Lockheed Martin‘s (NYSE: LMT) board of directors has approved a dividend of $1.15 per share for the first quarter of its 2013 fiscal year, the company said Thursday. Shareholders of record as of the close of business on March 1 will receive the payment March 29. The company also paid shareholders a $1.15-per-share dividend for its fourth quarter... 

Bob Stevens Lockheed Martin (NYSE: LMT) has acquired substantial assets of Alberta, Canada-based software engineering firm CDL Systems Ltd. for an undisclosed amount, Lockheed announced Friday. “This transaction provides us a common software solution with significant in-theater experience that furthers our ability to meet our customers’ growing need... 

Bob Stevens Lockheed Martin (NYSE: LMT) has delivered three F-35 short takeoff and vertical landing fighter jets to the U.S. Marine Corps, the company announced Tuesday. These three jets increase the Marine Corps’ total number of STOVL aircraft to 16, with the total number of F-35s delivered in 2012 now at 20. “For more than 50 years, itInformation... 

Marillyn Hewson Lockheed Martin (NYSE: LMT) has elected Marillyn Hewson, currently executive vice president for electronic systems, to succeed the retiring Bob Stevens as chief executive, effective Jan. 1, 2013. Bob Stevens In a release, the company said itInformation Technology also named her president, chief operating officer and director, effective... 

Dale Bennett Lockheed Martin (NYSE: LMT) has divided its electronic systems area into two new sectors and named Dale Bennett and Rick Edwards executive vice presidents for the new units, with the structure effective Dec. 31. Rick Edwards On that date, the company said Bennett will serve as EVP for the new mission systems and training area and Edwards... 

Bob Stevens Lockheed Martin‘s (NYSE: LMT) board of directors has approved a fourth quarter 2012 dividend of $1.15 per share, representing a 15 percent increase over the last quarter. The company said this dividend is payable on Dec. 28, 2012 to holders of record as of the close of business on Dec. 3, 2012. Despite the uncertain budget environment... 

Lockheed Martin (NYSE: LMT) announced financial results for its fiscal year 2012 second quarter, reporting a 5.25 percent increase in net earnings over the prior year period. The company also reported $1.2 billion in quarterly total consolidated operating profit, a 20.8 percent increase over the $993 million reported in the fiscal 2011 second quarter. The... 

GovCon saw a number of top position changes and executive-level hires in the month of June, with GovCon Wire covering 20 in all. Three of GovCon’s largest firms will have new CEOs this year, all of whom previously served as COOs at their respective companies Hiring intelligence and information executives was also trending this month as five... 

Bob Stevens, Lockheed Martin Lockheed Martin Corp. (NYSE: LMT) announced Thursday that Chairman and CEO Bob Stevens will retire as chief executive before the end of the year and will be succeeded byBudget Year President and Chief Operating Officer Chris Kubasik Jan. 1, 2013. The Bethesda, Md.-based security and aerospace contractor said Stevens will... 

Lockheed Martin Corp. (NYSE: LMT) appointed Larry Lawson as executive vice president of the company’s aeronautics business area, Lockheed announced Thursday. The 32-year aerospace veteran is currently vice president and general manager of the company’s F-35 program. He previously held the same positions for the company’s F-22 program. Lawson...