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Latest Lockheed Stories

2012-05-23 06:20:21

ORLANDO, Fla., May 23, 2012 /PRNewswire/ -- The U.S. Air Force Medical Service selected Lockheed Martin [NYSE: LMT] to compete for future task orders on its new Consultant Advisory and Technical Services (CATS) contract. Thirteen other companies were also selected to compete for tasks through CATS. The five-year indefinite delivery/indefinite quantity (IDIQ) contract will support the Air Force Medical Service in its efforts to provide trusted care anywhere by delivering studies, analyses...

2012-05-22 10:21:21

ORLANDO, Fla., May 22, 2012 /PRNewswire/ -- The International Union, United Automobile, Aerospace and Agricultural Implement Workers of America (UAW) ratified a new master labor agreement with Lockheed Martin [NYSE: LMT] covering approximately 650 workers at three sites. The new five-year agreement, ratified over the weekend, becomes effective immediately. The bargaining unit represents workers at Lockheed Martin Space Systems Company in Denver, Lockheed Martin Mission Systems & Sensors...

2012-05-21 06:20:57

SINGAPORE, May 21, 2012 /PRNewswire/ -- Flextronics (NASDAQ: FLEX) today announced that it was recently honored with a Supplier Excellence Award from Lockheed Martin. The award was given to Flextronics in recognition for excellence in program performance in support of Lockheed Martin's Space Systems company. The award recognizes program performance in meeting and exceeding technical, cost and schedule objectives. "We are honored to be recognized for excellence in program performance by...

2012-05-21 06:20:45

NEW YORK, May 21, 2012 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) Chairman and CEO Bob Stevens, President and Chief Operating Officer Chris Kubasik, and members of the company's leadership team, rang The Opening Bell(SM) at the New York Stock Exchange today to commemorate its Centennial. (Photo: http://photos.prnewswire.com/prnh/20120521/PH10783 ) Glenn L. Martin established the Glenn L. Martin Company in Los Angeles, Calif. on Aug. 16, 1912. He started the company after building his...

2012-05-21 06:20:24

MOORESTOWN, N.J., May 21, 2012 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) has completed computer program development and testing for the HOBART class Air Warfare Destroyer (AWD), the Royal Australian Navy's Aegis-equipped ships. The computer programs have been approved by the U.S. Navy. Tests were conducted over a two-week period at the Navy's land-based test facility, the Vice Admiral James H. Doyle Combat Systems Engineering Development Site in New Jersey. "The Aegis Weapon System...

2012-05-19 10:20:03

FORT WORTH, Texas, May 19, 2012 /PRNewswire/ -- Members of the International Brotherhood of Electrical Workers (IBEW) and the Office and Professional Employees International Union (OPEIU) have ratified new labor agreements with Lockheed Martin [NYSE: LMT] Aeronautics in Fort Worth. The new agreements become effective Monday, May 21, 2012 and will extend for four and five years, respectively. The IBEW members approved their agreement in a vote on Friday, May 18, and the OPEIU members...

2012-05-19 02:21:05

ROCKVILLE, Md., May 19, 2012 /PRNewswire/ -- Six hundred Lockheed Martin [NYSE: LMT] employees on the Automated Flight Service Station (AFSS) program, represented by the International Association of Machinists and Aerospace Workers (IAM), have agreed to a new four-year contract. (Logo: http://photos.prnewswire.com/prnh/20110419/PH85737LOGO-b ) The AFSS team is located in six locations around the country: Prescott, Ariz.; Fort Worth, Texas; Miami; Raleigh, N.C.; Ashburn, Va.; and Princeton,...

2012-05-16 06:21:03

MOORESTOWN, N.J., May 16, 2012 /PRNewswire/ -- Lockheed Martin's (NYSE: LMT) Aegis Combat System recently demonstrated simultaneous anti-air warfare and ballistic missile defense capabilities during its first integrated air and missile defense test. The successful test verified the capabilities of the most recent upgrade to the Aegis system, known as Baseline 9, which will provide integrated air and missile defense for the U.S. Navy's fleet to engage multiple threats at the same time. This...

2012-05-15 06:21:46

DALLAS, May 15, 2012 /PRNewswire/ -- Lockheed Martin [NYSE: LMT] successfully conducted a series of target tracking tests against Rocket, Artillery and Mortar (RAM) targets using its Extended Area Protection and Survivability (EAPS) miniature hit-to-kill interceptor system. The tests were conducted during the first week of April at White Sands Missile Range, N.M., in collaboration with the U.S. Army Research Development & Engineering Command/Aviation Missile Research...

2012-05-10 10:21:19

FORT WORTH, Texas, May 10, 2012 /PRNewswire/ -- Two Lockheed Martin (NYSE: LMT) F-35B short takeoff/vertical landing (STOVL) production aircraft were ferried to Eglin Air Force Base, Fla., today, marking the 24th and 25th F-35 deliveries to the Department of Defense. The 5th Generation multirole fighter jets were delivered to the United States Marine Corps and are now assigned to the 2nd Marine Aircraft Wing's Marine Fighter/Attack Squadron 501 residing with the host 33d Fighter...