Lockheed Corporation

F-16 upgrade deal eyed after visit by US officials

A decision on whether Greece will go ahead with updating its air force fleet of 85 F-16s is expected next week after a weekend visit by a team of nine representatives of the American government and eight representatives of US aerospace firm Lockheed Martin aimed at exploring whether a deal can be reached.

Lockheed Martin given $3.7 bln interim payment for 50 F-35s: Pentagon

Lockheed Martin Corp was awarded a $3.7 billion interim payment for fifty F-35 jet fighters that are earmarked for non-U.S. customers, the Pentagon said late on July 28.

Lockheed and its partners have been producing the jets under a placeholder agreement known as an "undefinitized contract action."

What Lockheed’s secretive Skunk Works unit sees for the 6th-Gen. Fighter

Lockheed Martin’s (LMT) Skunk Works division, whose legendary history includes the SR-71 spy plane, F-117 stealth fighter and today’s F-35, is working on new technology to ensure that U.S. aircraft stay ahead of adversaries.

While production on the F-35, a fifth-generation fighter, is just starting to ramp up, the Pentagon is already looking at a sixth-generation fighter.

CIA memo confirms nuclear sub crash

A CIA document has revealed that two nuclear submarines collided in a sea loch just off the west coast of Scotland more than 40 years ago.
The top secret memo, which has just been declassified, tells how a US submarine collided with a Russian vessel near Holy Loch in November 1974.
The cable marked “Secret eyes only” was sent to US secretary of state Henry Kissinger.

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