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Why Does Lockheed Martin Want to Put Exoskeletons on Workers?

How Lockheed and Ekso are working hard to make human beings more efficient.

Japan Buying F-35 Stealth Fighters

Japan's Ministry of Defense plans to seek funding for the purchase of six F-35 stealth fighter jets from Lockheed Martin in next fiscal year's budget to strengthen defense of remote southwestern islands against China, which has grown increasingly assertive at sea and in the air. Show More Summary

US Navy Wants Artificial Intelligence in F/A-XX Sixth Generation Fighter

Artificial intelligence will likely feature prominently onboard the Pentagon’s next-generation successors to the Boeing F/A-18E/F Super Hornet and the Lockheed Martin F-22 Raptor.“AI is going to be huge,” said one U.S. Navy officialShow More Summary

How Does Pentagon Easing Restrictions On F-35 Flights Impact Lockheed Martin?

By Options Calling: Lockheed Martin (NYSE:LMT), the largest defense contractor in the US, came under the radar recently when one of its fighter plane engines in the F-35 program caught fire. The company had to undergo restrictions regarding...Show More Summary

High-res imaging satellite demos what it can do with crystal clear pics of Madrid

DigitalGlobe's WorldView-3 satellite has only been in space for less than half a month, but it's already proven itself capable of shooting high-res images just like the company promised. Just a few days after Lockheed Martin flew it to orbit, the...

Lockheed Martin to track space junk from the Australian Outback

In the movie Gravity, masses upon masses of floating debris hurtled through space at alarming speeds and collided with the heroine's space shuttle, killing her crew. Space junk isn't just something made up for the movies, though -- it's a real issue...

Lockheed Martin seeks to clean up space junk

It is a problem that is alarming scientists, satellite operators and the US Air Force: what to do with the millions of pieces of space junk hurtling around the earth at speeds several times faster than a bullet? On Tuesday the US defence...Show More Summary

US Defense Workforce Shrinkage, In Numbers

Politico reviewed SEC filings from major US defense contractors and found that “The number of employees at the five largest U.S. defense firms has dropped 14% from a peak in 2008 – and 10% over the past decade.” Lockheed Martin shrunk its workforce the most, in absolute (-31,000) and relative (-21%) terms. Maintenance & Readiness […]

US Navy to test Fortis exoskeletons

Move over, Tony Stark; the US Navy is going Iron Man. The National Center for Manufacturing Sciences (NCMS) has ordered a pair of Fortis exoskeletons from Lockheed Martin for testing and evaluation. The unpowered exoskeletons won’t give...Show More Summary

SpaceX Has Great News for Texas -- But for Boeing and Lockheed Martin, Not So Much

A new SpaceX spaceport could revive the economy of one Texas town. But can investors make any money off of SpaceX?

Phew! The F-35B Can Operate From Wet Runways & In Crosswinds

last weekVehicles / Cars : Jalopnik

The F-35B recently completed wet runway and crosswind landing tests, which is good, considering that we've already bought 47 of the $252M fighters. Hopefully this isn't the first time the good folks at Lockheed Martin have tested the F-35B's that ability, since weather is still a thing that happens. Read more...

Exclusive: Lockheed, suppliers brainstorm how to lower F-35 operating costs

last weekNews : The Newsroom

By Andrea Shalal WASHINGTON (Reuters) - Lockheed Martin Corp met with 90 key suppliers last week to brainstorm ways to lower the long-term cost of operating and maintaining the F-35 fighter jets from the Pentagon's current forecast of $1.02 trillion through 2065. Show More Summary

Lockheed Martin’s $165 Fair Value Rides On Its F-35 Program & Its Growing International Sales

In our opinion, the F-35 program and Lockheed’s rising international military sales underpin its current valuation. We currently have a stock price estimate of $165 for Lockheed, marginally below its current market price.

US Navy to Test and Evaluate Lockheed Martin Industrial Exoskeletons

Lockheed Martin (LMT) has received a contract through the National Center for Manufacturing Sciences (NCMS) for the U.S. Navy to evaluate and test two FORTIS exoskeletons. This marks the first procurement of Lockheed Martin’s exoskeletons for industrial use. Terms of […]

Lockheed Martin Robotos Conduct First Fully Autonomous Mission

Lockheed Martin, in collaboration with the U.S. Army Tank Automotive Research, Development and Engineering Center (TARDEC), successfully conducted a fully autonomous resupply, reconnaissance, surveillance and target-acquisition demonstration using its Squad Mission Support System (SMSS) unmanned ground vehicle, K-MAX unmanned helicopter […]

U.S. Navy to Test Iron Man-Like Exoskeletons for Use in Shipyards

Defense contractor Lockheed Martin has received a contract for the U.S. Navy to evaluate and test two of its iron man-like exoskeletons for potential use in naval shipyards. The post U.S. Navy to Test Iron Man-Like Exoskeletons for Use in Shipyards appeared first on gCaptain Maritime & Offshore News.

Lockheed Martin's FORTIS exoskeleton helps US Navy with heavy lifting

While it may not be a full suit of high-tech gadgetry like Iron Man dons, the US Navy is set to test exoskeletons from Lockheed Martin. In the first contract to employs the company's strength-boosting garb for industrial use, two FORTIS exoskeletons...

Think you’re better off with a lump sum over a monthly pension? Think again.

NCR Corp. Lockheed Martin and packaging firm RockTenn are among the growing number of employers who in recent years have hit tens of thousands of their workers and retirees with an enticing offer: to accept lump sum payouts, often well into six figures, in lieu of monthly pension payments. The lump sum has some appeal, […]

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