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Lockheed Martin Reports Fourth Quarter and Full Year 2023 Financial Results

Net sales of $18.9 billion in the fourth quarter and $67.6 billion in 2023Net earnings of $1.9 billion, or $7.58 per share in the fourth quarter; $6.9 billion, or $27.55 per share in 2023Cash from.

United statesJim taicletBlack hawkPrnewswire lockheed martin corporationExchange commissionUnited launch allianceCanadian maritime helicopter programMartin corporationMission surface combatantMission systemsLockheed martinLockheed martin chairmanCentury securityCapital deploymentInternal revenueFire control

Frigate program delayed as shipyard is a few hundred workers short

The yard is a “few hundred” workers short, Andy Bosak, the deputy program manager, said at the Surface Navy Association’s annual conference.

Saudi arabiaUnited statesAndy bosakUs navySurface navy associationMulti mission surface combatantMarinette marineNavy secretary carlos del toroColumbia class ballistic missile submarinesConstellation class frigateProgram officialMarinette marineConstellation class frigateSurface navyCarlos del toroWorkforce shortages

After years of building up its navy, Saudi Arabia is testing its new warships with real-world missions

The Saudis are changing how their navy operates in response to growing threats and out of a desire to rely less on the US for defense.

Al madinahSaudi arabiaRed seaDjibouti generalUnited statesAl jubailAsh sharqiyahAr riyaUnited kingdomIndian oceanLockheed martinMission surface combatantSaudi naval enhancement programSaudi western fleetYemen based houthisWestern fleet

Saudi Arabia Is Testing Its Growing Navy With Real-World Missions

The Saudis are changing how their navy operates in response to growing threats and out of a desire to rely less on the US for defense.

Ar riyaSaudi arabiaUnited statesAl madinahRed seaDjibouti generalUnited kingdomAl jubailAsh sharqiyahIndian oceanLeonardo jacopo maria mazzuccoLockheed martinRoyal saudi navalStimson centerSaudi naval enhancement programInternational maritime security

Saudi navy assumes new leadership role in US-led maritime coalitions • Stimson Center

As Saudi Arabia increases its naval modernization efforts, the country can secure its national interests while relying less on US protection.

Red seaDjibouti generalAr riyaSaudi arabiaIsrael generalUnited statesUnited kingdomDwightd eisenhowerGeraldr fordRoyal saudi navyKing faisal navalLockheed martinMission surface combatantSaudi naval expansion programInternational maritime securityPersian gulf

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