WASHINGTON (Reuters) - Lockheed Martin Corp <LMT.N> said on Tuesday 243 of 4,000 mid-level managers in its information systems and global solutions division have accepted voluntary layoffs, effective March 22. Full story
WASHINGTON (Reuters) - Lockheed Martin Corp <LMT.N> is replacing Larry Lawson as head of aeronautics with Orlando Carvalho, said a defense industry analyst with knowledge of the move. Full story
WASHINGTON (Reuters) - A defense contractor better known for building jet fighters and lethal missiles says it has found a way to slash the amount of energy needed to remove salt from seawater, potentially making it vastly cheaper to produce clean water at a time when scarcity has become a global se Full story
WASHINGTON (Reuters) - Tom Burbage, a former Navy fighter pilot who ran Lockheed Martin Corp's <LMT.N> F-35 Joint Strike Fighter program for 13 years, plans to retire at the end of March, Lockheed said on Thursday. Full story
WASHINGTON (Reuters) - Lockheed Martin Corp <LMT.N> is challenging the U.S. government in court over $13.6 million in research tax credits in a case that tests the often hazy line between research and production, with future R&D claims by other companies possibly at stake. Full story
WASHINGTON (Reuters) - Lockheed Martin Corp <LMT.N> and Raytheon Co <RTN.N> warned on Thursday that U.S. defense budget cuts would eat into their sales this year, but they forecast very different effects on their bottom lines. Full story
