Lockheed Martin News

By BOB COX Analysts say they expect Lockheed Martin and the Defense Department to work out a plan soon to continue development and flight testing for the F-35 joint strike fighter that will probably include some provision for Lockheed to share in the risk of further cost increases.The Pentagon's weapons acquisition czar, Defense Undersecretary ...

The Japanese ministry of defence has selected the Lockheed Martin F-35 Lightning-II as its next mainstay fighter jet but will sign a contract for 40 of these 'high-tech' fighters only in 2011, in order to ensure that the much-talked about stealth jet actually delivers on its performance parameters.

Australia has become the first nation to formally commit to buying F-35 Lightning II fighter jets to be built by Lockheed Martin in Fort Worth.

Lockheed Martin Corporation will webcast live a presentation by Bruce Tanner, Executive Vice President and Chief Financial Officer and Ralph Heath, Executive Vice President Aeronautics Company at the 2009 Credit Suisse Aerospace & Defense Conference on Thursday, Dec.

The United States has offered to add Israeli systems and munitions to a new U.S.-built fighter jet and deliver it to Israel by 2015, provided a deal is sealed in coming months.

Lansing's flight service station will close in February 2010, costing 25 workers their jobs.

Marine One, with President Barack Obama and first lady Michelle Obama aboard, departs the South Lawn of the White House.

The F-35 fighter aircraft is seen at Lockheed Martin's production plant in Fort Worth, Texas August 31, 2009.

" Lockheed Martin has strong hopes of clinching a sale of the F-16 fighter with an undisclosed Arab country in the near future, said Rick Groesch, regional vice president for the Middle East.

BNET Government provides daily industry trends and global news coverage with insights for managers and executives within the world wide business of government contracting.

The littoral combat ship Independence this week successfully completed acceptance trials, the last set of tests before the vessel is handed over to the U.S. Navy, the Navy said Thursday.

FORT WORTH, Texas : Lockheed Martin's first optimized conventional takeoff and landing F-35 Lightning II fighter made its inaugural flight on Saturday, Nov.

BAE Systems has questioned the safety of a rival turret design being bid by Lockheed Martin UK in a 1 billion pound competition to upgrade the British Army's Warrior infantry fighting vehicle.

The U.S. Census Bureau and Lockheed Martin today unveiled two new facilities in Phoenix, Ariz., to support the data capture efforts required for the 2010 Census.

Tuesday November 17th, 2009 Flyte Systems Implements Airport Information Displays at Oracle and Lockheed Martin Facilities Corporate headquarters, training centers benefit from real-time airport travel information and boarding pass printing.

Computer Sciences Corp., an information technology services company, said Monday it has won a $75 million subcontract from Lockheed Martin Corp.

Lockheed Martin announced Monday it will realign its Electronic Systems business and will need to cut more jobs early next year.

By BOB COX Lockheed Martin officials say the company is well on its way to surmounting the worst of the obstacles faced in building test airplanes for the F-35 joint strike fighter program.2009 'has been the most challenging year, but we knew it would be,' said Dan Crowley, executive vice president of Lockheed Martin Aeronautics Co.

Lockheed Martin Corp. has given CSC a subcontract on its big Census Bureau job in Baltimore County worth $75 million over the 15-month life of the contract.

Lockheed Martin Corp. announced Monday a reorganization of its Electronic Systems business, including appointing a new head of the division, which makes the Aegis ballistic missile and the Pac-3 surface-to-air guided missile.