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James Taiclet, president and CEO of Lockheed Martin (NYSE: LMT), said the company has accelerated more than $1.1B in progress payments it has received from the Department of Defense to its suppliers to support the defense industrial base and national security efforts during the COVID-19 pandemic....
Lockheed Martin (NYSE: LMT) will provide additional support services to South Korea's F-35 aircraft under a $183.8M contract modification from the U.S. Navy....
James Taiclet, a board member at Lockheed Martin (NYSE: LMT) since 2018, on Monday officially assumed his duties as president and CEO of the company. He succeeds Marillyn Hewson, who now serves as executive chairman of the board and continues to support the leadership transition....
Lockheed Martin (NYSE: LMT) has landed a potential five-year, $375.5M U.S. Navy contract modification to build software and hardware for India's MH-60R multirole helicopter development program....
Lockheed Martin (NYSE: LMT) has received a four-year, $368.1M contract modification from the U.S. Navy to manufacture five units of the F-35 conventional takeoff and landing variant and one piece of the short takeoff/vertical landing version for the Italian military....
Lockheed Martin (NYSE: LMT) has secured $1.04B contract modification to support the production of updated guided air and missile defense systems for the U.S. Army and seven foreign countries. Work covers planning, technical, management, incidental, testing and manufacturing services for the Phased Array Tracking Radar to Intercept on Target Adva...
Matt Tarascio and Chris Benson of Lockheed Martin (NYSE: LMT) said agencies should begin with having unbiased, secure datasets in order to build up the public’s trust in artificial intelligence applications and comply with legal requirements....
New Zealand has confirmed its intent to buy five Lockheed Martin-built (NYSE: LMT) Super Hercules transport aircraft from the U.S. government through a foreign military sales transaction worth an estimated $993.3M....
The U.S. Army has awarded Lockheed Martin (NYSE: LMT) a three-year, $106.3M contract to perform industrial engineering work for contractor-facilitated international logistics operations for the Multiple Launch Rocket System....
Lockheed Martin (NYSE: LMT) has been awarded a $393.8M contract modification by the U.S. Navy to manufacture F-35 pilot flight and ancillary mission equipment for domestic and international defense customers....
