Stocks and Finance

Lockheed Martin

Lockheed Martin 5/20/2012

06:22 : Lockheed Martin (LMT) has reached new labor deals with the IBEW and OPEIU - Lockheed Martin (LMT) has reached new labor deals with the IBEW and OPEIU unions, which represent 500 workers in total, at its Fort Worth plant. However, a strike by the bigger IAM union, which represents 3,300, has entered a 5th ...
Source : seekingalpha-com

Lockheed Martin 5/1/2012

22:31 : Lockheed Martin Space Systems passes key milestone in weather-satellite ... - Lockheed Martin Space Systems said Tuesday it has successfully completed the government-mandated spacecraft “critical design review” of the next-generation weather-satellite system it has been developing. The review — held April ...
Source : bizjournals-com

Lockheed Martin 4/23/2012

08:35 : Striking Lockheed Martin workers picket in Texas - FORT WORTH, Texas (AP) -- Striking Lockheed Martin workers are picketing outside of a North Texas plant where the aerospace company makes F-35 fighter jets....
Source : usnews-com

Lockheed Martin 4/19/2012

10:31 : Lockheed Martin won’t get $70M bonus from Air Force for GPS work - Lockheed Martin Corp. won’t be able to meet its original cost estimate for building the first two next-generation Global Positioning System satellites and so will not receive a $70 million incentive fee from the Air Force. The Bethesda, ...
Source : bizjournals-com

Lockheed Martin 4/18/2012

11:12 : Lockheed Martin loses $70M over GPS satellite overruns - The U.S. Air Force says defense contractor Lockheed Martin Corp. will lose its entire fee of about $70 million to defray an 18 percent cost overrun on the first of its newly designed Global Positioning System satellites, The Washington ...
Source : bizjournals-com

Lockheed Martin 4/12/2012

06:06 : Investing in Defense Stocks: Why Lockheed Martin (LMT) Is Too Big to Fail - Last year when Congress formed its much-lauded "Supercommittee" to sort out America's debt crisis, there was a lot of handwringing about draconian budget cuts. But true to form, on the eve of an election year, our politicians did nothing and the sequestration ...
Source : moneymorning-com

Lockheed Martin 4/11/2012

17:21 : Lockheed Martin (LMT) showcased its F-35 Lightning II mobile cockpit demon - Lockheed Martin (LMT) showcased its F-35 Lightning II mobile cockpit demonstrator today to state and local elected officials, local suppliers and employees at Northrop Grumman (NOC), a partner on the F-35 ...
Source : seekingalpha-com

Lockheed Martin 4/6/2012

15:14 : Lockheed Martin Lands $1.05B Navy Helicopter Contract - Lockheed Martin (NYSE: LMT) on Thursday received a $1.05 billion, five-year contract from the U.S. Navy to provide over 200 digital cockpits, integrated mission systems and sensors for two of the armed service's helicopters.
Source : ibtimes-com

Lockheed Martin 3/23/2012

16:37 : Lockheed Martin to pay $16M to settle pricing probe - Defense contractor Lockheed Martin agreed Friday to pay nearly $16 million to settle charges that it took part in a seven-year pricing scheme. Lockheed, the eighth-largest employer in Silicon Valley with 7,600 workers, allegedly ...
Source : bizjournals-com

Lockheed Martin 3/16/2012

18:13 : Lockheed Martin (LMT) has been awarded a $715M modified Navy contract ... - Lockheed Martin (LMT) has been awarded a $715M modified Navy contract for the construction of two Littoral Combat Ships. The ships are the third and fourth in a 10-ship contract awarded in December 2010. Post your comment!
Source : seekingalpha-com

Lockheed Martin 3/5/2012

08:25 : RBC upgrades Lockheed Martin (LMT) to outperform from underperform and ... - RBC upgrades Lockheed Martin (LMT) to outperform from underperform and increases its price target to $98/share from $82. RBC cites Lockheed's dividend, which isn't matched by its peers. Shares +1.1% to $89.50 premarket. Post your ...
Source : seekingalpha-com

Lockheed Martin 3/2/2012

12:49 : Air Force awards contract to Lockheed Martin - The U.S. Air Force has awarded Lockheed Martin Corp. with a $70 million contract for long lead items for seven special operations C-130J aircraft, DefenseNews reported. The work is expected to be completed during calendar year 2016. ...
Source : bizjournals-com

Lockheed Martin 2/24/2012

05:52 : Lockheed Martin misses out on $31.5M on F-35 - Bethesda-based Lockheed Martin Corp. missed out on $31.5 million of a potential $52.5 million in annual performance payments because the F-35 fighter failed to reach three milestones, Bloomberg Businessweek reported. Lockheed had ...
Source : bizjournals-com

Lockheed Martin 2/17/2012

06:00 : Lockheed Martin protests Northrop Grumman's contract win - Lockheed Martin Corp. filed a bid protest this week over Northrop Grumman Corp. winning the U.S. Navy's Consolidated Afloat Networks Enterprise Services contract worth up to $637.8 million, Washington Technology ...
Source : bizjournals-com

Lockheed Martin 2/15/2012

15:44 : Lockheed Martin ([[LMT]] -1.5%) makes a great long-term dividend play, ... - Lockheed Martin (LMT -1.5%) makes a great long-term dividend play, according to SA author Sol Palha. The company has a steady 5-year dividend growth rate of 19%, with a sustainable payout ratio of 31%. As for finding the cash to ...
Source : seekingalpha-com

Lockheed Martin 1/30/2012

19:14 : Lockheed Martin Grand Prairie unit gets new work - The Grand Prairie unit of Lockheed Martin (NYSE: LMT) will get some of the manufacturing work from the company’s $921 million in new contracts with the U.S. Army and Taiwan. Lockheed Martin on Monday announced ...
Source : bizjournals-com

Lockheed Martin 1/26/2012

07:26 : Lockheed Martin net off 29% on 4.3% lower sales - NEW YORK (MarketWatch) -- Lockheed Martin Corp., the Bethesda, Md., aerospace-and-defense major, reported fourth-quarter net income fell 29% on 4.3% lower sales. Net income fell to $683 million, or $2.09 a share, from $961 million, ...
Source : marketwatch-com

Lockheed Martin 1/19/2012

05:32 : Contracts could keep Lockheed Martin busy for several years - Officials with Lockheed Martin said this week that demand for its Terminal High Altitude Area Defense system and realistic ballistic missile targets is expected to keep the company's facilities in Alabama busy beyond 2012. According ...
Source : bizjournals-com

Lockheed Martin 1/10/2012

22:13 : NASA chief checks on Orion’s progress at Lockheed Martin Space campus - Big and safe. Those attributes are what sprang to mind for NASA Administrator Charles Bolden standing next to a five-story-tall ground test version of the Orion space capsule on Tuesday. Bolden, the former astronaut who runs NASA visited the Lockheed ...
Source : bizjournals-com

Lockheed Martin 1/2/2012

22:26 : Boeing Defeats Lockheed Martin in $3.5 Billion US Defence Contract - Boeing Co has once again reinstated its position as the prime contractor for US defence deal after defeating Bethesda-based Lockheed Martin in a $3.5 billion worth contract.
Source : ibtimes-com

Lockheed Martin 12/30/2011

23:21 : Lockheed Martin Receives $1.96 Billion THAAD Production Contract for the ... - Lockheed Martin [NYSE: LMT] received an undefinitized contract totaling $1.96 billion to produce the Terminal High Altitude Area Defense (THAAD) Weapo...

Lockheed Martin 12/28/2011

21:09 : Lockheed Martin wins large Antarctic contract - Defense contracting giant Lockheed Martin Corp. won a $1.9 billion contract to run U.S. government research facilities and support operations in Antarctica. Starting April 1, the company will manage the nation’s Antarctic research ...
Source : bizjournals-com

Lockheed Martin 12/27/2011

19:00 : Lockheed Martin (LMT) has been awarded a $485M undefinitized modification - Lockheed Martin (LMT) has been awarded a $485M undefinitized modification to a previously awarded contract to modify the F-35 Lightning II Joint Strike Fighter for the Air Force, Navy, and other Cooperative Partner participants. ...
Source : seekingalpha-com

Lockheed Martin 12/20/2011

03:46 : As expected, Lockheed Martin (LMT) wins a contract to supply 42 stealth ... - As expected, Lockheed Martin (LMT) wins a contract to supply 42 stealth F-35 jets to Japan for an initial $5.33B, beating Boeing (BA) and the Eurofighter Typhoon. The F-35 has been beset by problems, but ...
Source : seekingalpha-com

Lockheed Martin 12/19/2011

22:52 : Lockheed Martin F-35 wins Japan fighter jet deal - TOKYO (Reuters) - Japan has picked Lockheed Martin's F-35 jet as its next mainstay fighter, choosing the radar-evading aircraft over combat-proven but less stealthy rivals, as concern simmers over North Korea and as China ...
Source : reuters-com

Lockheed Martin 12/14/2011

09:10 : Lockheed Martin building new GPS satellite - Lockheed Martin Space Systems Co. started assembling a new generation of GPS satellite Tuesday at an $80 million facility it built at the mouth of Waterton Canyon. The Jefferson County-based company moved parts of the prototype ...
Source : bizjournals-com

Lockheed Martin 12/6/2011

10:45 : DRS Technologies Awarded $691 Million IDIQ Contract From Lockheed Martin ... - PARSIPPANY, NJ--(Marketwire - Dec 6, 2011) - DRS Technologies, Inc., A Finmeccanica Company, announced that its DRS Laurel Technologies business unit, a subcontractor to Lockheed Martin, received an award ...
Source : marketwire-com

Lockheed Martin 12/2/2011

18:53 : Lockheed Martin (LMT) Space Systems division is awarded a $312M contract ... - Lockheed Martin (LMT) Space Systems division is awarded a $312M contract modification for engineering support for the Advanced Extremely High Frequency satellite program. Post your comment!
Source : seekingalpha-com

Lockheed Martin 11/23/2011

10:34 : Lockheed Martin Navy project moves to next phase - The Orlando unit of Lockheed Martin (NYSE: LMT) got a contract to complete the development of the Infrared Search and Track sensor system, or IRST for the Boeing F/A-18E/F Super Hornet aircraft used by the U.S. Navy. ...
Source : bizjournals-com

Lockheed Martin 11/22/2011

04:46 : Lockheed Martin (LMT) has won a contract of up to $7.4B to 'add new capabi - Lockheed Martin (LMT) has won a contract of up to $7.4B to "add new capabilities and enhance the performance" of the Air Force's problem-plagued F-22 Raptor fighter jets. Despite costing $412M each, the U.S.'s most expensive fighter ...
Source : seekingalpha-com
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