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Stock Market & Financial Investment News

News Breaks
November 7, 2012
14:21 EDTLMT, RTNQatar, UAE request sale of U.S. missile defense systems, Aljazeera says
Qatar requested the possible sale of two THAAD fire units, 12 launchers, 150 interceptors and support and training for an estimated cost of $6.5B, while the United Arab Emirates, which has already ordered THAAD weapons systems, requested an add on order for equipment valued at $1.135B, reported Aljazeera, citing notifications posted to the Pentagon's website late on Monday. The Terminal High-Altitude Area Defence, or THAAD, weapon systems are produced by Lockheed Martin (LMT), though Raytheon (RTN) is another key contractor on the program, the report noted. Reference Link
News For LMT;RTN From The Last 14 Days
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February 27, 2015
18:10 EDTLMTLockheed Martin, United Technologies JV awarded $2B government contract
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February 26, 2015
17:31 EDTRTNRaytheon awarded $122.4M government contract
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08:15 EDTRTNRaytheon awarded $33M contract by U.S. Air Force
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07:12 EDTRTNUBS to hold a conference
Aerospace & Defense, Airlines & Lessors 1:1 Conference is being held in Boston on February 26.
February 25, 2015
12:31 EDTLMTLockheed Martin awarded two Navy contracts totalling $90M
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February 24, 2015
17:19 EDTLMTLockheed Martin awarded $129M government contract modification
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05:29 EDTRTNRaytheon and NIMR to integrate TALON laser guided rockets on UAE ground vehicle
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05:23 EDTRTNRaytheon and Boeing partner to provide solutions to Royal Saudi Air Force
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February 23, 2015
13:30 EDTLMTIsrael to purchase another 14 of Lockheed Martin's F-35s, Globes says
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09:59 EDTRTNOn The Fly: Analyst Upgrade Summary
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07:26 EDTRTNRaytheon upgraded to Buy from Neutral at Buckingham
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06:42 EDTLMTLockheed Martin to pay $62M to settle retirement plan lawsuit, WSJ says
Lockheed Martin will pay $62M to settle a civil suit alleging its 401(k) plan charged unreasonable fees, reports the Wall Street Journal, citing legal filings and company statements. As part of the settlement, Lockheed will also have to submit monthly evaluations of certain aspects of its plan, offer new low-cost funds, and solicit bids from at least three large firms to serve as administrative managers of the company's retirement plans. Reference Link
February 19, 2015
09:38 EDTLMTLockheed Martin says getting 'very excited' for laser weapon development
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09:13 EDTLMTLockheed says international growth would still be fairly healthy excluding F-35
Lockheed says F-35 makes up "lion's share" of growth internationally and domestically. Lockheed Martin CFO Bruce Tanner is speaking at the Barclays Industrial Select Conference.
07:46 EDTLMTAustralia opens bids for $8B armored vehicle defense contract, WSJ says
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07:02 EDTRTNDucommun receives $7.3M Tomahawk missile contract from Raytheon
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05:55 EDTLMTLockheed Martin on track to cut cost of F35 jets by 30%, Financial Times reports
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February 18, 2015
16:06 EDTLMTLockheed Martin names Dana Jackson as Chief Technology Officer
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February 17, 2015
08:02 EDTRTNRaytheon awarded $15.5M system development contract by US Navy
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