Lockheed Martin Corporation

Third Lockheed Martin-Built GPS III Satellite Now Climbing to Orbit on Its Own Power
Communication Systems & Equipment

Third Lockheed Martin-Built GPS III Satellite Now Climbing to Orbit on Its Own Power

GPS III SV03 increases number of secure Military Code (M-Code) enabled satellites in GPS Constellation to 22 total DENVER, June 30, 2020 /PRNewswire/ -- After a successful launch this afternoon, the third Lockheed Martin (NYSE: LMT)-built GPS III satellite is now headed to orbit under its own propulsion. The satellite has separated from its rocket and is using onboard power to climb to its...

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Lockheed Martin Launches First Smart Satellite Enabling Space Mesh Networking
Communication Systems & Equipment

Lockheed Martin Launches First Smart Satellite Enabling Space Mesh Networking

Experimental nanosat payload developed in nine months tests new software-defined mission, on-board multi-core processing and orbital cloud communications DENVER, Jan. 16, 2020 /PRNewswire/ -- A new era of space-based computing is now being tested in-orbit that will enable artificial intelligence, data analytics, cloud networking and advanced satellite communications in a robust new...

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Second Lockheed Martin-Built Next Generation GPS III Satellite Responding to Commands, Under Self-Propulsion
Communication Systems & Equipment

Second Lockheed Martin-Built Next Generation GPS III Satellite Responding to Commands, Under Self-Propulsion

First GPS III Satellite Successfully Completes On-Orbit Testing Denver, Aug. 22, 2019 /PRNewswire/ -- The U.S. Air Force's second next-generation GPS III satellite, built by Lockheed Martin (NYSE: LMT), is responding to commands, under control and now using its own internal propulsion system to get to orbit following its successful launch this morning. At about 11:01 a.m. ET, Air Force and...

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Life Saving Anti-Collision Software Integrated into First F-35s Seven Years Ahead of Schedule
Software

Life Saving Anti-Collision Software Integrated into First F-35s Seven Years Ahead of Schedule

FORT WORTH, Texas, July 24, 2019 /PRNewswire/ -- The F-35 Joint Program Office, U.S. Air Force and Lockheed Martin (NYSE: LMT) have started integrating the Automatic Ground Collision Avoidance System (Auto-GCAS) on to Air Force F-35As in the fleet. Leveraging a rapid, agile development, test and contracting approach, the joint government and industry team successfully fielded the life-saving...

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Littoral Combat Ship 21 (Minneapolis-Saint Paul) Christened and Launched
Laboratory and Research Supplies and Equipment

Littoral Combat Ship 21 (Minneapolis-Saint Paul) Christened and Launched

Capable, lethal and flexible ship will serve targeted missions around the world Marinette, Wis., June 15, 2019 /PRNewswire/ -- The Lockheed Martin (NYSE: LMT)-led shipbuilding team launched Littoral Combat Ship (LCS) 21, the future USS Minneapolis-Saint Paul into the Menominee River at the Fincantieri Marinette Marine Shipyard. Ship sponsor Jodi J. Greene, Deputy Under Secretary of the U.S....

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Lockheed Martin Delivers 500th Electro-optical Targeting System for F-35
Explosives, Armaments, and Weaponry

Lockheed Martin Delivers 500th Electro-optical Targeting System for F-35

Paris, June 17, 2019 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) successfully delivered the 500th Electro-Optical Targeting System (EOTS). All units have been delivered on time or ahead of schedule to support aircraft production and sustainment requirements. "We are proud to bring superior capabilities to the F-35," said Michael Williamson, vice president of Sensors & Global Sustainment at...

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Third Lockheed Martin-Built GPS III Satellite Now Climbing to Orbit on Its Own Power
Communication Systems & Equipment

Third Lockheed Martin-Built GPS III Satellite Now Climbing to Orbit on Its Own Power

GPS III SV03 increases number of secure Military Code (M-Code) enabled satellites in GPS Constellation to 22 total DENVER, June 30, 2020 /PRNewswire/ -- After a successful launch this afternoon, the third Lockheed Martin (NYSE: LMT)-built GPS III satellite is now headed to orbit under its own propulsion. The satellite has separated from its rocket and is using onboard power to climb to its...

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Company News

U.S. Army Awards $6.07 Billion Contract to Lockheed Martin for PAC-3 MSE Production, Associated Equipment

DALLAS, April 30, 2020 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) received a $6.07 billion contract from the U.S. Army for the production of Patriot Advanced Capability-3 (PAC-3) Missile Segment Enhancement (MSE) interceptors and associated equipment, to be delivered across FY21, FY22 and FY23 contract years. The contract calls for the production and delivery of PAC-3 MSE interceptors,...

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Company News

U.S. Air Force, Lockheed Martin, Collins Aerospace Complete U-2 SYERS-2C Upgrades, Enhancing the Dragon Lady's Imaging Capability

PALMDALE, Calif., Feb. 18, 2020 /PRNewswire/ -- The U.S. Air Force, Collins Aerospace Systems, a unit of United Technologies (NYSE: UTX), and Lockheed Martin Skunk Works® (NYSE: LMT) recently completed flight testing and deployment of the latest variant of the Collins Aerospace Senior Year Electro-Optical Reconnaissance System (SYERS) sensor, SYERS-2C, on the U-2. With this milestone, the...

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People in the News

Lockheed Martin Elects Joseph F. Dunford Jr. to Board of Directors

BETHESDA, Md., Jan. 24, 2020 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) today announced its board of directors has elected former Chairman of the Joint Chiefs of Staff General Joseph F. Dunford Jr. to the board, effective Feb. 10, 2020. "General Dunford's service to the nation at the highest levels of military leadership will bring valuable insight to our board," said Marillyn Hewson,...

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Lockheed Martin Launches First Smart Satellite Enabling Space Mesh Networking
Communication Systems & Equipment

Lockheed Martin Launches First Smart Satellite Enabling Space Mesh Networking

Experimental nanosat payload developed in nine months tests new software-defined mission, on-board multi-core processing and orbital cloud communications DENVER, Jan. 16, 2020 /PRNewswire/ -- A new era of space-based computing is now being tested in-orbit that will enable artificial intelligence, data analytics, cloud networking and advanced satellite communications in a robust new...

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Company News

DARPA Awards Lockheed Martin Hypersonic OpFires Phase 3 Contract

Integrated Weapon System continues development Orlando, Fla., Jan. 15, 2020 /PRNewswire/ -- The Defense Advanced Research Projects Agency (DARPA) awarded Lockheed Martin (NYSE: LMT) a $31.9 million contract for the Operational Fires (OpFires) Phase 3 Weapon System Integration program. OpFires seeks to develop and demonstrate an innovative ground-launched system to enable a hypersonic boost...

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Company News

Lockheed Martin Ships Mobile Communications Satellite to Launch Site

Third satellite based on modernized LM 2100™ bus enhances coverage across Japan Denver, Jan. 15, 2020 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) shipped its third satellite based on the modernized LM 2100™ bus to French Guiana for launch aboard an Ariane V rocket. JCSAT-17 will provide flexible mobile communications services to users in Japan and the surrounding region. Arianespace...

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Company News

Lockheed Martin Launches Vocational Scholarship, Renews STEM Scholarship

First of its kind in U.S. aerospace and defense industry BETHESDA, Md., Jan. 15, 2020 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) is launching a groundbreaking vocational scholarship for high school seniors and college students pursuing vocational and trade degrees. This effort is the first of its kind within the domestic aerospace and defense industry. The program will award up...

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Company News

Lockheed Martin Announces Teaming Agreement with TC Energy on Innovative Flow Battery Technology

BETHESDA, Md., Dec. 12, 2019 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) announced today a teaming agreement with TC Energy in which the two companies will identify and develop large-scale, long-duration energy storage projects using GridStar® Flow, Lockheed Martin's innovative flow battery technology. This cutting-edge energy storage system is capable of storing six to 12 hours or more...

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Company News

Lockheed Martin Awarded Air Force ICBM Contract

Potential value of the Mk21A contract worth $138 million Valley Forge, Pa., Oct. 23, 2019 /PRNewswire/ -- The US Air Force has awarded Lockheed Martin (NYSE: LMT) a $108 million contract for the Mark21A Reentry Vehicle (Mk21A) Technology Maturation and Risk Reduction (TMRR) contract. The potential value of the contract is estimated at $138 million: $108 million awarded in the three-year...

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