Lockheed Martin Corp.

Consolidation wave poised to hit state's health care services, biopharma sectors

2012-04-21 11:26:07

Like a one-two punch, two major Maryland employers in the health care service and pharmaceutical industries were the targets last week of multibillion-dollar acquisition deals. Both homegrown companies — Human Genome Sciences Inc. and Catalyst...

Hopkins, Lockheed announce plan to create a better ICU

2011-12-14 17:42:00

Johns Hopkins Medicine and defense contractor Lockheed Martin Corp. said Tuesday they would work together to create a safer and more efficient model for hospital intensive care units. The Armstrong Institute for Patient Safety and Quality at Hopkins...

Federal spending in Maryland declines

2011-09-27 16:53:11

Federal spending in Maryland dropped by nearly $1.4 billion last year — a setback for a state economy built largely on Washington dollars and a likely omen, analysts say, of further austerity to come. The pullback, which was revealed in census...

Maryland's employment picture still dour in June

2011-07-22 16:15:16

Maryland tied for the fastest pace of job loss in the past year in June, the federal government estimated Friday, the second month in a row that the state was at or near the bottom of the heap. The state's unemployment rate — which had been...

Lockheed Martin to lay off 35 at Md. military facilities

2011-08-15 12:43:00

Lockheed Martin Corp. is warning state regulators that it will lay off 35 employees based at five Maryland military facilities because a contract to provide services at those locations is not being renewed. The Bethesda-based defense contractor told...

Lockheed Martin to lay off 95 in Greenbelt

2011-06-15 15:45:16

Defense contractor Lockheed Martin Corp. said Wednesday that it will lay off up to 95 employees in Greenbelt when a government contract expires in September. The employees affected are working on a multi-year contract with the National Archives and...

California staffing firm lands Lockheed Martin contract

2010-02-20 14:12:00

California-based firm SearchPros Staffing has entered into a long-term contract with Lockheed Martin Corp. to manage temporary staffing services for the aerospace giant. SearchPros director Myla Ramos was reluctant to discuss details of the deal Friday,...

Paychecks raise eyebrows

2005-05-15 00:00:00

Charity is big business in Maryland, and some of the providers provide the compensation packages to prove it. Seven of the state's 501(c)(3) organizations - charities, the most common nonprofits - paid more than $1 million in salary and benefits to at...

Retiring is a time for hefty rewards

2005-05-15 00:00:00

With their seven-figure salaries and even larger bonuses, CEOs can buy some of the finer things in life, and put away a tidy sum for retirement. Often, however, they don't have to. Executive perks in Maryland, according to company filings, include...

Some companies restate finances

2002-08-14 14:16:00

Investors jarred by a wave of accounting scandals were jostled by smaller ripples Wednesday, as several big companies restated their finances against a deadline to swear to the accuracy of financial reports. After waiting until the last minute, scores of...

What corporate certification means

2002-08-14 14:22:00

By 5 p.m. today, 695 of the nation's largest companies must certify to the U.S. Securities and Exchange Commission in Washington that the results of their companies' finances are true. The rule affects nine companies based in the Baltimore region --...

Space plane due in '08, NASA contractors told

2003-07-30 00:00:00

WASHINGTON - NASA has formally notified the three contractors working on the orbital space plane project that the agency wants the companies to push toward a new deadline of 2008. When the project was proposed late last year, the plan was to have a...

Designed by Clarence L. Kelly Johnson, the legendary chief engineer at Lockheed Martin Corp. s former Skunk Works facilities in Burbank, the U-2 was first built in 1955.

2012-01-26 12:02:34

A U-2 spy plane is displayed at the Lockheed Advanced Development Co. in Palmdale in 1994.

2012-01-25 15:56:39

An F-35 fighter jet lands at Edwards Air Force after completing a test flight Oct. 23, 2008. The center fuselages of the nation's next-generation fighter jet are built by Northrop Grumman.

2011-08-16 15:11:18