News Breaks |
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| December 12, 2012 |
| 19:07 EDT |  | LMT, UTX | Pentagon to pay 4% less for Lockheed's F-35 fighters, Reuters reports
The Pentagon will pay about $107M for each F-35 it contracts as part of a $3.8B agreement with Lockheed Martin (LMT) it is set to sign Friday, according to a Reuters report that cites sources. The Air Force paid $111.6M, or about 4% more than the Pentagon, per F-35 in a previous contract with Lockheed, and the Defense Department is said to be negotiating a separated contract with Pratt & Whitney, a unit of United Technologies (UTX), for jets to power the planes. Reference Link |
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News For LMT;UTX From The Last 14 Days Check below for free stories on LMT;UTX the last two weeks. |
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| May 21, 2013 |
| 07:18 EDT |  | UTX | Electrical Products Group to host a conference
2013 EPG Conference is being held on Longboat Key, Florida on May 20-22 with webcasted company presentations to begin on May 21 at 7:30 am; not all company presentations may be webcasted. Webcast Link |
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| 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. |
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| 17:10 EDT | | LMT | Lockheed Martin awarded $111.51M U.S. Navy contract
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| May 15, 2013 |
| 07:12 EDT | | LMT | Lockheed CEO sees sequester raising F35 costs, FT reports
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| May 13, 2013 |
| 11:29 EDT | | LMT | Pentagon contracts tumbled in April, Washington Post says
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| 10:01 EDT | | UTX | Sikorsky S-76D helicopter achieves certification in Mexico
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| 07:30 EDT |  | LMT | TechConnect to host a summit
2013 National Innovation Summit is being held in Washington, D.C. on May 12-16. |
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| 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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| May 8, 2013 |
| 07:18 EDT | | LMT | Lockheed Martin to host a conference
13th Annual Information Technology Day is being held in Kennewick, Washington on May 8. |
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