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Lockheed Martin Corp

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  • 7 outrageous energy sources of the future Tuesday, 25 Nov 2014 | 8:00 AM ET
    Lawrence Livermore National Laboratory demonstrated coal gasification in large-scale field experiments at the Rocky Mountain Test Facility (above) near Hanna, Wyoming.

    Renewable energy should come of age in 25 years. On the horizon: harnessing solar power from space and nuclear fusion technology.

  • Early Movers: UTX, VZ, TSLA, LGF, RNA & more Monday, 24 Nov 2014 | 8:36 AM ET
    A trader works on the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.

  • WASHINGTON, Nov 21- The Pentagon said on Friday it had awarded Lockheed Martin Corp a contract valued at $4.7 billion for an eighth batch of F-35 fighter jets that lowered the average price per jet by 3.5 percent from the last contract, and 57 percent from the first batch. The Pentagon's F-35 program office said the deal includes 29 jets for the United States and 14...

  • PALMDALE, Calif., Nov 21- Lockheed Martin Corp expects to reach an agreement next year with a launch customer for a giant new hybrid airship that would revolutionize the way oil and mining companies haul equipment to the Arctic and other remote areas without roads. The initial version of the airship, filled mostly with helium, would carry 20 tons of cargo, but could...

  • Could the next wildfire be fought by a drone? Thursday, 20 Nov 2014 | 9:51 AM ET
    The unmanned K-MAX aircraft from Lockheed Martin.

    Lockheed Martin has been demonstrating the capabilities of its unmanned helicopter, the K-MAX, as a firefighting tool.

  • OTTAWA, Nov 19- U.S. aerospace giant Boeing Co is frustrated by Canada's decision to extend the life of its aging fleet of fighter jets, a move that will delay a decision on buying replacements, a company official said on Wednesday. The comments were a rare public expression of unhappiness by Boeing about the way Canada is conducting the process to buy new fighters.

  • Midday movers: Allergan, CarMax, CBS & more Monday, 17 Nov 2014 | 1:03 PM ET

    Some of Monday's midday movers:

  • But with budgets already under pressure and deeper cuts looming in fiscal 2016, it remains uncertain if the Pentagon can win support in Congress to speed up the acquisition process and turn the new technologies into game-changing weapons. They are also urging Pentagon officials to keep slashing back bureaucracy, ease barriers for arms exports, and...

  • ABOARD THE USS NIMITZ, Nov 13- The U.S. Navy version of Lockheed Martin Corp's F-35 fighter jet made its first night flight off an aircraft carrier on Thursday as it neared the end of two weeks of sea-based testing aboard the USS Nimitz, Navy and Pentagon officials said. Two F-35 C-model jets on board the carrier have already met 95 percent of the requirements for the...

  • WASHINGTON, Nov 13- An influential group of U.S. lawmakers, including John McCain, in line to become the head of the Senate's powerful Armed Services Committee, on Thursday pledged to thwart the Pentagon's plans to retire the U.S. fleet of A-10 "Warthog" aircraft. The Pentagon, facing mandatory "sequestration" budget cuts, has sought to eliminate all of the...

  • Lighting Round: This one is a strong buy Monday, 10 Nov 2014 | 7:09 PM ET

    Are you ready skeedaddy???!!! It's time for the Lightning Round. Cramer makes the call on viewer favorites.

  • Check out the new spacecraft from NASA & Lockheed Friday, 7 Nov 2014 | 10:41 AM ET
    NASA's Orion spacecraft

    The Orion, which may take astronauts to asteroids and Mars, is scheduled for an unmanned test launch on Dec. 4.

  • Mark Sirangelo, who leads the space division of privately held Sierra Nevada Corp, told industry executives Thursday that he expected the industry to learn from the accidents and urged a measured response by lawmakers. The U.S. Air Force is also working to certify privately held Space Exploration Technologies, or SpaceX, to launch big military and spy...

  • WASHINGTON, Nov 5- The U.S. government on Wednesday said it had canceled, at the request of South Korea, early work by the U.S. unit of Britain's BAE Systems on upgrades for 134 F-16 fighter jets after a spike in the projected $1.7 billion cost of the arms deal. The unusual move, announced by the Pentagon's Defense Security Cooperation Agency, paves the way for South...

  • Cramer: Republican victory adds up in the market Wednesday, 5 Nov 2014 | 6:34 PM ET
    U.S. Senate Minority Leader Mitch McConnell (R-KY) addresses supporters at his midterm election night victory rally in Louisville, Kentucky, November 4, 2014.

    Jim Cramer reviews the results of Tuesday's elections and what this means to the stock market. Could this be more money in consumer pockets?

  • WASHINGTON, Nov 5- The U.S. government on Wednesday said it had canceled, at the request of South Korea, a preliminary contract with the U.S. unit of Britain's BAE Systems to upgrade 134 F-16 fighter jets, ending a major arms deal initially valued at $1.7 billion. The unusual move, announced by the Pentagon's Defense Security Cooperation Agency, paves the way for...

  • Lightning Round: Wait to make a stand on this stock Tuesday, 4 Nov 2014 | 7:22 PM ET

    Are you ready skeedaddy???!!! It's time for the Lightning Round. Cramer makes the call on viewer favorites.

  • WASHINGTON, Nov 2- Lockheed Martin Corp's F-35 fighter jet is slated to begin two weeks of developmental testing on board the USS Nimitz aircraft carrier, marking another key milestone for the Pentagon's biggest weapons program. Lockheed spokesman Mike Rein said his company would support the Navy during the testing. The Navy will be the last of the U.S. military...

  • WASHINGTON, Oct 30- The crash of an unmanned Orbital Sciences Antares rocket is a "wake-up call" to the U.S. space community about the need to develop a new U.S. rocket engine, the head of Boeing Co's defense division said on Thursday. The Antares rocket was powered by a pair of Soviet-era NK-33 engines that were rebuilt by Aerojet Rocketdyne, a unit of GenCorp, and...

  • WASHINGTON, Oct 30- Engine maker Pratt& Whitney on Thursday said it had won a contract to build an eighth batch of 48 engines for the F-35 fighter jet built by Lockheed Martin Corp, bringing the total value of the deal to $1.05 billion. Neither Pratt nor the Pentagon disclosed the specific cost of each engine under the new contract. Bogdan said the Pentagon planned to...