Lockheed Martin Corporation (NYSE: LMT)

Lockheed Martin Announces Third Quarter 2019 Earnings Results Webcast

BETHESDA, Md., October 15, 2019 /PRNewswire/ — Lockheed Martin (NYSE: LMT) will webcast live its third quarter 2019 earnings results conference call on Tuesday, October 22, 2019, at 11:00 a.m. EDT. Marillyn Hewson, chairman, president and chief executive officer; Ken Possenriede, executive vice president and chief financial officer; and Greg…

Lockheed Martin’s Modernized Turret Adds Performance, Operational Capabilities to the AH-64E Apache Helicopter

WASHINGTON, Oct. 15, 2019 /PRNewswire/ — The U.S. Army recently awarded Lockheed Martin (NYSE: LMT) a $40.6 million contract to produce Modernized Turrets (M-TUR) for the AH-64E Apache helicopter, an upgrade to the Modernized Target Acquisition Designation Sight and Pilot Night Vision Sensor (M-TADS/PNVS) system with enhanced operational and performance…

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…

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…

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…

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…

Lockheed Martin Declares Fourth Quarter 2019 Dividend

BETHESDA, Md., Sept. 26, 2019 /PRNewswire/ — The Lockheed Martin Corporation (NYSE: LMT) board of directors has authorized a fourth quarter 2019 dividend of $2.40 per share, representing an increase of $0.20 per share over last quarter. The dividend is payable on December 27, 2019, to holders of record as…

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…