Lockheed Martin reseller partner Hybrid Enterprises has received a letter of intent from Straightline Aviation for the purchase of 12 Lockheed-built Hybrid Airships worth an estimated $480 million. Hybrid Enterprises has started negotiations with SLA regarding the purchase agreement and works to finalize the sales of the cargo and passenger transport aircraft, Lockheed said Wednesday. Lockheed selected Hybrid Enterprises in June 2015 […] More

Lockheed Martin’s Skunk Works business has developed a prototype of a hybrid airship built to transport personnel and cargo to remote areas, the Los Angeles Times reported Wednesday. Samantha Masunaga writes Lockheed expects the 21-metric-ton LMH-1 airship to have its initial flight by late 2017 and start commercial operations by the end of 2018. Craig […] More