Exclusive: South Korea nearing decision to buy F-35 fighters
WASHINGTON/SEOUL (Reuters) - South Korea is nearing a decision to buy some Lockheed Martin Corp F-35 fighter jets, but will likely keep its options open for a limited purchase of...
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Lockheed profit tops estimates; raises full-year outlook
WASHINGTON (Reuters) - Lockheed Martin Corp , the No. 1 supplier to the Pentagon, reported on Tuesday higher third-quarter profit despite a 4 percent decline in sales, and lifted its...
Insight: Budget cuts, barriers slow U.S. military space shakeup
WASHINGTON (Reuters) - The U.S. Air Force has talked for years about attracting more companies to the military satellite business to stir competition and cut costs. But progress has been...
Insight: Budget cuts, barriers slow U.S. military space shakeup
WASHINGTON (Reuters) - The U.S. Air Force has talked for years about attracting more companies to the military satellite business to stir competition and cut costs. But progress has been...
Lockheed to lay off 600 workers in mission systems, training
WASHINGTON (Reuters) - Lockheed Martin Corp, the largest U.S. defense contractor, on Wednesday became the latest weapons maker in recent months to announce layoffs, saying it would let go of...
Lockheed to lay off 600 workers in mission systems, training
WASHINGTON (Reuters) - Lockheed Martin Corp, the largest U.S. defense contractor, on Wednesday became the latest weapons maker in recent months to announce layoffs, saying it would let go of...
Lockheed, U.S. Air Force near $2.2 billion satellites deal
WASHINGTON (Reuters) - The U.S. Air Force expects to finalize a $2.2 billion contract with Lockheed Martin Corp for two more advanced military communications satellites in coming weeks, a top...
Defense shares end mixed after Pentagon recalls workers
WASHINGTON (Reuters) - Shares of Lockheed Martin Corp, the Pentagon's biggest supplier, and some other defense companies rallied on Monday after Defense Secretary Chuck Hagel recalled most civilian defense employees...
Pentagon sees decisions on U.S. weather satellite in next months
WASHINGTON (Reuters) - The Pentagon is expected to reach decisions in coming months on how to meet its weather forecasting needs after the 2012 termination of a nearly $15 billion...
U.S. general sees problems, progress in developing Afghan air force
NATIONAL HARBOR, Maryland (Reuters) - The U.S.-led effort to train the Afghan air force faces big challenges ranging from security threats to possible repercussions from a new review of infrastructure...