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Elsight collaborated with Lockheed Martin to integrate Elsight's Halo connectivity platform with the Indago 4 Uncrewed Aerial System, enhancing its capabilities for beyond visual line-of-sight (BVLOS) flights. The Halo system ensures continuous connectivity through diverse IP links, improving situational awareness and data transmission for defense, public safety, surveillance, and remote inspection applications.
Lockheed Martin's X-62A VISTA aircraft, equipped with AI technology, hosted U.S. Air Force Secretary Frank Kendall for flights to test and advance AI-enabled autonomous flight capabilities. The AI pathfinder facilitates the development and testing of cutting-edge AI techniques for uncrewed vehicles. With over 100,000 lines of flight-critical software changes completed, the platform demonstrates the potential of AI in aerospace innovation.
Lockheed Martin's board of directors declared a second quarter 2024 dividend of $3.15 per share, payable on June 28, 2024. Thomas J. Falk was elected as the new independent lead director of the board, succeeding Daniel F. Akerson. Falk, a member of the board since 2010, will take over the role's responsibilities, including presiding over executive sessions and providing feedback to management.