Lockheed Martin LMT-0.97%decrease; down pointing triangle has signed a deal to acquire the defense company Ultra Maritime for $3.45 billion from private equity firm Advent International. The aerospace ...

CNBC previously reported that Lockheed Martin was leading the race to purchase Ultra. Ultra is owned by private equity firm Advent International, and specializes in anti-submarine technology. Defense ...

The Pentagon has awarded Lockheed Martin a seven-year contract worth up to $35 billion to churn out hundreds of Terminal High Altitude Area Defense (THAAD) interceptors a year, in an effort to ...

Add Yahoo as a preferred source to see more of our stories on Google. The Pentagon has awarded Lockheed Martin a seven-year contract worth up to $35 billion to churn out hundreds of Terminal High ...

A THAAD interceptor is launched from the Reagan Test Site, Kwajalein Atoll in the Republic of the Marshall Islands, during Flight Test THAAD-23, August 2019. (U.S. Missile Defense Agency) Lockheed ...

Lockheed Martin (LMT) said it developed a hypersonic glide body designed to provide a longer-range strike capability while reducing manufacturing costs and supporting larger-scale production, as the U ...

The aerospace defense manufacturing complex has generated an estimated $4.5 billion in annual economic contribution to Georgia. The C-130 was brought to Lockheed Martin to celebrate the 75th ...

DETROIT, June 16 (Reuters) - General Motors (GM.N), opens new tab and defense company Lockheed Martin (LMT.N), opens new tab are collaborating on projects to strengthen the U.S. manufacturing and ...

Lockheed Martin celebrated the opening of its 88,000-square foot Missile Assembly Building 5 facility in Courtland on Monday. The state-of-the-art plant will produce the Next Generation Interceptor ...

The AC-130 gunship became one of America’s most feared military aircraft by combining massive airborne firepower with devastating nighttime combat capability. Armed with enormous cannons including the ...

A top U.S. defense contractor pulled back the curtain on next-generation AI-powered systems designed to hunt down and destroy swarms of enemy drones as the U.S. rapidly expands its next-generation ...

Tim Cahill, president of Missiles and Fire Control for Lockheed Martin, discusses the company's expansion at its Troy, Alabama facility to add 87,000 square feet of new production space to ramp up ...