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Lockheed Martin

Lockheed Martin seeks voluntary layoffs

Last updated Wednesday, February 6, 2013 - 5:42pm

WASHINGTON — Facing potentially deep cuts to government spending, Bethesda, Md.-based Lockheed Martin plans to eliminate up to 350 mid-level manager positions through voluntary layoffs over the next few months.

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Hill AFB part of team supporting Lockheed GPS satellite contract

Contributed Standard-Examiner

Last updated Tuesday, January 15, 2013 - 11:12am

COLORADO SPRINGS, Colo. -- Lockheed Martin has been awarded a contract to sustain the ground control segment for the GPS satellite constellation.

The U.S. Air Force Space Command Space and Missile Center awarded Lockheed Martin a $100 million contract to support the GPS ground control segment. The contract’s period of performance is from January 2013 through June 2019.

Hill Air Force Base will provide support work as part of the contract.

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Lockheed's F-35 falls short in tests

Tony Capaccio Bloomberg News

Last updated Monday, January 14, 2013 - 5:44pm

WASHINGTON — Lockheed Martin Corp.’s F-35 fell short of meeting testing goals last year even as the fighter jet made 18 percent more flights than planned, according to the Pentagon’s testing office.

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Lockheed gets $26M Air Force contract to help Jordan

Contributed Standard-Examiner

Last updated Monday, October 29, 2012 - 8:23am

SAN DIEGO -- The U.S. Air Force has awarded Lockheed Martin a $26 million foreign military sales contract to modernize the Royal Jordanian Air Force’s national air command, control and communications infrastructure.

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Pentagon withholds $47M from Lockheed for F-35 failings

Tony Capaccio Bloomberg News

Last updated Friday, October 26, 2012 - 11:51am

WASHINGTON - The Pentagon is withholding $46.5 million from Lockheed Martin, its biggest contractor, because of continued flaws with a business system used to track costs and schedules for the F-35 fighter.

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F-35 program at risk as Congress zeroes in on costs

W.J. Hennigan Los Angeles Times

Last updated Thursday, April 19, 2012 - 3:53pm

The radar-evading F-35 fighter jet, a nearly $400 billion weapons program under development for more than a decade, is facing its worst turbulence since Washington decided to buy it in 2001 — when it was billed as the most affordable, lethal and survivable military aircraft ever built for the U.S. and its allies.

Business, Congress, Defense Budget, F-35 Jets, Joint Strike Fighter, Lockheed Martin, Northrup Grumman, Pentagon, Politics, U.S. Air Force, Featured, National Read more Comments

Hill AFB to provide support in $791M Lockheed contract

Contributed Standard-Examiner

Last updated Friday, September 16, 2011 - 11:43am

ALEXANDRIA, Va. -- The U.S. Air Force awarded Lockheed Martin a $791 million contract to provide IT services on the Global Combat Support System program.

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Lockheed Martin to produce laser enhanced sniper scope

Press release

Last updated Tuesday, December 14, 2010 - 11:41am

AKRON, Ohio -- Lockheed Martin was awarded a $6.9 million contract by the Defense Advanced Research Projects Agency for multiple One Shot laser-based sniper systems that improve accuracy and reduce the possibility of detection.

Business, Laser technology, Lockheed Martin, Snipers, Military Read more Comments