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Lockheed Martin Corp. operates as a global security and aerospace company, which engages in the research, design, development, manufacture, integration, and sustainment of technology systems, products, and services. It operates through the following business segments: Aeronautics, Missiles and Fire Control (MFC), Rotary and Mission Systems (RMS) and Space. Read More The Aeronautics segment researches, designs, develops, manufactures, integrates, sustains, supports, and upgrades advanced military aircraft, including combat and air mobility aircraft, unmanned air vehicles, and related technologies. The MFC segment provides air and missile defence systems; tactical missiles and air-to-ground precision strike weapon systems; logistics; fire control systems; mission operations support, readiness, engineering support and integration services; manned and unmanned ground vehicles; and energy management solutions. The RMS segment offers design, manufacture, service, and support for a variety of military and commercial helicopters; ship and submarine mission and combat systems; mission systems and sensors for rotary and fixed-wing aircraft; sea and land-based missile defence systems; radar systems; the Littoral Combat Ship; simulation and training services; and unmanned systems and technologies. The Space segment comprises of the research and development, design, engineering and production of satellites, strategic, and defensive missile systems and space transportation systems. The company was founded in 1961 and is headquartered in Bethesda, MD.
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Research And Development
'We need Turkey to buy the Patriot' missile defense system - acting Pentagon chief
WASHINGTON, March 26 (Reuters) - Acting U.S. Defense Secretary Patrick Shanahan said on Tuesday that he wanted NATO ally Turkey to remain in the F-35 fighter jet program, but added that Ankara needed to buy the Patriot missile defense system.
Latest Technicals: Lockheed Martin Corporation (NYSE: LMT)
Lockheed Martin Corporation is part of the industrials sector and is part of the aerospace and defense industry. The company CEO is Marillyn A. Hewson. Lockheed Martin Corp is a security and aerospace company engaged in the research, design, development, manufacture, integration, and sustainment of technology systems, products, and services. Previous Intraday Trading Performance: The LMT stock showed a previous change of -1.67% with an open at 297.65 and a close of 294.01. It reached an intraday high of 2...
Boeing's Washington Influence Network Tested in 737 Max Crisis
(Bloomberg) -- Boeing Co. has spent decades spreading big money around Washington. Now the aerospace giant will need to lean on its network of lawmakers and lobbyists as it grapples with one of the worst crises in its history. The company has almost tripled its spending on U.S. politicians and political committees in the past decade. It’s also shelled out $15 million to $21 million annually in the same period on lobbying in Washington -- topping spending by rivals Lockheed Martin Corp., United Technologies...
Expected Apr 23, Pre-Market