Lockheed Martin (LMT) Declares $2.00 Quarterly Dividend; 2.7% Yield

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Lockheed Martin (LMT) Says Joint Air-to-Ground Missile Achieves Milestone C Decision, Enabling Low-Rate Initial Production

June 27, 2018 10:02 AM EDT

Lockheed Martin's (NYSE: LMT) Joint Air-to-Ground Missile (JAGM) system has successfully passed its Defense Acquisition Board review and achieved milestone C. The signed Acquisition Decision Memorandum approves the JAGM system to enter into Low-Rate Initial Production (LRIP).

JAGM is a multi-sensor air-to-ground missile that is the successor to the combat proven HELLFIRE Romeo and HELLFIRE Longbow missiles. Backward compatible with all rotary wing and... More

Lockheed Martin (LMT) Announces Vicki Hollub to Board

June 27, 2018 6:00 AM EDT

Lockheed Martin (NYSE: LMT) announced today that its board of directors has elected Vicki Hollub to the board effective July 2, 2018.

Hollub, 58, is president and chief executive officer of Occidental Petroleum Corporation and has been a member of Occidental's board of directors since 2015. She joined Occidental more than 30 years ago and has held a... More