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Lockheed Martin

Aerospace and defense manufacturer

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Lockheed Martin: Aerospace and defense manufacturer
Lockheed Martin Corporation is an American aerospace, defense, arms, security, and advanced technologies company with worldwide interests. It was formed by the merger of Lockheed Corporation with Martin Marietta in March 1995. It is headquartered in North Bethesda, Maryland, in the Washington, D.C., area. Lockheed Martin employs approximately 110,000 people worldwide as of January 2020.


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U.S. Senate panel authorizes $9.1 billion for 95 F-35 jets made by Lockheed

The U.S. Senate Armed Services Committee said on Thursday it had authorized $9.1 billion to produce 95 F-35 aircraft in its version of the 2021 National Defense Authorization Act, or NDAA, an annual..
Reuters - Published

New Zealand says to buy five new Super Hercules aircraft

New Zealand said on Friday that it will purchase five C-130J-30 Super Hercules transport aircraft from Lockheed Martin to replace its existing fleet.
Reuters - Published

Exclusive: Japan favors home-grown design for next-generation fighter after rejecting foreign plans: sources

Japan wants to develop a stealth fighter domestically, rejecting designs from Lockheed Martin Corp and Boeing Co in the United States and Britain's BAE Systems PLC, three sources with knowledge of the..
Reuters - Published

Lockheed gets $932 million Pentagon contract for THAAD interceptors

Lockheed Martin Corp was awarded a $932 million Pentagon contract on Tuesday for THAAD interceptor missiles, some of which are slated to be delivered to the Kingdom of Saudi Arabia.
Reuters - Published

Exclusive: India readying $2.6 billion U.S. naval helicopter deal ahead of Trump trip

India is set to give final approval to a $2.6 billion deal for military helicopters from U.S. defense firm Lockheed Martin ahead of a proposed visit by U.S. President Donald Trump this month, defense..
Reuters - Published

Pentagon official, Lockheed Martin pull out of Singapore Airshow as virus alert level raised

The Pentagon shrunk the size of its delegation traveling to the Singapore Airshow and U.S. defense firms Lockheed Martin Corp and Raytheon Co said they would not attend, as the impact of the..
Reuters - Published

Lockheed Martin drops out of Singapore Airshow over coronavirus concerns

U.S. weapons maker Lockheed Martin Corp said on Friday it will not participate in next week's Singapore Airshow over coronavirus concerns.
Reuters - Published

F-35 logistics system to be reinvented and renamed, official says

The computer-based logistics system of the F-35 stealth fighter jet made by Lockheed Martin , which has been plagued by delays, will be replaced by another network made by the same company, a Pentagon..
Reuters - Published

Pentagon announces F-35 jet prices for next three years

The Pentagon announced pricing details on Tuesday for its agreement with Lockheed Martin Co that lowers the cost of the F-35 jets it plans to purchase through 2022 by 12.7%, which may encourage other..
Reuters - Published

U.S. backs proposed $6.5 billion sale of 32 F-35 Lockheed jets to Poland

The U.S. State Department said on Wednesday it had approved a proposed sale of 32 Lockheed Martin Corp F-35 fighter jets worth $6.5 billion to Poland.
Reuters - Published

Airbus pulls out of Canada fighter jet race, boosts Lockheed Martin's chances

Airbus SE on Friday pulled out of a multibillion-dollar competition to supply Canada with 88 new fighter jets, a decision that boosts the chances of rival Lockheed Martin Corp .
Reuters - Published

Canada launches contest to build new fighter jet; first delivery in 2025

Canada launched a long-delayed competition to build new fighter jets on Tuesday, and said it was confident no favoritism had been shown toward any one contender, though some in the industry have said..
Reuters - Published

Canada launches fighter jet competition, sees first aircraft delivery in 2025

Canada officially launched a long-delayed competition for new fighter jets on Tuesday, and said it was confident that there had been no favoritism toward any one contender though some have said the..
Reuters - Published

Lockheed awarded $1.48 billion Saudi missile defense contract: Pentagon

Lockheed Martin was awarded a $1.48 billion contract to build the THAAD missile defense system for Saudi Arabia, bringing the total value of the deal to $5.36 billion, the Pentagon said on Friday.
Reuters - Published

Lockheed Martin plans to expand Milwaukee plant workforce by 15%

Defense contractor Lockheed Martin Corp said on Friday it plans to increase the workforce at its Milwaukee facility by more than 15% this year.
Reuters - Published

Lockheed Martin to keep Pennsylvania plant open at Trump's request

Lockheed Martin Corp has decided to keep the Sikorsky helicopter plant in Coatesville, Pennsylvania, open after U.S. President Donald Trump pressed its chief executive to continue operations, the..
Reuters - Published

Exclusive: Airbus, Boeing indicate they may pull out of Canada fighter jet race - sources

Airbus SE and Boeing Co may pull out of a bidding process to supply Canada with new fighter jets because they say the contest is unfairly tilted toward Lockheed Martin Corp, two sources with direct..
Reuters - Published

Iraq, U.S. deny planned evacuation of contractors from Iraqi base

Iraqi and U.S. military spokesmen denied on Saturday that U.S. forces were preparing to evacuate hundreds of staff of Lockheed Martin Corp and Sallyport Global from an Iraqi military base where they..
Reuters - Published

U.S. forces prepare to evacuate contractors from Iraqi base: military sources

U.S. forces are preparing to evacuate hundreds of staff working for Lockheed Martin Corp and Sallyport Global from an Iraqi military base where they work as contractors, three Iraqi military sources..
Reuters - Published

Trump presses Lockheed to keep open a Pennsylvania plant slated for closure

U.S. President Donald Trump on Friday urged Lockheed Martin Corp to keep open its Sikorsky helicopter plant in Coatesville, Pennsylvania, a week after the weapons maker announced the planned closure of..
Reuters - Published

New Zealand selects Lockheed C-130J as preferred military transport replacement

New Zealand on Tuesday said it had selected Lockheed Martin Corp's C-130J Super Hercules as the preferred replacement for five aging C-130 Hercules military transport aircraft, a choice in line with..
Reuters - Published

Pentagon agrees first multiyear purchase of F-35 jets, worth $34 billion

The U.S. Department of Defense has a "handshake" agreement that would cut the price of the F-35A fighter jet by 8.8% and bring the price of each Lockheed Martin Co aircraft below $80 million dollars a..
Reuters - Published