Our Lockheed Martin coverage tracks the latest endeavors and achievements of one of the world's foremost aerospace, defense, security, and advanced technologies companies. With detailed reporting on their innovative projects, strategic partnerships, and key role in defense and space exploration, we provide a critical lens on Lockheed Martin's impact on global defense and technological advancement.
Atlanta Journal-Constitution
• The Associated Press
Atlanta Journal-Constitution reports: STRATFORD, Conn. (AP) — Two Lockheed Martin subsidiaries have agreed to pay the federal government $70 million for overcharging the Navy for aircraft parts, the U.S.
China's foreign ministry announced sanctions on Lockheed Martin Corp subsidiaries and senior executives, including Chairman James Taiclet, due to U.S. arms sales to Taiwan. These sanctions include freezing assets and barring entry to China.
Honeywell International has announced a $2 billion all-cash deal to acquire aerospace and defense technology company CAES Systems from Advent International, marking its second significant acquisition in recent months.
Lockheed Martin will develop and build up to seven Geostationary Extended Observations weather satellites for the NOAA, enhancing critical measurements and weather forecasting capabilities.
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