Lockheed Martin's Skunk Works undertakes to build a successor to the SR-71 Blackbird capable of mach 6 speed flight by 2030.
Sources: Fox News
Sources: Fox News
Boeing loses a case in Copenhagen city court against the Danish Ministry of Defense over access to documents used in the purchase of Lockheed Martin F-35 Lightning II fighters in preference over Boeing F-A 18 Super Hornets. Boeing argued the evaluation process used in the purchase had been "flawed".
Lockheed Martin vice president of air and missile defense Mike Trotsky tells the National Press Club in Washington, D.C., that the United States and South Korea are holding both formal and informal discussions on THAAD (Terminal High Altitude Area Defense System) deployment. South Korea's Defense Ministry and the U.S. Department of Defense deny the report.
Northrop Grumman, the developer of the Air Force's current bomber, the B-2, beats out the Boeing-Lockheed Martin team and is awarded the Pentagon contract to build a fleet of stealthy planes known as the Long Range Strike Bomber (LRS-B).
The United States is reportedly blocking a $400 million plan by South Korea to sell KAI T-50 Golden Eagle trainer jets, co-developed in 2006 with Lockheed Martin, to Uzbekistan, according to "The Korea Times". The aircraft uses Lockheed Martin technologies -- including avionics -- and as such requires permission under the U.S. Arms Export Control Act for its sale to other countries.
Lockheed Martin embarks on corporate overhead cost cutting reviews, another initiative following business selloffs and personnel layoffs. In the face of U.S. budget constraints, Lockheed’s actions are in step with those of other major U.S. defense contractors.
NASA and Lockheed Martin unveil the first space-bound Orion spacecraft in Cape Canaveral. [http:--www.floridatoday.com-article-20120702-SPACE-120702005-orion-delta-iv-4-spacecraft-kennedy-space-center?nclick_check=1 (Florida Today)]date=May 2020