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Latest Lockheed Martin Space Systems Company Stories

2011-08-17 14:30:00

HUNTSVILLE, Ala., Aug. 17, 2011 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) today announced that it is partnering with three universities to establish a program in Huntsville, Ala., that will support small businesses and universities participating in federal technology programs. Called the Lockheed Martin Innovation Marketplace, the program will support private sector and academic sector technologists in participating in the Department of Defense's Small Business Innovation Research...

2011-08-05 15:47:00

CAPE CANAVERAL, Fla., Aug. 5, 2011 /PRNewswire/ -- NASA's Juno spacecraft, designed and built by Lockheed Martin (NYSE: LMT), was successfully launched this morning from Cape Canaveral Air Force Station at 12:25 p.m. EDT aboard an Atlas V 551 rocket provided by United Launch Alliance. Five minutes after separation from the Centaur upper stage, the Juno spacecraft deployed its three large solar arrays and started producing power. Initial contact with the spacecraft was obtained by the...

2011-07-08 12:52:00

SUNNYVALE, Calif., July 8, 2011 /PRNewswire/ -- The final mission of NASA's Space Shuttle program is underway, and Lockheed Martin (NYSE: LMT) Space Systems Company (LMSSC) has played a significant role from the very beginning. In addition to important shuttle systems that were a part of every flight, the company has had payloads on at least 30 missions that included spacecraft, satellites, instruments, telescopes, experiments, and various components. "NASA's space shuttle has transformed...

2011-06-30 10:56:00

SUNNYVALE, Calif., June 30, 2011 /PRNewswire/ -- The Lockheed Martin (NYSE: LMT) team developing GeoEye's (NASDAQ: GEOY) next-generation, high-resolution Earth-imaging satellite, known as GeoEye-2, has successfully completed the Space System Critical Design Review (CDR) two weeks ahead of schedule. The review validated the detailed design of the spacecraft and command and control portion of the ground system to ensure it meets all program requirements for GeoEye's commercial and...

2011-06-20 10:39:00

SUNNYVALE, Calif., June 20, 2011 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) will host 20 teachers ranging from elementary schools to community colleges this summer as part of the company's long-standing support of the Bay Area-based Industry Initiatives for Science and Math Education (IISME). The IISME organization works to foster a strong, highly skilled workforce in mathematics, science and technology. IISME's primary initiative, the Summer Fellowship Program, places qualified teachers...

2011-06-14 12:57:00

DENVER, June 14, 2011 /PRNewswire/ -- Lockheed Martin Space Systems Company, a major business area of the Lockheed Martin Corporation (NYSE: LMT), announced today employment reductions designed to address affordability and improve its competitive posture. Space Systems, which currently employs approximately 16,000 employees in 12 states, will implement a broad-based workforce reduction of roughly 1,200 employees by year-end. It is anticipated that middle management will be reduced by 25...

2011-05-30 10:00:00

DENVER, May 30, 2011 /PRNewswire/ -- In an unprecedented on-orbit maneuver, Commander Mark Kelly completed the first ever Orion Multi-Purpose Crew Vehicle (MPCV)-like approach to the International Space Station at 3:24 a.m. CDT today as part of the Sensor Test for Orion Relative Navigation Risk Mitigation (STORRM). The orbital rendezvous verified the successful operation of the MPCV's next generation docking sensor, which NASA has identified as a critical technology needed for future space...


Word of the Day
tesla
  • The unit of magnetic flux density in the International System of Units, equal to the magnitude of the magnetic field vector necessary to produce a force of one newton on a charge of one coulomb moving perpendicular to the direction of the magnetic field vector with a velocity of one meter per second. It is equivalent to one weber per square meter.
This word is named for Nikola Tesla, the inventor, engineer, and futurist.