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Stock Market & Financial Investment News

News Breaks
January 27, 2014
06:02 EDTEMC, LMTLockheed, EMC invest $1M to set up joint Israeli center, Globes says
Lockheed Martin (LMT) and EMC (EMC) are reportedly investing $1M to establish a joint Israeli center, according to Globes, citing EMC Israel Center's general manager. Reference Link
News For LMT;EMC 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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10:02 EDTEMCHP deal for EMC 'more than a distinct possibility,' says Raymond James
Noting that shares of both HP (HPQ) and EMC (EMC) have been stagnant, Raymond James analyst Brian Alexander repeated that he believes shareholders of both would earn substantial returns from a deal between the two and that he thinks an HP acquisition of EMC is "more than a distinct possibility." Alexander previously said in a note to investors on June 4 that he believed HP will ultimately buy EMC, including VMware (VMW). Assuming EMC is acquired for $32-$34 at various combinations of debt/stock, accretion for HP ranges from 39%-52%, Alexander calculates. Raymond James has a Market Perform rating on HP, a Strong Buy rating on EMC and an Outperform rating on VMware.
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.
June 26, 2015
07:26 EDTLMTSRA 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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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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June 17, 2015
10:10 EDTEMCClusterHQ announces collaboration with EMC
ClusterHQ announced integration between ClusterHQ's Flocker container data management software and EMC's ScaleIO and EMC XtremIO storage solutions. As a result, developers and operations teams can architect and manage storage backends for Docker-based applications. EMC collaborated with ClusterHQ to develop pluggable storage drivers for ScaleIO and XtremIO solutions that enable flexible and portable shared storage for Docker.
09:07 EDTLMTLockheed Martin to provide Sniper targeting pods to Jordanian Air Force
Lockheed Martin received a contract to deliver 10 Sniper Advanced Targeting Pods to the Royal Jordanian Air Force in support of urgent operational requirements.
08:07 EDTLMTLockheed Martin to deliver B737-NG simulator to Southeast Asia training center
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June 16, 2015
11:01 EDTLMTRaytheon, Bombardier, Lockheed Martin join forces for JSTARS Recap program
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09:08 EDTLMTUS Army and Javeline JV conducts successful live-fire tests
The U.S. Army and the Javelin Joint Venture, comprising Raytheon (RTN) and Lockheed Martin (LMT), recently conducted successful live-fire Javelin missile engagements against tank targets from different launcher and platform configurations as part of a demonstration to current foreign military sales users. Each of the three Javelin missiles used during the tests at Redstone Arsenal in Huntsville, Alabama, was fired from a different launcher or platform from a Command Launch Unit; from a vehicle using a Remote Weapon Station; and from the U.S. Army's recently deployed Containerized Weapon System, also using a RWS. The CLU-launched missile hit a target at 4,000 meters, while the vehicle-launched and CWS-launched missiles hit targets positioned at 1,100 meters and 700 meters, respectively.
06:10 EDTLMTAirbus, Boeing, Lockheed among companies eyeing Sikorsky, WSJ says
Guillaume Faury, the president of Airbus Helicopters (EADSY), is said to be watching United Technologies' (UTX) plan to offload its Sikorsky unit, though Airbus has not committed to making a bid for its rival, The Wall Street Journal reports. United Tech said yesterday that it will sell or spin off Sikorsky, which makes Black Hawk helicopters, within the next two months. Sources say that in addition to Airbus potentially being interested in Sikorsky, there is also interest coming from Lockheed Martin (LMT), Boeing (BA) and Textron (TXT). Reference Link

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