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Hellfire Successor Approved for Production

Lockheed Martin's Joint Air-to-Ground Missile (JAGM) system has successfully passed its Defense Acquisition Board review and achieved milestone C. The signed Acquisition Decision Memorandum...

Lockheed Martin Awarded $1.2 Billion to Upgrade the South Korean F-16...

The U.S. Air Force awarded Lockheed Martin Aeronautics a contract worth over US$1.2 Billion for the upgrading of 134 South Korean F-16 fighters. The contract for the ROKAF upgrade is a foreign military sales contract issued by the U.S. Air Force.