Lockheed Team Wins Presidential Chopper
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The U.S. Navy has chosen a  trans-Atlantic team led by Lockheed Martin Corp. to build a new  U.S. presidential helicopter fleet in a deal valued at $1.7  billion.
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The U.S. Navy on Friday gave a  transatlantic team led by Lockheed Martin Corp. LMT.N a $1.7  billion contract to build a new fleet of 23 U.S. presidential  helicopters, a deal valued at up to $6.1 billion.
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A consortium made by Israeli defence industry company Elbit Systems and U.S. Lockheed Martin has won an order to modernise 18 Bulgarian Army helicopters, a report said Saturday.
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Lockheed Martin Corp.  LMT.N has  received two U.S. Air Force contracts totaling $716 million to  continue work on its F/A-22 Raptor fighter jet, designed to be  the world's most capable, amid reports the $72 billion program  may be scaled back sharply, the company said Friday.
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The Bush administration announced the winner of a competition to design the nationâs first new nuclear weapon in nearly two decades.
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Lockheed Martin Corp.   has received two U.S. Air Force contracts totaling &#36;716 million to continue work on its F/A-22 Raptor fighter jet, designed to be the world's most capable, amid reports the &#36;72 billion program may be scaled back sharply, the company said Friday.
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Lockheed Martin Corp.  has won a contract modification worth $1 billion to build 23 more F-22 fighter aircraft plus one test aircraft, the Pentagon said Tuesday.
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BAGHDAD, Feb. 7 -- A U.S. military transport helicopter, capable of carrying up to 25 people, crashed Wednesday northwest of Baghdad, a U.S. military spokesman said.
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THE WINNER: Lockheed Martin Corp. beat out a competing team made up of Northrop Grumman Corp. and Boeing Co. for a contract to design and build the next-generation crew exploration vehicle, Orion, which NASA hopes returns astronauts to the moon by 2020, and later to Mars.
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The multi-billion dollar Anglo-American Joint Strike Fighter successfully completes its maiden test flight.
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The head of the aeronautics division of defense contractor Lockheed Martin Corp. will retire next year, the company announced Friday. The division makes fighter jets and other planes for the United States and foreign armies.
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WASHINGTON, Sept. 14  /PRNewswire/ -- Lockheed Martin  has successfully completed a live flight demonstration of network centric operations for the Airborne, Maritime and Fixed Stations (AMF) component of the military's Joint Tactical Radio Systems (JTRS).
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The US Air Force has praised a new Boeing Co. rocket meant to loft schoolbus-sized military satellites, despite its failure to put a dummy spacecraft into its planned orbit this week.
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Despite the loss of a NATO Chinook helicopter this week with seven servicemen aboard, a British-led thrust to drive the Taliban from strongholds in Helmand province is yielding success, Western military officials said on Friday.
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Lockheed Martin will build the new presidential helicopter fleet, the Navy announced Friday, putting an end to a fierce competition that had both political and international overtones.
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With a combined age of 72, the Hercules transport plane and the Seahawk helicopter don't have the sleek, space-age lines of their newer, higher-tech brethren. But these veterans are the stars of the aerial relief operation in Indonesia.
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A transport helicopter that crashed in Iraq last week killing all seven on board was brought down by a "sophisticated piece of weaponry", the U.S. military said on Wednesday.