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Lockheed Martin (NYSE: LMT) and the Department of Defense have finalized a $34B contract for the company to produce and deliver 478 F-35 Lightning II fighter jets for lots 12 through 14 in support of U.S. service branches, allies and foreign military sales clients....

Lockheed Martin's (NYSE: LMT) aeronautics business has received a potential $7B contract modification from the U.S. Navy to produce and deliver 114 lot 13 F-35 fighter jets to domestic and foreign military sales clients....

Former Sempra Energy Chairman, President and CEO Debra Reed-Klages has been named a member of Lockheed Martin's (NYSE: LMT) board of directors in a move that takes effect Nov. 1. "Debra brings a demonstrated track record of global business leadership and extensive experience in risk management and environmental and sustainability strat...

Lockheed Martin (NYSE: LMT) has received a $148.4M order to support durability tests on F-35B jets belonging to the U.S. Marine Corps and non-Department of Defense participants in the fighter aircraft program. The company will conduct tests needed to certify the short takeoff/vertical landing variant to reach a 30-year service life, DoD said...

Engineering and construction management services provider TRC Companies has agreed to buy a Lockheed Martin (NYSE: LMT) business unit that provides energy services to gas and electric utilities....

QinetiQ announced on Wednesday that the company has entered into an agreement to acquire Manufacturing Techniques (MTEQ) on a cash-free, debt-free basis for $105 million to be paid in cash on completion. The transaction will more than double the size of QinetiQ™s U.S. operations.  œThe acquisition of MTEQ is a significant step towards...