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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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September 4, 2015
17:32 EDTLMTLockheed Martin awarded $428M government contract
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17:12 EDTGDGeneral Dynamics awarded $450M government contract
General Dynamics Information Technology, Fairfax, Virginia was awarded a competitive, single award, indefinite-delivery/indefinite-quantity contract to provide communications systems acquisition, integration, installation, operations & maintenance in support of United States Air Forces Central Command deployed mission requirements. The face value of this action is $450M. The minimum guarantee of $5,000 will be satisfied through issuance of Task Order 0001, which will coincide with contract award and be funded by fiscal 2015 operations and maintenance appropriations. Performance will be at USAFCENT locations throughout Southwest Asia. Proposals were solicited via FedBizOpps, and five proposals were received. The ordering period consists of a one-year base period with four, one-year options for a total contract life cycle of 5 years. The period of performance for the base period is through Sept. 3, 2016. The Defense Information Technology Contracting Organization, Scott Air Force Base, Illinois, is the contracting activity.
September 3, 2015
05:56 EDTLMTBoeing, Northrop Grumman submit designs for Air Force bomber, Bloomberg reports
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September 1, 2015
17:37 EDTLMTLockheed Martin awarded $311.4M government contract
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August 31, 2015
17:35 EDTLMTLockheed Martin awarded $430.88M government contract
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August 26, 2015
16:26 EDTLMTOn The Fly: Top stock stories for Wednesday
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11:08 EDTLMTOshkosh upgraded after JLTV contract win, but BofA says 'sell the news'
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06:13 EDTLMTBAE Systems loses multibillion dollar bid to build new Humvee, U.K. Times says
BAE Systems (BAESY) has lost out on a bid to build new Humvees for the U.S. Army, The U.K. Times. The Army selected Oshkosh (OSK) for the $6.7B contract over BAE, which was part of a consortium led by Lockheed Martin (LMT), and AM General, which built the original Humvees. Reference Link
August 24, 2015
08:33 EDTLMTOrbital ATK signs contract with Lockheed to produce propellant tanks
Orbital ATK (OA) announced that it recently signed a contract with Lockheed Martin (LMT) to produce propellant and pressurant tanks for Lockheed Martin's updated A2100 satellite platform. The five-year contract continues a 20-year relationship between Orbital ATK and Lockheed Martin for satellite fuel tanks produced by the company's Space Systems Group in Commerce, California. Under this new contract, which extends through March 2020, Orbital ATK will produce all of the modernized A2100 flight sets for the next five years.

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