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Latest News Mentioning Lockheed Martin

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The Federal Trade Commission postponed a decision on Lockheed Martin’s (NYSE: LMT) proposed $4.4 billion cash acquisition of rocket propulsion builder Aerojet Rocketdyne (NYSE: AJRD) for two weeks, giving U.S. antitrust regulators extra time to assess the terms of the companies’ deal, Reuters reported Tuesday. Sources told Reuters that the a...

Justin Taylor Justin Taylor, Greg Forrest and Mike Harasimowicz of Lockheed Martin (NYSE: LMT) said accelerating the ethical application of artificial intelligence is key to achieving the potential of AI in addressing national security challenges and helping the government carry out its missions. The Bethesda, Maryland-based aerospace and defense co...

Israel intends to purchase a dozen CH-53K helicopters, built by Lockheed Martin’s (NYSE: LMT) Sikorsky subsidiary, and a pair of KC-46 aerial refueling aircraft, produced by Boeing (NYSE: BA), through an approximately $3.1 billion agreement signed with the U.S. government, Reuters reported Friday. The Israeli defense ministry expects to receiv...

Lockheed Martin (NYSE: LMT) has received a $102.4 million contract from the U.S. Army to produce components and spares of the Apache attack helicopter’s updated sensor system. The military service is procuring the hardware items for the Modernized Target Acquisition Designation/Pilot Night Vision Sensor System from the company’s missiles...

Lockheed Martin (NYSE: LMT) has received a one-year, $492.7 million contract modification to provide logistics support for F-35 aircraft systems that have been delivered to U.S. military and foreign military sales customers. The award to Lockheed’s aeronautics segment covers work to operate and maintain an automatic logistics information syste...

Lockheed Martin (NYSE: LMT) has received a $49.06 million U.S. Navy contract to design and develop an F-35 aircraft variant for an unnamed foreign military sales customer. The company will perform engineering work and other related efforts as part of the five-year project, the Department of Defense said Monday. Seventy-seven percent of contractor ac...

Naval Air Systems Command has awarded Lockheed Martin (NYSE: LMT) a $211.2 million contract modification to obtain ancillary mission equipment for lots 15 and 16 of the F-35 aircraft. The award expands the scope of F-35 equipping support for the U.S. Air Force, non-Department of Defense entities and foreign military sales customers, DOD said Wednesd...

Lockheed Martin (NYSE: LMT) has secured a five-year, $27.4 million contract to help the U.S. Space Force maintain a one-way wideband broadcast system used to transmit information to deployed and in-garrison forces across the globe.4 The company will provide architecture sustaining engineering support to the Global Broadcast Service through December ...

Finland has selected Lockheed Martin‘s (NYSE: LMT) F-35A Lightning II through an open competition for the country’s approximately $11.3 billion HX fighter program. The company said Friday it will provide 64 fighter jets, weapons, training and sustainment support services to the Finnish air force. “The F-35 will provide Finnish industri...

Robert Lightfoot, vice president of operations at Lockheed Martin‘s (NYSE: LMT) space business area, has been promoted to lead the segment as executive vice president. He will assume his new position on Jan. 1 and replace Rick Ambrose, who intends to retire in March after a more-than-20-year career at Lockheed and will support transition effor...