After many months of principled diplomacy, the P5+1 — the United States, the United Kingdom, France, China, Russia and Germany — along with the European Union, have achieved a long-term comprehensive nuclear deal with Iran that will verifiably prevent Iran from acquiring a nuclear weapon and ensure that Iran’s nuclear program will be exclusively peaceful […]
Bethesda, Md., July 20, 2015 – Lockheed Martin (NYSE: LMT) has entered into a definitive agreement to acquire Sikorsky Aircraft, a world leader in military and commercial rotary-wing aircraft, for $9.0 billion. The price is effectively reduced to approximately $7.1 billion, after taking into account tax benefits resulting from the transaction. “Sikorsky is a natural […]
Today, President Obama provided an update on the U.S. mission to degrade and ultimately destroy the terrorist group, ISIL. Watch his remarks at the Pentagon here: ISIL (Islamic State of Iraq and the Levant) was formerly al Qaeda’s affiliate in Iraq, and has since gained territory on both sides of the Iraq-Syrian border by taking […]
ORLANDO, Fla., – The German Federal Ministry of Defence has chosen the Medium Extended Air Defense System (MEADS) as the basis for Taktisches Luftverteidigungssystem (TLVS), a next-generation network-based tactical air and missile defense system. It will replace Patriot air defense systems initially fielded in the 1980s. Lockheed Martin (NYSE: LMT) will share in development of […]
SUNNYVALE, Calif., June 3, 2015 — Following successful completion of on-orbit testing, the U.S. Navy accepted the third Lockheed Martin (NYSE: LMT)-built Mobile User Objective System (MUOS) satellite. Launched January 20, MUOS-3 is the latest addition to a network of orbiting satellites and relay ground stations that is revolutionizing secure communications for mobile military forces. […]
DENVER, – Using a 10-ton crane, Lockheed Martin [NYSE: LMT] engineers and technicians gently lowered the system module of the U.S. Air Force’s first next generation GPS III satellite into place over its propulsion core, successfully integrating the two into one space vehicle. Click here for a high-resolution version of the GPS Integration image. GPS […]
LINTHICUM, Md. – Northrop Grumman Corporation (NYSE:NOC) introduced its Scalable Agile Beam Radar – Global Strike (SABR-GS) for the U.S. Air Force’s B-1B Lancer at the 30th Anniversary B-1 Reunion held at Dyess Air Force Base, Texas. Northrop Grumman’s SABR-GS is a full performance, multi-function, active electronically scanned array (AESA) radar for the B-1. Developed […]
BLOOMFIELD, Conn., – Dangerous frontline operations call for a safe and efficient method to locate and evacuate wounded personnel. To address this critical need and help save lives, Lockheed Martin (NYSE: LMT), Kaman Aerospace (NYSE: KAMN), and Neya Systems demonstrated the first ever collaborative unmanned air and ground casualty evacuation using the unmanned aerial system […]
THE PRESIDENT: This morning, I want to express our grief and condolences to the families of two hostages. One American, Dr. Warren Weinstein, and an Italian, Giovanni Lo Porto, who were tragically killed in a U.S. counterterrorism operation. Warren and Giovanni were aid workers in Pakistan devoted to improving the lives of the Pakistani people. […]
NEW YORK & PITTSBURGH—Lightweight, high-performance metals leader Alcoa (NYSE:AA) is announcing another major milestone in its transformation, further building its value-add portfolio for profitable growth. The Company has signed a definitive agreement to acquire RTI International Metals, Inc. (NYSE:RTI), a global supplier of titanium and specialty metal products and services for the commercial aerospace, defense, […]
