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Stocks Lockheed Martin Corp

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  • WASHINGTON, June 9- The U.S. Air Force said on Tuesday it will use Lockheed Martin Corp's updated A2100 spacecraft for the fifth and sixth U.S. missile early warning satellites, with no additional cost to its 2014 bulk purchase contract with Lockheed. The Air Force said by swapping out the spacecraft for the next two Space Based Infrared System satellites, it will...

  • WASHINGTON, June 9- The U.S. Air Force said on Tuesday it will use Lockheed Martin Corp's updated A2100 spacecraft for the fifth and sixth U.S. missile early warning satellites, with no additional cost to its 2014 bulk purchase contract with Lockheed. In a statement, the Air Force's Space and Missile Systems Center said the change also offered the potential for...

  • WASHINGTON, June 9- Germany said on Tuesday it will buy the MEADS air and missile defense system from Europe's MBDA and Lockheed Martin Corp instead of an updated Patriot system offered by Raytheon Co, but said the companies would have to meet demanding performance milestones to retain the contract. Germany funded a quarter of the $4 billion invested by it, the...

  • WASHINGTON, June 7- The United States and Japan announced on Sunday the first live-fire test of Raytheon Co's new Standard Missile-3 Block IIA missile that is being jointly developed by the two countries for several billion dollars. Rick Lehner, spokesman for the U.S. Missile Defense Agency, said the test conducted on Saturday from the Point Mugu Sea Range off...

  • 3D printing just made space travel cheaper Sunday, 7 Jun 2015 | 6:18 PM ET
    SpaceX Dragon attached to International Space Station

    Companies looking to launch satellites into space typically spend $10-50 million per launch but 3D printing may see those costs drop in a big way.

  • WASHINGTON, June 7- The United States and Japan on Sunday announced the first live fire test of Raytheon Co's new Standard Missile-3 Block IIA missile that is being jointly developed by the two countries for a combined cost of around $2 billion. Rick Lehner, spokesman for the U.S. Missile Defense Agency, said the test conducted on Saturday from the Point Mugu Sea...

  • A robot competes during the DARPA Robot Challenge.

    A robotics contest on Friday will pit robots against each other to carry out complicated, disaster-related tasks.

  • WASHINGTON, June 5- The U.S. Air Force is expected to unveil in early August whether Northrop Grumman Corp, maker of the B-2 bomber, or a Boeing Co- Lockheed Martin Corp team will build a new U.S. long-range bomber, sources familiar with the competition said. The two teams are competing to build 80 to 100 new bombers for the Air Force at cost of no more than $550 million per...

  • *Vietnam in talks with several European, U.S. defence firms. *Sources say Vietnam wants fighter jets, maritime patrol planes. SINGAPORE, June 5- Vietnam is in talks with European and U.S. contractors to buy fighter jets, maritime patrol planes and unarmed drones, sources said, as it looks to beef up its aerial defences in the face of China's growing assertiveness in...

  • Ex-Im in 2012 authorized a $280 million loan for Australian firm NewSat's purchase of a satellite from U.S.-based aerospace group Lockheed Martin. NewSat earlier this year was placed in administration. Hochberg said Ex-Im's involvement was secured by NewSat, which still had control of the satellite, and it was in negotiations to find an alternate buyer.

  • Ex-Im in 2012 authorized a $280 million loan for Australian firm NewSat's purchase of a satellite from U.S.-based aerospace group Lockheed Martin. NewSat earlier this year was placed in administration. Hochberg said Ex-Im's involvement was secured by NewSat, which still had control of the satellite, and it was in negotiations to find an alternate buyer.

  • Those investments, slated to last 12 to 18 months, will pave the way for later service contracts for the launch of key military and spy satellites, the Air Force said. The Air Force is scrambling to meet a congressional deadline for ending use of Russian-built RD-180 engines to U.S. launch military or intelligence satellites by 2019, a ban implemented after...

  • WASHINGTON, June 2- Sikorsky Aircraft, a unit of United Technologies Corp, on Tuesday said it would cut 1,400 jobs and consolidate facilities, with lower oil prices sharply reducing demand for helicopters in the oil and gas sectors, and international military orders down. "Today's announcement is based on the current challenging market conditions and is...

  • WASHINGTON, June 1- Lockheed Martin Corp's F-35 fighter jet will play a major role in a large U.S. military exercise this week for the first time, marking another milestone for the Pentagon's largest weapons program, Air Force officials said Monday. The exercise includes about 5,000 U.S. military personnel with land, sea and ground forces all working together to...

  • WASHINGTON, June 1- Lockheed Martin Corp's F-35 fighter jet will play a major role in a large U.S. military exercise this week for the first time, marking another milestone for the Pentagon's largest weapons program, Air Force officials said Monday. The Air Force has used aircraft equipped with F-35 sensors in past exercises, but this will be the first time that...

  • WASHINGTON, June 1- Lockheed Martin Corp's F-35 fighter jet will drop weapons and take part in a major U.S. military exercise this week for the first time, another milestone for the Pentagon's largest weapons program, Air Force officials said Monday. The Air Force has used aircraft equipped with F-35 sensors in past exercises, but this will be the first time that...

  • Cramer: Best defense stocks ripping up the market Friday, 29 May 2015 | 6:25 PM ET
    The patriot missile is manufactured at Raytheon's Integrated Air Defense Center in Andover.

    Jim Cramer highlights that the U.S. is spending less on our military, but does that mean defense stocks are a lost cause? Maybe not.

  • The Top 10 highest-paid female CEOs Friday, 29 May 2015 | 4:47 PM ET
    Female executives

    A study reveals that the median pay of female CEOs increased by 21 percent compared to last year.

  • ABOARD THE USS WASP, May 27- Nearly two weeks of testing of Lockheed Martin Corp's F-35B fighter jet on an amphibious assault carrier proved the stealthy new warplane can operate and be serviced at sea, U.S. and UK officials said this week, marking another step toward the jet's readiness for initial combat use by the Marine Corps. Six F-35 B-model jets, which can take...

  • WASHINGTON, May 26- The U.S. Air Force on Tuesday said it has certified privately held SpaceX to launch U.S. military and spy satellites, ending a monopoly held by United Launch Alliance, a joint venture of Lockheed Martin Corp and Boeing Co, since its creation in 2006.. The decision follows two years of discussions and reviews by the U.S. Air Force and Space...