Tuesday 27 September 2016
 
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Lockheed

Lockheed wins $10bn US defence contract: Pentagon

Lockheed Martin Corp has been awarded a $10 billion contract to support the C-130J aircraft production program, the Pentagon said on Friday. - Reuters

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UAE Space Agency launches professional training

The UAE Space Agency, Abu Dhabi-based Mubadala and Lockheed Martin have launched a space-based workforce training programme that includes classroom training, professional development and mentoring. The Space Fundamentals Training

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Lockheed looking at Iran helicopter market

Lockheed Martin Corp, the largest US arms maker and parent of Sikorsky, has begun to study the possibility of selling commercial helicopters to Iran, but said the market may be small and the company still needed guidance from the US government.

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Lockheed gets $1.5bn deal for C-130J aircraft

Lockheed Martin Corp has won a contract worth $1.5 billion for work on 28 C-130J military transport aircraft funded by the fiscal 2016 defence budget, the Pentagon said on Thursday in its daily digest of major contracts. The contr

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Lockheed aims to build satellites 40pc quicker, lower costs

Lockheed Martin Corp, known for making big, expensive military satellites that take years to complete, is setting ambitious targets for lowering costs, shortening the time it takes to build new satellites, and adopting new technologies.

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US arms makers strive to meet demand as ME conflicts rage

Top US arms makers are straining to meet surging demand for precision missiles and other weapons being used in the US-led fight against Islamic State and other conflicts in the Middle East, according to senior US officials and industry executive

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Lockheed honours UAE cyber security challenge winners

Lockheed Martin, a technology leader, has crowned the United Arab Emirates University's tea, as the winner of its inaugural UAE Cyber Security Challenge, which was held at the Centre for Innovation and Security Solutions, Masdar Institute

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Lockheed honours UAE cyber security challenge winners

Lockheed Martin, a technology leader, has crowned the United Arab Emirates University's tea, as the winner of its inaugural UAE Cyber Security Challenge, which was held at the Centre for Innovation and Security Solutions, Masdar Institute

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Lockheed, United Tech close Sikorsky deal

Lockheed Martin Corp said on Friday it has closed its $9 billion acquisition of Sikorsky Aircraft from United Technologies Corp. According to an SEC filing by Lockheed Martin, the company borrowed $6 billion to partially fund the

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Lockheed plans overhead cuts of 30pc

Lockheed Martin Corp, the Pentagon's No. 1 supplier, has launched a review aimed at cutting corporate overhead costs by as much as 30 per cent, according to two sources familiar with the initiative. Lockheed would already redu

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