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Lockheed Martin

Earth Orbit: Getting Crowded... Much Faster

Marco Cáceres | Posted 09.07.2014 | Science
Marco Cáceres

For many years, I have been anticipating the start of a revolution in the satellite market, in which the majority of the satellites built and launched would be of the micro, nano, pico, and femto variety.

If California's Poor Just Formed a Corporation, They'd Be $420 Million Richer

John Hrabe | Posted 09.06.2014 | Politics
John Hrabe

There's finally a state budget surplus, and it's reserved for an out-of-state corporation, not the 9 million people living in poverty. Under total Democratic control, California has just approved $420 million in corporate tax breaks for defense contractor Lockheed Martin.

Paul Blumenthal

Washington Lobbyists Pour Money Into Mississippi To Fend Off Tea Party

HuffingtonPost.com | Paul Blumenthal | Posted 06.18.2014 | Politics

WASHINGTON -- Lobbyists in Washington are pouring money into Sen. Thad Cochran's (R-Miss.) runoff campaign, helping the six-term incumbent with a long...

National Science Olympiad at UCF Orlando

Lee-En Chung | Posted 07.19.2014 | Science
Lee-En Chung

Brainiacs galore! I perused the 30th Annual Science Olympiad National Tournament on May 16-17, 2014 at University of Central Florida's campus in Orla...

Injunction Against RD-180 Engine Sales May Have Implications for US Rides to ISS

Marco Cáceres | Posted 07.02.2014 | Science
Marco Cáceres

Assuming the Russians themselves don't decide to stop selling the RD-180s to ULA, Judge Braden's concerns should soon be alleviated and the sale of these engines should continue as normal.

STEM Contest Inspires Kids to Invent Our Future

Ravé Mehta | Posted 06.22.2014 | Impact
Ravé Mehta

If we can develop a better system to engage, empower and enable our children to innovate faster than our world systems decay, then our kids could not only save our world, they could reinvent our future!

Urban Mining

Peter Neill | Posted 05.03.2014 | Green
Peter Neill

Just as we have learned to recycle paper, glass, iron, steel, even water, we must now also learn to recover these new elements as well, mine their density and availability, and invent a new conduct toward sustaining the value of these most precious metals already in hand.

The Facade of Fancy Workplaces

Gil Laroya | Posted 04.06.2014 | Business
Gil Laroya

I learned over the years that huge buildings with beanbag chairs and dog-sitting stations do not make a company. It is the people who make the company, not the fluff. Think about where you work now, and understand where your daily motivations lie.

MAJOR Corporation Yanks Boy Scouts Funding Over Gay Ban

AP | BRETT ZONGKER | Posted 02.18.2014 | Gay Voices

WASHINGTON (AP) — Defense and aerospace giant Lockheed Martin is halting its donations to the Boy Scouts of America over the organization's ban on g...

Defense Contractor Blames Austerity For Massive Job Cuts

Reuters | Karen Jacobs | Posted 11.14.2013 | Business

(Reuters) - Defense contractor Lockheed Martin Corp said on Thursday it plans to cut 4,000 jobs, or more than 3 percent of its worldwide workforce, t...

Huge Government Contractor Revises Furlough Plans

AP | Posted 10.07.2013 | Business

NEW YORK -- NEW YORK (AP) — Lockheed Martin said Monday that it is furloughing about 2,400 workers due to the government shutdown — 20 percent les...

Huge Government Contractor To Furlough Thousands

AP | Posted 10.04.2013 | Business

BETHESDA, Md. -- BETHESDA, Md. (AP) — Lockheed Martin says it will furlough 3,000 employees on Monday due to the government shutdown. The big defen...

This Week, Let's Help Burlington Kill the $1.5 Trillion F-35 Taxpayer Ripoff

Robert Naiman | Posted 11.30.2013 | Politics
Robert Naiman

If the Council votes to block the planes from being based in Burlington, that won't kill the $1.5 trillion F-35 taxpayer ripoff by itself. But it will set a crucial precedent. It will prove that the F-35 is politically vulnerable.

Zach Carter

Third Of Richest CEOs Were Getting Paid Taxpayer Dollars

HuffingtonPost.com | Zach Carter | Posted 08.28.2013 | Politics

WASHINGTON -- More than one-third of the nation's highest-paid CEOs from the past two decades led companies that were subsidized by American taxpayers...

South Korea Stumble Threatens Lockheed's 'Super Jet'

William Hartung | Posted 10.19.2013 | Politics
William Hartung

Despite recent reports to the contrary, it has been a rough patch for Lockheed Martin's F-35 Joint Strike Fighter, now known as the "Lightning II."

The 10 U.S Companies Profiting Most From Egypt's Military

Posted 08.22.2013 | Business

As Congress debates whether to cut military aid to Egypt in the wake of last week's bloody crackdown, the consequences for America could be even worse...

The Massive Government Train Wreck Nobody's Really Talking About

Dan Treadway | Posted 10.09.2013 | Politics
Dan Treadway

What's $1.5 trillion? Well, even if you reduce the figure to take into account inflation, it's enough to cover any estimate of the outstanding student loan debt in America or patch up much of the nation's aging infrastructure.

Is This Fighter Jet Worth $400 Billion?

Reuters | Posted 05.26.2013 | World

By Andrea Shalal-Esa WASHINGTON, March 26 (Reuters) - The retiring chief of the trouble-plagued F-35 Joint Strike Fighter says he rema...

Lockheed Martin at the Trough

Lawrence Wittner | Posted 05.21.2013 | Business
Lawrence Wittner

At the very time when state governments are cutting back aid to low income women and their children (thanks to sequestration), the government of the State of Maryland seems en route to providing the Lockheed Martin Corporation with a handout worth millions of dollars.

Consumer Reports Got It Dangerously Wrong on Identity Theft

Adam Levin | Posted 04.03.2014 | Business
Adam Levin

These risks are very real. Identity theft continues to morph and evolve in complexity and gains even greater traction with more organized criminal enterprises as their crime of choice. So you can imagine my frustration when I read the article in Consumer Reports.

Paul Blumenthal

Tax Break Bill Would Aid Huge Defense Contractor

HuffingtonPost.com | Paul Blumenthal | Posted 03.13.2013 | Politics

WASHINGTON -- In an age of budget cuts and hard choices, state lawmakers in Annapolis, Md., are pushing a benefit for the world's largest defense manu...

Corporate Welfare in Maryland

Lawrence Wittner | Posted 05.11.2013 | Business
Lawrence Wittner

Lockheed Martin would seem to be an unlikely recipient of a lavish government handout, at least on the basis of need. Indeed, it is one of the world's largest business enterprises, with sales that reached $47 billion in 2012.

Lockheed Martin's Herculean Efforts to Profit From Defense Spending

Jeremiah Goulka | Posted 05.11.2013 | Politics
Jeremiah Goulka

To be fair, the Air Force did request some C-130s. Thanks to Senator McCain, the Government Accountability Office did a study of how many more C-130s the Air Force requested between 1978 and 1998. The answer: Five. How many did Congress add on? 256.

Is the Private Sector More Efficient Than the Government?

Reese Schonfeld | Posted 05.08.2013 | Politics
Reese Schonfeld

It seems to me that the DOD would've been a heck of a lot better off if it built its own weapons, than turning the design and manufacture over to private enterprise companies, whose main purpose is to make money.

GAO Says No Pentagon Audit: Why Aren't Republicans and Rep. Issa Irate?

Michael Shank | Posted 03.26.2013 | Politics
Michael Shank

Amid Pentagon pontification about sequestration cuts to defense spending and their supposed deleterious impact on national security, it turns out that the department of defense has no clue at all about its own fiscal outlook.