Search results
Results from the WOW.Com Content Network
The Alco Hydro-Aeroplane Company was established in San Francisco on December 19, 1912 by the brothers Allan and Malcolm Loughead.In 1916, the company was renamed the Loughead Aircraft Manufacturing Company and relocated to Santa Barbara, California, the same year Santa Barbara resident Jack Northrop (aged 20) took his first job in aviation working as a draftsman for Loughead Aircraft.
The Lockheed Corporation was an American aerospace manufacturer.Lockheed was founded in 1926 and merged in 1995 with Martin Marietta to form Lockheed Martin.Its founder, Allan Lockheed, had earlier founded the similarly named but otherwise-unrelated Loughead Aircraft Manufacturing Company, which was operational from 1912 to 1920.
In May 2001, Lockheed Martin sold Lockheed Martin Control Systems to BAE Systems. [29] On November 27, 2000, Lockheed completed the sale of its Aerospace Electronic Systems business to BAE Systems for $1.67 billion, a deal announced in July 2000.
This is a list of aircraft produced or proposed by the Lockheed Aircraft Corporation from its founding as the Lockheed Aircraft Company in 1926 to its merging with Martin Marietta to form the Lockheed Martin Corporation in 1995. Ordered by model number, Lockheed gave most of its aircraft astronomical names, from the first Vega to the C-5 Galaxy.
Lockheed Martin (NYSE:LMT) hit an all-time high of $363 in mid-February. Since then, LMT stock has retreated by 18% through Jul. 5. If ever there was a stock investors should buy on the dip ...
While the formation of Lockheed Martin in 1995 was a merger of equals, by far the greatest contribution to Lockheed Martin Aeronautics was the product portfolio of Lockheed. This included the C-5 , C-130 , and C-141 transports as well as the F-2 , F-16 (purchased from General Dynamics ), F-117 , F-22 , and F-35 Lightning II .
Lockheed Martin's 12.5% operating margin came in about 60 basis points ahead of expectations, and free cash flow of $2.1 billion was well ahead of Wall Street's $1.3 billion forecast.
Investors punished Lockheed Martin stock for anemic sales growth in Q3. ... This popular vitamin C serum is on sale for just $10: '60 is the new 40' ... All about the history-making army unit ...