Latest Lockheed Martin Corporation Stories

BETHESDA, Md., April 26, 2012 /PRNewswire/ -- Lockheed Martin Corporation (NYSE: LMT) reports first quarter 2012 net sales of $11.3 billion compared to $10.6 billion in 2011. Earnings from continuing operations during the first quarter of 2012 were $665 million, or $2.02 per diluted share, compared to $556 million, or $1.57 per diluted share, in 2011. Cash from operations during the first quarter of 2012 was $458 million, after pension contributions of $505 million and tax...

ROCKVILLE, Md., March 16, 2012 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) is proud to announce that Sonya Stewart, a vice president within the company's Information Systems & Global Solutions-Civil division, has been named a Washington Business Journal (WBJ) Minority Business Leader. The 25 WBJ honorees are recognized for their entrepreneurial drive, creativity, and decisive leadership. (Logo: http://photos.prnewswire.com/prnh/20110419/PH85737LOGO-b ) Since joining Lockheed...

JACKSON, Miss., March 15, 2012 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) will host the fourth annual Information Technology (IT) Day at the Jackson Convention Complex on Friday, March 30 to increase IT education and awareness, as well as to encourage networking and collaboration in industry, academia and the community. The day-long event, which runs from 9 a.m. to 4 p.m., is free of charge and open to the public. (Logo:...

BETHESDA, Md., March 14, 2012 /PRNewswire/ -- Lockheed Martin UK has been selected by the Cabinet Office of the United Kingdom (U.K.) to provide G-Cloud IT services across the full complement of Government departments and organizations. (Logo: http://photos.prnewswire.com/prnh/20110419/PH85737LOGO-b) Under the framework agreement, Lockheed Martin Information Systems & Global Solutions, the corporation's business area that provides cloud computing solutions, will offer a wide...

PALO ALTO, Calif., March 5, 2012 /PRNewswire/ -- The Geostationary Operational Environmental Satellite (GOES) - R Series Geostationary Lightning Mapper (GLM) spaceflight instrument Engineering Development Unit completed optical-electronic lightning sensitivity testing in January at the Lockheed Martin (NYSE:LMT) Advanced Technology Center in Palo Alto and showed excellent performance. System gain, linearity, and dynamic range all exceeded specifications. Within the next few months,...

ST. LOUIS, Feb. 28, 2012 /PRNewswire/ -- There was a time when a college degree meant a solid paying job and maybe even a few job offers lined up upon graduation. Today's harsh realities have college students nervous about entering a tough job market and wondering if their text book training will suffice. According to the BLS Bureau of Labor Statistics (BLS) youth unemployment has been as high as 30% in some sectors and the youth are unemployed with limited prospects for...

BETHESDA, Md., Jan. 27, 2012 /PRNewswire-FirstCall/ -- Lockheed Martin Corporation (NYSE: LMT) announced that its Board of Directors has authorized a first quarter 2012 dividend of $1 per share. The dividend is payable on March 23, 2012 to holders of record as of the close of business on March 1, 2012. Lockheed Martin has paid a dividend to shareholders every quarter since its inception in 1995. Headquartered in Bethesda, Md., Lockheed Martin is a global security company that...

CHICAGO, Jan. 27, 2012 /PRNewswire/ -- Today, Zacks Equity Research discusses the Aerospace & Defense industry, including Lockheed Martin Corporation (NYSE: LMT), L-3 Communications (NYSE: LLL), General Dynamics (NYSE: GD), The Boeing Company (NYSE: BA) and Northrop Grumman Corp. (NYSE: NOC). (Logo: http://photos.prnewswire.com/prnh/20101027/ZIRLOGO) A synopsis of today's Industry Outlook is presented below. The full article can be read at...

BETHESDA, Md., Jan. 26, 2012 /PRNewswire-FirstCall/ -- Lockheed Martin Corporation (NYSE: LMT) announced that its board of directors has approved the appointment of Larry A. Lawson to serve as the executive vice president of the Aeronautics business area. The appointment follows the announcement of Ralph D. Heath's retirement; the transition is effective on April 1, 2012. "Under Ralph Heath's leadership the Aeronautics business area has grown significantly and has delivered...

-- Net sales of $12.2 billion -- Earnings from continuing operations of $698 million and per diluted share of $2.14 -- Cash from operations of $1.1 billion after accelerating pension contributions of $1.0 billion -- Fourth quarter orders of $19.8 billion increase year-end backlog to a record $80.7 billion -- Achieves record annual net sales, segment operating profit, and earnings per diluted share from continuing operations -- Provides 2012 outlook BETHESDA,...