Turkey announced F-35 purchase

ANKARA, Turkey, Jan. 6 (UPI) -- Turkey has agreed to purchase two of Lockheed Martin's next generation F-35 fighter jets, officials said.

Army receiving Longbow Block III units

ORLANDO, Fla., Jan. 5 (UPI) -- The U.S. Army has ordered upgraded radar and data systems for AH-64D Apache helicopters as well as 15 fire control radar for helicopters operated by Taiwan.

Saudi F-15s tip of $123B gulf arms plan

RIYADH, Saudi Arabia, Dec. 30 (UPI) -- The sale of advanced F-15SA fighters and upgrades for older models is a major component of a far wider U.S. arms deal in the Middle East aimed at countering Iran.
Lockheed wins Antarctic support contract

Lockheed wins Antarctic support contract

ROCKVILLE, Md., Dec. 28 (UPI) -- Infrastructure supporting U.S. scientific research in the Antarctic region will be operated and maintained by Lockheed Martin.
Israel navy scraps warship plans amid cuts

Israel navy scraps warship plans amid cuts

TEL AVIV, Israel, Dec. 27 (UPI) -- Amid an intense political battle over its budget, the Israeli Defense Ministry and scrapping plans to buy new ships and jet fighters.

Hackers bust into Stratfor Web site

NEW YORK, Dec. 26 (UPI) -- Hackers claiming to be part of the Anonymous network say they crashed the Web site of a U.S. research group that posts a daily newsletter on security issues.

Brazil invests in rival to C-130 transport

SAO PAULO, Dec. 23 (UPI) -- Brazil is investing heavily in developing its potential rival to Lockheed Martin's C-130J and other European, Russian and Chinese competitors in a multibillion dollar global military transport market.

Japan buying JSF aircraft helps Australia

CANBERRA, Australia, Dec. 23 (UPI) -- Japan buying Lockheed Martin F-35 Joint Strike Fighters assists Australia, an Australian Ministry of Defense spokesman said.

Japan opts for Lockheed Martin's F-35

TOKYO, Dec. 22 (UPI) -- Japan's Ministry of Defense has chosen Lockheed Martin's fifth-generation fighter F-35 Lightning II as its next-generation fighter aircraft.

Japan picks F-35, reaps kudos

FORT WORTH, Texas, Dec. 21 (UPI) -- Japan has picked Lockheed Martin's F-35 as its next-generation fighter, winning praise from Norway and Canada which help fund the aircraft's development.

Congress notified on possible missile sale

WASHINGTON, Dec. 20 (UPI) -- A possible U.S. Foreign Military Sale of Javelin missiles to the United Arab Emirates has been reported by the U.S. Defense Security Cooperation Agency.

Navy satellite project moves forward

SUNNYVALE, Calif., Dec. 19 (UPI) -- The U.S. Navy's first Mobile User Objective System satellite, due for launch in February, has been delivered by Lockheed Martin.

GPS III ready for assembly

DENVER, Dec. 19 (UPI) -- The pathfinder spacecraft for Lockheed Martin's next-generation GPS is ready for final assembly, integration and testing at a new facility in Colorado.

Iraq, buying American, gets nod for F-16s

BAGHDAD, Dec. 16 (UPI) -- The U.S. military may be pulling out of Iraq but Prime Minister Nouri al-Maliki is investing in weaponry that will maintain links with the United States for years to come.

SBIRS satellite in thermal vacuum tests

SUNNYVALE, Calif., Dec. 16 (UPI) -- Thermal vacuum testing of the U.S. Air Force's second Space Based Infrared System geosynchronous satellite has been completed by Lockheed Martin.
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Lockheed Martin
A visitor walks past a US made Lockheed Martin army surface to surface missile on the opening day of the Eurosatory international exhibition for Land and Land-air Defene in Villepinte, north of Paris, June 12, 2006. The show is to run until June 16. (UPI Photo/Eco Clement)

Lockheed Martin (NYSE: LMT) is an American global aerospace, defense, security, and advanced technology company with worldwide interests. It was formed by the merger of Lockheed Corporation with Martin Marietta in March 1995. It is headquartered in Bethesda, Maryland, in the Washington Metropolitan Area. Lockheed Martin employs 140,000 people worldwide. Robert J. Stevens is the current Chairman and Chief Executive Officer. Lockheed Martin is one of the world's largest defense contractors; In 2009, 74% of Lockheed Martin's revenues came from military sales.[1] It received 7.1% of the funds paid out by the Pentagon.[2] Lockheed Martin operates in four business segments. These comprise, with respective percentages of 2009 total net sales of $45.2 billion, Aeronautics (27%), Electronic Systems (27%), Information Systems & Global Solutions (27%), and Space Systems (19%). In 2009 US Government contracts accounted for $38.4 billion (85%), foreign government contracts $5.8 billion (13%), and commercial and other contracts $0.9 billion (2%).[3] In both 2009 and 2008 the company topped the list of US Federal Contractors. The company has received the Collier Trophy six times. Most recently (in 2001) for being part of developing the X-35/F-35B LiftFan Propulsion System,[4][5][6] and again in 2006 for leading the team that developed the F-22 Raptor fighter jet.

This article is licensed under the GNU Free Documentation License.
It uses material from the Wikipedia article "Lockheed Martin."
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