Lockheed Martin has partnered with Aerojet Rocketdyne on a proposal to compete for the Next Generation Interceptor (NGI) contract for The Missile Defense Agency (MDA). Lockheed Martin has offered an interceptor that will address all elements of environmental survivability. Aerojet Rocketdyne will power Lockheed Martin’s primary propulsion to address all U.S. Northern Command challenges.

Lockheed Martin, prime contractor on the Defense Advanced Research Projects Agency (DARPA) Operational Fires (OpFires) program, has announced the company’s subcontractors on the program to advance hypersonic technologies. "OpFires is well-suited to address the Army’s Medium Range Strategic Fires needs,” said Steven Botwinik, director of Tactical and Strike Missiles Advanced Programs. 

The U.S. Navy has awarded Lockheed Martin a $7 million contract to deliver a study for a proven, integrated and capable payload ship that will be able to patrol for extended durations, under the U.S. Navy’s Large Unmanned Surface Vessel (LUSV) competition, Lockheed Martin reported on Thursday. 

Lockheed Martin has awarded BAE Systems a contract to produce and deliver additional electronic warfare (EW) systems for Lot 15, Lot 16 long lead, sustainment spares and retro fit kits for the 5th Generation F-35 Lightning II, BAE Systems reported on Monday. Under the contract, BAE Systems will provide advanced situational awareness and threat response capabilities. 

Lockheed Martin has been awarded a  $187.5 million Tranche 0 contract of the Space Transport Layer from the Space Development Agency (SDA). Under the contract, Lockheed Martin will develop a mesh network of 10 small satellites that links terrestrial warfighting domains to space sensors by 2022.

Lockheed Martin has announced that the company has completed acceptance trials for its Littoral Combat Ship (LCS) 21, the future USS Minneapolis-Saint Paul, in Lake Michigan. Lockheed Martin’s LCS 21 underwent a full-power run, maneuverability testing and surface and air detect-to-engage demonstrations of the ship's combat system.

Lockheed Martin Corporation has partnered with Be The Match to enable patients to continue receiving life-saving transplants without interruption during the COVID-19 pandemic by ensuring the timely delivery of bone marrow and blood stem cells for transplant, Lockheed Martin reported on Thursday. 

Lockheed Martin Corporation has reported first quarter 2020 net sales of $15.7 billion, net earnings of $1.7 billion and cash from operations of $2.3 billion, the company reported on Tuesday. 

Lockheed Martin has released new company guidance regulations due to the rapid spread of COVID-19 and its major societal impacts, the company announced on Friday. 

The Board of Directors of Lockheed Martin has appointed James Taiclet as president and CEO, effective June 15, the company announced on Monday.