Search Results for: Lockheed

NASA has selected Lockheed Martin to build the first rocket to be fired on another planet for the Mars Sample Return Program.

The agency contends the defense contractor could use its position to harm its rivals.

Contract work will be performed at Lockheed Martin’s Marietta, Georgia facility, which the company said will also be one of the locations selected for LMXT tanker production.

Lockheed Martin (NYSE:LMT) CEO Jim Taiclet told investors Tuesday during his company’s fourth-quarter earnings call that the Federal Trade Commission (FTC) has filed a lawsuit to block Lockheed’s $4.4 billion acquisition of Aerojet Rocketdyne (NYSE:AJRD), a manufacturer of rocket engines and spacecraft propulsion. The FTC alleges that if the deal is allowed to proceed, Lockheed […]

Virginia-based startup Electra.aero says it has secured a key investment from Lockheed Martin as it seeks to develop a hybrid electric, ultra-short takeoff and landing (eSTOL) aircraft.

Company is set to take over 650,000 square feet of office space in the Denver South business community.

NASA yesterday chose Lockheed Martin Aeronautics Skunk Works in Palmdale to build the next X-plane to serve as a low-sonic boom demonstrator test vehicle. The Skunk Works facility is where aircraft such as the famous Blackbird, the U-2 and the F-117 first took shape. The contract translates into $247.5 million for Lockheed to build the […]

About 70 mechanics at the Auburn-Lewiston Municipal Airport in Auburn, Maine, will soon be out of a job. The mechanics were hired to work on a major restoration project of a Lockheed L-1649A Constellation Starliner named Super Star, which has been in progress for more than a decade. But Lufthansa Super Star gGmbH, which is […]

Supersonic bizjet developer Aerion is continuing its strategy of teaming up with the experts in the industry as it progresses through the development of what could become the world’s first supersonic business jet, the Aerion AS2. The company signed a memorandum of understanding (MOU) with military and space-transport giant Lockheed Martin to explore the possibility […]

Most U.S. pilots know there’s an FAR restricting a civil aircraft from exceeding the speed of sound over land thanks to the annoying boom that people on the ground experience when one flies nearby. Over the next few months, NASA believes successful wind-tunnel testing of a 9 percent scale model of Lockheed Martin’s X-plane, at […]