Lockheed Martin turns toward space business
Lockheed Martin, a major employer in Cobb County, has turned a great deal of its attention toward matters related to the space business. On November 30 the company announced that…
Lockheed Martin
Lockheed Martin reports decreased earnings compared to third quarter of 2020
Lockheed Martin, which has been a major employer in Cobb County for decades, held its third quarter conference call, and announced a decrease in earnings from this time last year….
Lockheed Martin Q3 earnings webcast this Tuesday Oct 26
Lockheed Martin, the Bethesda-based aerospace and defense contracting firm with a longtime presence in Cobb County, will webcast live its third quarter 2021 earnings results on Tuesday, Oct. 26, 2021,…
Lockheed Martin elects former AT&T Communications CEO John Donovan to its board of directors
Lockheed Martin announced in a press release that its board of directors has elected former AT&T Communications CEO John M. Donovan to the board, effective immediately. AT&T is a wholly…
Lockheed Martin prepares for flight testing of Airborne High Energy Lasers on AC-130Js
Lockheed Martin completed the factory acceptance testing for Airborne High Energy Lasers (AHEL) on AC-130Js in preparation for testing the lasers in flight. “Completion of this milestone is a tremendous…
Lockheed Martin and U.S. Air Force test Rapid Dragon munitions pallets
According to a recent Lockheed Martin press release the U.S. Air Force and Lockheed Martin deployed Rapid Dragon munition pallets from C-17 and EC‑130 aircraft and released surrogate JASSM-ERs in…
Lockheed Martin’s McLean and GTRI’s Hudgens to speak to Cobb Chamber about advanced aeronautics
The Cobb Chamber issued a press release about the speakers at their Marquee Monday luncheon on September 13. Rod McLean of Lockheed Martin and James Hudgens of the Georgia Tech…
Lockheed Martin lands $328 million contract to maintain Indian Air Force C-130Js
Lockheed Martin was awarded a $328 million five-year contract with the Indian Air Force to support the IAF’s fleet of 12 C-130J-30 Super Hercules Aircraft. The C-130 series is built…
What does Lockheed Martin’s transfer of pension obligations mean?
Lockheed Martin announced in a press release on August 3 that they were transferring $4.9 billion in pension obligations and plan assets for approximately 18,000 U.S. retirees and beneficiaries to…
Lockheed Martin transfers $4.9 billion in pension obligations to Athene Holdings
Lockheed Martin, a major employer in Cobb County, announced in a press release that they have purchased $4.9 billion in group annuity contracts from Athene Holdings “a leading financial services…