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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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May 27, 2015
09:07 EDTLMTLockheed Martin awarded 472M contract from U.S. Coast Guard
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May 26, 2015
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.
05:16 EDTRTNRaytheon secures contract with Honda in Europe
Raytheon Professional Services GmbH, or RPS, a subsidiary of Raytheon (RTN), has signed a long-term contract with Honda Motor Europe Limited (HMC) for the outsourcing of all development of their Pan-European dealer training, as well as domestic training delivery operations in the UK and Germany. As part of the contract, RPS will manage Pan-European curriculum content development, product launch training and Learning Management System administration and support. RPS' training services will cover Honda's complete product range including Cars, Motorcycles and Power Products, and will extend to all sales, aftersales, technical, and management personnel. The contract also includes the outsourcing and management of Honda's accredited apprenticeship program, across the whole product range, in the UK. Students will be able to achieve either an Intermediate or Advanced apprenticeship through the program.
May 15, 2015
18:12 EDTLMTLockheed Martin, Boeing JV to cut executive ranks by 30%, Reuters reports
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08:32 EDTRTNCitigroup aerospace/defense analyst holds analyst/industry conference call
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08:00 EDTRTN, LMTReport 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

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