Lockheed Martin

Some notable partnerships between India and Lockheed Martin include the C-130J Super Hercules.

Lockheed Martin Q2 profit plunges 80% on $1.6 billion hit from secret project

The company also lowered its full-year 2025 operating profit forecast by $1.5 billion, or 18%, now projecting $6.65 billion

NASA launches tiny Lunar Trailblazer satellite to discover traces of water on the Moon

NASA's Lunar Trailblazer satellite is on a mission to map lunar water, a crucial resource for future space exploration, aiming to determine the form, distribution, and quantity of water on the Moon.

Goyal discusses aircraft manufacturing in India with Lockheed Martin

He held a meeting with a delegation led by Michael Williamson, President at Lockheed Martin International

DCX Systems bags significant order worth Rs 460.30 crore from Lockheed Martin

The high-value contract with Lockheed Martin will help the company establish itself as capable of meeting the demands of top global defence contractors, DCX Systems has said.

Lockheed Martin partners with Tata to make C-130J Super Hercules aircraft in India

Further, subject to the US government and Government of India approvals, there will be provisions for expanding C-130J manufacturing and assembly in India as well to make aircraft for the IAF's Medium Transport Aircraft (MTA) programme

PM Modi meets defence major Lockheed Martin's CEO

Prime Minister Narendra Modi has met defence major Lockheed Martin's CEO Jim Taiclet and lauded its commitment to Make in India, Make for World.

World Street | Troubled Chinese markets, Red Sea rampage by Houthis, chip on America’s shoulders, Holcim’s big bet

From Bangladesh's currency problems and cement giant Holcim's new US entity to surging crude oil prices, here's a look at some of the developments from the world of business

Lockheed Martin to cut 1% of its jobs in cost-cutting push

Lockheed Martin (LMT.N) plans to cut 1% of jobs this year to reduce costs and streamline operations, according to a spokesperson.

World Street | Lockheed Martin flies lower, Netflix on Raw rights, China market mayhem, Amazon online cars

Some of the top developments across the globe that came into foray were Lockheed Martin's profit forecast below Street expectations, Netflix's big step into wrestling ring - Raw

NASA unveils X-59 'quiet' supersonic aircraft; all you need to know

The X-59 launch paves the way for a "new generation of commercial aircraft that can travel faster than the speed of sound", NASA said.

Supersonic Jet that curbs window-shattering sonic boom to debut

The X-59, to be unveiled on Friday afternoon in Palmdale, California, has been designed to fly faster than the speed of sound (about 760 mph at sea level) with much less noise.

Why Warren Buffett prefers cash

The company has $150bn in cash and shortish-term bonds on hand, enough to buy either Goldman Sachs or Lockheed Martin outright

Tata-Lockheed JV to produce fighter jet wings in India

The wings will be used in the F-16 Block 70 fighter jets that Lockheed Martin is supplying to the Indian Air Force.

Lockheed Martin inks pact with HAL to explore industrial opportunities

"We are excited to explore potential opportunities with HAL, one of the largest aerospace companies in Asia," said Vice President of Business Development Integrated Fighter Group, Lockheed Martin Aeronautics, J R McDonald.

Lockheed Martin inks $4.4 billion deal to acquire Aerojet Rocketdyne

The deal is Lockheed's biggest acquisition since Jim Taiclet took over as chief executive in June. He is seeking to beef up the company's propulsion capabilities amid competition from new entrants such as SpaceX and Blue Origin, for space contracts with the US government.

China to impose sanctions on US firms over Taiwan arms sales

Lockheed Martin, Boeing Defense and Raytheon will be sanctioned, the spokesman, Zhao Lijian told a news conference in the Chinese capital.

Taiwan finalizes $62 billion purchase of F-16 jets from Lockheed Martin

The Lockheed contract comes as Beijing flexes its political muscle in Hong Kong, imposing a sweeping security law on the international business hub, a move that has caused concern in Taiwan.

Lockheed Martin's Marillyn Hewson to step down as CEO

Hewson has been with the Pentagon's largest defense contractor since 1983 and took over as chief executive in January 2013.

Lockheed Martin says ready to help India on Tejas and AMCA projects

Vivek Lall, vice president of Strategy and Business Development for Lockheed Martin, said the company is "very open" to assisting India in further development of the Tejas combat jet as well as the ambitious next generation aircraft.

Lockheed Martin hits 2019 F-35 delivery target of 131 jets

The world's largest defense contractor delivered a total of 134 of the stealthy jets this year and aims to deliver 141 F-35s in 2020.

F-21 jets will not be sold to any other country if we get IAF contract: Lockheed Martin

Vivek Lall, vice president of Strategy and Business Development for Lockheed Martin, says if F-21 wins the contract, then India will also be integrated into the company's global fighter ecosystem.

F-21 will give India 'significant edge' with greater standoff capability: Lockheed Martin

Lockheed Martin during the Aero India show in Bengaluru in February unveiled the F-21 multi-role fighter jet for India, to be produced locally.

US Lockheed Martin unveils new F-21 fighter jet configured for India

The US defence firm had earlier offered its F-16 fighter used by countries around the world for the Indian air force's ongoing competition for 114 planes to be made in India.

Lockheed Martin proposes game changing defense partnership with India

"Lockheed Martin is committed to strategic, long-term international defense partnerships with India. India has a pressing need for advanced, scalable defense capabilities," Vivek Lall, vice president, Aeronautics Strategy and Business Development at Lockheed Martin told PTI.