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Latest Lockheed Martin Space Systems Company Stories

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...

2011-05-25 15:54:00

DENVER, May 25, 2011 /PRNewswire/ -- NASA has selected the University of Arizona to lead a sample-return mission to an asteroid. The OSIRIS-REx team is led by Dr. Michael Drake, Director of the University of Arizona's Lunar and Planetary Laboratory. NASA Goddard Space Flight Center in Greenbelt, Md. will manage the mission for NASA. Lockheed Martin (NYSE: LMT) will build the spacecraft. The OSIRIS-REx mission is budgeted for approximately $800 million, excluding the launch vehicle. The...

2011-05-23 14:57:00

DENVER, May 23, 2011 /PRNewswire/ -- NASA's twin GRAIL spacecraft were delivered by its builder Lockheed Martin (NYSE: LMT) to Kennedy Space Center, Fla., on May 20. The two vehicles will undergo four months of final testing and processing in preparation for launch from Cape Canaveral Air Force Station on a United Launch Alliance Delta II Heavy launch vehicle in early September. PHOTOS: http://www.lockheedmartin.com/news/press_releases/2011/0523_ss_grail.html The lunar orbiters will...

2011-05-13 09:30:00

DENVER, May 13, 2011 /PRNewswire/ -- NASA's Mars Science Laboratory (MSL) aeroshell and cruise stage were delivered to Kennedy Space Center, Fla. yesterday. Lockheed Martin (NYSE: LMT) built the aeroshell and NASA's Jet Propulsion Laboratory built the cruise stage. The aeroshell will encapsulate and protect the Curiosity rover during its deep space cruise to Mars, and from the intense heat and friction that will be generated as the system descends through the Martian atmosphere. PHOTOS:...

2011-04-28 09:00:00

DENVER, April 28, 2011 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) Space Systems Company campuses across the nation today opened their doors to over 3,200 children aged six to 18 years to introduce them to the wonders of science, physics and mathematics in the space industry through its annual event "Young Minds at Work" day. The event inspires children to consider science, technology, engineering and mathematics education by demonstrating applications in our everyday life. "Inspiring...

2011-04-11 11:20:00

DENVER, April 11, 2011 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) shipped NASA's Juno spacecraft to Kennedy Space Center, Fla. on April 8. The vehicle will undergo four months of testing and processing in preparation for its launch on a United Launch Alliance Atlas V 551 vehicle in early August. During the past year, the spacecraft was assembled and tested at Lockheed Martin Space Systems Company facilities near Denver, Colo. PHOTOS:...

2011-04-08 15:55:00

SUNNYVALE, Calif., April 8, 2011 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) announced today that the U.S. Missile Defense Agency has awarded it a $43.3 million contract for concept definition and program planning for the Standard Missile-3 Block IIB (SM-3 IIB). The new missile, formerly known as the Next Generation Aegis Missile, will provide early intercept capability against intermediate- and long-range ballistic missile threats. It will be a key element of the fourth phase of the...


Word of the Day
jument
  • A beast of burden; also, a beast in general.
'Jument' ultimately comes from the Latin 'jugum,' yoke.
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