The Business Times

Lockheed Martin

Global Enterprise

Trump administration mulls taking stakes in defence firms including Lockheed Martin

Firefly's small-launch vehicle, Alpha, will fly Lockheed’s spacecraft and payload into low-Earth orbit from its facilities on west and east coasts.
Transport & Logistics

Lockheed Martin lifts profit, sales forecasts on strong weapons demand

Firefly's small-launch vehicle, Alpha, will fly Lockheed’s spacecraft and payload into low-Earth orbit from its facilities on west and east coasts.
Transport & Logistics

Lockheed Martin to buy up to 25 rocket launches from Firefly Aerospace

A sign for Lockheed Martin on the X-59 aircraft during a media preview at Lockheed Martin Skunk Works in Palmdale, California, US, on Friday, Jan. 12, 2024. Lockheed Martin Corp. and NASA unveiled the X-59, a supersonic jet designed to fly faster than the speed of sound (about 760 mph at sea level) with much less noise. Photographer: Eric Thayer/Bloomberg
Companies & Markets

Lockheed Martin reports higher sales on strong defence demand

A sign for Lockheed Martin on the X-59 aircraft during a media preview at Lockheed Martin Skunk Works in Palmdale, California, US, on Friday, Jan. 12, 2024. Lockheed Martin Corp. and NASA unveiled the X-59, a supersonic jet designed to fly faster than the speed of sound (about 760 mph at sea level) with much less noise. Photographer: Eric Thayer/Bloomberg
International

Saudi Arabia to manufacture parts of Lockheed missile defence system

The reductions will affect positions across all of the company's business and enterprise operations, and the cost-cutting actions will include hiring freezes and voluntary separations.
Companies & Markets

Lockheed Martin to cut 1% of its jobs in cost-cutting push

Rising tensions in Europe, the South China Sea and the Indo-Pacific region have translated to more orders for Lockheed’s F-35 fighter aircraft, missiles and other defence equipments.
Companies & Markets

Lockheed Martin taps strong defence demand to beat results estimates

Lockheed added the contract offers three additional follow-on awards which will start in late 2023, allowing for a total contract value of up to US$4.5 billion over the next four years.
International

US Army awards Lockheed up to US$4.5 billion missiles contract

The regulations prohibit Lockheed Martin and Raytheon Missile and Defense Corporation, a subsidiary of Raytheon Technologies, from “engaging in import and export activities related to China”.
International

China imposes sanctions on Lockheed Martin, Raytheon over Taiwan arms sales

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