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Lockheed Martin (NYSE: LMT) has agreed to acquire Syracuse, New York-based health information technology services contractor Systems Made Simple for an undisclosed sum in a push to expand offerings in the federal health IT market. The companies expect to close the deal within 30 days and Systems Made Simple will be a part of Lockheed’s...

Lockheed Martin (NYSE: LMT) will move forward on its share repurchase program after the board of directors approved to buy back an additional $2 billion of the company’s common stock. The company also said Thursday its dividend for its fiscal year 2014 fourth quarter will increase 13 ...

Lockheed Martin (NYSE: LMT) has bought airport planning and forecasting tools provider BEONTRA AG for an undisclosed amount. Marillyn Hewson, Lockheed chairman, president and CEO, said Tuesday that BEONTRA’s traffic and revenue planning portfolio will be integrated into Lockheed’s commercial aviation offerings. “BEONTRA’s capabi...

Marillyn Hewson, who became president and CEO of Lockheed Martin (NYSE: LMT) in January, has been elected to succeed current Executive Chairman Bob Stevens as chairman of the board. Stevens,  who led the company as CEO from 2004 to 2012, will step down from the board of directors Dec. 31 and retire from the company...

Lisa Callahan, a 27-year veteran of Lockheed Martin (NYSE: LMT), has been appointed to serve as vice president of internal audit and as a corporate officer starting Dec. 1. She currently serves as vice president and general manager for the undersea systems line of business within the mission systems and training business area,  the company said...

Lockheed Martin (NYSE: LMT) has acquired Scotland-based information technology services provider Amor Group for an undisclosed amount in a move aimed at diversifying Lockheed’s IT portfolio. Amor Group focuses on the energy, transportation and public services sectors and built the Chroma Airport suite that works to manage aircraft movements a...