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January 24, 2013
06:57 EDTLMTLockheed Martin reports Q4 Aeronautics revenue up 7% to $4.14B
Aeronautics' net sales for the quarter ended Dec. 31, 2012 increased $286M, or 7%, compared to the same period in 2011. The increase was attributable to higher net sales of approximately $165M from C-5 programs due to higher aircraft deliveries; and about $130M from C-130 programs primarily due to higher aircraft deliveries. Partially offsetting the increases were lower net sales of approximately $20M from F-16 programs as lower volume on sustainment activities due to the completion of modification programs for certain international customers more than offset increased F-16 aircraft deliveries. Net sales from F-35 contracts and the F-22 program were comparable to the same period in 2011.
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August 27, 2014
17:33 EDTLMTLockheed Martin awarded $122.22M government contract modification
Lockheed Martin is being awarded a $122.22M modification to a previously awarded F-35 Lightning II Low Rate Initial Production, or LRIP, Lot VI cost-plus incentive fee contract for the procurement of support equipment for the F-35 aircraft such as sensor covers, tool sets, vacuum clamp sets, and heat gun assemblies. Work is expected to be completed in November 2016. Fiscal 2012 aircraft procurement funds in the amount of $122.22M will be obligated at time of award, all of which will expire at the end of the current fiscal year.
August 25, 2014
18:03 EDTLMTLockheed Martin and Electro Optic Systems to develop space debris tracking site
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09:01 EDTLMTLockheed Martin buys Sun Catalytix assets, terms not disclosed
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August 22, 2014
07:16 EDTLMTLockheed, suppliers aim to cut F-35 expenses, Reuters says
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August 20, 2014
14:07 EDTLMTAstrotech Corporation to sell assets of Astrotech Space Operations business unit
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August 18, 2014
09:31 EDTLMTLockheed Martin receives contract from US Navy to test FROTIS exoskeletons
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