Lockheed Martin
American aerospace
Follow Lockheed Martin on Notably News to receive short updates to your email — rarely!
2024 | Projected revenue of $71,043 million with a slight decrease in net income to $5,336 million, maintaining 121,000 employees |
December 2024 | Formed a new subsidiary, Astris AI, to help U.S. defense companies incorporate artificial intelligence into their operations. |
October 9 2024 | Announced the appointment of Chauncey McIntosh as vice president and general manager of the F-35 Lightning II Program, effective December 1, 2024. |
June 28 2024 | U.S. Army awarded Lockheed Martin a $4.5 billion contract to supply 870 Patriot Advanced Capability-3 (PAC-3) MSE missiles. |
June 21 2024 | Lockheed Martin Advanced Technology Laboratories was sanctioned by the Chinese government due to arm sales to Taiwan. |
March 2024 | Submitted a bid to acquire Terran Orbital. |
2023 | Revenue rebounds to $67,571 million with net income of $6,920 million and employee count increasing to 122,000 |
November 2023 | Lockheed Martin was targeted by direct action protests in the United States and United Kingdom due to weapons supplies to Israel during the Israel-Hamas war. |
May 2023 | Formed a new microelectronics subsidiary ForwardEdge ASIC to design custom application-specific integrated circuits. |
February 2023 | Lockheed Martin was sanctioned by the Chinese government due to arms sales to Taiwan. |
2022 | During the Russian invasion of Ukraine, Lockheed Martin reported a sharp increase in interim sales and profits. |
2022 | Lockheed Martin's lobbying expenditure reached $13.6 million, maintaining a consistent level of political spending. |
2022 | Slight revenue decrease to $65,984 million, but continues to grow employee count to 116,000 |
April 10 2022 | ZE704 aircraft was last seen at Bruntingthorpe Aerodrome on April 10, 2022. |
April 4 2022 | ZE705 aircraft was last seen at Bruntingthorpe Aerodrome on April 4, 2022. |
March 28 2022 | ZD953 aircraft was last seen at Bruntingthorpe Aerodrome on March 28, 2022. |
March 13 2022 | ZD950 aircraft was last seen at Bruntingthorpe Aerodrome on March 13, 2022. |
February 2022 | ZD948 aircraft was last seen at Bruntingthorpe Aerodrome between February and March 2022. |
February 24 2022 | ZD951 aircraft was last seen at Bruntingthorpe Aerodrome on February 24, 2022. |
February 13 2022 | Abandoned the Aerojet Rocketdyne acquisition deal following regulatory disapproval. |
2021 | The 432nd Air Expeditionary Wing confirmed successful deployment and redeployment of RQ-170 Sentinel forces. |
2021 | Maintains steady performance with revenue of $67,044 million and 114,000 employees |
March 2021 | USAF disclosed a deployment of RQ-170s, though the specific location was not identified. |
January 2021 | James D. Taiclet became chairman of the company. |
January 2021 | James D. Taiclet became chairman of Lockheed Martin. |
2020 | Joseph F. Dunford joins the Lockheed Martin Board of Directors. |
2020 | Reported annual earnings of $6.833 billion with a revenue of $65.398 billion, representing a 9.3% increase from the previous year. |
December 20 2020 | Announced plans to acquire Aerojet Rocketdyne Holdings for $4.4 billion, with expected closure in first quarter of 2022. |
October 2020 | Sanctioned again by the Chinese government due to arm sales to Taiwan. |
August 4 2020 | At least one RQ-170 participated in a $1.4 million Large Force Test Event at Nellis Air Force Base in Nevada, from August 4-6. |
July 2020 | Lockheed Martin was first sanctioned by the Chinese government due to arms sales to Taiwan. |
June 15 2020 | James Taiclet officially became CEO of Lockheed Martin, replacing Marillyn Hewson who transitioned to executive chair. Taiclet previously led American Tower and had experience in aerospace leadership roles at Honeywell and United Technologies. |
March 16 2020 | Lockheed Martin announced James D. Taiclet would replace Marillyn Hewson as CEO, effective June 15. |
February 2020 | Lockheed Martin acquired Vector Launch Inc's satellite software technology GalacticSky for $4.25 million. |
February 8 2020 | Announced selection of ABL Space to launch a mission from Scotland, expected to be the first from the U.K. and first from European soil. |
January 2020 | Pentagon identified at least 800 software defects in Lockheed Martin's F-35 fighter jets during an annual review. |
January 2020 | Naval Sea Systems Command awarded Lockheed Martin a $138 million contract for AEGIS Combat System Engineering Agent (CSEA), with the project expected to be completed by December 2020. |
2019 | Debra L. Reed-Klages becomes a member of the Lockheed Martin Board of Directors. |
2019 | Company experiences substantial revenue growth to $59,812 million and increases employee count to 110,000 |
2019 | Lockheed Martin ranked No. 60 in the Fortune 500 list of largest United States corporations by total revenue, a slight drop from No. 59 in the previous year. |
September 23 2019 | Signed $4.6-billion contract with NASA to build six or more Orion capsules for the Artemis program to send astronauts to the Moon. |
April 11 2019 | Successfully launched Arabsat-6A satellite at 6:35 pm EDT, described as one of the most advanced commercial communications satellites built by the company. |
2018 | Vicki A. Hollub, Jeh Johnson, and James D. Taiclet join the Lockheed Martin Board of Directors. |
2018 | Receives the Collier Trophy for the Automatic Ground Collision Avoidance System (Auto-GCAS), further cementing its reputation for innovative aerospace technologies. |
November 29 2018 | Awarded NASA's Commercial Lunar Payload Services contract, becoming eligible to bid on $2.6 billion worth of lunar payload deliveries. |
August 13 2018 | Secured a $480 million contract from the United States Air Force to develop a hypersonic weapon prototype. |
August 1 2018 | The Air Force received the last modified C-5 aircraft, concluding the modernization program. |
July 25 2018 | RERP upgrades were completed on the C-5 fleet. |
April 2018 | Secured first $928 million contract from Air Force for hypersonic weapons development. |
We are only showing the most recent entries for this topic. |
This contents of the box above is based on material from the Wikipedia articles Lockheed Martin, Lockheed Martin Space, Lockheed Martin RQ-170 Sentinel, Lockheed C-5 Galaxy, Lockheed Martin Advanced Technology Laboratories & List of preserved Lockheed aircraft, which are released under the Creative Commons Attribution-ShareAlike 4.0 International License.