Lockheed Martin announced that it's completed tests of design changes for NASA's Orion spacecraft’s fairing separation system. Based on information from Orion's unmanned maiden flight on December 5 last year, the alterations are meant...Show More Summary
Lockheed Martin is more commonly known for its weapons business, building the most expensive fighter jet of all time or more recently moving into armored tanks.But as defense spending remains sluggish, it has set its sights on everything from climate change to space travel to nuclear fusion.Read full article >>
WASHINGTON (Reuters) - The U.S. State Department has approved the possible sale to Saudi Arabia of $5.4 billion in additional PAC-3 missiles built by Lockheed Martin Corp, the Pentagon said on Wednesday.
The U.S. State Department has approved the possible sale to Saudi Arabia of $5.4 billion in additional PAC-3 missiles built by Lockheed Martin Corp, the Pentagon said on Wednesday. The Defense Security Cooperation Agency said the sale would benefit a key U.S. partner in the Middle East. Notification to Congress was sent on Tuesday and […]
A degree from a top computer science or engineering school can land graduates jobs at elite companies like Google, Apple, Raytheon, Facebook, and Lockheed Martin. To determine which schools offer the best undergraduate programs, we surveyed over 400 Business Insider readers about which degrees they deem most valuable. Show More Summary
The deal comes as Qatar, Saudi Arabia and the United Arab Emirates seek to bolster their ballistic missile capabilities and anti-ballistic missile defense.
Americas Following Textron’s withdrawal last week, Lockheed Martin has acquired Sikorsky from United Technologies Corp. in a deal valued at $9 billion. The move has been interpreted as an attempt by Lockheed Martin to diversify its source of revenue, specifically to cover intermittent income from the F-35 program. UTC made the decision to cast-off the […]
The US Navy will purchase $153 million in upgraded early warning and jamming defenses to counter emerging threats, defense contractor Lockheed Martin said in a statement on Thursday.
The best computer science and engineering schools in the US are hotspots for elite companies like Google, Apple, Raytheon, Facebook, and Lockheed Martin to recruit fresh, new talent. We surveyed over 400 Business Insider readers to find out which engineering schools have the most valuable undergraduate programs. Show More Summary
Lockheed Martin will buy Sikorsky Aircraft, best known as the maker of the Black Hawk helicopter, in a $9 billion deal in order to enter the helicopter business, the United States’ biggest defense contractor announced on Monday.
Defense mega-giant Lockheed Martin has stepped up to purchase Sikorsky Helicopters for $9 billion. If the acquisition is approved by the government, which it almost certainly will be, it will mean the same parent company that buildsShow More Summary
Lockheed Martin Chairman & Chief Executive Officer Marillyn Hewson disclosed a major reshaping of her company's business mix on Monday, purchasing the Sikorsky helicopter operations of United Technologies at an after-tax cost of $7.1 billion while putting $6 billion in Lockheed's existing services businesses under review for potential spinoff. The [...]
Lockheed Martin Corp., the world’s biggest defense contractor, is about to get even bigger after buying helicopter maker Sikorsky from United Technologies Corp. in a deal worth 7.1 billion after “taking into account tax benefits resulting from the transaction.” It will be Lockheed’s biggest acquisition since 1995, when it merged with Martin Marietta in a…
Lockheed Martin confirmed on Monday that it will acquire Sikorsky Aircraft, the maker of Black Hawk helicopters, from United Technologies Corporation for $9 billion in cash. Lockheed, the world’s biggest military contractor, will add a strong line of new business to its portfolio. Show More Summary
Aside from Black Hawk helicopters, Sikorsky Aircraft makes presidential helicopters
Lockheed Martin agrees to buy Black Hawk helicopter maker Sikorsky for US$9bn.
Lockheed Martin is buying Black Hawk helicopter maker Sikorsky Aircraft for $9 billion. Lockheed Martin Corp. said Monday that it plans to add Sikorsky to its mission systems and training unit.
The deal would further bolster Lockheed’s status as the world’s biggest military contractor, giving it another major business line.
(Reuters) - Lockheed Martin Corp, the Pentagon's largest arms supplier, reported a 4.5 percent rise in quarterly profit and said it was starting a strategic review of its government IT and technical services businesses. The company,Show More Summary
WASHINGTON (Reuters) - Lockheed Martin Corp, the Pentagon's largest supplier, on Monday announced it had agreed to buy Sikorsky Aircraft, the helicopter unit of United Technologies Corp, for $9 billion, or about $7.1 billion after taking into account tax benefits resulting from the transaction. Show More Summary