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Stock Market & Financial Investment News

News Breaks
January 2, 2013
14:56 EDTBAESY, LMTLockheed Martin, BAE Systems to bid for British air contract, Telegraph says
A number of companies, including Lockheed Martin (LMT) and BAE Systems (BAESY), will bid over the next few days for a GBP1.5B contract to replace Britainís military air traffic infrastructure, The Telegraph reported. The winning bid is expected to be announced in 2015, the publication added. Reference Link
News For LMT;BAESY From The Last 14 Days
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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 27, 2015
11:48 EDTBAESYBAE Systems management to meet with Jefferies
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August 26, 2015
16:26 EDTLMT, BAESYOn The Fly: Top stock stories for Wednesday
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11:08 EDTBAESY, LMTOshkosh upgraded after JLTV contract win, but BofA says 'sell the news'
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06:13 EDTBAESY, LMTBAE 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.
August 20, 2015
13:35 EDTBAESYBAE Systems awarded $50M munitions contract for MK 90 propellant grains
The U.S. Army has awarded BAE Systems a $50M contract for the continued production of MK 90 propellant grains. The MK 90 propellant grain is the propulsion component of the Hydra 70 family of rockets used by the U.S. military and several allied nations to support overseas operations. BAE Systems began producing MK 90 propellant grains in October 2012, with the first delivery occurring in August 2013. To date, approximately 500,000 grain units have been delivered to the U.S. Department of Defense. Production for this current contract will begin in 2016 and continue through 2017.
10:00 EDTLMTOn The Fly: Analyst Upgrade Summary
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08:51 EDTLMTLockheed Martin upgraded on free cash flow outlook at Sterne Agee CRT
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06:03 EDTLMTLockheed Martin upgraded to Buy from Neutral at Sterne Agee CRT
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August 19, 2015
10:40 EDTBAESYBAE Systems awarded modification contract valued at $46M by U.S. Air Force
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10:10 EDTLMTCiti says Army contract could be worth $30B, ups Oshkosh to Buy
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