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Lockheed Martin

Lockheed Martin is a major American aerospace, arms, defense, information security and technology company actively involved in research, design, and development.

Lockheed Martin Plans to Reduce F-35 Fighter Jet Cost To $80 Million...

December 18, 2017 @ 04:53 PM

Lockheed Martin plans to reduce per unit cost of F-35 fighter jet to $80 million by 2020. With the incorporation of lessons learned, process efficiencies, production automation, facility and tooling upgrades,...

Lockheed Martin to build AEGIS weapon system for Japan

December 18, 2017 @ 10:48 AM

Lockheed Martin is being awarded a nearly $136 million contract for new construction DDG AEGIS weapon system J7 baseline development and integration in support of the Japan Maritime Self Defense...

Aerion and Lockheed Martin MOU on Developing AS2 Supersonic Business Jet

December 18, 2017 @ 04:22 AM

Aerion and Lockheed Martin announced a Memorandum of Understanding (MOU) Firday to explore the joint development of the world's first supersonic business jet, the Aerion AS2. Over the next 12 months,...

US Navy Commissions Fifth Littoral Combat Ship

December 18, 2017 @ 04:02 AM

The US Navy commissioned USS Little Rock (LCS 9), the nation's fifth Freedom-variant Littoral Combat Ship (LCS) on the Buffalo River on Saturday. The ship is built by a Lockheed Martin...

Lockheed Martin Test Fires Production-configured LRASM from USAF B-1B Bomber

December 13, 2017 @ 11:57 AM

Lockheed Martin has test fired production-configuration Long Range Anti-Ship Missiles (LRASM) from a US Air Force B-1B bomber. During the test over the Sea Range at Point Mugu, California, B-1B aircrew...

Eurofighter Front-runner in German Bid to Replace Tornado Fighters

December 12, 2017 @ 07:29 AM

The German Defense Ministry has said that Eurofighter Typhoon multi-role fighters as a front runner in its bid to replace aging Tonado jets. In a letter to a Greens lawmaker, the...

Bulgaria Requests Russia to Overhaul 15 Aged Mig-29 Fighters for $49 Million

December 11, 2017 @ 02:53 PM

Bulgaria has requested Russian MiG to overhaul and maintain its 15 ageing MiG-29 fighter aircraft for $49 million for a period of four years. Bulgaria decided to rewrite the requirements and...

Framework for Transfer of Classified Defense Tech to Indian Private Cos Needed:...

December 11, 2017 @ 02:14 AM

The US-India Business Council (USIBC) along with US defense firms wants the Indian government to formulate a framework to ensure safety and security of critical technology and classified defense information...

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