Lockheed Martin News

Lockheed Martin Maritime Systems and Sensors in Moorestown, N.J., this week was awarded a contract modification worth at least $7 million and could hit $48 million.

The Air Force said Friday that it has awarded a $262 million satellite contract to a division of Lockheed Martin Corp.

The aircraft will be assigned to the 41st Airlift Squadron, the first active-duty combat C-130J squadron in the U.S. Air Force.

The United States' premier fighter jet, the Lockheed Martin F-22, has recently required more than 30 hours of maintenance for every hour in the skies, pushing its hourly cost of flying to more than $44,000, a far higher figure than for the warplane it replaces, confidential Pentagon test results show.

In response to the economic crisis, companies have downsized, resulting in some terminated employees stealing vital data to improve their job opportunities with a new employer.

Lockheed Martin recently marked the production and delivery of the 1,000th Vertical Launch ASROC missile during a ceremony at the company's Akron, OH, facility.

Lockheed Martin Corp. is setting up a private social network for employees to use in the course of business, as a means to discuss tasks from projects to purchasing.

Microvision, Inc. announced today that it has been awarded a $1,000,000 subcontract by Lockheed Martin Corporation.

Lockheed Martin Corp. has a new $23 million production order in hand for 12 air-to-surface test missiles.

The Corporation is one of two awardees for this indefinite-delivery, indefinite-quantity contract.

Research and Markets: The Lockheed Martin Corporation - Competitive Benchmarking Analysis is Available Today Submitted by admin on 7/3/2009 @ 7:45 AM Companies mentioned in this article: Research and Markets Lockheed Martin is the world's largest defence contractor by revenues.

Sikorsky Aircraft officials say they have an idea on how to continue the Marine One project and keep the cost low.

The U.S. Justice Department has intervened in a so-called "whistleblower" lawsuit that accuses several companies and former government employees of rigging a winning bid on a $3.2 billion computer contract at Stennis Space Center in Mississippi.

Lockheed Martin Maritime Systems and Sensors in Moorestown, N.J., has received a $44.9 million contract from the Navy through the Foreign Military Sales Program to tie together the computer systems on three air warfare destroyers being built by the Australian Navy.

A $10,000 grant from Lockheed Martin will fund training programs at Peninsula College to help Angeles Composite Technologies Inc.

Lockheed Martin Corp. 's Orlando missiles unit said Tuesday it has delivered the first copy of its advanced weapons-targeting system for the U.S. Marine Corps' AH-1Z Cobra combat helicopter.

A stealth expert on the F-117 and B-2 programmes intends to file suit against Lockheed Martin later this week for concealing alleged deficiencies with the stealth coatings for the F-22. The pending lawsuit accuses Lockheed of knowingly providing defective coatings used to reduce the aircraft's radar and visual signatures, and covering up the ...

After the government cut Lockheed's VH-71 presidential helicopter contract, company officials planned to cut nearly 1,000 jobs from the Owego plant.

In a radical revamp of its surface fleet modernization program, the Israel Navy has shelved long-held plans to purchase Lockheed Martin-produced Littoral Combat Ships , as well as a fallback option involving corvetees built by Northrop Grumman.

Preparing for a possible showdown with Congress, the White House on Wednesday threatened to veto legislation authorizing a $680 billion military budget if it contains money for jet fighters the Pentagon doesn't want.