Topic: Lockheed Martin Corporation
Lockheed, Kaman unmanned helicopter test a success
AP News
Lockheed, Kaman announce successful test of unmanned military helicopterLockheed Martin Corp. and Kaman Aerospace Corp. are launching their own unmanned military helicopter. Lockheed Martin, based in Bethesda, Md., and Kaman, in Bloomfield, said Monday they have demonstrated to the Marine Corps the capability of an unmanned helicopter to resupply troops ...
Corrected: Defense shares gain on spending boost in U.S. budget
Reuters US Online Report Business News
ATLANTA (Reuters) - Shares of major U.S. defense contractors rose on Monday after the Obama administration unveiled a defense budget for fiscal 2011 that seeks a 3.4 percent increase in the Pentagon's base budget and $159 billion to fund missions in Iraq, Afghanistan and Pakistan. The Standard & ...
Obama seeks record $708 billion in 2011 defense budget
Reuters US Online Report Top News
WASHINGTON (Reuters) - President Barack Obama asked Congress to approve a record $708 billion in defense spending for fiscal 2011, but vowed to continue his drive to eliminate unnecessary, wasteful weapons programs. The budget calls for a 3.4 percent increase in the Pentagon's base budget to $549 billion, plus ...
Defense chief fires head of troubled office
AP News
Defense chief duns contractor Lockheed Martin and fires head of troubled fighter jet programDefense Secretary Robert Gates is removing at least one senior manager and withholding money from a defense contractor because of continued troubles in the Pentagon's marquee fighter jet program. Gates said the F-35 Joint Strike Fighter ...
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