BETHESDA, MD—Lockheed Martin Corp. is implementing augmented reality on its factory floor and working with software developer Scope AR to develop how-to manuals that include animations for assembling spacecraft components.
CAMDEN, AR—Lockheed Martin says it is spending $142 million and hiring 326 new workers over the next few years as it expands its south Arkansas facility.
GREENVILLE, SC—Lockheed Martin formally opened its new F-16 production line in a refurbished hangar here late last month. The assembly of F-16s is expected to start later this year, according to the company.
A new generation of supersonic aircraft could dramatically change commercial flight. While the basic technology has been around for decades, it's been plagued by noise issues. Due to sonic booms, supersonic jetliners are unable to fly over land.
WASHINGTON--Lockheed Martin has proposed to relocate production of the F-16 from Forth Worth, TX, to India if the country decides to buy a large number of jets. Indian defense contractor Tata Advanced Systems Ltd. would perform final assembly of the aircraft.
FORT WORTH, TX—Lockheed Martin delivered its 66th F-35 this month, hitting its delivery target for the year and boosting its production level by more than 40 percent compared with last year. Lockheed is ramping up production of the F-35 and plans to hire an additional 1,800 workers by 2020.
Denver is called the Mile High City because of its location in the Rocky Mountains. But, a local college is poised to soar to even new heights because of aerospace manufacturing.
CAMDEN, NJ—The New Jersey Economic Development Authority has awarded defense contractor Lockheed Martin another $107 million in tax credits over the next 10 years. The defense contractor will use the tax savings to defray costs of two R&D labs the company has proposed to open here.
