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Lockheed Martin Corp

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  • RAF FAIRFORD, England, July 10- Industry investment of $170 million over the next two years is expected to result in savings of $1.8 billion on the F-35 Joint Strike Fighter program, Lockheed Martin Corp's F-35 program manager Lorraine Martin told reporters on Thursday.

  • RAF FAIRFORD, England, July 10- Borne of the last downturn in U.S. military spending in the 1990 s, Lockheed Martin Corp's F-35 Joint Strike Fighter was intended as a quick and affordable way for the United States and its allies to replace thousands of aging F-16s and other warplanes while avoiding the pitfalls of earlier programs.

  • RAF FAIRFORD, England, July 10- The Pentagon's F-35 program office on Thursday reversed an earlier statement and said it was continuing contract talks with Lockheed Martin Corp and engine maker Pratt& Whitney, despite an engine fire that has grounded the F-35 fighter jet fleet.

  • BRUSSELS, July 9- The chief executive of Bell Helicopter said on Wednesday he was confident that the company's concept for the U.S. Army's next-generation helicopter would be selected for flight testing in an eagerly awaited decision expected within the next month.

  • But Hammond told a conference in London on Wednesday that he was "still optimistic" that the new warplane would be cleared to fly in time to make a delayed international debut at the world's biggest air show in Farnborough, outside London, next week.

  • WASHINGTON, July 9- British Defence Secretary Philip Hammond on Wednesday said Lockheed Martin Corp's F-35 fighter jet may miss the Royal International Air Tattoo air show this week given a fleet-wide grounding ordered after an engine fire last month.

  • SACRAMENTO, Calif., July 3- California lawmakers on Thursday passed a tax credit meant to lure aerospace companies working on a new stealth bomber to the state, but the measure will benefit only one of two teams of companies fighting to win the contract.

  • TOKYO, July 3- Japan's Mitsubishi Electric has agreed to take the first step towards a partnership with European missile maker MBDA to develop a medium-range air-to-air missile for the F-35 stealth fighter, two people with knowledge of the matter said.

  • Midday Movers: Twitter, GoPro, GM & more Tuesday, 1 Jul 2014 | 12:50 PM ET
    Traders work the floor of the New York Stock Exchange.

    Take a look at some of Tuesday's midday movers:

  • July 1- Lockheed Martin Corp, Pentagon's biggest defense supplier, said it will move existing employees to a defined-contribution retirement plan by Jan.1, 2020, becoming the latest company to freeze its expensive defined-benefit pension plan.

  • July 1- Lockheed Martin Corp, Pentagon's biggest defense supplier, said it would freeze its current pension plan and move employees to a defined contribution retirement plan. The new pension plan will come into effect from Jan. 1, 2016, the maker of the F-35 fighter jet, satellites and coastal warships said on Tuesday.

  • CAPE CANAVERAL, Fla., July 1- The launch of an unmanned Delta 2 rocket from Vandenberg Air Force Base in California was called off less than a minute before liftoff on Tuesday when the pad's water system failed, a live NASA Television broadcast showed.

  • WASHINGTON, June 30- The U.S. government on Monday published another big batch of changes to export control laws affecting military electronics, and said it was on track to finish reviewing remaining categories for possible streamlining by the end of the year.

  • NEW DELHI, June 29- Western governments are rushing to visit India's new Prime Minister Narendra Modi, drawn by the prospect of multi-billion-dollar deals as the government prepares to open the nascent defence industry to foreign investment.

  • NEW DELHI, June 29- Western governments are rushing to visit India's new Prime Minister Narendra Modi, drawn by the prospect of multi-billion-dollar deals as the government prepares to open the nascent defense industry to foreign investment.

  • NEW DELHI, June 29- Western governments are rushing to visit India's new Prime Minister Narendra Modi, drawn by the prospect of multi-billion-dollar deals as the government prepares to open the nascent defence industry to foreign investment.

  • Early movers: NKE, DD, PFE, GM, INTC, BMY & more Friday, 27 Jun 2014 | 7:33 AM ET
    Traders work on the floor of the New York Stock Exchange.

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

  • The initial contract covers development and delivery of four Combat Rescue Helicopters based on the company's workhorse UH-60 Black Hawk, and caps nearly 15 years of repeated unsuccessful efforts by the Air Force to replace its aging fleet of HH-60G Pave Hawk rescue helicopters.

  • The contract covers development and delivery of four new Combat Rescue Helicopters and caps over a decade of repeated unsuccessful efforts by the Air Force to replace its aging fleet of HH-60G Pave Hawk helicopters.

  • WASHINGTON, June 26- The U.S. Air Force widened a ban on flights of Lockheed Martin Corp's F-35 A-model fighter jets on Thursday as authorities continue to investigate a fire on one of the jets this week, but the Navy and Marine Corps stopped short of a similar blanket move ahead of the plane's international debut next month.