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.
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.
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.
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.
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.
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.