9/21/23 | 2nd Lockheed Martin *SEARCH*
American aerospace, arms, defense, information security, and technology corporation
The Lockheed Martin Corporation
is an American aerospace, arms, defense, information security, and technology corporation 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. As of January 2022, Lockheed Martin employs approximately 115,000 employees worldwide, including about 60,000 engineers and scientists.[3]
Lockheed Martin is one of the largest companies in the aerospace, military support, security, and technologies industry. It is the world's largest defense contractor by revenue for fiscal year 2014.[4] In 2013, 78% of Lockheed Martin's revenues came from military sales;[5] it topped the list of US federal government contractors and received nearly 10% of the funds paid out by the Pentagon.[6] In 2009, US government contracts accounted for $38.4 billion (85%), foreign government contracts for $5.8 billion (13%), and commercial and other contracts for $900 million (2%).[7]
Half of the corporation's annual sales are to the U.S. Department of Defense. Lockheed Martin is also a contractor for the U.S. Department of Energy and the National Aeronautics and Space Administration (NASA).[8]
Lockheed Martin operates in four business segments: Aeronautics, Missiles and Fire Control (MFC), Rotary and Mission Systems (RMS), and Space.[9] The company has received the Collier Trophy six times, including in 2001 for being part of developing the X-35/F-35B LiftFan Propulsion System[10][11][12] and most recently in 2018 for the Automatic Ground Collision Avoidance System (Auto-GCAS). Lockheed Martin is currently developing the F-35 Lightning II and leads the international supply chain, leads the team for the development and implementation of technology solutions for the new USAF Space Fence (AFSSS replacement),[13] and is the primary contractor for the development of the Orion command module.[14] The company also invests in healthcare systems, renewable energy systems, intelligent energy distribution, and compact nuclear fusion.[15]
https://en.wikipedia.org/wiki/Lockheed_Martin
NOV 16, 2023
Lockheed Martin’s Precision Strike Missile Completes Shortest-Range Flight Test
DALLAS, November 16, 2023 – Lockheed Martin (NYSE: LMT) successfully completed a production qualification flight test with the U.S. Army in a demonstration at White Sands Missile Range, New Mexico.
OCT 18, 2023
United States Army And Lockheed Martin Conduct Successful Test Of Multi-Function Electronic Warfare-Air Large System
The results will help shape future capabilities for the multi-domain operational force
Lockheed Martin (NYSE: LMT) today announced a successful flight test of the Multi-Function Electronic Warfare-Air Large (MFEW-AL), an airborne electronic payload with attack and support capability.
OCT 17, 2023
Lockheed Martin Reports Third Quarter 2023 Financial Results
Net sales of $16.9 billion, an increase of 2% year-over-year Net earnings of $1.7 billion, or $6.73 per share Cash from operations of $2.9 billion and free cash flow of $2.5 billion $2.5 billion...
OCT 10, 2023
U.S. Army Selects Lockheed Martin To Deliver 300 KW-Class, Solid State Laser Weapon System
The Powerful Laser Weapon System will protect Soldiers from advanced peer and near-peer threats
Lockheed Martin was awarded a contract to develop and deliver up to four 300 kW-class laser weapon systems to the U.S. Army’s Indirect Fire Protection Capability-High Energy Laser (IFPC-HEL) prototype program.
SEP 7, 2023
Lockheed Martin Chairman, President And CEO And CFO To Speak At The Morgan Stanley 11th Annual Laguna Conference
Lockheed Martin (NYSE: LMT) will webcast live a presentation by Chairman, President and CEO Jim Taiclet and CFO Jay Malave at the Morgan Stanley 11th Annual Laguna Conference on Thursday, Sept. 14...
JUL 28, 2023
Lockheed Martin To Scale Its Highest Powered Laser To 500 Kilowatts Power Level
The 500 kW-class laser to support military platforms as part of phase two of the Department of Defense’s HELSI effort
BOTHELL, Wash., July 28, 2023 – Lockheed Martin (NYSE: LMT) will scale its laser technology to a new benchmark: a 500 kW-class laser, the most powerful laser Lockheed Martin has produced ...
JUL 18, 2023
Lockheed Martin Reports Second Quarter 2023 Financial Results
Net sales of $16.7 billion, an increase of 8% year-over-year Net earnings of $1.7 billion, or $6.63 per share Cash from operations of $1.1 billion and free cash flow of $0.8 billion $1.5 billion...
MAY 30, 2023
Lockheed Martin To Collaborate With U.S. Army To Improve Space-Enabled Defense Systems
Team to Advance Technology for Beyond Line-of-Sight, In-flight Target Updates
LITTLETON, Colo., May 30, 2023 – Lockheed Martin signed a Cooperative Research and Development Agreement (CRADA) with the U.S. Army Combat Capabilities Development Command’s Aviation and...
MAY 23, 2023
Lockheed Martin Demonstrates JADC2 Integrated Fires Capability At INDOPACOM Exercise Near Alaska
Joint Fires Network integrates third-party platforms with digital C2 during Northern Edge 2023
Lockheed Martin successfully demonstrated digital command and control (C2) to synchronize joint all-domain fires during the U.S. Indo-Pacific Command’s (INDOPACOM) Northern Edge exercise near Alaska.
APR 28, 2023
US Army Awards Lockheed Martin $615M Production Contract For Domestic And International HIMARS
DALLAS, April 28, 2023 – The U.S. Army has awarded Lockheed Martin (NYSE: LMT) a $615 million full-rate production contract to manufacture additional HIMARS launchers and associated equipment....
APR 27, 2023
US Army Awards $4.79 Billion Production Contract For All-Weather GMLRS Rocket
The U.S. Army has awarded Lockheed Martin (NYSE: LMT) a Not-to-Exceed $4.79 billion contract to manufacture two full-rate production lots of GMLRS rockets and...
APR 3, 2023
U.S. Army Awards Multiple-Year $439M JAGM, HELLFIRE Production Contract
Orlando, Fla. (April 3, 2023) – The U.S. Army awarded Lockheed Martin a multiple-year production contract for Joint-Air-to-Ground Missiles (JAGM) and HELLFIRE missiles with a Program Year 1...
FEB 17, 2023
Lockheed Martin Awarded $1.1 Billion Initial Contract To Provide Nation's First Sea-Based Hypersonic Strike Capability
Lockheed Martin (NYSE: LMT) is partnering with the U.S. Navy to integrate hypersonic strike capability onto surface ships. The U.S. Navy awarded Lockheed Martin a contract worth more than $2...
JAN 30, 2023
DARPA, AFRL, Lockheed Martin And Aerojet Rocketdyne Team's Second Hypersonic Air-Breathing Weapon Concept Launched From B-52 Accomplishes All Test Objectives
DARPA's Latest HAWC Flight Test Demonstrates Mature, Affordable Hypersonic Systems Design and Manufacturing Techniques PALMDALE, Calif., Jan. 30, 2023 /PRNewswire/ -- The Defense Advanced Research...
JAN 23, 2023
Lockheed Martin Achieves First Light In Latest Laser Lab Demonstration
The demonstration verifies beam quality of our affordable 50 kW-class laser architecture designed to meet U.S. Army’s modernization strategy
Lockheed Martin achieved first light from the Directed Energy Interceptor for Maneuver Short-Range Air Defense System (DEIMOS) system, which verifies that the laser’s optical performance ...
DEC 30, 2022
Pentagon And Lockheed Martin Finalize Lot 15-17 Agreement, Capping A Year Of International Growth
The F-35 Joint Program Office and Lockheed Martin have finalized the contract for the production and delivery for up to 398 F-35s for $30 billion, including U.S., international partners and...
DEC 5, 2022
Lockheed Martin And Rafael Advanced Defense Systems To Collaborate On High-Energy Laser System
BETHESDA, Md., Dec. 5, 2022 – Lockheed Martin [NYSE: LMT] and Rafael Advanced Defense Systems, Ltd., of Israel, have signed a teaming agreement that includes jointly developing, testing and...
DEC 5, 2022
Lockheed Martin Delivers Mid-Range Capability Weapon System To The United States Army
Lockheed Martin evolved existing U.S. Navy systems – the Mk 41 launcher and Aegis Combat System – to meet the Army’s requirements
Lockheed Martin today delivered the first Mid-Range Capability (MRC) battery, also known as the Typhon Weapon System, to the United States Army Rapid Capabilities and Critical Technology Office (RCCTO).
NOV 17, 2022
Lockheed Martin, NVIDIA To Build Digital Twin Of Current Global Weather Conditions For The National Oceanic And Atmospheric Administration
Artificial Intelligence-Driven System Will Fuse Sensor Data to Provide Better, Timely World Picture
DENVER, Colorado, Nov. 17, 2022 – Lockheed Martin (NYSE: LMT) and NVIDIA today announced a collaboration to build an Artificial Intelligence (AI)-driven Earth Observations Digital Twin that will...
NOV 16, 2022
Lockheed Martin, Microsoft Announce Landmark Agreement On Classified Cloud, Advanced Technologies For Department Of Defense
Secure cloud, AI/ML and 5G.MIL® solutions will unlock next-generation national security solutions BETHESDA, Md., Nov. 16, 2022 /PRNewswire/ -- The Big Picture Lockheed Martin and Microsoft today...
SEP 15, 2022
Lockheed Martin Delivers Its Highest Powered Laser To Date To U.S. Department Of Defense
The 300 kW-class laser is ready to integrate with the DOD demonstration efforts
Lockheed Martin (NYSE: LMT) delivered to the Office of the Under Secretary of Defense for Research & Engineering OUSD (R&E) a new benchmark: a tactically-relevant electric 300 kW-class laser ...
AUG 31, 2022
Lockheed Martin Names Tim Cahill As Missiles And Fire Control's Executive Vice President
Lockheed Martin (NYSE: LMT) announced today that Tim Cahill will be the new executive vice president of the company's Missiles and Fire Control (MFC) business area. The appointment is effective...
AUG 1, 2022
Lockheed Martin Doubles The Size Of Venture Capital Fund To $400 Million
BETHESDA, Md., August 2, 2022 – Lockheed Martin (NYSE: LMT) today announced it has doubled its venture capital fund from $200 million to $400 million. Lockheed Martin Ventures will use the...
JUN 23, 2022
Lockheed Martin Breaks Ground On 25,000-Square Foot, $16.5M Missile Facility
Newest digital facility expands Lockheed Martin’s nearly 60-year Alabama presence
HUNTSVILLE, Ala., June 27, 2022 – Lockheed Martin (NYSE: LMT) is investing in innovation, celebrating a milestone marking continued growth, and advancing capability in North Alabama at its...
JUN 21, 2022
Lockheed Martin Partners With U.S. Indo-Pacific Command In Successful Multi-Domain Experiments
BETHESDA, M.D., June 21, 2022 –Lockheed Martin paired its DIAMONDShield™ battle management system with four Virtualized Aegis Weapon System (VAWS) nodes deployed across ...
