The Federal Trade Commission is suing to stop the planned Lockheed Martin/Aerojet Rocketdyne merger, saying the deal would give Lockheed Martin unfair advantages while harming competition and innovation. Lockheed Martin has 30 days to decide whether to defend the merger in court or drop the ...
Chronically high operating costs might be tamed with a new deal. A new sustainment contract between the F-35 Joint Program Office (JPO) and Lockheed Martin, inked in September, will give the company a chance to bring down operating costs over the next three years.
The Airborne High Energy Laser (AHEL) has been in development at Lockheed Martin since at least 2019, when the company received a contract for integration, testing, and demonstration of such a weapon on the AC-130J aircraft.
Lockheed Martin plans to enter the Advanced Tactical Trainer fray to supply the Air Force with a new jet to bridge undergraduate flight instruction and fighter training units, but the company declined to say whether it will offer a T-50A derivative, a different non-developmental airplane, ...