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 Home > Lockheed-Martin Press Release > 1998  
Lockheed-Martin Press Releases
20th November, 1998
Lockheed Martin Selected to Build A2100 Satellite to Serve Japanese Telecommunications Market
SUNNYVALE, CA, November 20th, 1998 -- Lockheed Martin and Space Communications Corporation (SCC) today signed a contract for a geosynchronous satellite and ground station that will serve the Japanese telecommunications marketplace ...
19th November, 1998
Lockheed Martin Wins Social Security Administration Enterprise Technology Services Contract
FALLS CHURCH, VA, November 19th, 1998 -- Lockheed Martin Services, Inc., Information Support Services (ISS), has been awarded a contract to provide complete software life cycle support including requirements analysis, design, development, testing, and implementation for the Social Security Administration under the Enterprise Technology Services Contract (ETSC) ...
17th November, 1998
Lockheed Martin JASSM Program Moves Into Development Phase
ORLANDO, FL, November 17th, 1998 -- Lockheed Martin's Joint Air-to- Surface Standoff Missile (JASSM) program swept into its development phase November 9, when DoD acquisition chief Jacques Gansler signed an Acquisition Decision Memorandum authorizing the transition ...
17th November, 1998
Lockheed Martin Announces New Accounting Standard Will Require Charge in First Quarter 1999
BETHESDA, MD, November 17th, 1998 -- Lockheed Martin Corporation (NYSE: LMT) today announced that, effective January 1, 1999, it will adopt a new accounting standard pertaining to costs related to start-up activities ...
17th November, 1998
Lockheed Martin Extends COMSAT Tender Offer Until January 14, 1999
BETHESDA, MD, November 17th, 1998 -- Lockheed Martin Corporation (NYSE: LMT) announced today that its wholly-owned subsidiary, Regulus, LLC, is extending its offer to purchase up to 49% (less certain adjustments) of the outstanding shares of common stock of COMSAT Corporation (NYSE: CQ) at a price of $45.50 per share, net to the seller in cash, until 12:00 midnight, New York City time, on Thursday, January 14, 1999 ...
16th November, 1998
Lockheed Martin Team Selected for Key Frigate Program in Australia With Potential Value up to $200 Million
BETHESDA, MD, November 16th, 1998 -- The Commonwealth of Australia has announced that the ADI/Lockheed Martin team has been selected as the preferred tenderer for the Royal Australian Navy (RAN) Frigate (FFG) Upgrade Program ...
26th October, 1998
AFEWES Celebrates Its Fortieth Anniversary
FORT WORTH, Texas, October 26th, 1998 -- This month the Air Force Electronic Warfare Evaluation Simulator (AFEWES) celebrates it 40th year of operation. AFEWES has long been viewed as the world's premier hardware-in-the-loop electronic warfare test and evaluation laboratory ...
22nd October, 1998
Lockheed Martin Board Authorizes Two-For-One Stock Split, Dividend Increase
BETHESDA, MD, October 22nd, 1998 -- The board of directors of Lockheed Martin (NYSE: LMT) today declared a two-for-one split of the Corporation's common stock and a cash dividend increase. The split will be in the form of a stock dividend and stockholders of record on December 1, 1998, will receive one additional share for each share of Lockheed Martin Corporation common stock held ...
22nd October, 1998
Marcus C. Bennett to Retire as Lockheed Martin Chief Financial Officer; To be Succeeded by Philip J. Duke
BETHESDA, MD, October 22nd, 1998 -- Marcus C. Bennett, executive vice president and chief financial officer of Lockheed Martin, today notified the Corporation's board of directors of his intention to retire effective January 31, 1999, after 40 years service ...
21st October, 1998
Lockheed Martin Global Telecommunications Unveils Structure, Names Management Team
BETHESDA, MD, October 21st, 1998 -- Lockheed Martin Global Telecommunications today announced a business structure designed to offer customers space and terrestrial carrier services, global transmission services, wholesale capacity and end-to-end transport and applications solutions for telecommunications services, along with the management team that will lead these initiatives ...
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