F-35 Program Sees First Drop In Prices

The development and production cost of Lockheed Martin Corp. (LMT)'s F-35 fighter, the Pentagon's most expensive weapons program, has decreased by 1.1 percent, primarily because of reduced labor rates, according to the Pentagon's latest cost ...

StreetInsider.com - Form 4 LOCKHEED MARTIN CORP For: May 17 Filed by: Barbour

Lockheed Martin Corp. (LMT) turned out to be the major beneficiary of the 20 contracts, worth $717.7 million, handed out by the Department of Defense (DoD) very recently. Indeed the company secured four contracts that comprised nearly 20% of the ...

Defense contractor Lockheed Martin has announced plans to build a green energy power plant that will use variations in ocean water temperature to generate electricity, taking a big step toward making the 130-year-old concept commercially viable.

StockCall.com Provides Stock Research on Lockheed Martin Corp., General Dynamics Corp., TASER Intl. Inc., Textron Inc., and AerCap Holdings N.V. New York City, New York -- (May 17, 2013) The failure of U.S. lawmakers to reach an agreement on ...

CANBERRA, May 16 (Reuters) - Lockheed Martin Corp is well on the way to fixing the F-35s performance and helmet problems, Australian military chiefs said on Thursday, rejecting criticism the troubled jet will be overmatched by newer Russian and ...

May 15 (Bloomberg) -- Lockheed Martin Corp., the No. 1 defense company, and MBDA, the No. 2 missile maker, are considering cooperation in naval weapons to attract more customers worldwide. The agreement could lead to offerings of Lockheed Martin's ...

The Pentagon's top weapons buyer is backing calls to restore a valve on Lockheed Martin Corp. (LMT) "The addition of an improved" valve "would result in the aircraft being fully compliant" with its operational requirements, Frank Kendall, the under ...

Lockheed Martin Corp. announced the appointment of Gordon Johndroe as vice president of Media Relations and International Communications, reporting to Jennifer Whitlow, vice president, Corporate Communications. According to a release, in this role, ...