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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.

Middle East Contracts Loss Hit Lockheed Martin Q1 Earnings

April 26, 2017 @ 03:20 PM

Lockheed Martin booked $184M in charges on two Middle East contracts, in a move that highlights the potential pitfalls of the overseas deals that have been driving growth for US...

F-35 jets, Apache Choppers To Fly From UK's HMS Queen Elizabeth Carrier...

April 26, 2017 @ 02:38 PM

UKs HMS Queen Elizabeth aircraft carrier will start receiving F-35 fighter jet and various helicopters including Apache, Merlin, Wildcat, Chinook in 2018. UK has set target to reach initial operating capability...

Indonesia Orders Lockheed Martin’s Sniper Advanced Targeting Pod For F-16 Falcons

April 26, 2017 @ 09:39 AM

Indonesia will equip its F-16 Fighting Falcon fighter jets with Lockheed Martins Sniper Advanced Targeting Pod under an agreement signed during the US Vice President Mike Pence visit to Jakarta...

Lockheed Martin Wins $109 Million US Navy Contract For F-35 Hardware, Software

April 26, 2017 @ 08:27 AM

The US Navy has awarded a $109 million contract to Lockheed Martin for hardware and software upgrade kits in support of the F-35 Joint strike fighter aircraft. The awarded contract is...

Lockheed Martin Incurs Reduced Net Earnings Of $114 Million In Q1

April 25, 2017 @ 02:08 PM

Lockheed Martin incurred reduced net earnings of $114 million, or $0.39 per share due to a $120 million charge on a 'loss program' to design, integrate, and install an...

Bulgaria Completes Assessment Of Offers For New Combat Aircraft

April 25, 2017 @ 01:43 PM

Bulgarian working group has completed the analysis on offers for the supply of new combat aircraft to replace its ageing fleet of Russian-made MiG fighter aircraft. The working group set up...

Lockheed Martin's MUOS Satellite Terminals To Connect Beyond Line-Of-Sight

April 25, 2017 @ 10:54 AM

Lockheed Martin's fifth Mobile User Objective System (MUOS) satellite will support US Naval troops with ultra high frequency communications. The MUOS-5 satellite has completed Global Military Cellular Network as spare for...

Boeing-Saab’s Second T-X Aircraft Takes Flight

April 25, 2017 @ 09:53 AM

Boeing and partner Saab have completed the first flight of their second production-ready T-X aircraft designed specifically for the US Air Force $16.3 billion advanced pilot training requirement

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