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.

The U.S. Space Force and Lockheed Martin have delivered a new GPS satellite to Florida-based Astrotech Space Operations for launch preparations. GPS III Space Vehicle 04 will deliver anti-jam capabilities and work alongside other GPS satellites to provide positioning, navigation and timing across the globe.

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 has delivered a new training device that the U.S. Marine Corps intends to use with the CH-53K King Stallion helicopter. The Containerized Flight Training Device is designed to simulate operational environments with a realistic cockpit display, Naval Air Systems Command said Friday.

The U.S. Army has received a version of a Lockheed Martin-made radar powered by Gallium Nitride that boosts the sensor's reliability and range. GaN technology also poses the potential for future updates such as counterfire target acquisition, Lockheed said 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.

Frank St. John, the current executive vice president of Lockheed Martin's Rotary and Mission Systems (RMS) business, was elected by the board to serve as chief operating officer (COO), effective June 15, the company announced on Monday.