LOCKHEED MARTIN overview

Skunk Works® Demonstrates Airborne Battle Management of AI-Controlled Aircraft PR Newswire IOWA CITY, Iowa, Nov. 21, 2024 IOWA CITY, Iowa , Nov. 21, 2024 /PRNewswire/ -- Lockheed Martin Skunk Works® (NYSE: LMT), in partnership with Lockheed Martin's Demonstrations and Prototypes organization and the University of Iowa's Operator Performance Laboratory (OPL), showcased a crewed-uncrewed teaming mission where an airborne battle manager issued real-time commands to AI-controlled aircraft through...

Romania Becomes the 20th Member of the F-35 Global Alliance PR Newswire FORT WORTH, Texas, Nov. 21, 2024 F-35 reinforced as one-of-a-kind aircraft for allied air defense FORT WORTH, Texas , Nov. 21, 2024 /PRNewswire/ -- The Government of Romania confirmed today its intent to procure 32 Lockheed Martin 5th Generation F-35 Lightning II aircraft by signing a Letter of Offer and Acceptance (LOA) through a U.S. government Foreign Military Sale. This decision marks a significant milestone in Romania's...

X-59 Engine Roars, Lockheed Martin Starts Last Major Ground Test PR Newswire PALMDALE, Calif., Nov. 12, 2024 PALMDALE, Calif. , Nov. 12, 2024 /PRNewswire/ -- Lockheed Martin Skunk Works ® (NYSE: LMT), in partnership with NASA Aeronautics, started X-59 engine run testing, marking the aircraft's final major system check-out before taxi tests and first flight. The tests also mark the first time the X-59 was powered fully internally. During the tests, Lockheed Martin is verifying inlet and nozzle...

U.S. Navy and Lockheed Martin Skunk Works® Demonstrate First Live Control of an Uncrewed Air Vehicle by UMCS and MDCX™ PR Newswire PATUXENT RIVER, Md., Nov. 7, 2024 PATUXENT RIVER, Md. , Nov. 7, 2024 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) collaborated with the U.S. Navy and General Atomics (GA) in a first-ever live control flight demonstration of an uncrewed system by the Unmanned Carrier Aviation Mission Control Station (UMCS). Powered by the Skunk Works ® MDCX™ autonomy platform,...

Lockheed Martin Advances Space Capabilities through Strategic Terran Orbital Acquisition PR Newswire BETHESDA, Md., Oct. 30, 2024 Deal Enables Rapid Development and Fielding of Mission-Ready Spacecraft BETHESDA, Md. , Oct. 30, 2024 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) has completed its previously announced acquisition of Terran Orbital, a leading manufacturer of innovative modular spacecraft serving the global aerospace and defense industries, and its subsidiary, Tyvak International....

Lockheed Martin Reports Third Quarter 2024 Financial Results PR Newswire BETHESDA, Md., Oct. 22, 2024 Net sales of $17.1 billion , an increase of 1% year over year Net earnings of $1.6 billion , or $6.80 per share Cash from operations of $2.4 billion and free cash flow of $2.1 billion $1.6 billion of cash returned to shareholders through dividends and share repurchases Increased share repurchase authority by $3.0 billion to a total authorization of $10.3 billion Increased quarterly dividend 5%...

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Lockheed Martin Announces New F-35 Leader PR Newswire FORT WORTH, Texas, Oct. 9, 2024 FORT WORTH, Texas , Oct. 9, 2024 /PRNewswire/ -- Lockheed Martin (NYSE:LMT) announced today Chauncey McIntosh has been named vice president and general manager of the F-35 Lightning II Program, effective Dec. 1 . McIntosh succeeds Bridget Lauderdale , who will be retiring at the end of the year following a 38-year career with the company. McIntosh, who most recently served as the vice president and deputy of...