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News Breaks | | | | November 7, 2012 | | 14:21 EDT |  | LMT, RTN | Qatar, 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 | |
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News For LMT;RTN From The Last 14 Days Check below for free stories on LMT;RTN the last two weeks. |
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| May 22, 2013 | | 07:32 EDT |  | RTN | Raytheon receives Defense Acquisition board approval for Missile-6 production
 Subscribe for More Information | | | May 20, 2013 | | 17:14 EDT | | LMT | Lockheed Martin awarded $29.73M government contract modification
Lockheed Martin was awarded a sole-source, cost-plus-incentive-fee/cost-plus-award-fee contract modification. The value of this contract modification is $29.73M, increasing the total contract value from $1.41B to $1.44B. Under this modification, the contractor shall provide system engineering and program management services in accordance with established Aegis system engineering practices for the post certification support of Aegis Ballistic Missile Defense baselines 4.0.X, 5.0 and 5.0 capability upgrade. Work is expected to be completed Dec. 31, 2014. | | | 17:10 EDT | | LMT | Lockheed Martin awarded $111.51M U.S. Navy contract
Subscribe for More Information | | | 08:31 EDT | | RTN | Raytheon awarded contract by U.S. Air Force to build ATC systems
Subscribe for More Information | | | May 15, 2013 | | 07:12 EDT | | LMT | Lockheed CEO sees sequester raising F35 costs, FT reports
Subscribe for More Information | | | May 13, 2013 | | 11:29 EDT | | LMT, RTN | Pentagon contracts tumbled in April, Washington Post says
Subscribe for More Information | | | 07:30 EDT |  | LMT | TechConnect to host a summit
2013 National Innovation Summit is being held in Washington, D.C. on May 12-16. | | | May 10, 2013 | | 07:53 EDT |  | RTN | Raytheon price target raised to $73 from $63 at Stifel
Stifel increased its price target on Raytheon after meeting with the company's management, as the firm is upbeat on the company's business trends. The firm is confident about Raytheon's ability to sustain its margins and generate growth from international deals, and it expects the stock's multiple to rise later this year. The firm keeps a Buy rating on the shares. | | | May 9, 2013 | | 08:39 EDT | | LMT | ITT Exelis awarded $9.4M contract from Lockheed Martin
ITT Exelis (XLS) announced it received a $9.4M contract from Lockheed Martin Aeronautics (LMT) to supply the Continuous Wave Illuminator subsystem for the F-16 Fighting Falcon. Deliveries will be completed by December 2014. | |
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