Virtual Goods Mean Real Money for USO Nov 11, 2009
The USO is also supported by Worldwide Strategic Partners AT, BAE Systems, The Boeing Company, Clear Channel Communications, The Coca-Cola Company, Gallery Furniture, Lockheed Martin, Microsoft Corporation, Northrop Grumman Corporation, S es Co. and TriWest Healthcare Alliance. Other corporate donors, including the United Way and Combined Federal Campaign (CFC-11381), have joined millions of individual donors to support the USO. For more information, please visit. (Yahoo! Wire -- Entertainment News)
Though not illegal, appropriations raise questions Nov 10, 2009
Lockheed Martin Corp.: $3 million for a counter-sniper system ... Lockheed Martin Corp.: $3 million for a counter-sniper system. (Honolulu Star-Bulletin)
Inouye's earmarks go to his donors Nov 10, 2009
An additional $33 million is intended for larger, more well-known companies, such as Boeing and Lockheed Martin, whose political action committees have contributed $114,000 to Inouye's political war chest since 1997 ... An additional $33 million is intended for larger, more well-known companies, such as Boeing and Lockheed Martin, whose political action committees have contributed $114,000 to Inouye's political war chest since 1997. (Honolulu Star-Bulletin)
ZyLab appoints new CEO Nov 10, 2009
ZyLab provides information access solutions to a mix of commercial and government clients, including the FBI, SEC, American Express, and Lockheed Martin. Varkevisser was formerly an industry expert with Waterland Private Equity Investments and was also interim CEO of Fa-med, one of its portfolio companies. (Washington Business Journal, DC)
Point Park brings MBA program to workplaces Nov 10, 2009
Since 1996, Carnegie Mellon University s Tepper School of Business has used video conferencing to offer MBA classes direct to employees of such out-of-state companies as Lockheed Martin, Cisco Systems and Goldman Sachs, said Susan Rostek, the university s associate director for distance education. With two courses per mini-semester, students complete the program in two-and-a-half to three years. (Pittsburgh Business Times, PA)
Nelson offers insight on space Nov 9, 2009
On NASA funding, Nelson said the panel chaired by former Lockheed Martin executive Norman Augustine laid out a plan to boost NASA funding by an extra $1 billion next year, $2 billion the next year and $3 billion by 2013. "The additional funding is easy to get this year by getting the extra billion dollars from unused stimulus funds," Nelson said. (Florida Today)
* US foreign policy is straight out of the mafia: Noam Chomsky Nov 8, 2009
Half a century later, corporations like Lockheed Martin and Exxon Mobil are doing fine, he says: The US one-sided role in the Middle East isnt harming their interests, whatever risks it might bring for anyone else. Chomsky is sometimes criticized on the left for encouraging pessimism or inaction by emphasizing the overwhelming weight of US power X or for failing to connect his own activism with labor or social movements on the ground. (Taipei Times, Taiwan -- Sports)
US foreign arms sales hit annual record of $38.1 billion Nov 8, 2009
Top US arms makers such as Lockheed Martin Corp, Boeing Co, Northrop Grumman Corp, General Dynamics Corp and Raytheon Co are looking to boost overseas sales to help hedge against Pentagon belt-tightening at home on big-ticket arms programs. The top purchasing countries in 2009 were United Arab Emirates ($7. (Business Report, South Africa)
Census Bureau data-capture center to open Nov 7, 2009
Census Bureau, Lockheed Martin to open data-capture center in Phoenix - Phoenix Business Journal ... Census Bureau, Lockheed Martin to open data-capture center in Phoenix. (Phoenix Business Journal, AZ)
Photo Release -- Second Northrop Grumman-built National Security Cutter Waesche (WMSL 751) Delivered to U.S. Coast Guard Nov 7, 2009
Northrop Grumman Shipbuilding is responsible for the construction and testing of the National Security Cutter (NSC)'s hull, mechanical, and electrical systems, while Lockheed Martin is building and integrating the command, control, communications, computers, intelligence, surveillance, and reconnaissance (C4ISR) capabilities onboard the cutters. "Thank you to the skilled craftsmen here at the shipyard and elsewhere for building such a fine ship," said U.S. Coast Guard Rear Adm. (Primezone Releases)
The corporate takeover of U.S. intelligence Nov 7, 2009
When the National Geospatial-Intelligence Agency was created in 1995 as the primary collection agency for imagery and mapping, for example, it immediately began buying its software and much of its satellite imagery from commercial vendors; today, half of its 14,000 workers are full-time equivalent contractors who work inside NGA facilities but collect their paychecks from companies like Booz Allen Hamilton and Lockheed Martin ... Based on publicly available information, including filings from... (Salon)
South Africa cancels Airbus deal Nov 6, 2009
The project was launched in 2003 as a replacement for the main Nato military transport aircraft, the US-built Lockheed Martin Hercules. Bookmark with. (BBC News -- Business)
Factory orders pick up in September Nov 4, 2009
Tom Pennington / APF-35 Lightning II assembly line workers Virginia Boyd, top,and Johnney Watson work on a cockpit Aug. 31 at Lockheed Martin Aeronautics Company in Fort Worth, Texas. The Commerce Department said Tuesday that orders to U.S. factories rose 0. (MSNBC -- Business)
The Clinton Foundation's donors Nov 4, 2009
Lockheed Martin Corporation Foundation. $20,000. (Salon)
Firms that donate to Inouye receive earmarks Nov 3, 2009
Another $33 million is intended for larger, more well-known companies, such as Boeing and Lockheed Martin, whose political action committees have contributed $114,000 to Inouye's political war chest since 1997. Such contributions are not illegal or uncommon. (San Francisco Chronicle -- Politics)
Lockheed Martin donates to needy famlies for the holiday Nov 2, 2009
UPPER MERION - For two decades Lockheed Martin Company's "Friends Christmas" program has helped make needy families' Christmas wishes come true ... Lockheed Martin Company is a leading defense contractor. (King of Prussia Courier, PA)
Psychic computer that can read minds Nov 2, 2009
In US, security agencies are researching the use of brain scanners for interrogating prisoners, and Lockheed Martin, the US defence contractor, is reported to have studied the possibility of scanning brains at a distance. This would allow an individuals thoughts and anxieties to be examined without their knowledge in sensitive locations such as airports. (India Times, India -- Health/Science)
Bargain Stocks Are Everywhere Nov 1, 2009
Lockheed Martin (NYSE: LMT) ... Think about that, then look at a company like Lockheed Martin -- where 84% of revenue comes from the federal government -- trading at under 10 times earnings, and smile. (MSNBC -- Business)
Stimulus grants boost Colo. employment Oct 31, 2009
The money is an infusion from NASA to keep Lockheed Martin Space System s work on the Orion space capsule the replacement craft for the space shuttle from being delayed by slowdowns in normally budgeted funding for the project. Most Read Stories. (Denver Business Journal, CO)
Young: Alaska not getting F-35s Oct 31, 2009
The single-seat F-35, built by Lockheed Martin, will be used by several U.S. military services in a variety of missions, including air-to-air combat and ground attacks. Share this page. (Juneau Empire)
APS to invest $500 million in solar-power projects Oct 30, 2009
CEO Don Brandt was asked during a conference call with investors about the recent cancellation of a major solar plant in Arizona that Lockheed Martin Corp. planned to build. "We have a number of plans to backfill that," Brandt said. (AZCentral -- Business)
Boeing's C-17: The Pork Plane Oct 30, 2009
The Administration has pared billions from the budget for the Lockheed Martin () F-22 fighter, a super-sophisticated plane conceived in the 1980s for dogfights against Moscow's best. The Pentagon has also reined in a sprawling high-tech infantry project called Future Combat Systems that Boeing () oversees. (BusinessWeek)
JIA Considered For Air Force Fighters Oct 30, 2009
Department of Defense PhotoThe Lockheed Martin F-35 Lightning II is a fifth-generation, single-seat, single-engine, stealth-capable fighter, that can perform close air support, tactical bombing, and air defense missions. JACKSONVILLE, Fla. (News4Jax.com, FL)
NASA rocket launch advances Moon mission dream Oct 29, 2009
A commission, chaired by Norman Augustine, a former executive at aerospace giant Lockheed Martin, concluded that the program "appears to be on an unsustainable trajectory" and was seeking goals not matched by its resources. The Ares rocket has suffered major development problems and its price tag has fueled criticism of NASA, an agency notorious for its cost overruns. (Yahoo! Asia News)
Frisco ISD Honored with Workforce Catalyst Award Oct 29, 2009
Lockheed Martin Missiles and Fire Control received local employment growth by number award. Omni Hotels was awarded the local employment growth by percentage. (McKinney Courier-Gazette, TX)
NASA's Ares I-X Rocket Completes Successful Flight Test Oct 29, 2009
supported by Lockheed Martin of Denver, provided the avionics systems. United Space Alliance of Houston and ATK Launch Systems support the ground systems and launch operations. (Science Daily)
NASA ARC Evolution of Astrobiology Lecture Oct 29, 2009
and Lockheed Martin Corporation, Sunnyvale. Calif. (NASA Watch)
Does the Final Frontier Have a Future? Debating America's Next Steps in Human Space Flight Oct 29, 2009
Featured panelists will include Scott "Doc" Horowitz, former NASA astronaut and president and CEO of Doc's Aerospace; Ken Reightler, former NASA astronaut and vice president, NASA program integration, Lockheed Martin Corporation; Mike Kahn, executive vice president, ATK space systems; Mike Gold, director of the Washington, D.C. office of Bigelow Aerospace; and Larry Williams, vice president, strategic relations, Space Exploration Technologies (SpaceX). The afternoon's second panel, "Heavy Lift... (NASA Watch)
We Need Both Oct 29, 2009
That s High Noon, that s Gary Cooper, says Beesley, 59, a grandfather of 16 and a former Air Force fighter pilot who now test flies experimental and prototype fighter-aircraft for Lockheed Martin ... Take America s hottest new fighter aircraft programs: Lockheed Martin s F-22 Raptor, a now 10-year-old super-stealthy air-supremacy fighter designed to replace the F-15 Eagle; and the not-yet-operational also-stealthy Lockheed Martin F-35 Lightning II. Both fifth-generation fighters. (Human Events Online)
The Ares Liftoff: Learning from Space Shuttle Mistakes Oct 29, 2009
The committee, headed by Norman Augustine, retired chairman and CEO of Lockheed Martin Corp., concluded that NASA needs another $3 billion a year to pursue meaningful human space exploration beyond low Earth orbit. Facing a $1. (Time.com)
8 U.S. troops die; October is deadliest month of war Oct 28, 2009
The trio was employed under a Lockheed Martin contract for "counter-narcoterrorism" operations, said Thomas Casey, a spokesman for Lockheed Martin Corp. He said the pilot and co-pilot worked for a company called Avenge Inc., while the technician was employed by a contractor called Sierra Nevada Corp.. The Army C-12 Huron twin-engine turboprop went down Oct. 13 while on a routine mission. (The Pantagraph newspaper)
$1B Aegis missile defense upgrade deal awarded Oct 28, 2009
Lockheed Martin Corp will furnish a wide range of ongoing development support for the Aegis ballistic missile defense weapon system under a contract valued at $1 billion. Under the contract, Lockheed Martin will design, integrate, test and install further Aegis BMD capability for U.S. and allied navies, company officials said yesterday ... The project will continue the spiral development of Aegis BMD and also increase the number of BMD-capable ships at sea by tying together the missile defense... (FCW.com)
U.S., Japan to again test missile intercept Oct 28, 2009
Lockheed Martin received a $40 ... Lockheed Martin received a $40. (Honolulu Star-Bulletin)
N.M. spaceport will open 'hardhat tours' Oct 28, 2009
Spaceport officials have been working with leading aerospace firms such as Virgin Galactic, Lockheed Martin, Moog-FTS, UP Aerospace, and Armadillo Aerospace to develop commercial spaceflight at the southern New Mexico site. The 10,000-foot long runway is expected to be complete by next summer. (Atlanta Journal-Constitution -- Travel)
8 U.S. troops killed in Afghan blasts Oct 28, 2009
Thomas Casey, a spokesman for Lockheed Martin Corp., confirmed that the three dead men a pilot, co-pilot and technician were American citizens working for Lockheed Martin subcontractors. They were employed under a Lockheed Martin contract for "counter-narcoterrorism" operations, Casey said. (MSNBC -- International)
Japanese destroyer intercepts test missile off Kauai Oct 28, 2009
Tuesday, October 27, 2009. Give us YOUR Weekly Opinion. (Honolulu Star-Bulletin)
Harris Corporation Reports First Quarter Results; Fiscal 2010 Guidance Increased on Strong Orders for Tactical Radios Oct 28, 2009
"We also received orders associated with the MRAP-ATV (mine resistant ambush protected all-terrain vehicle) program and are expecting significant additional orders in the second quarter."We have significantly increased our full-year fiscal 2010 guidance to reflect much higher than expected tactical radio orders from the U.S. Department of Defense and the positive impact on expected revenue and earnings," Lance said.Increased Earnings GuidanceThe company has revised its guidance for non-GAAP... (Yahoo! Wire -- Entertainment News)
Iridium Announces Goldman Sachs as Lead Financing Advisor Oct 28, 2009
Lockheed Martin and Thales Alenia Space are competing to secure the prime contract for the development of Iridium NEXT.. "Our business performance, including our recent announcement of our entry into the Mexican market, supports our confidence that a substantial portion of the cost of our next generation of satellites will be funded from internally generated cash flow," said Iridium CEO Matt Desch. (Primezone Releases)
NASA counts down for Mars rocket test Oct 27, 2009
The panel chaired by Norman Augustine, a former executive at aerospace giant Lockheed Martin, concluded that the US human space flight program "appears to be on an unsustainable trajectory" and was seeking to achieve goals not matched by resources. The Ares rocket has suffered major development problems, and its hefty price tag has fueled criticism of NASA, an agency notorious for its cost overruns. (Sydney Morning Herald -- World)
Talking Business: Produce stand opens near future SuperCenter Oct 27, 2009
Dale Duman is a retired Lockheed Martin engineer, Anne Duman works in the computer service department for The Oregonian newspaper in Portland, and the Nelsons were property managers in Oregon. Chris Nelson has also worked in grocery distribution. (Longview Daily News, WA)
My View: Chromium 6 still threatens California's drinking water Oct 26, 2009
In Burbank, contamination by Lockheed Martin affected thousands, and in Riverside, TXI Corp's cement kiln contaminated the soil. Even Disney is responsible for chromium contamination in the San Fernando Valley. (Sacramento Bee -- Opinion)
Man takes on cancer with BMX Oct 26, 2009
At the age of 50, David Capell took up BMX bicycle racing as a means to bond with his two young sons. Now, the Martinez resident trains and races to help in his battle with prostate cancer. (The Augusta Chronicle)
So who's in charge? Oct 25, 2009
Lockheed Martin sorts your mail, tallies up your taxes, cuts social security checks, counts people for the US census, runs space flights, and monitors air traffic. In fact, in this new world, she writes, the private sector increasingly handles the everyday business of governing. (Boston Globe)
David Almgren, specialist in thermodynamic design Oct 24, 2009
In the 2000s, he was a contractor to Lockheed Martin in conjunction with MIT s Lincoln Laboratory, where he worked on the Mars probe. Dr. Almgren was a scuba diver and a member of the New England Aquarium, and would often go on fish collecting trips for the aquarium to such tropical places as the Philippines, the Bahamas, and Fiji. (Boston Globe)
Poland, Spain Up in Arms Over Loss of Iraq Contract Oct 24, 2009
5-billion deal that Poland inked to buy 48 F-16s from the U.S. firm Lockheed Martin. Contract experts, while not commenting specifically on Nour USA's bid, said an unusually low bid can sometimes be a sign of low-balling -- when a bidder submits a money-losing proposal to win the contract in the hopes of convincing the government to increase payments once the deal has been signed. (Yahoo News -- Poland)
Alaska lawmakers pitch Eielson as F-35 base Oct 24, 2009
The single-seat F-35, built by Lockheed Martin, will be used by several U.S. military services in a variety of missions, including air-to-air combat and ground attacks. The Air Force has said it will evaluate more than 200 sites for their suitability to base F-35s under criteria that include airspace, flight training ranges, weather, support facilities, runways, environmental concerns and costs. (Anchorage Daily News)
Will Lockheed face defense cuts? Oct 24, 2009
ATLANTA: Lockheed Martin Corp is finding out that being the biggest player in an industry can have its disadvantages ... "Sentiment for defense names is poor, but I think that Lockheed Martin is the best positioned of the large-cap names," McCarthy said ... Lockheed Martin Corp is finding out that being the biggest player in an industry can have its disadvantages. (India Times)
50-mph warships being tested by Navy Oct 23, 2009
Lockheed Martin Corp. is leading the team that built Freedom in Marinette, Wis ... The Navy plans to select Lockheed Martin or General Dynamics, but not both, as the builder. (MSNBC -- Terrorism)
Army places new orders for standards-based RFID tags Oct 23, 2009
is a unit of Lockheed Martin Corp., of Bethesda, Md. About the Author. (FCW.com)
Alabama-Built Warship Tops Out at More Than 50 Mph Oct 23, 2009
The competing ship, Freedom, features a more traditional hull and was built by a team led by Lockheed Martin. It will go into service next year. (Newsmax)
Panel supports commercial space Oct 23, 2009
"We think this is a time to create a market for commercial firms to transport both cargo and humans between the Earth and low-Earth orbit," said Norm Augustine, the panel chairman and a former CEO of Lockheed Martin. "While that is certainly not simple, it is much easier than going to Mars. We think Nasa would be better served to spend its money and its ability - which is immense - focusing on going beyond low-Earth orbit rather than running a trucking service to low-Earth orbit (LEO).". (BBC News -- Americas)
Savi to furnish supply-tracking technology to DOD Oct 23, 2009
is a unit of Lockheed Martin Corp. The parent company ranks on Washington Technologys 2009 of the largest federal government prime contractors. About the Author. (FCW.com)
Still hard to tell just how many jobs the stimulus has created Oct 23, 2009
Big win: Lockheed Martin Corp. $8. 12 million to develop Ocean Thermal Energy Conversion technology. (Washington Business Journal, DC)
Lockheed-Moorestown unit gets $1B contract Oct 23, 2009
Lockheed Martin Moorestown unit gets $1B missile defense contract - Philadelphia Business Journal ... Lockheed Martin Moorestown unit gets $1B missile defense contract ... Lockheed Martin Maritime Systems and Sensors in Moorestown, N.J., has been awarded a contract worth slightly more than $1 billion to continue work on the Aegis Ballistic Missile Defense Combat System and the Aegis Ballistic Missile Defense Weapon System on cruisers and destroyers. (Philadelphia Business Journal, PA)
Senate OKs JSF engine funding Oct 23, 2009
The aircraft itself is being built by Lockheed Martin. GE Aviation and Rolls-Royce had said earlier that the F136 engine will be ready for sale by 2012. (Cincinnati Business Courier, OH)
B-CU to add 2 buildings Oct 22, 2009
facility of Lockheed Martin Aeronautics Co. Rhyant graduated from B-CU in 1972. The university is also honoring John and Lee Bryan, longtime supporters, as grand marshals at Saturday's homecoming parade. (Daytona Beach News Journal)
Exporters to China, India rebounding faster Oct 21, 2009
LOCKHEED MARTIN CORP.: Earnings rose nearly 8 percent to $797 million, or $2. 07 per share, compared with $782 million, or $1. (The Augusta Chronicle)
Space Systems sales boost Lockheed Martin Oct 21, 2009
Space Systems sales help boost Lockheed Martin earnings - Denver Business Journal ... Space Systems sales help boost Lockheed Martin earnings ... Jefferson County-based Space Systems scored Lockheed Martin's best percentage sales gain in the quarter, increasing 8. (Denver Business Journal, CO)
Lockheed Martin earnings up 2% Oct 21, 2009
Lockheed Martin recorded a net increase of $96 million in net earnings for the first three quarters of 2008 from pension investment gains. Lockheed Martin raised its earnings per share estimate for 2009 to between $7 ... Shares of Lockheed Martin (NYSE: LMT) reacted negatively to the news, falling $3. (New Mexico Business Weekly, NM)
Rocket to Blast Up, Out in Test Oct 21, 2009
Led by former Lockheed Martin CEO Norman Augustine, the committee is due to release a report Thursday that details several options for President Barack Obama's consideration, some of which do not include the Ares I rocket at all. Historic, spectacular rollout. (Fox News)
The ACORN Standard Oct 20, 2009
Take the case of the top three war contractors, Lockheed Martin, Boeing and Northrop Grumman. These companies have engaged in 108 instances of misconduct since 1995 and have paid fines or settlements totaling nearly $3 billion. (CBS News -- Opinion)
NASA delays Nov. shuttle launch for test flight Oct 20, 2009
Lockheed Martin launches test flight in New Mexico. Officials say Lockheed Martin successfully launched a test flight vehicle over the weekend at New Mexico's spaceport ... Spaceport officials say the brief flight Saturday was not publicized in advance because Lockheed Martin is testing "proprietary advanced launch technologies.". (Fresno Bee -- Nation)
Roll-out for Nasa's test rocket Oct 20, 2009
Led by former Lockheed Martin CEO Norm Augustine, the advisory group has suggested a range of options for getting astronauts into space - most of which do not require the new stick-like Ares launcher. The committee is expected to deliver its final report to the White House this week. (BBC News -- Americas)
Stock futures signal gains as Apple, TI please Oct 20, 2009
Investors were bracing for a flurry or corporate results on Tuesday, with earnings due from companies such as Pfizer (PFE.N), The Coca-Cola Co (KO.N), Caterpillar (CAT.N), State Street Corp (STT.N), DuPont (DD.N), BNY Mellon (BK.N), Yahoo (YHOO.O), Biogen Idec (BBIB.O), Lockheed Martin (LMT.N) and United Tech (UTX.N). Energy stocks will be in the spotlight after U.S. crude futures rallied to a one-year high above 80 a barrel on Tuesday, lifted in part by a slump in the dollar to a 14-month low... (Yahoo News -- Press Releases)
Bell Helicopter sued in $3.6M dispute Oct 20, 2009
"It is Lockheed Martin's policy not to comment on pending litigation, but we do plan to pursue this action vigorously in court," said Heather Kelly, a company spokeswoman, in a statement e-mailed to the Dallas Business Journal ... These requests were communicated to Lockheed Martin with no reference to any specific failure of (the weapons-tracking system) to meet performance requirements, Lockheed s suit says. (Dallas Business Journal, TX)
