Lockheed Martin

Sikorsky Introduces RAIDER X(TM), a NextGen Light-Attack Reconnaissance Helicopter Based on its Proven X2 Technology

WASHINGTON, Oct. 14, 2019 /PRNewswire/ — Sikorsky, a Lockheed Martin company (NYSE: LMT), today introduced RAIDER X(TM), its concept for an agile, lethal and survivable compound coaxial helicopter, specifically designed for securing vertical lift dominance against evolving peer and near-peer threats on the future battlefield. Through the U.S. Army’s Future Attack Reconnaissance Aircraft (FARA) program, …

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Lockheed Martin-led Team Begins Construction on Navy’s Littoral Combat Ship, the future USS Nantucket

MARINETTE, Wis., Oct. 9, 2019 /PRNewswire/ — Lockheed Martin (NYSE: LMT) and Fincantieri Marinette Marine marked the beginning of construction on Littoral Combat Ship (LCS) 27, the future USS Nantucket, with a ceremony in Marinette. As part of a ship-building tradition dating back centuries, a shipyard worker welded the initials of Polly Spencer, USS Nantucket …

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Timothy Cahill Named to Lead Lockheed Martin International

BETHESDA, Md., Oct. 2, 2019 /PRNewswire/ — Lockheed Martin has appointed Timothy Cahill, senior vice president of Lockheed Martin International and a corporate officer. Cahill succeeds Richard Edwards, who will become strategic advisor to the CEO. Both appointments will be effective October 14. “Tim brings extensive international experience to his new position, having worked with …

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U.S. Army Awards Lockheed Martin Contract to Develop Sentinel A4 Radar

SYRACUSE, N.Y., Sept. 27, 2019 /PRNewswire/ — Lockheed Martin (NYSE: LMT) has been awarded a $281 million contract by the United States Army to develop the Sentinel A4 radar system. Sentinel A4 is a high-performance modification of the Sentinel A3 (AN/MPQ-64A3) air and missile defense radar that will provide updates to improve the existing Sentinel …

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Lockheed Martin Increases Share Repurchase Authority by $1.0 Billion

BETHESDA, Md., Sept. 26, 2019 /PRNewswire/ — The Lockheed Martin Corporation [NYSE: LMT] board of directors has authorized the purchase of up to an additional $1.0 billion of Lockheed Martin common stock under its share repurchase program. With this increase, the total remaining authorization for future repurchases under the share repurchase program is approximately $3.3 …

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Sikorsky Combat Rescue Helicopter Approved to Enter Production

STRATFORD, Conn., Sept. 24, 2019 /PRNewswire/ — Lockheed Martin (NYSE: LMT) today announced the Sikorsky HH-60W Combat Rescue Helicopter (CRH) program achieved a Milestone C decision from the U.S. Air Force, which moves the program into low rate initial production. The Combat Rescue Helicopter will perform critical combat search and rescue and personnel recovery operations …

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NASA Awards Lockheed Martin Contract for Six Orion Spacecraft

DENVER, Sept. 23, 2019 /PRNewswire/ — NASA and Lockheed Martin (NYSE: LMT) have finalized a contract for the production and operations of six Orion spacecraft missions and the ability to order up to 12 in total. Orion is NASA’s deep space exploration spaceship that will carry astronauts from Earth to the Moon and bring them …

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Lockheed Martin Earns Dow Jones Sustainability Index Rankings for Seventh Consecutive Year

BETHESDA, Md., Sept. 23, 2019 /PRNewswire/ — Lockheed Martin (NYSE: LMT) was named to the 2019 Dow Jones Sustainability Indices (DJSI), which include top companies in the S&P Global Broad Market Index based on best-in-class sustainability practices and environmental, social and economic (ESG) benchmarks. This is Lockheed Martin’s sixth consecutive year on the Dow Jones …

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Lockheed Martin Continues Advanced EOTS Development

BETHESDA, Md., Sept. 17, 2019 /PRNewswire/ — Lockheed Martin (NYSE: LMT) has continued development of its Advanced Electro-Optical Targeting System (EOTS), which offers crystal clear resolution, unmatched multi-spectral range and significant cost savings for the F-35 Lightning II. Advanced EOTS includes a larger aperture and provides pilots with multi-spectral sensing options such as high-resolution Mid-Wave …

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