Jennifer Whitlow News
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Lockheed Martin Corp. won’t ask the Pentagon to reimburse part of the $3.5 million it is paying the chief operating officer who left last month after it was disclosed he had an extramarital affair with a subordinate.
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Bearish options trading on Lockheed Martin Corp. surged to a record on Nov. 9 hours before the biggest defense contractor said its incoming chief executive officer resigned because of a relationship with a subordinate.
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Lockheed Martin Corp. said its incoming chief executive officer resigned after the company discovered a relationship with a subordinate and named one of its unit heads to the position starting next year.
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Lockheed Martin Corp., the world’s largest defense contractor, said it’s offering a voluntary separation plan to 6,500 employees at its headquarters and corporate service departments.
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Lockheed Martin Corp., the world’s largest defense company, reported first-quarter profit rose 20 percent as Robert Stevens, the chairman and chief executive officer, announced plans to retire.
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BAE Systems Plc’s planned merger with European Aeronautic, Defence & Space Co. would create a force for the pursuit of military exports as western weapons- makers struggle with declining budgets in home markets.
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Lockheed Martin Corp. ’s F-35 Joint Strike Fighter program faces a $1 billion budget cut under a bill to finance government operations that’s advancing toward a Senate vote.
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The U.S. and the United Arab Emirates have signed a deal valued at as much as $3.49 billion for the first international sale of Lockheed Martin Corp.’s newest missile interceptor, according to government officials.
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Goldman Sachs Group, Lockheed Martin Corp. and Boeing Co. gave a total of $1.3 million to the host committees funding the Democratic and Republican conventions four years ago. This time, they aren’t on either party’s donor lists.
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Lockheed Martin Corp. agreed to build 32 Joint Strike Fighters, and absorb some of any cost increases, in a U.S. Defense Department order that may be valued at more than $5 billion.
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