Lockheed Martin News

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Four Greater Washington CEOs earned the kind of eye-popping pay packages that put them among the 50 highest paid public company executives in the nation last year, including Discovery Communications Inc.'s David Zaslav and Lockheed Martin Corp.'s Robert Stevens .

Four Greater Washington CEOs earned the kind of eye-popping pay packages that put them among the 50 highest paid public company executives in the nation last year, including Discovery Communications Inc.'s David Zaslav and Lockheed Martin Corp.'s Robert Stevens.

The Washington region is home to some of the world's 100 most powerful women, two of which are the heads of locally based defense contractors.

The development and production cost of Lockheed Martin Corp. 's F-35 fighter, the Pentagon's most expensive weapons program, has decreased by about $4.5 billion, primarily because of savings on labor, according to the Pentagon's latest cost estimates.

The Pentagon's annual report to Congress shows a decline of $4.5 billion, or just over 1 percent, in the projected development and acquisition cost of the Lockheed Martin Corp ( The U.S. Defense Department now projects the cost of developing and building the new radar-evading jet - the largest U.S. weapons program - to be $391.2 billion, down from ... (more)

The P-3 Orion aircraft undergoes maintenance, modification and refurbishment at Lockheed Martin in Greenville.

Today on Engineering Newswire, we're launching jets vertically, printing paper circuits, driving LEGO trains, and building power plants at the bottom of the sea.

Lockheed Martin will webcast live a presentation by Executive Vice President and Chief Financial Officer Bruce Tanner at the Sanford C. Bernstein 29 Annual Strategic Decisions Conference on May 30, 2013 from 2:00 p.m. to 2:45 p.m. Eastern Time.

Lockheed Martin [NYSE: LMT] successfully conducted the first Engineering, Manufacturing and Development flight of the new Guided Multiple Launch Rocket System Alternative Warhead at White Sands Missile Range, N.M. Launched from a HIMARS mobile launcher, the GMLRS rocket flew 35 kilometers to the target, where the warhead detonated.

Early last month, the Defense Security Cooperation Agency sought congressional approval of two competing weapons sales to South Korea.

Fairlawn, N.J.-based AnythingIT Inc. , a leading information technology recycler serving government and commercial clients, has announced that it has been awarded a three-year nationwide contract to provide electronics recycling and remarketing services to Lockheed Martin Corp., headquartered in Bethesda, Md.

The U.S. Air Force is expected to pick a winner this summer to build an advanced radar system capable of tracking an estimated half a million pieces of manmade space junk, floating in orbit, before it can threaten satellites used for navigation, weather and communication, The Boston Globe reported.

A House defense panel has agreed with the U.S. Navy's request to buy four additional Littoral Combat Ships in the fiscal year starting Oct.

Great Lakes Dredge & Dock Co., LLC, Oak Brook, Ill., was awarded a firm-fixed-price contract with a maximum value of $122,198,956 for dredging services along the Miami Harbor.

Lockheed Martin released the video of the first ever Vertical Take Off conducted by an F-35B Short Takeoff/Vertical Landing Lightning II test aircraft.

The firm currently has an "outperform" rating on the stock. Several other analysts have also recently commented on the stock.

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The US Air Force plans to start operational use of Lockheed Martin Corp.-built F-35 fighter jets in mid-2016, a year earlier than planned, using a similar software package as the Marine Corps, two sources familiar with the plans said on Monday.

Lockheed Martin and the Food Bank of Central New York are working together, creating a M.E.N.U for the hungry living in our community.