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Stock Market & Financial Investment News

News Breaks
May 28, 2014
10:01 EDTHII, LMTLockheed Martin awarded additional $69M C4ISR contract
Lockheed Martin (LMT) announced it received a $69M contract from Huntington Ingalls Industries (HII) to provide the Command, Control, Communications, Computers, Intelligence, Surveillance and Reconnaissance, or C4ISR, system for the U.S. Coast Guard's seventh National Security Cutter, the future USCGC Kimball.
News For LMT;HII From The Last 14 Days
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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 19, 2015
09:58 EDTHIIOn The Fly: Analyst Downgrade Summary
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08:04 EDTHIIHuntington Ingalls downgraded to Neutral from Buy at BofA/Merrill
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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 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.
May 8, 2015
10:01 EDTHIIOn The Fly: Analyst Downgrade Summary
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08:38 EDTHIIHuntington Ingalls downgraded on played out thesis at Bernstein
As noted earlier, Bernstein downgraded Huntington Ingalls to Market Perform from Outperform. The firm says its thesis based on increases in the company's margins and free cash flow has played out. Target to $142 from $158.
07:05 EDTHIIHuntington Ingalls downgraded to Market Perform from Outperform at Bernstein
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