNBC top newsLockheed Martin has become a stock market juggernaut under CEO Marillyn Hewson

Under Hewson, Lockheed has seen its stock surge more than 310% and its market capitalization expand to $108 billion from just under $30 billion.

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29.10.2019
17:43 CNBC top newsLockheed Martin's F-35 fighter program gets $34 billion Pentagon contract, its biggest yet

The F-35, the crown jewel in the defense giant's portfolio, has become one of the most challenged programs in the history of the Department of Defense.

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17:02 Financial TimesPentagon announces $34bn F-35 jet deal with Lockheed

Agreement would see US defence department buy 478 jets after years of wrangling over price

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00:50 ReutersLockheed Martin awarded $7 billion U.S. defense contract: Pentagon

Lockheed Martin Corp has been awarded a $7 billion modification to a contract providing for 114 F-35 aircraft for the U.S. Air Force, the U.S. Marine Corps, the U.S. Navy, and the governments of Norway, Australia and Italy, the Pentagon said on Monday.

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27.10.2019
14:50 WhatReallyHappened.comTurkey Close To Purchasing Russian Su-35 Jets After Lockheed Deal Blocked

Turkey's Daily Sabah reports that Ankara is close to purchasing an initial round of Su-35 fighter jets from Russia, in what would mark a huge reversal of course following the heated Lockheed F-35 fighter and Russian S-400 saga with Washington, which has sunk US-Turkey relations to a low point over the past year.
Citing Turkish defense sources, the report reveals:
Turkish and Russian officials are discussing the details of the sale of a total of 36 Su-35 fighter jets to Turkey, two months after President Recep Tayyip Erdo?an's visit to the International Aviation and Space Salon (MAKS) aviation show outside of Moscow.

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22.10.2019
23:44 CNBC technologyBezos unveils Blue Origin will work on lunar lander with Lockheed Martin, Northrop Grumman & Draper

Bezos spoke at the 70th International Astronautical Congress on Tuesday.

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22:28 CNBC top newsEarnings season sees some big whiffs on Tuesday with McDonalds, UPS and Lockheed

Some of the largest and most well-known companies in the U.S. reported earnings on Tuesday that fell short of expectations.

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20:16 ReutersLockheed Martin profit climbs, expects lower cash flow in 2020; shares dip

Lockheed Martin Corp raised its estimate for 2019 earnings on Tuesday as quarterly profit climbed 9.2% amid improved sales of its F-35 fighter jets, but it forecast a lower cash flow for next year and shares dipped in afternoon trading.

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17:43 ReutersLockheed Martin profit climbs, expects lower cash flow in 2020; shares gain

Lockheed Martin Corp raised its estimate for 2019 earnings on Tuesday as quarterly profit climbed 9.2% amid improved sales of its F-35 fighter jets, sending shares higher even as it forecast a lower cash flow for next year.

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16:02 ReutersLockheed Martin profit up but forecasts lower cash flow in 2020; shares slip

Lockheed Martin Corp raised its estimate for 2019 earnings on Tuesday as quarterly profit climbed 9.2% amid improved sales of its F-35 fighter jets, but shares fell in premarket trading after it forecast lower cash flow next year.

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15:52 CNBC top newsBezos unveils Blue Origin will work on lunar lander with Lockheed Martin, Northrop Grumman & Draper

Bezos spoke at the 70th International Astronautical Congress on Tuesday.

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15:24 ReutersLockheed Martin raises 2019 forecast as quarterly profit climbs 9.2%

Lockheed Martin Corp raised its forecast for 2019 earnings as it reported a 9.2% rise in quarterly profit on Tuesday, helped by increased sales in its aeronautics business, which makes F-35 fighter jets.

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01.10.2019
01:34 ReutersLockheed martin wins $495 million U.S. defense contract: Pentagon

Lockheed Martin Corp has been awarded a $495 million modification to a contract for Trident II (D5) missile production and deployed systems support, the Pentagon said on Monday.

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26.09.2019
17:30 ReutersLockheed to begin supplying F-16 wings from Indian plant in 2020

Lockheed Martin will begin supplying wings for its F-16 combat jets from a facility in southern India from next year, a senior executive said on Thursday.

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24.09.2019
22:23 ExtremeTech.comNASA Hires Lockheed Martin to Build up to 12 Orion Spacecraft

OLYMPUS DIGITAL CAMERA The Artemis Program will use the agency's Orion spacecraft, which borrows liberally from the old Apollo-era command module. Now, NASA is formalizing its plans with a long-term contract for Lockheed Martin.
The post NASA Hires Lockheed Martin to Build up to 12 Orion Spacecraft appeared first on ExtremeTech.

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11:03 Phys.orgNASA in megadeal with Lockheed for moon mission

NASA on Monday earmarked almost $3 billion to Lockheed Martin to build three Orion capsules, to allow US astronauts to return to the moon by 2024.

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23.09.2019
23:48 ReutersLockheed wins NASA contract worth up to $4.6 billion

Lockheed Martin Corp has been awarded a NASA contract worth up to $4.6 billion to build Orion astronaut capsules, NASA said on Monday.

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16.09.2019
19:26 ReutersExclusive: F-35 chief to run Lockheed aeronautics as Evans undergoes medical treatment

Greg Ulmer, head of Lockheed Martin Corp's F-35 fighter program, will temporarily lead the company's aeronautics division while its current chief, Michele Evans, undergoes treatment for a "significant" medical issue, Evans told employees on Monday.

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17:40 ReutersExclusive: Lockheed names F-35 chief to run aeronautics as Evans undergoes medical treatment

Greg Ulmer, head of Lockheed Martin Corp's F-35 fighter program, will temporarily lead the company's aeronautics division while its current chief, Michele Evans, undergoes medical treatment, the company told employees on Monday.

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11.09.2019
20:02 ReutersU.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.

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30.08.2019
20:22 ReutersAirbus 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 .

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20:10 ReutersAirbus 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 .

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24.08.2019
00:36 ReutersPentagon awards Lockheed $2.4 billion contract for F-35 spare parts

Lockheed Martin has been awarded a $2.4 billion contract for spare parts for F-35 joint strike fighters purchased by the Air Force, Navy and Marine Corps as well as foreign militaries, the Pentagon said on Friday.

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07.08.2019
00:50 CNBC top newsA rare look inside the heavily guarded compound where Lockheed Martin builds the THAAD missile

For the first time, Lockheed Martin opened its heavily guarded compound where it builds America's THAAD missile defense system.

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05.08.2019
07:29 WhatReallyHappened.com U.S. Air Force and Raytheon Join Navy and Lockheed Martin by Introducing Directed Energy Weapons

By Nicholas West
After many years of speculation as to weather the use of Directed Energy Weapons in war would be unleashed upon the world, we now have our answer...

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23.07.2019
21:26 ReutersLockheed to move F-35 jet parts sourcing to U.S. from Turkey

Lockheed Martin Corp said on Tuesday it was working to establish alternate supply sources for F-35 parts in the United States after the Pentagon decided last week to remove Turkey from the fighter jet program.

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18:49 ReutersLockheed looking to shift sourcing F-35 parts to U.S. from Turkey: CEO

Lockheed Martin Corp said on Tuesday it has been working to establish alternate supply sources for F-35 parts in the United States after the Pentagon decided last week https://reut.rs/2y5bKbX to remove Turkey from the fighter jet program.

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15:27 ReutersLockheed beats quarterly profit estimates, raises 2019 forecast

Lockheed Martin Corp on Tuesday reported a better-than-expected quarterly profit and raised its 2019 profit forecast for the second time in three months, helped by increased demand for its stealth F-35 combat jets and missiles.

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15:17 CNBC top newsLockheed Martin shares jump after No. 1 defense contractor posts strong results, raises forecast

Lockheed Martin turned in second-quarter earnings on Tuesday that were above what Wall Street anticipated.

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14:51 ReutersLockheed Martin profit rises 22% on higher F-35 deliveries

Lockheed Martin Corp reported a 22% rise in quarterly profit on Tuesday and raised its 2019 profit forecast for the second time this year, helped by increased demand for its F-35 combat jets.

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22.07.2019
09:07 3dnewsLockheed Martin и NASA объявили о готовности Orion к беспилотному полёту к Луне

В США приурочили к празднованию 50-летия с момента полёта экипажа «Аполлона-11» на Луну объявление, посвящённое ходу подготовки к следующей лунной миссии. Lockheed Martin

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20.07.2019
01:19 ReutersLockheed 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.

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13.07.2019
02:12 ReutersLockheed 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.

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01:49 ReutersLockheed 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.

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11.07.2019
13:32 CNBC top newsLockheed Martin to keep its Pennsylvania plant open at Trump's request

Lockheed Martin has decided to keep the Sikorsky helicopter plant in Coatesville, Pennsylvania, open after U.S. President Donald Trump pressed it to continue operations.

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12:16 International Herald TribuneAfter 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.”

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12:04 NewYork TimesAfter 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.”

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04:37 ReutersLockheed 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 company said on Twitter on Wednesday.

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04:37 ReutersLockheed 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 company said on Twitter on Wednesday.

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03:40 ReutersLockheed Martin says will keep Pennsylvania plant open

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 company said on Twitter on Wednesday.

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03:40 ReutersLockheed Martin says will keep Pennsylvania plant open

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 company said on Twitter on Wednesday.

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08.07.2019
20:48 WhatReallyHappened.com U.S. Navy and Lockheed Martin Officially Introduce Directed Energy Weapons Into Warfare

By Nicholas West
Nearly 4 years ago, I wrote an article entitled, “Lasers and Electronic Warfare To Be Used in New World of Drones and Anti-Drones,” wherein I detailed the trend toward using directed energy weapons in warfare. Unfortunately, it appears that much of the speculation at that time about whether or not this was merely the military-industrial complex looking to fund more boondoggle projects that would never see the light of day actually has become reality...

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21.06.2019
12:43 TripoliPostLockheed Martin Reveals a New Supersonic Airplane

RS-NEWS
A quiet new supersonic airplane design has been unveiled. Lockheed Martin Aeronautics has revealed the...
The post Lockheed Martin Reveals a New Supersonic Airplane appeared first on RS-NEWS.

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17.06.2019
14:47 CNBC top newsStocks making the biggest moves premarket: Pfizer, Array Biopharma, Boeing, Lockheed, Disney & more

Names on the move ahead of the open.

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11:32 ReutersLockheed: No concern that Raytheon-UTC merger will affect F-35 program

Lockheed Martin F-35 program manager Greg Ulmer said on Monday he had "no concern" that the proposed merger of Raytheon Co and United Technologies Corp would affect the F-35 program or pressure its margins.

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15.06.2019
05:29 ReutersTrump 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 the facility.

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02:58 ReutersTrump 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 the facility.

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13.06.2019
12:18 ReutersLockheed Martin says F-35 cost cuts a year ahead of plan

Lockheed Martin is a year ahead of schedule with its plan to cut the cost of its F-35 A fighter jet variant to $80 million by 2020, the U.S. company said on Thursday.

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10:20 ReutersLockheed Martin says cost cut plan for F-35 jets ahead of schedule

Lockheed Martin said on Thursday it was on track to cut the cost of its F-35 fighter jet A variant to $80 million per jet a year ahead of its original target of 2020.

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12.06.2019
20:00 WhatReallyHappened.comIsrael and Lockheed Martin sign F-35 maintenance deal

Israel says it awarded a $42 million contract to Lockheed Martin to provide maintenance and training services for its fleet of F-35 fighter jets.
Israel's Defense Ministry said Tuesday that under the deal, the U.S. defense contractor will support a training simulator and logistics management system at an Israeli air force base.
Israel will pay over half the cost in five years, with the rest contingent on a five-year extension.

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11.06.2019
10:16 ReutersNew 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 its closest allies.

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10:16 ReutersNew 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 its closest allies.

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07.06.2019
14:06 Zdnet.comBad knees? Lockheed is working on a bionic brace

Exoskeleton technology is full of promise but hasn't been widely adopted outside rehabilitation centers. This team wants to change that.

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29.05.2019
20:55 ReutersBoeing surprised Canada changed rules of jet competition to allow Lockheed Martin bid

Boeing Co is surprised Canada softened the rules of a competition for new fighters to allow Lockheed Martin Corp to submit a bid, but is still confident it has a chance, a top executive said on Wednesday.

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15.05.2019
16:57 Technology.orgSpace Tech Conference 2019: Powerful insights, thought leadership and future trends from NASA, Lockheed Martin and Virgin Orbit

This May 20-22, Conference and Pre-conference workshops at Space Tech Expo unites creators, cultivators, and collaborators from across

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09.05.2019
02:48 RT.comLockheed Martin slashes price of F-35 as Pentagon eyes competitors

Defense giant Lockheed Martin has offered to discount its F-35 jet fighter by over 10 percent, as the US Air Force weighs an offer from Boeing. The stealth fighter project has been plagued by reliability issues and cost overruns. Read Full Article at RT.com

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23.04.2019
21:09 ReutersTrump's policies lift Lockheed Martin's profit, shares surge

Lockheed Martin Corp reported better-than-expected quarterly profit on Tuesday as U.S. President Donald Trump's looser policies on foreign arms sales boosted demand for missiles and fighter jets.

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15:24 ReutersLockheed Martin raises 2019 profit forecast, shares jump

Lockheed Martin Corp reported a 47 percent jump in quarterly profit on Tuesday and raised its profit forecast for the year, helped by strong demand for its missiles and fighter jets, sending its shares up more than 6 percent in pre-market trading.

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15:12 ReutersLockheed Martin raises 2019 profit, shares rise

Pentagon's No.1 weapons supplier Lockheed Martin Corp on Tuesday reported a 47 percent jump in quarterly profit and raised its 2019 profit forecast, sending shares up 4.5 percent before the bell.

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14:51 CNBC top newsLockheed Martin jumps 6% after earnings top expectations and it raises 2019 forecast

Lockheed Martin delivered first-quarter earnings on Tuesday that were far above what Wall Street anticipated.

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16.04.2019
03:27 GizmagLockheed system gives V-280 Valor tiltrotor pilots 360-degree vision


Merging two cutting-edge technologies, Lockheed Martin flew its Pilotage Distributed Aperture Sensor (PDAS) system aboard a Bell V-280 Valor tiltrotor aircraft for the first time last month. The multi-functional sensor system collects high-resolution images from around the aircraft, providing the flight crew with a 360-degree view of the exterior through special helmets and displays.
.. Continue Reading Lockheed system gives V-280 Valor tiltrotor pilots 360-degree vision Category: Military Tags: Bell Helicopter Helicopters Lockheed Martin Tiltrotor

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11.04.2019
23:03 3dnewsLockheed Martin планирует построить корабль для доставки людей на Луну к 2024 году

Сотрудничающая с NASA компания Lockheed Martin ведёт разработку концепта космического корабля, который сможет не только доставить людей на Луну, но и вернуться обратно. Представители компании говорят о том, что такой проект может быть успешно реализован при наличии достаточного количества ресурсов. Предполагается, что будущий космический корабль будет сформирован из нескольких модулей. Разработчики намерены использовать отсоединяемые элементы, которые позволят спуститься на поверхность Луны, а также подняться с неё, когда потребуется возврат на корабль. Спускаемый аппарат также будет использован для будущей космической станции, которую NASA планирует построить вблизи Луны до поверхности спутника. Такая концепция предполагает, что астронавты сначала попадут на станцию, а уже оттуда на спускаемом модуле будут доставлены на лунную поверхность.

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04.04.2019
22:49 CNBC top newsLockheed, Raytheon prepare production changes amid US-Turkey dispute over Russian missile deal

As it stands, Turkey faces removal from the F-35 program, forfeiture of 100 promised F-35 jets, cancellation of a Patriot missile deal and imposition of U.S. sanctions as well as potential blowback from NATO if the deal with Russia is completed.

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02.04.2019
00:55 ReutersLockheed clinches $2.4 billion deal for sale of THAAD missiles

Lockheed Martin Corp was awarded a $2.4 billion Pentagon contract on Monday for THAAD interceptor missiles, some of which are slated to be delivered to the Kingdom of Saudi Arabia.

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22.03.2019
06:42 Gizmag Lockheed Martin develops smart satellite that can be reprogrammed in orbit


Lockheed Martin is rolling out a new class of CubeSat in 2019 that can be reprogrammed in orbit like a smartphone to take on new missions. The new SmartSat technology is being integrated into over 10 satellite programs to start with and the prototypes will be launched this year on the first LM 50 nanosatellite buses, including the Linus and Pony Express nanosats.
.. Continue Reading Lockheed Martin develops smart satellite that can be reprogrammed in orbit Category: Space Tags: CubeSat Lockheed Martin

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15.03.2019
02:57 Gizmag Lockheed Martin completes full-size cislunar habitat prototype


Lockheed Martin has completed work on its prototype cislunar habitat that will be used in designing and testing NASA's Gateway manned deep-space outpost. Built as part of the space agency's Next Space Technologies for Exploration Partnerships (NextSTEP) Phase II study contract, the earthbound habitat is studying key technologies, interfaces, and general livability needed for extended missions far from home.
.. Continue Reading Lockheed Martin completes full-size cislunar habitat prototype Category: Space Tags: Gateway Lockheed Martin NASA

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00:35 ReutersLockheed Martin Corp wins $507 million defense contract: Pentagon

Lockheed Martin Corp was awarded a $506.9 million modification to a U.S. defense contract for a guided missile system and associated services, the Pentagon said on Thursday.

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14.03.2019
05:03 Gizmag Lockheed's LTE-over-Satellite comms system turns cellphones into sat phones


To maintain communications during emergencies or in remote areas, Lockheed Martin has come up with a new LTE-over-Satellite system that will allow LTE mobile phones to hook up with satellites to provide 4G connections. Designed to complement satellite phones, the new system produces a pop-up cellular network that can be accessed by commercial phones to connect for voice, SMA, and data transfers at broadband service rates.
.. Continue Reading Lockheed's LTE-over-Satellite comms system turns cellphones into sat phones Category: Telecommunications Tags: Lockheed Martin LTE Satellite

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08.03.2019
05:37 WhatReallyHappened.comPentagon awards Lockheed Martin nearly $1 billion for Saudi missile system deal

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07.03.2019
00:13 CNBC top newsWatch: Trump gives remarks after meeting with CEOs of Apple, Lockheed Martin and Home Depot

CEOs including Apple's Tim Cook, Lockheed Martin's Marillyn Hewson and Craig Menear of The Home Depot were scheduled to attend the event.

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05.03.2019
21:32 WhatReallyHappened.comUS awards Lockheed Martin $1bn contract for Saudi missile sale

The US government said it has awarded arms manufacturer Lockheed Martin a $946m payment on behalf of Saudi Arabia for an advanced missile defence system.
The contract, announced by the Pentagon in a statement on Monday, is the first instalment of what is expected to be a $15bn deal.
In November, Saudi and US officials signed the letters of offer and acceptance formalising terms for the kingdom's purchase of 44 Terminal High Altitude Area Defence (THAAD) launchers, missiles and related equipment.
As a part of the scope of work outlined by the Pentagon, obsolete systems currently in place will be updated to prepare the current Saudi missile defence infrastructure for the new THAAD technology.
The contract also allows Lockheed Martin to pay for materials, tooling and engineering development, among other work.

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18:27 Aljazeera.NetUS awards Lockheed Martin $1bn contract for Saudi missile sale

Payment comes as members of Congress look to punish Saudi Arabia for its role in the war in Yemen and Khashoggi murder.

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04:32 ReutersLockheed gets $1 billion down payment for Saudi THAAD missile system

Lockheed Martin Corp will receive the first payment toward the installation a $15 billion missile defense system in Saudi Arabia as part of a $110 billion arms package the Trump administration said it negotiated with the Kingdom in 2017, the Pentagon said on Monday.

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02:13 CNBC top newsPentagon awards Lockheed Martin nearly $1 billion for Saudi missile system deal

Manufactured by Lockheed Martin, the Pentagon's top weapons supplier, THAAD is regarded as America's crown jewel in missile defense systems.

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01:39 ReutersLockheed gets $1 billion down payment for Saudi THAAD missile system

Lockheed Martin Corp will receive the first payment toward the installation a $15 billion missile defense system in Saudi Arabia as part of a $110 billion arms package the Trump administration said it negotiated with the Kingdom in 2017, the Pentagon said on Monday.

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03.03.2019
20:25 WhatReallyHappened.comMiG21 Downing Pakistan's F-16 Could Soil Lockheed's $21Bln India Dream - Scholar

Lockheed Martin was expecting to bag the $20 billion tender expected late this year or early 2020 pertaining to the purchase of 114 fighter jets for the Indian Air Force (IAF). However, with an IAF MiG-21 Bison shooting down an F-16 beyond visual range in Pakistan, Lockheed Martin is poised to lose the leverage it had against its competitors.
New Delhi (Sputnik) — With confirmation that the old warhorse of the Indian Air Force, the MiG-21 Bison, shot down a Pakistani F-16 during Thursday's hostilities between the two South Asian neighbours, there is speculation that the development could tank Lockheed Martin's multi-billion-dollar deal.
"Indian Mig-21 not just brought down the PAF's F-16, it was a surgical strike on Lockheed Martin and Tata Advanced Systems. They should forget any future deal with the Indian Air Force," Syed Mohd Murtaza, a research scholar in the Academy of

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27.02.2019
07:39 ReutersLockheed expects F-35 flying costs will take time to come down: executive

Lockheed Martin Corp expects it will take around 15 to 20 years to bring the cost per flight hour of the F-35 below fourth-generation fighter jets such as the F-16, the head of the F-35 program said on Wednesday.

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07:28 ReutersLockheed expects F-35 flying costs will take time to come down: executive

Lockheed Martin Corp expects it will take around 15 to 20 years to bring the cost per flight hour of the F-35 below fourth-generation fighter jets such as the F-16, the head of the F-35 program said on Wednesday.

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07:20 Gizmag Lockheed Martin looks to biodesign new materials from microbes


Lockheed Martin is turning to the littlest factories imaginable to develop a new generation of advanced materials. Working under a US$10 million, five-year contract called the Self-Assembly of Nanostructures for Tunable Materials, the aerospace giant in cooperation with the US Army Research Laboratory (ARL) will develop ways to bioengineer the DNA in single-cell organisms as a way to create new materials with an emphasis on defense optical technology and coatings.
.. Continue Reading Lockheed Martin looks to biodesign new materials from microbes Category: Materials Tags: Bioengineering Lockheed Martin US Army Research Laboratory

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25.02.2019
10:46 Zdnet.comLockheed Martin signs on as Australian space partner

The US giant will help Australia develop space-related talent and build capabilities in quantum computing and data analytics.

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22.02.2019
20:41 WhatReallyHappened.comLockheed Martin Unveils "Made In India" F-21 Fighter Jet

Lockheed Martin offered India on Wednesday a new multi-role fighter jet, the F-21, in an attempt to secure a large defense order worth $15 billion, reported Reuters. The American defense company said the new plane will be specifically designed and manufactured for the Indian Air Force (IAF), and provide "Made In India" economic opportunities that strengthen India’s path to becoming a military powerhouse in the Indo-Pacific region.

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20.02.2019
08:19 ReutersLockheed unveils new F-21 fighter jet configured for India

Lockheed Martin offered India a new combat jet, F-21, on Wednesday to be made locally, in a bid to win a large military order worth over $15 billion.

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15.02.2019
20:28 WhatReallyHappened.comDoD to begin negotiations to buy 485 Lockheed Martin F-35s

The F-35 Lightning II Joint Program Office intends to solicit and negotiate multiple contracts to buy 485 stealth fighters from Lockheed Martin.
The negotiations are for aircraft to be built as part of production Lots 15, 16 and 17, the Department of Defense office said in a notice posted online 13 February announcing its intent to begin bargaining. The contracts would provide for long lead time materials, parts, components, initial spares, and labour, as well as production and testing equipment.
The anticipated award date is in the third quarter of calendar year 2021, the Pentagon says. The notice did not disclose costs and the Joint Programme Office said it wouldn’t speculate about prices during negotiations, though it expects the price of the F-35A to fall.

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09.02.2019
20:05 WhatReallyHappened.comU.S. sues Lockheed, others for alleged kickbacks on nuclear site cleanup

The United States has sued Lockheed Martin Corp, Lockheed Martin Services Inc, and Mission Support Alliance LLC, as well as a Lockheed executive for alleged false claims and kickbacks on a multibillion-dollar contract to clean up a nuclear site, the Justice Department said on Friday.
The complaint alleges Lockheed paid more than $1 million to Mission Support Alliance executives in order to win a $232 million subcontract for providing management and technology support at the Hanford, Washington site from 2010 through the middle of 2016 at inflated rates.
It also says the defendants lied about the amount of profit included in Lockheed's billing rates.
A Lockheed Martin spokeswoman denied the allegations, saying the company "rejects the suggestion that the corporation or its executives engaged in any wrongdoing. Lockheed Martin will defend this matter vigorously."
At the time,

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02:14 ReutersU.S. sues Lockheed, others for alleged kickbacks on nuclear site cleanup

The United States has sued Lockheed Martin Corp, Lockheed Martin Services Inc, and Mission Support Alliance LLC, as well as a Lockheed executive for alleged false claims and kickbacks on a multibillion-dollar contract to clean up a nuclear site, the Justice Department said on Friday.

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01:42 ReutersU.S. sues Lockheed, others for alleged kickbacks and lying on cleanup of nuclear site

The United States has sued Lockheed Martin Corporation, Lockheed Martin Services Inc and Mission Support Alliance LLC, as well as a Lockheed executive for alleged false claims and kickbacks on a multibillion-dollar contract to clean up a nuclear site, the Justice Department said on Friday.

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08.02.2019
22:08 Phys.orgCanada partners with Lockheed Martin on next-gen warships

Canada announced Friday it had partnered with US weapons maker Lockheed Martin on a Can$815 million project to design 15 warships.

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03.02.2019
22:31 WhatReallyHappened.comGermany's Snub Of Lockheed’s F-35 Unleashes Dramatic Geopolitical Consequences

Germany has snubbed Lockheed Martin's F-35 joint strike fighter, knocking the American stealth fighter of out of a tender worth billions of euros, the German Defense Ministry confirmed on Thursday. Germany's military is seeking to replace its aging Tornado warplanes, for which Boeing's F/A-18 Super Hornet and Airbus' NATO Eurofighter Typhoon remain contenders.
Should Germany go with the Eurofighter after announcing the F-35 out of the running, which was long rumored to have persistent mechanical and software glitches, this could have huge geopolitical consequences considering current multiplying issues of contention between the US and Germany, not least of which goes to the heart of NATO strategic nuclear readiness.

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31.01.2019
01:28 ReutersLockheed Martin wins $560 million U.S. defense contract: Pentagon

Lockheed Martin Corp has been awarded a $560 million U.S. defense contract for Trident II missile production and system support, the Pentagon said on Wednesday.

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29.01.2019
21:02 ReutersLockheed to offload $1.8 billion in pension risks to Prudential

Lockheed Martin Corp, the Pentagon's top weapons supplier, said on Tuesday it would transfer $1.8 billion in pension obligations to U.S. life insurer Prudential Financial Inc to reduce the risk and costs of pensions.

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19:13 ReutersLockheed forecasts 2019 profit below view, but sees higher cash flow

Lockheed Martin Corp, the Pentagon's top weapons supplier, on Tuesday forecast 2019 profit below estimates and reported that quarterly margins slipped at the unit that makes the radar-evading F-35 fighter jet and C-130 transport plane.

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17:01 ReutersLockheed Martin forecasts 2019 profit below estimates, shares off

Lockheed Martin Corp, the Pentagon's top weapons supplier, on Tuesday forecast 2019 profit below estimates and reported that quarterly margins slipped at the unit that makes the radar-evading F-35 fighter jet and C-130 transport plane.

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16:18 ReutersLockheed Martin profit misses estimates, shares slip

Pentagon's No.1 weapons supplier Lockheed Martin Corp missed analysts' estimates for quarterly profit on Tuesday, as margins slipped in its aeronautics unit that makes the F-35 stealth fighter jets.

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15:47 CNBC top newsLockheed Martin shares slip after slight earnings miss, weak 2019 forecast

Lockheed Martin shares slipped in premarket trading Tuesday after the defense giant reported fourth-quarter earnings that were just shy of Wall Street's expectations.

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15:45 ReutersLockheed Martin posts quarterly profit

Pentagon's No.1 weapons supplier Lockheed Martin Corp, reported a quarterly profit on Tuesday, compared with a year-ago loss, lifted by demand for its F-35 fighter jets.

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23.01.2019
01:36 ReutersLockheed Martin wins $542 million U.S. defense contract: Pentagon

Lockheed Martin Corp has been awarded a $542 million contract for equipment and spares for F-35 aircraft, the Pentagon said in a statement on Tuesday.

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21.01.2019
16:53 ReutersLockheed sees potential exports of 200 F-16 jets from proposed Indian plant

Lockheed Martin sees a potential export market of more than $20 billion for its F-16 fighter aircraft from an assembly line in India it has offered to set up in order to win a large Indian military order, a top executive said.

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17.01.2019
02:47 ReutersBoeing-Lockheed's Vulcan rocket design 'nearly fully mature'

A joint venture between Boeing Co and Lockheed Martin Corp will conduct the final design review for its new flagship Vulcan rocket within months, it said on Wednesday, as the aerospace company heads for a showdown with Elon Musk's SpaceX and others in the launch services market.

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31.12.2018
08:58 World Socialist Web SiteSouth Australian university partners with US defense contractor Lockheed Martin

The decision by the University of Adelaide, behind the backs of students and staff, marks the further integration of Australian universities into the US-led war drive against China and Russia.

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28.12.2018
01:35 ReutersLockheed Martin wins $712 million U.S. defense contract: Pentagon

Lockheed Martin Corp has been awarded a $712 million U.S. defense contract for the development of advanced hardware in support of the F-35 Lightning II aircraft, the Pentagon said on Thursday.

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