Lockheed makes a health IT acquisition

Lockheed Martin Corp. is acquiring QTC Holdings Inc., a provider of outsourced medical evaluation services to the government. Move builds Lockheed's health IT portfolio.

Contractors share $900M prize to develop the Army's smart combat vehicle

Two teams of contractors, one led by BAE Systems and Northrop Grumman and another by General Dynamics and Lockheed Martin Corp., share a $900 million contract to develop the technology for the Army's smart combat vehicle.

Tech companies to offer jobs, training to unemployed vets

IT companies pledge to answer the president's challenge to help 100,000 vets.

Lockheed signs energy-performance contract with DOE

Energy's agreement with Lockheed Martin is the first to use an energy-savings contract for data center consolidation and IT enhancements.

Lockheed tasked with boosting TSA airport screening technology

Lockheed Martin Corp. will provide the Transportation Security Administration with new passenger screening and security equipment across the east and central United States under two, two-year regional task orders worth a combined $72 million.

Lockheed, Northrop reach milestone in multi-billion dollar competition

Navy CANES project to consolidate ship-based networks heads for the next phase in the battle between the two defense giants.

Lockheed Martin increases sales in tough quarter

Lockheed was able to increase sales, but its information technology business saw a dip.

Lockheed plans layoffs of 6,500 employees

The company plans to reduce corportate support staff as it continues to hunt for savings.

Will defense firms miss the economic comeback?

Editor Nick Wakeman looks at a Forbes commentary that forecasts gloom for the biggest defense players.

Lockheed Martin announces more job cuts

Defense contractor announced June 30 that it will cut an additional 1,500 jobs from its airplane-making sector.

Lockheed Martin announces executive shuffle

Lockheed Martin Corp. has reassigned a number of its executives with the goal of strengthening the company's performance on high-priority programs. All of the moves will take effect Aug. 1.

Finmeccanica battles American defense giants for Air Force contract

Competition heats up for a U.S. Air Force contract to build jet trainers.

Defense contractors get a cyber assist from NSA

The National Security Agency is offering its scanning tools to protect e-mail and other digital communications for major defense contractors, as part of what could be an escalating cyber war.

Lockheed lays off 1,200 workers at space division

Lockheed Space Systems Co. announced it is restructuring its workforce to eliminate 1,200 jobs by year's end.

Two Lockheed execs look forward to Independence Day promotions

Paul Lemmo moves to vice president of business development for Lockheed’s Information Systems and Global Solutions and Thomas Oles will move up to vice president of strategy and business development for the company’s Electronic Systems business.

RSA confirms its tokens used in Lockheed hack

The complicated attack might have used log-in data obtained via a phishing attack along with algorithm seed numbers taken from RSA to generate new passcodes.

Lockheed might outsource F-35 to Japan

As part of its sales pitch to Japanese buyers, Lockheed Martin said it would consider building some of the fighter jets in Japan.

Contractors doubt own security

Cyberattacks on several defense contractors have many in the community worried about security.

Terrorists target wrong contractor in assassination plot

Al-Qaida targets wrong CEO in uncovered terrorist assassination plot.

More cyberattacks reported; RSA tokens likely involved

Two more defense contractors reportedly have been the victims of attacks similar to the breach at Lockheed Martin Corp., and RSA SecurID tokens are believed to be compromised.