LOCKHEED MARTIN CORPORATION

LOCKHEED MARTIN CORPORATION

• Albania improves air traffic control system

  Albania's Transport Ministry says that the U.S. aerospace company Lockheed Martin has completed the modernization of this nation's air control system ... 

• UK reverses decision on US fighter jet deal

  Britain's defense secretary is ditching proposals to buy a particular type of F-35 Joint Strike Fighter — reverting to an original plan previously ... 

• Australia delays delivery of 12 F-35 fighters

  Australia announced on Thursday that to cut costs it is pushing back delivery of most of the F-35 Joint Strike Fighters it plans to buy from the ... 

• With shuttle's end, space firms seek new direction

  Less than a year after NASA ended its shuttle program, players in America's space business are casting around for new direction. United Technologies ... 

• Home sales bump, earnings send stock market higher

  On a day that brought both good and bad news about the U.S. economy, investors chose to see the glass as half-full. U.S. stocks edged higher Thursday, ... 

• Lockheed Martin CEO Stevens plans to retire

  Lockheed Martin Corp. says CEO Bob Stevens plans to step down and president and chief operating officer Chris Kubasik will take the role at the start ... 

• Striking Lockheed Martin workers picket in Texas

  Unhappy with proposed changes to health care benefits and pension plans, dozens of Lockheed Martin workers started picketing Monday at a North Texas ... 

• Rocket with secret payload launches from US coast

  A rocket carrying a top-secret payload blasted off Tuesday from the California coast. The Delta IV rocket lifted off at 4:12 p.m. from the Vandenberg ... 

• Panetta: War strategy can't be guided by polls

  The war in Afghanistan can't be determined by polls, Defense Secretary Leon Panetta said Tuesday, asserting that the U.S. must continue with its ... 

• Finland to buy air-to-surface US cruise missiles

  Finland's Defense Ministry says it has approved the purchase of air-to-surface cruise missiles from U.S. aerospace and defense contractor Lockheed ... 

• Think tank: Sales-growth for arms vendors slows

  A peace research group says the sales growth for the world's 100 largest arms producers slowed down to 1 percent in 2010 as foreign forces were ... 

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  Struggling in US, F-35 fighter pushes sales abroad

  Detractors say the F-35 stealth fighter, the costliest military plane ever, is destined to go down as one of the biggest follies in aviation history. 

• Germany: Impounded Patriot missiles were legit

  A shipment of 69 surface-to-air missiles impounded by Finnish authorities was a legitimate delivery from Germany to South Korea, a German official ... 

• Siemens hires former US top Gen. McChrystal

  German industrial giant Siemens AG says it has hired the former top American commander in Afghanistan Gen. Stanley McChrystal as chairman of a new ... 

• Iran says it shot down unmanned US spy plane

  Iran's armed forces have shot down an unmanned U.S. spy plane that violated Iranian airspace along the country's eastern border, the official IRNA ...