Defense contracting giants Raytheon Co. and Lockheed Martin Corp. have settled, in Raytheon’s favor, a years-long trademark dispute over the name of a key weapon system made by Tucson-based Raytheon ...

BOMBS AWAY: The U.S. Navy has said it took delivery of its first Lockheed Martin-led Dual-Mode Laser-Guided Bomb (DMLGB) under a contract valued at $260 million. The DMLGB is supposed to provide Navy ...

PAVEWAY AWARD: Lockheed Martin will develop, qualify and produce the Paveway II Dual Mode Laser Guided Bomb for the U.S. Navy under a $65 million contract that could balloon to $266 million with ...

Add Yahoo as a preferred source to see more of our stories on Google. In a groundbreaking achievement, the United Operational Test Team has successfully completed the first-ever dual, external release ...

In a groundbreaking achievement, the United Operational Test Team has successfully completed the first-ever dual, external release of the GBU-54 Laser Joint Direct Attack Munition (LJDAM) from an F-35 ...