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Lockheed Martin Feels the Pinch

Lockheed Martin Feels the Pinch

* Lockheed Martin's Q1 2014 sales were down 4% Y/Y to $10.65B. Aeronautics stood out as the one segment whose revenue grew this quarter, mostly thanks to the F-35 and C-5. Information systems and Mission systems sales on the other hand were down by 9% and 11%...

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Poland to Extend, Improve Its FFG-7 Frigates

Poland to Extend, Improve Its FFG-7 Frigates

ORP Gen. T. Kosciuszko(click to view full) The FFG-7 Oliver Hazard Perry Class of frigates successfully achieved the goal of fielding a lower-cost warship to bulk up numbers during the Cold War, and proved their ability to take a punch when the USS Stark survived an...

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