New York (AirGuideBusiness - Aerospace & Defense News - Defense North America) Jan 13, 2013
Lockheed Martin Lockheed lays off 110 in Texas. Lockheed Martin has laid off about 110 employees at a Fort Worth, Texas plant, but the company says the move isn't a result of possible sequestration cuts. The layoffs affected mainly aircraft assemblers at Lockheed Martin Aeronautics, which builds F-16 and F-35 jets. Jan 10, 2013
Lockheed Martin Lockheed, General Dynamics pursue health care work. Major weapons-makers Lockheed Martin and General Dynamics have pursued and won multimillion-dollar health care contracts, work that provides revenue at a time when defense budgets are being cut. "It's where the money is," said Bill Loomis, an analyst with Stifel, Nicolaus & Co. in Baltimore Jan 8, 2013
Lockheed Martin Pentagon awards Lockheed up to $4.9B in F-35 contracts. Lockheed Martin's F-35 Joint Strike Fighter program has been awarded up to $4.9 billion in funding from the Pentagon. Under the deal, Lockheed will provide 31 of the fighter planes and additional parts and support. Jan 6, 2013
Lockheed Martin Lockheed to build 2 Air Force communications satellites. The Pentagon has awarded Lockheed Martin a $1.9 billion contract to build two new satellites for the Air Force. The new communications satellites will be the fifth and sixth that are part of the Air Force's Advanced Extremely High Frequency satellite program. Some of those satellites would allow communications between the military and the U.S. president in the event of nuclear war.E Jan 6, 2013
Northrop Grumman Northrop bids adieu to Paris Air Show for...