Lockheed Martin CEO says PAC-3 ACE could deliver two-thirds of MSE capability at one-half to one-third of the price
Lockheed Martin is developing a lower-cost PAC-3 interceptor for drones, cruise missiles and short-range ballistic missiles.
Lockheed Martin CEO says F-35 production can hold at 156 jets a year as Pentagon and allied demand supports long-term growth
Lockheed Martin expects annual F-35 production to remain at 156 aircraft, Chief Executive Jim Taiclet said.
U.S. Navy decommissions USS Fort Worth after nearly 14 years, shifting funds to upgrades for remaining littoral combat ships
The U.S. Navy decommissioned USS Fort Worth (LCS 3) at Naval Base San Diego on July 29.
U.S. Department of War awards Lockheed Martin $58.6 billion PAC-3 MSE multiyear contract to expand interceptor production
The U.S. government has awarded Lockheed Martin up to $53.86 billion for PAC-3 Missile Segment Enhancement interceptors.
Lockheed Martin to double Archbald plant and add 700 jobs as U.S. munitions and missile production capacity expands in Pennsylvania
Lockheed Martin will double the size of its Archbald manufacturing facility in Pennsylvania and add about 700 manufacturing jobs.
Lockheed Martin supports Australia-U.S. Navy live-fire test of Aegis-based medium-range ground air defense prototype
Lockheed Martin has supported a live-fire test of a developmental medium-range ground-based air defense prototype in Australia.
Trump, Zelenskyy discuss Patriot interceptor licenses as Ukraine seeks deeper missile production ties with Lockheed Martin
Ukrainian President Volodymyr Zelenskyy and U.S. President Donald Trump discussed licenses that would allow Ukraine to produce interceptors for Patriot air defense systems during talks at the White House.
Lockheed Martin CEO says its laser weapon passed first Golden Dome missile-defense test, leading to new Pentagon contract weeks later
Lockheed Martin won a Pentagon contract for a new high-power laser weapon just two weeks after a successful test under the Golden Dome missile defense program.
American industry to nearly triple PAC-3 MSE propulsion production under seven-year missile manufacturing framework
The agreement follows other PAC-3 MSE framework arrangements across the program’s industrial base.
L3Harris, Lockheed Martin and Pentagon move to quadruple THAAD propulsion output under seven-year missile production plan
L3Harris Technologies, Lockheed Martin and the U.S. Department of War have signed a seven-year framework agreement to quadruple propulsion production for the Terminal High Altitude Area Defense system.
Lockheed Martin, Sabena Engineering expand F-16 sustainment partnership for European fleets and Block 70/72 operators
Lockheed Martin and Sabena Engineering have signed a letter of intent to expand regional sustainment support for F-16 operators, including Block 70/72 customers.
UK selects Lockheed Martin to develop hypersonic target for missile defense testing under AUKUS cooperation
The UK Ministry of Defence has awarded Lockheed Martin UK a £20 million contract to develop a hypersonic target for missile-defense testing.