Lockheed Martin News

Senators sought cost-cutting opportunities Wednesday in the Pentagon's $400 billion program for the next-generation F-35, a fighter jet being developed by Lockheed Martin Corp., the Associated Press reported.

Lockheed Martin Corp has signed a contract with Mitsubishi Heavy Industries Ltd to begin work on a final assembly and checkout plant for the F-35 Joint Strike Fighter in Japan, the top U.S. arms maker said on Wednesday.

Many investors read over the earnings reports of companies that they own, but what some fail to do is search for trends that may carry over on a quarter to quarter basis.

Exelis Inc. is an aerospace & defense company that was spun off from ITT Corp on October 31, 2011.

Hnefoss, Norway, 19 June, 2013 Mr. Christopher Kubasik former President and Chief Operating Officer of Lockheed Martin Corporation has accepted a position to join the Board of Directors of Norsk Titanium Components AS .

This $3 billion company is also handily beating the market as it shifts its focus to move deeper into the information and analytics industry.

United Technologies Corp.'s Pratt & Whitney unit and its subcontractors will pay the entire cost of grounding the Pentagon's F-35B fighters in January because of a propulsion-system flaw, the unit's top official said.

Canadian Solar Inc. shares spiked 7.66 percent to close at $10.12 a share Monday.

The Durham office building at 2605 Meridian Parkway has been sold to a Charlotte real estate investor for $5.2 million.

With development and technology challenges on the Lockheed Martin Corp F-35 fighter increasingly under control, the company and the U.S. military are taking aim at a more vexing problem: the cost of flying and maintaining the new warplane.

Lockheed Martin and State Nuclear Power Automation System Engineering Company have signed an agreement to prototype, manufacture and qualify nuclear power plant reactor protection systems for China's Generation III reactors.

ITT Exelis has been awarded a multi-million dollar contract from www.lockheedmartin.com %2F&esheet=50653046&lan=en-US&anchor=Lockheed+Martin&index=1&md5=e6dbfcaea8c9050258bc876835f8f4ea"> Lockheed Martin to fabricate composite blade seal components for all variants of the www.f35.com ... (more)

South Korea formally opened bidding Tuesday on a $7.3 billion deal to provide 60 advanced fighter planes, with three aviation giants vying for what is the Asian nation's largest defence contract to date.

U.S. arms makers see rising foreign demand for fighter jets, missile defense systems and other weapons as countries modernize their forces and U.S. officials, facing tighter budgets, encourage allies to invest more in intelligence gathering and aerial refueling equipment.

The 2,000 pound AGM-158 JASSM is intended to be a stealthy, inexpensive GPS/IIR guided cruise missile.

Lockheed Martin Corp clinched two back-to-back contracts from the Department of Defense.

The U.S. manufacturer of the oft-maligned F-35 has signed a deal with a leading Canadian maker of flight simulators in anticipation of the Harper government choosing to stick with the controversial stealth fighter program.

Lockheed Martin announced today that it is hosting 20 middle and high school teachers over the summer as part of the company's long-standing support of the Bay Area-based Industry Initiatives for Science and Math Education and its Summer Fellowship Program.

U.S. stock futures advanced, signaling the Standard & Poor's 500 Index will rebound from last week's decline, as investors awaited this week's Federal Reserve monetary policy meeting.

As part of the Indian Army and U.S. Army Yudh Abhyas joint exercise, the Raytheon Company and Lockheed Martin Corporation Javelin Weapon System proved flawless performance as an anti-tank guided missile.