lockheed martin corp (LMT) Key Developments
Lockheed Martin's Legion Pod Completes its First Flight Test
Jun 30 15
Lockheed Martin's Legion Pod recently completed its first flight test, successfully tracking multiple airborne targets while flying on an F-16 in Fort Worth, Texas. Legion Pod was integrated onto the F-16 without making any hardware or software changes to the aircraft. Additional flight tests on the F-16 and F-15C will continue throughout the year. Equipped with an IRST21 infrared sensor and advanced networking and data processing technology, Legion Pod provides high-fidelity detection and tracking of airborne targets. It also accommodates additional sensors without costly system or aircraft modifications. Legion Pod is available to meet the requirements of the U.S. Air Force F-15C infrared search and track program of record, which include long-range detection and tracking in a wide field of view. Its flexible design and open systems architecture enable Legion Pod to offer a variety of capabilities for other fighter and non-fighter aircraft.
Lockheed Martin Announces Addition of MUOS-4 to Orbiting Satellites Network
Jun 29 15
Lockheed Martin announced that MUOS-4 is the latest addition to a network of orbiting satellites and relay ground stations that is revolutionizing secure communications for mobile military forces. Users with operational MUOS terminals can seamlessly connect beyond line-of-sight around the globe. MUOS' new smart phone-like capabilities include simultaneous crystal-clear voice, and video and mission data, on a high-speed Internet Protocol-based system. Traditional UHF satellite communication systems allow users to 'talk' as long as they are geographically close enough to be under the coverage footprint of the same satellite. MUOS-4 was shipped from nearby Moffett Federal Airfield, where the 60th Air Mobility Wing of Travis Air Force Base loaded the satellite aboard a C-5 Galaxy aircraft for delivery. In Florida, Astrotech Space Operations, a wholly-owned subsidiary of Lockheed Martin, will complete MUOS-4's pre-launch processing. The MUOS network is expected to be operational by year-end. MUOS-1, MUOS-2 and MUOS-3 launched respectively in 2012, 2013 and January 2015. All four required MUOS ground stations are complete. More than 55,000 currently fielded radio terminals can be upgraded to be MUOS-compatible, with many of them requiring just a software upgrade.
Lockheed Martin Elects Bruce Carlson to the Board, Effective July 1, 2015
Jun 25 15
Lockheed Martin announced that its board of directors has elected retired U.S. Air Force Gen. Bruce Carlson to the board effective July 1, 2015. Carlson will serve on the corporation's Nominating and Corporate Governance, and Classified Business and Security committees. Carlson, has a deep background in national and global defense issues and a strong record of helping large organizations develop strategies focused on global security. He recently served as the 17th Director of the National Reconnaissance Office from 2009 until 2012.
Lockheed Martin Declares Third Quarter 2015 Dividend, Payable on September 25, 2015
Jun 25 15
The Lockheed Martin board of directors has authorized a third quarter 2015 dividend of $1.50 per share. The dividend is payable on Sept. 25, 2015 to holders of record as of the close of business on September 1, 2015.
Lockheed Martin Corporation Presents at 12th Renewable Energy Finance Forum 2015, Jun-25-2015 03:30 PM
Jun 22 15
Lockheed Martin Corporation Presents at 12th Renewable Energy Finance Forum 2015, Jun-25-2015 03:30 PM. Venue: Grand Hyatt New York, New York, United States. Speakers: Maribeth Malloy, Director, Environmental Sustainability & External Engagements.