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Lockheed Martin forecast 2025 profit that missed Wall Street expectations on Tuesday, as the defense giant grapples with delayed rollouts of a tech upgrade on the F-35, underscoring a cautious ...
The Lockheed Martin Corporation, which received non-competitive contracts to produce the F-35 fighter, allegedly failed between 2013 and 2015 to disclose accurate cost information to the Defense ...
U.S. defense contractor Lockheed Martin Corporation has agreed to pay $29.74 million to settle allegations of defective pricing on contracts for F-35 military aircraft, the U.S. Justice Department ...
Lockheed Martin released a video showing an assembled X-59 rolling out of a hangar on August 4, 2023. [21] The corporation unveiled the X-59 on January 12, 2024. [22] [23] In November 2024, the X-59's engine was tested for the first time, with plans for the aircraft's first flight to take place in 2025. [24]
Lockheed Martin and D-Wave will collaborate to realize the benefits of a computing platform based upon a quantum annealing processor, as applied to some of Lockheed Martin's most challenging computation problems. Lockheed Martin established a multi-year contract that includes one system, maintenance, and services.
(Reuters) -Lockheed Martin has won a $17 billion contract to develop the next generation of interceptors to defend the United States against an intercontinental ballistic missile attack, the U.S ...
According to Rick Loy, Senior Program Manager for the Missile and Fire Control division at Lockheed Martin, the Mako is “compatible with any aircraft that has 30-inch lugs,” using the common BRU-32 heavy-duty ejector rack. [4] [2] It is also capable of sub-surface launches from a submarine's vertical launch system. [3] [4]
(Reuters) - A joint venture between Lockheed Martin and RTX's Raytheon was awarded a $1.3 billion follow-on contract by the U.S. army for its Javelin missiles, which has played a major role in ...