Topic: Lockheed Martin Corporation
Lockheed Martin on Wednesday announced that more than 600 company executives have taken up early retirement offers as the defense contractor undergoes a massive cost-cutting restructuring. The layoffs, representing one quarter of Lockheed Martin's senior management, are part of the company's plan ...
Lockheed Martin 4th-qtr earnings little changed, boosts guidance for 2010Two of the nation's defense companies posted higher fourth-quarter profits Thursday, boosted by the sale of fighter jets, cargo planes and missiles to the Pentagon and other militaries. Lockheed Martin Corp.'s earnings edged ...
US global security giant Lockheed Martin said Wednesday it will cut approximately 1,200 US jobs as part of a restructuring within its electronics systems business area. Lockheed announced the job reductions as it unveiled the name and senior-level organizational structure for a ...
ATLANTA (Reuters) - Lockheed Martin Corp <LMT.N> posted better-than-expected quarterly profit aided by a lower tax rate and share count on Tuesday, but revenue missed Wall Street estimates and the defense contractor warned earnings would drop in 2010, sending its shares down ...
Lockheed Martin Space Systems Company, a division of US global security firm Lockheed Martin Corporation, said Monday it would cut about 800 jobs by year-end to improve its competitiveness. The company said the payroll deductions represent about 4.5 percent of the overall ...