As part of the transaction's approval, Aerojet Rocketdyne's shareholders will receive a special pre-closing dividend of $5 per share in common stock and convertible senior notes in March 2021, which, unless revoked, is expected to reduce the transaction's purchase price to $51 per share.
Lockheed Martin has won a 10-year, $900 billion contract involving a variety of services in support of F-16 aircraft, the defense contractor announced Friday.
Lockheed Martin Corp. reported better-than-expected results that were boosted by its F-35 fighter jet and raised its outlook for the rest of the year.
White House adviser Ivanka Trump and Commerce Secretary Wilbur Ross will present the inaugural Pledge to America’s Workers Presidential Awards on Wednesday.
Raytheon said it achieved a record backlog of $73.1 billion from its defense business in the second quarter, pointing to strong demand from the U.S. government and international customers.
China will put sanctions on Lockheed Martin for involvement in the latest U.S. arms sale to Chinese-claimed Taiwan, China said on Tuesday, adding tension to its troubled relationship with the United States.
A SpaceX Falcon 9 rocket delivered a Space Force Global Positioning System satellite into orbit Tuesday.
The new planes will be able to carry a bigger payload as well as travel farther and faster than the current fleet
Here are the highest paid male and female CEOs from 2019.
The defense sector has continued to operate through coronavirus-driven shelter-in-place restrictions, deemed an essential sector.
Additionally, Lockheed Martin is looking to fill another 5,000 open positions.
5 things you should know about Lockheed Martin's new president & CEO James Taiclet
Lockheed Martin Corp said on Monday Marillyn Hewson will step down as chief executive officer, effective June 15.
Work at the F-35 fighter-jet factory in Japan has paused for a week due to concerns over the coronavirus outbreak, a U.S. defense official said on Wednesday.
Sikorsky will begin deliveries of six VH-92A helicopters in 2022
The advanced fighters are to replace some of the Soviet-made MiG-29 jet fighters that Poland's air force still uses. Poland is the 10th NATO nation to have the F-35 fighters.
Lockheed Martin reported full-year 2019 sales and earnings that were ahead of expectations.
The aircraft is used for critical life-saving missions, as well as the transportation of VIPs.
Lockheed Martin has secured a $1.9 billion contract to support operations and sustainment of its global F-35 fleet.
Lockheed Martin Corp. has been awarded a $7 billion U.S. Air Force contract modification for F-22 air vehicle sustainment.