Lockheed Martin is a US global aerospace, defence, security, and advanced technology company with worldwide interests. It was formed by the 1995 merger of Lockheed Corporation with Martin Marietta, and employs 123,000 people worldwide.
Aviation Industry Corporation of China (AVIC), the country’s dominant aerospace and defence contractor, plans to raise more money in the mainland and Hong Kong stock markets to bankroll future growth and develop its first top-of-the-line jet engine.Tuesday, 13 November, 2012, 2:24pm
US weapons maker Lockheed Martin Corp said it faced a potential termination liability of us$1.1 billion on the F-35 fighter program unless it received additional funding for production of a sixth batch of airplanes by year end.26 Oct 2012 - 11:50am
EADS and BAE Systems will not extend their merger talks later on Wednesday, calling an end to a plan to create the world’s largest defence group.10 Oct 2012 - 8:17pm
Leading European aerospace and defence companies EADS and BAE Systems are to ask Wednesday for a delay from British regulators to a deadline on announcing if they will pursue a tie-up that would create a global giant bigger than US rival Boeing, a source close to the matter said.\10 Oct 2012 - 10:45am
Political wrangling between Germany, France and Britain has entered a critical phase ahead of an imminent deadline for a merger of EADS and BAE to create the world’s top aerospace and arms group.8 Oct 2012 - 11:21am