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Stock Market & Financial Investment News

News Breaks
March 21, 2014
10:01 EDTGD, LMTGeneral Dynamics unit awarded $26M contract from Lockheed Martin
General Dynamics Advanced Information Systems, a business unit of General Dynamics (GD), was recently awarded a $26M contract from Lockheed Martin to support the U.S. Air Force Global Positioning System III Network Communications Element. The Air Force's next-generation GPS III satellites will improve position, navigation and timing services and provide advanced anti-jam capabilities yielding superior system security, accuracy and reliability.
News For GD;LMT From The Last 14 Days
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June 29, 2015
17:23 EDTLMTLockheed Martin awarded $119.2M government contract
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09:33 EDTLMTLockheed Martin signs purchase agreements with Airbus for two flight simulators
Lockheed Martin (LMT) Commercial Flight Training and Airbus (EADSY) have signed a frame contract enabling Airbus to expedite procurement of flight simulation devices for their customers, Airbus training centers and their affiliates worldwide. The frame contract emphasizes the shared intent to partner on future training programs, and combines Airbus' and Lockheed Martin Commercial Flight Training's expertise in the flight simulation industry. As a first example of this process, Airbus Mexico Training Centre has ordered two LMCFT A320 full flight simulators for their operations in Mexico City and Monterrey to be delivered in late 2015 and early 2016.
07:22 EDTGDBWX Technologies would be M&A fit for Huntington Ingalls, says Deutsche Bank
Deutsche Bank noted that the planned spin-off of BWX Technologies (BWXT) from Babcock & Wilcox (BWC) is scheduled to be completed this week on July 1, stating that it believes the spun off company is likely to attract the attention of strategic players such as Huntington Ingalls (HII) and General Dynamics (GD). The firm thinks the potential M&A fit looks "most striking" for Huntington and estimates that a deal multiple could reach 10-11X the about $300M in EBITDA at BWX Technologies, which would likely be "worth the stretch" for the shipbuilder.
June 26, 2015
07:26 EDTGD, LMTSRA International exploring sale or IPO, Reuters reports
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June 25, 2015
17:23 EDTLMTLockheed Martin awarded $237.77M government contract
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June 24, 2015
18:21 EDTLMTLockheed Martin awarded $480M government contract
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10:00 EDTGDGeneral Dynamics receives $219M order for US Army's WIN-T increment 2 systems
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June 23, 2015
16:22 EDTLMTAerojet Rocketdyne awarded contract by Lockheed Martin
Aerojet Rocketdyne (AJRD) recently was awarded a contract from Lockheed Martin (LMT) to deliver XR-5 Hall Effect and MR-510 Arcjet electric propulsion subsystems, as well as monopropellant rocket engines for the modernized A2100 satellite. The contract is for delivery of the flight propulsion subsystems aboard two modernized A2100 satellites that Arabsat recently ordered from Lockheed Martin.
June 22, 2015
17:21 EDTLMTLockheed Martin awarded maximum $870M government contract modification
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