With the proliferation of military drones, it's easy to overlook the role of manned aircraft in modern warfare. Traditional warplanes aren't going anywhere, though, and Lockheed Martin makes a convincing case as to why. The weapons manufacturer has just released footage of its F-35B Lightning II fig Full story
Aircraft parts supplier Spirit AeroSystems said Tuesday that Jeff Turner is stepping down from the CEO post and will be succeeded by a former Lockheed Martin executive. Full story
AVALON, Australia (Reuters) - The Pentagon program chief for the F-35 warplane slammed its commercial partners Lockheed Martin <LMT.N> and Pratt & Whitney on Wednesday, accusing them of trying to "squeeze every nickel" out of the U.S. government and failing to see the long-term benefits of Full story
(Reuters) - Defense contractor Lockheed Martin Corp <LMT.N> said Marillyn Hewson, set to become chief executive on January 1, would receive an annual base salary of $1.38 million and a target bonus percentage of 175 percent in 2013. Full story
Lockheed Martin has terminated its incoming CEO Christopher Kubasik for an alleged ethics violation, reports CNBC's Bertha Coombs. The company names Marillyn Hewson its CEO.
WASHINGTON (Reuters) - The departing chief executive of Lockheed Martin said on Friday the company was "not in crisis" after the resignation of his planned successor over an ethics scandal. Full story
The F-35A Lightning II flies above the compass rose of Rogers Dry Lakebed at Edwards Air Force Base, May 13, 2011. REUTERS/Paul Weatherman/Lockheed Martin/US Air Force
The U.S. Marine Corps version of Lockheed Martin's F35 Joint Strike Fighter, F-35B test aircraft BF-2 flies with external weapons for the first time over the Atlantic test range at Patuxent River Naval Air Systems Command in Maryland in a February 22, 2012 file photo. It's called the "death spiral,"
F-35 Joint Strike Fighters AF-2, AF-3 and AF-4, can be seen flying over Edwards Air Force Base in this December 10, 2011 handout photo provided by Lockheed Martin. REUTERS/Lockheed Martin/Darin Russell/Handout/Files
Workers are seen on the moving line and forward fuselage assembly areas for the F-35 Joint Strike Fighter at Lockheed Martin Corp's factory located in Fort Worth, Texas in this October 13, 2011 file handout provided by Lockheed Martin. REUTERS/Lockheed Martin/Randy A. Crites/Handout/Files
