Post Tagged with: "lockheed martin"

Lockheed Martin Announces Fourth Quarter and Full Year 2011 Results

Lockheed Martin Announces Fourth Quarter and Full Year 2011 Results

BETHESDA, Md.: Lockheed Martin Corporation today reported fourth quarter 2011 net sales of $12.2 billion compared to $12.8 billion in 2010. Earnings from continuing operations during the fourth quarter of 2011 was $698 million, or $2.14 per diluted share, compared […]


Lockheed Delivers 4th Upgraded P-3 Orion to US Customs and Border Protection

Lockheed Delivers 4th Upgraded P-3 Orion to US Customs and Border Protection

Lockheed Martin delivered the fourth P-3 Orion with new Mid-Life Upgrade (MLU) modifications to U.S. Customs and Border Protection two months ahead of schedule on Jan. 20. The MLU installation and phase depot maintenance (PDM) were accomplished in record time […]


Lockheed Martin F-35A Performs First Night Flight

Lockheed Martin F-35A Performs First Night Flight

The first night flight in the history of the Lockheed Martin F-35 Program was completed Wednesday at Edwards Air Force Base, Calif. Piloted by Lockheed Martin Test Pilot Mark Ward, AF-6, an F-35A conventional takeoff and landing (CTOL) variant, launched […]


Lockheed Martin Acquires Procerus Technologies

Lockheed Martin Acquires Procerus Technologies

Lockheed Martin has announced the acquisition of Procerus Technologies, a company specializing in autopilot and other avionics for micro unmanned aerial systems. The terms of the agreement were not disclosed, but are not material to Lockheed Martin’s results. “This acquisition […]


Lockheed Announces $980M Missile Defense Contract

Lockheed Announces $980M Missile Defense Contract

Lockheed Martin, as prime contractor leading a consortium of five major defense contractors, has been awarded a follow-on contract with an estimated value of $980M to continue work on the Command, Control, Battle Management and Communications program for the Missile […]


Lockheed Martin F-35 Program Exceeds 2011 Flight Test Goals

Lockheed Martin F-35 Program Exceeds 2011 Flight Test Goals

The Lockheed Martin [NYSE: LMT] F-35 System Development and Demonstration 2011 flight test program resulted in the completion of more test flights and test points than in any year. The 2011 flight test plan called for the accumulation of 872 […]


Lockheed Martin to Upgrade USAF C-130 Training Devices

Lockheed Martin to Upgrade USAF C-130 Training Devices

The U.S. Air Force awarded Lockheed Martin [NYSE: LMT] a $24 million contract to upgrade weapons systems trainers used in the C-130 Aircrew Training System (ATS) II. The C-130 ATS II program provides a comprehensive academic and simulation training program […]


Lockheed Receives $1.96 Billion THAAD Production Contract for the UAE

Lockheed Receives $1.96 Billion THAAD Production Contract for the UAE

Lockheed Martin received an undefinitized contract totaling $1.96 billion to produce the Terminal High Altitude Area Defense (THAAD) Weapon System for the Missile Defense Agency and the United Arab Emirates. The contract is the first Foreign Military Sale (FMS) of […]


Japan Selects Lockheed Martin F-35 JSF Lightning II

Japan Selects Lockheed Martin F-35 JSF Lightning II

The Japan Ministry of Defense has announced its selection of the Lockheed Martin F-35 Lightning II as the Japan Air Self Defense Force’s (JASDF) next generation fighter aircraft, following the F-X competitive bid process. The F-35A conventional takeoff and landing […]


 
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