Lockheed Martin News

The Joint Air to Ground Missile appears to be a weapon with nine lives. After an earlier version of the advanced anti-tank weapon was canceled in 2005, the revived program has apparently survived another near-death experience as the Pentagon decides how to divvy up $450 billion in budget cuts over the next 10 years.

Exelis, Computer Sciences Corp. and Raytheon risk losing $3 billion in rocket-launch revenue during the next decade as the U.S. Air Force consolidates contracts to reduce costs.

Taxpayers contributed more than $3.3 billion to the pension programs of 18 of the biggest federal contractors in 2010, according to estimates by the Citizens Against Government Waste watchdog group.

Washington's plan to further slow production of the F-35 Joint Strike Fighter is prompting its eight foreign partners to rethink their own orders, threatening a vital revenue stream for Lockheed Martin Corp and slowing its drive to make the stealthy new fighter jet as affordable as promised.

Modern jets like the A380 superjumbo, lightweight Dreamliner and new and improved version of the jumbo jet, the 747-8i offer a greener future for air travel.

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Lockheed Martin employees from Salina will be working on some of the most remotely located radar systems operated by the U.S. Air Force.

LOUISVILLE, Ky. -- A federal inmate has pulled off a rare feat - suing the federal government and getting a trial date.

The stealth design of the F-35 joint strike fighter is supposed to make it nearly invisible to enemy radar, but the super high-tech combat aircraft may not be able to avoid the bull's-eye of Pentagon budget-cutters. Congress' failure last month to agree on $1.2 billion in additional deficit reduction measures means the Defense Department is facing ... (more)

Lockheed Martin Corp., Lockheed Martin Aeronautics Co., Fort Worth, Texas, is being awarded a $14,800,000 modification to a previously awarded advance acquisition contract to procure long lead items for F-35 Lightning II Joint Strike Fighter low rate initial production Lot 6 short take-off vertical landing aircraft for the Marine Corps.A Work will ... (more)

William Greenwalt has joined AIA as Vice President of Acquisition Policy, bringing extensive procurement public policy experience in both the legislative and executive branches to the position.

China's surging defense budget, the world's second-biggest, is helping spur military spending across Asia, offering U.S. and European suppliers a chance to offset slowing demand at home.

For progressives and populists around the country who take an interest in Congressional races there are always a few good challengers we might hope to send to Washington.

Mastercard Inc. : MasterCard Worldwide and Silver Tail Systems, a leading provider of web session intelligence, announced a new exclusive relationship that will focus on leveraging and creating innovative solutions to help combat online fraud.

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MOTORING ACROSS THE PUGET Sound, Reenst Lesemann spots a yellow, barnacle-encrusted contraption bobbing on the wind-whipped waters off Seattle .

The following video is part of our "Motley Fool Conversations" series, in which industrials editor/analyst Brendan Byrnes and technology editor/analyst Andrew Tonner discuss topics across the investing world.

When Ralph Heath retires April 1 as president of Lockheed Martin Aeronautics, he will receive a generous financial package to cushion his departure.

Britain has deferred to 2015 a firm commitment on how many Lockheed Martin Corporations F-35 Joint Strike Fighter jets it will buy, adding to uncertainties over the multinational programme which has recently been questioned in the US Congress.

The premiers are heading a delegation of 55 Canadian business leaders on a three-day trip to Atlanta to explore trade and investment opportunities.