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Stock Market & Financial Investment News

News Breaks
May 29, 2014
08:05 EDTASTC, LMTLockheed Martin to acquire Astrotech Space Operations business
Lockheed Martin (LMT) has entered into a definitive agreement to acquire the assets of the Astrotech Space Operations business of Astrotech Corporation (ASTC). The terms of the agreement are not material to Lockheed Martin. Subject to the satisfaction of customary closing conditions, including approval by the Astrotech Corporation shareholders, the transaction is expected to close in the third quarter of 2014. Upon closing, Astrotech Space Operations will be operated as a wholly-owned subsidiary of Lockheed Martin and managed by the corporation's Space Systems business area.
News For LMT;ASTC From The Last 14 Days
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May 27, 2015
09:07 EDTLMTLockheed Martin awarded 472M contract from U.S. Coast Guard
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May 26, 2015
20:44 EDTASTCMarcum to hold a conference
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07:10 EDTLMTLockheed Martin, Boeing may bid for GBP2B MoD contract, Independent says
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May 21, 2015
17:31 EDTLMTLockheed Martin awarded $735.51M government contract
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May 20, 2015
08:27 EDTLMTIBM unit sale to Lenovo raises saftey concerns for Navy, WSJ reports
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06:06 EDTLMTUnited Technologies in talks to sell Sikorsky unit, WSJ reports
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May 18, 2015
10:09 EDTLMTLockheed Martin to provide online flight planning services under FAA contract
The FAA) has selected Lockheed Martin to provide online flight service tools to the general aviation community, helping them to plan and navigate the national airspace Under the Direct User Access Terminal Service II contract, Lockheed Martin expands their current work to provide weather information, flight plan processing and in-flight support to pilots.
May 15, 2015
18:12 EDTLMTLockheed Martin, Boeing JV to cut executive ranks by 30%, Reuters reports
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08:00 EDTLMTReport claims Lockheed beats Raytheon for missile shield pact, Reuters says
German newspaper Sueddeutsche Zeitung reported that Germany's defense ministry has decided to award a Lockheed Martin (LMT) led consortium one of the most expensive defense projects of the next decade by supposedly selecting its MEADS missile defense system over Raytheon's (RTN) next-generation Patriot system, though a U.S.-based source called the German report "absolutely incorrect," according to Reuters. Reference Link
May 14, 2015
11:09 EDTASTCAstrotech unit awarded patent for mass spectrometer gain control technology
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May 13, 2015
10:05 EDTLMTLockheed Martin receives $174M FMS contract for ATACMS production
Lockheed Martin received a $174M Foreign Military Sales contract for Army Tactical Missile System production for the U.S. Army and the United Arab Emirates. ATACMS is the U.S. Army's only tactical long-range precision-strike surface-to-surface weapon system. All production on this contract will be conducted at Lockheed Martin's award-winning facility in Camden, Arkansas.

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