May 21, 2013 -- Want to increase revenues in China? You might try lowering prices. It seems to have worked for GlaxoSmithKline. In 2009, the company reduced the cost of its...

BETHESDA, Md., May 23, 2013 – Lockheed Martin [NYSE: LMT] will webcast live a presentation by Executive Vice President and Chief Financial Officer Bruce Tanner at the Sanford C. Bernstein 29^th Annual Strategic Decisions Conference on May 30, 2013 from 2:00 p.m. to 2:45 p.m. Eastern Time.

MARIETTA, Ga., May 22, 2013 – Another Lockheed Martin [NYSE: LMT] C-130J Super Hercules (Lockheed Martin aircraft number 5724) was ferried to the 317th Airlift Group at Dyess Air Force Base, Texas, today. Brig. Gen. Scott Goodwin, director of Operations, Headquarters Air Mobility Command, Scott Air Force Base, Ill., flew the aircraft to Dyess AFB. Goodwin is a command pilot with more than 3,500 flying hours in four types of aircraft, including the C-130 Hercules.

DALLAS, May 22, 2013 – Lockheed Martin [NYSE: LMT] successfully conducted the  first Engineering, Manufacturing and Development (EMD) flight of the new Guided Multiple Launch Rocket System (GMLRS) Alternative Warhead at White Sands Missile Range, N.M.

New C2BMC Capabilities Provide More Realistic Training for Operational Exercises

ARLINGTON, Va., May 21, 2013 –  Lockheed Martin [NYSE: LMT] has completed a program milestone for the integrating system that links the numerous sensors, weapons and systems currently operational in the U.S. Ballistic Missile Defense System. The Lockheed Martin-led Missile Defense National Team successfully completed the preliminary design review for a major upgrade to the training component of the Command, Control, Battle Management and Communications (C2BMC) system, the hub of the Ballistic Missile Defense System.

NAVAL AIR STATION PATUXENT RIVER, Md., May 20, 2013 –  A Lockheed Martin [LMT] F-35B Short Takeoff/Vertical Landing (STOVL) Lightning II test aircraft recently completed the first-ever Vertical Takeoff (VTO) on May 10. VTOs are one of the many capabilities required for the fielding an F-35B aircraft.  While not a combat capability, VTOs are required for repositioning of the STOVL in environments where a jet could not perform a short takeoff.  In these cases, the jet, with a limited amount of fuel, would execute a VTO to travel a short distance.  

Bethesda, Md., May 17, 2013 – The Manufacturing Leadership Council recognized Lockheed Martin [NYSE: LMT] with four awards during the 2013 Manufacturing Leadership Summit in Palm Beach, Fla. on May 15.

EDWARDS AIR FORCE BASE, Calif., May 16, 2013 – The latest in a series of Lockheed Martin [LMT] F-35A high angle of attack (AOA) testing was recently completed.  The testing accomplished high AOA beyond both the positive and negative maximum command limits, including intentionally putting the aircraft out of control in several configurations. This included initially flying in the stealth clean wing configuration. It was followed by testing with external air-to-air pylons and missiles and then with open weapon bay doors.  The F-35A began edge-of-the-envelope high AOA testing in the Fall 2012.  For all testing, recovery from out of control flight has been 100 percent successful without the use of the spin recovery chute, which is carried to maximize safety. 

EL PASO, Texas, May 16, 2013 – U.S. Army and Lockheed Martin [NYSE: LMT] officials commissioned the first U.S. Department of Defense (DoD) grid-tied microgrid integrating both renewable resources and energy storage during a ribbon cutting ceremony today at Fort Bliss, Texas. The project was funded by the DoD’s Environmental Security Technology Certification Program.

ROCKVILLE, Md., May 15, 2013 — The FBI’s Next Generation Identification (NGI) Increment 3 was deployed on May 5, 2013, providing significant improvement in latent fingerprint search accuracy and a new nationwide palm print identification system to help solve cold cases and improve crime-solving capabilities. These new resources are among the latest upgrades delivered by a Lockheed Martin [NYSE: LMT]-led team for the FBI’s NGI system.

MARIETTA, Ga., May 14, 2013 – The worldwide community of Lockheed Martin [NYSE: LMT] C-130J Super Hercules operators recently surpassed a landmark

BETHESDA, Md., May 14, 2013 – Lockheed Martin’s [NYSE: LMT] Chief Executive Officer and President Marillyn A. Hewson today made remarks in Arlington, Va. at the Corporation’s fourth annual Media Day.  During her presentation, Hewson discussed the Corporation’s collaboration with customers to help them meet their current and future challenges.  She also outlined how Lockheed Martin is anticipating and actively positioning itself for long-term growth.  For a copy of Hewson’s remarks as delivered, please visit: http://www.lockheedmartin.com/us/news/speeches/051513-hewson.html.

SUNNYVALE, Calif., May 13, 2013 – The U.S. Navy and Lockheed Martin [NYSE: LMT] have delivered the second Mobile User Objective System (MUOS) spacecraft to Cape Canaveral Air Force Station, Fla., where it will be prepared for a July liftoff aboard a United Launch Alliance Atlas V rocket.

FORT WORTH, TEXAS, May 13, 2013 – Lockheed Martin Aeronautics Company [NYSE: LMT] announced that Roderick “Rod” McLean has been selected vice president and general manager of the F-16/F-22 Integrated Fighter Group (IFG). Michael Cawood has been selected to serve as vice president and deputy for IFG. Both appointments are effective immediately

HUNTSVILLE, Ala., May 13, 2013 – Lockheed Martin [NYSE: LMT] and the U.S. Missile Defense Agency (MDA) have successfully tested a prototype air-launched Extended Medium-range Ballistic Missile (eMRBM) target at Yuma Proving Ground, Arizona.

ORLANDO, Fla., May 13, 2013 – Lockheed Martin’s [NYSE: LMT] Joint Air-to-Surface Standoff Missile (JASSM^®) Extended Range successfully completed U.S. Air Force Initial Operational Test and Evaluation (IOT&E) flight testing, scoring 20 successes in 21 flights, a success rate of 95 percent.

FORT WORTH, Texas, May 13, 2013 – Lockheed Martin [NYSE: LMT] announced the redesign of www.F35.com, the official website of the F-35 Lightning II. The new design features enhanced functionality and compatibility with a variety of mobile devices while providing users the most up-to-date information on the F-35 program.

BETHESDA, Md., May 9, 2013 – More than 1,000 Washington, D.C., area Lockheed Martin [NYSE: LMT] employees and family members participated Saturday, May 4, in Rockville, Md., in the Corporation’s first-ever 5K run/walk to get fit while supporting a great cause, the Wounded Warrior Project.

ASHBURN, Va., May 9, 2013 – New updates to the Lockheed Martin [NYSE: LMT] Flight Services (LMFS) automation system and Pilot Web Portal will make general aviation safer and more convenient - at no cost to pilots. 

ISTANBUL, TURKEY, May 9, 2013 – Lockheed Martin successfully united the capabilities of its Aegis Weapon System with the naval combat management capabilities of leading Turkish defense company HAVELSAN.  The results of this effort were demonstrated during a naval combat system mockup at the International Defense Industry Fair (IDEF) 2013.