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Lockheed Martin Corp

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  • CAPE CANAVERAL, Fla. June 29- SpaceX on Monday was searching for what destroyed its Falcon 9 rocket after liftoff over the weekend, leaving customers still loyal but unsure when their satellites might fly. The privately-held company, owned and operated by technology entrepreneur Elon Musk, has flown 18 successful missions with the Falcon 9 before Sunday's...

  • CAPE CANAVERAL, Fla.- An unmanned Space Exploration Technologies rocket exploded about two minutes after liftoff from Florida on Sunday, destroying a cargo ship bound for the International Space Station in the latest in a string of mishaps in supplying the orbiting outpost. Those included six cargo runs for NASA under a 15- flight contract worth more than $2...

  • SCHROBENHAUSEN, Germany, June 25- The German armed forces want to order between 8 and 10 units of the MEADS air and missile defence system for the time being, the managing director of manufacturer MBDA Deutschland GmbH said on Thursday. Germany said this month it would buy the MEADS system from Europe's MBDA and Lockheed Martin Corp instead of an updated Patriot...

  • America's top states for innovation in 2015 Wednesday, 24 Jun 2015 | 4:30 PM ET
    Top States Technology and Innovation

    These 10 states lead the nation in tech investment, patents and research, which has helped reinvigorate their local economies.

  • Jill Hruby will take over next month as president and director of Sandia National Laboratories, one of the most high-profile positions in U.S. science with responsibilities that cover nuclear weapons, energy and environmental technology. Her appointment also makes her the first woman to lead any of the nation's three national security labs, Sandia, Los...

  • PARIS, June 16- Lockheed Martin Corp, the largest U.S. weapons maker, on Tuesday said it had been in "initial contact" with French government officials about their interest in buying some C-130J transport planes to augment a fleet of larger A400M transports built by Europe's Airbus. "There has been some initial contact with the French government," Orlando Carvalho,...

  • PARIS, June 16- Lockheed Martin Corp announced on Tuesday that it will team with Raytheon Co and Canadian planemaker Bombardier to develop a new surveillance and command and control aircraft for a future U.S. Air Force competition. Northrop and Boeing Co have also said they plan to compete for the contract when the Air Force launches a competition in the coming...

  • Deals and thrills at the Paris Air Show Tuesday, 16 Jun 2015 | 11:44 AM ET

    Here's the highlights from the 51st International Paris Air Show.

  • PARIS, June 16- Lockheed Martin Corp on Tuesday named a private firm, Hybrid Enterprises LLC, as the exclusive sales agent for its Hybrid Airships, a new type of aircraft that company officials say could revolutionize the way oil and mining companies haul equipment to the Arctic and other remote areas without roads. Rob Binns, chief executive officer of Hybrid...

  • CAPE CANAVERAL, Fla. June 15- Europe's Airbus Group will design and build about 900 satellites for privately owned OneWeb Ltd, which plans to offer high-speed, space-based Internet access to billions of people worldwide, company officials said on Monday. Bankrolled in part by Richard Branson's London- based Virgin Group and chipmaker Qualcomm Inc, the project...

  • WASHINGTON, June 15- The Pentagon's top arms provider and firms partly funded by Silicon Valley billionaires Bill Gates and Paul Allen are among dozens of companies collectively betting more than $1.3 billion that a new wave of nuclear power can be a force to fight climate change. Advanced nuclear power plants, which will employ techniques such as using fuels...

  • WASHINGTON, June 15- The Pentagon's top arms provider and firms partly funded by Silicon Valley billionaires Bill Gates and Paul Allen are among dozens of companies collectively betting more than $1.3 billion that a new wave of nuclear power can be a force to fight climate change. Advanced nuclear power plants, which will employ techniques such as using fuels...

  • PARIS, June 15- Lockheed Martin Corp, maker of the F-35 fighter jet, said on Monday it realized it would have to generate significant savings to help justify a block buy of up to 500 aircraft beginning in fiscal 2018.. She said Lockheed supported the Pentagon's push given the certainty of a block buy, the sheer scale of the resulting order, and the ability to drive down...

  • PARIS, June 15- United Technologies Corp announced on Monday that it would separate from its Sikorsky Aircraft business and said it would decide by the end of the third quarter whether to spin off or sell the $8 billion unit. United Technologies said the decision came after a review of strategic alternatives announced earlier this year and was subject to final...

  • PARIS, June 14- Eileen Drake, the new chief executive of Aerojet Rocketdyne Holdings Inc, on Sunday vowed to keep a "huge focus" on cutting overhead costs in coming years, including a 10- percent workforce reduction and possible facility closings. Drake, a former Army helicopter pilot and executive with Pratt& Whitney, a unit of United Technologies Corp, joined...

  • PARIS, June 14- Lockheed Martin Corp issued a warning on Sunday over prospects for its rocket launch joint venture with Boeing Co, saying it urgently needed the United States to waive a law banning the use of Russian engines to launch military and spy satellites. The U.S. Air Force last month certified privately held Space Exploration Technologies, or SpaceX, to...

  • PARIS, June 14- Lockheed Martin Corp issued a warning on Sunday over the viability of its rocket launch joint venture with Boeing Co, saying the venture urgently needed the United States to waive a law banning the use of Russian engines to launch military and spy satellites. Rick Ambrose, who heads Lockheed's space business, told Reuters in an interview that...

  • Boeing gets third satellite order from ABS Friday, 12 Jun 2015 | 4:26 PM ET

    June 12- Boeing Co said it received a contract to build its third all-electric propulsion satellite for privately held commercial satellite provider ABS. Boeing, which competes with Lockheed Martin Corp and Elon Musk's SpaceEx in the commercial satellite market, said the satellite, ABS-8, is scheduled for delivery in 2017.. ABS-8 will expand broadcast and...

  • Beyond cutting edge: Fusion energy's front-runners Friday, 12 Jun 2015 | 1:28 PM ET
    Tom McGuire is the head of the compact fusion research team at Lockheed Martin's Skunk Works.

    Fusion power sounds like a science-fiction dream, but billions in investment are pouring into it, according to OilPrice.com.

  • WASHINGTON, June 9- The State Department notified Congress on Tuesday that it has approved potential arms deals worth nearly $2.4 billion with South Korea and Lebanon, including three Aegis Shipboard Combat Systems for Seoul and six close air support planes for Beirut. The two separate notifications were to advise Congress of potential sales but do not mean...