Lockheed Martin Corporation

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Lockheed Martin wins $17 million Navy contract

AP News 5 days ago

Lockheed wins $17 million Navy contract for missile launch systems, could reach $104 million Lockheed Martin Corp. said Wednesday it recently won a $17 million Navy contract for engineering on Navy missile launch systems, and with options it could be worth $104 ...

Lockheed CEO pay drops 10 pct to $20.6M in 2009

AP News 10 days ago

Lockheed Martin CEO pay falls 10 percent to $20.6 million during rocky year for defense giant The pay of Lockheed Martin Corp. CEO Robert Stevens fell 10 percent in 2009 as the nation's biggest defense contractor felt the effects of shifting Pentagon ...

Maine, Alabama shipbuilders end team arrangement

AP News 10 days ago

Bath Iron Works, Austal USA end partnership with a goal of each building speedy warships Shipbuilders Bath Iron Works in Maine and Austal USA in Alabama are ending their partnership, allowing each of them to compete on their own for a lucrative ...

US announces two-year delay in F-35 fighter program

AFP American Edition 13 days ago

The US Air Force announced Tuesday a two-year delay in the production of its new F-35 stealth fighter, touted as the future of the American air fleet. Secretary of the Air Force Michael Donley, the civilian head of the department, told reporters ...

Pentagon slips F-35 schedule, reviews costs

Reuters US Online Report Politics News 13 days ago

WASHINGTON (Reuters) - U.S. Air Force Secretary Michael Donley on Tuesday underscored the Pentagon's commitment to Lockheed Martin Corp's F-35 fighter program, saying it would likely survive a mandatory review triggered by cost overruns. Pentagon acquisition chief Ashton Carter last week signed ...

Lockheed seeks to predict cybersecurity threats

Reuters US Online Report Technology News 14 days ago

GAITHERSBURG, Maryland (Reuters) - Lockheed Martin Corp, the No. 1 information technology provider to the U.S. government, is working hard to better predict and protect against increasingly sophisticated and stealthy cyber attacks. Lockheed, also the Pentagon's biggest contractor, is opening a second ...

Lockheed gets $17.7M contract option

AP News 18 days ago

Lockheed and team get $17.7 million contract option for military communication system Lockheed Martin Corp. said Thursday it received a contract option to develop new equipment for a military communication system. The defense contractor said its team, which also includes General Dynamics, ...

Lockheed names Kubasik as president, COO

Reuters US Online Report Business News 19 days ago

<div><p>WASHINGTON (Reuters) - Lockheed Martin Corp &lt;LMT.N&gt; on Thursday said its board had elected Christopher Kubasik as the company's president and chief operating officer, a reorganization aimed at strengthening program oversight in an increasingly difficult environment for U.S. defense spending.</p><p>Bob Stevens ...

Lockheed picks Kubasik as president, COO

AP News 19 days ago

<div id="subtitle">Lockheed's Kubasik named president, COO to improve oversight as pressure grows to cut spending</div><div><p>Lockheed Martin Corp. said Thursday Christopher Kubasik will serve as president and chief operating officer, starting on Jan. 1, in an effort to enhance oversight of its fighter ...

Lockheed Martin gets $6.2M Army deal

AP News 19 days ago

<div id="subtitle">Lockheed Martin gets $6.2 million Army deal to develop gradiometer</div><div><p>A division of Lockheed Martin Corp. recently received a $6.2 million contract from the Army to develop a full tensor gravity gradiometer, the Pentagon said late Thursday.</p><p>A ...

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