BREAKING NEWS
Lockheed Martin subsidiaries reach $70 million settlement for claims they overcharged Navy for parts
Read full article: Lockheed Martin subsidiaries reach $70 million settlement for claims they overcharged Navy for partsTwo Lockheed Martin subsidiaries have agreed to pay the federal government $70 million for overcharging the Navy for aircraft parts.

7th Littoral Combat Ship headed for Mayport
Read full article: 7th Littoral Combat Ship headed for Mayport- The Navy has commissioned its new USS Indianapolis combat vessel at Burns Harbor along Lake Michigan. It the seventh Littoral Combat Ship that will be assigned to Naval Station Mayport. Saturday's ceremony drew dignitaries, Navy officials, four survivors of the ship's namesake sunk during World War II and family members of current crew members. Eric Holcomb, a Navy veteran, noted the Freedom-class littoral ship was made with Indiana steel. He also says the ship carries a "historic legacy" of the second USS Indianapolis that was sunk by a Japanese submarine in July 1945 while returning from delivering key components for the Hiroshima atomic bomb.

F-35 jets, Sea and Sky Air show rev up local business
Read full article: F-35 jets, Sea and Sky Air show rev up local businessJACKSONVILLE BEACH, Fla. - The yearly air show can be a lot of fun, but its also big business. Jacksonville has been in the running to earn a spot as a base for the F-35, Lockheed Martins next-generation stealth fighter. When the city lost its bid to host the F-35 two years ago, it was a big disappointment for many. The 12th Fighter Wing, at the Jacksonville Air National Guard base, was still on the list but it missed out again last month when the planes were awarded to the Air National Guard Base in Burlington, Vermont. Andy Olson, part of the F-35 Demo Team Pilot, for an F-35 cockpit demonstration.

WATCH LIVE: Delta IV rocket launch from Cape Canaveral
Read full article: WATCH LIVE: Delta IV rocket launch from Cape CanaveralUnited Launch Alliance will use an Delta IV rocket to launch the second Global Positioning System III (GPS III) satellite built by Lockheed Martin for the U.S. Air Force Space and Missile Systems Center.

Stock futures climb on solid earnings
Read full article: Stock futures climb on solid earningsTraders work on the floor of the New York Stock Exchange (NYSE)(CNN) - The Dow and U.S. stocks are on track to open higher on Tuesday as global markets are in the green across the board. Futures for the Dow, S&P 500 and Nasdaq Composite are all up 0.4%. The positive momentum comes on the back of better-than-expected corporate earnings. The U.S. earnings calendar is packed on Tuesday, including Coca-Cola and Lockheed Martin, which reported before the open. However, stock gains might be limited ahead of Friday's second-quarter US GDP report, as investors wait and see how the American economy performed last quarter.

Lockheed Martin's Coatesville plant stays open
Read full article: Lockheed Martin's Coatesville plant stays openKevin Moloney/Getty Images(CNN) - Lockheed Martin CEO Marillyn Hewson said Wednesday that the company will keep its manufacturing plant in Coatesville, Pennsylvania, open following a discussion with President Donald Trump. "It's a good operation with an excellent workforce," Hewson said in a statement. "We look forward to working with the government and PA Congressional delegation to find more work for this facility." The Philadelphia Inquirer reported last month that Lockheed planned to shut down the plant by the end of the year, affecting around 465 employees. It is unclear if the Coatesville plant will construct any of the components for the new presidential helicopters.