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Lockheed Martin

(Photo Credit: NASA/Getty Images)

Defense Department Awards Lockheed Martin $914M Space Fence Contract

The Space Fence is the U.S. Air Force’s next generation space surveillance system currently being developed by Lockheed Martin.

06/08/2014

Boy Scouts of America. (Photo by Andy Lyons/Getty Images)

Lockheed Martin Halts Boy Scouts Donations Over Gay Ban

Defense and aerospace giant Lockheed Martin, based in Bethesda, is halting its donations to the Boy Scouts of America over the organization’s ban on gays serving as adult leaders.

12/19/2013

Lockheed Martin (credit: Kevin Moloney/Getty Images)

Defense Contractor Lockheed Martin Cutting 4,000 Jobs, Closing Plants

Lockheed Martin is cutting 4,000 jobs, about 3.5 percent of its workforce, as the defense contractor continues to look for ways to lower costs amid reduced government spending.

11/14/2013

(credit: ERIC PIERMONT/AFP/Getty Images)

Lockheed Martin Furloughing 2,400 Workers Due to Shutdown

Lockheed Martin said Monday that it is furloughing about 2,400 workers due to the government shutdown — 20 percent less than the defense contractor had initially planned.

10/07/2013

(credit: ERIC PIERMONT/AFP/Getty Images)

Lockheed Martin Ousts Future CEO Over Relationship With Subordinate

Lockheed Martin Corp. has ousted its president and future CEO over a relationship with a subordinate.

11/13/2012

Artist rendering of Sea Ghost drone. (credit: Lockheed Martin)

Lockheed Martin Unveils Plans For ‘Precision Strike System’ Drone

One of the largest U.S. government defense contractors unveiled its latest “killer” drone plans for the Navy.

08/03/2012

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