Lockheed Martin Corporation
Lockheed Martin Amends Credit Agreement and Updates F-35 Technology
Summary
Lockheed Martin Corporation amended its existing $3.0 billion Revolving Credit Agreement, extending its maturity date by one year to August 24, 2029. The amendment also removes a financial maintenance covenant. Additionally, the company disclosed an agreement with the U.S. government's F-35 Joint Program Office for the delivery of Technology Refresh 3 enabled aircraft with combat training capability.
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About Lockheed Martin Corporation
Lockheed Martin Corporation is a prominent player in the aerospace, defense, and security sectors, globally recognized for its advanced technology and innovation. Primarily engaged in the research, design, development, manufacture, and integration of advanced technology systems, Lockheed Martin plays a crucial role in supporting national and international security. The company's extensive portfolio includes aeronautics, rotary and mission systems, space systems, and missiles and fire control. Its aeronautics division is renowned for producing fighter jets like the F-35 Lightning II and the F-22 Raptor, while its space segment focuses on satellite systems and space exploration initiatives. Lockheed Martin serves a diverse clientele, including the U.S. Department of Defense, allied nations, civil markets, and commercial clients, leveraging its vast technological capabilities to enhance security and defense infrastructures. With a significant presence across the globe, Lockheed Martin Corporation not only fosters innovation in defense but also impacts critical areas such as cybersecurity, energy, and logistics, solidifying its integral role in the defense industry.
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