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Stock Market & Financial Investment News

News Breaks
March 14, 2013
07:37 EDTUTX, LMTSingapore expected to order dozens of F-35 fighter planes, Reuters reports
Singapore is in the "final stages of evaluating" the F-35 to upgrade its air force, and sources say that should quickly result into orders for several dozen of the stealthy warplanes, reports Reuters. Reference Link
News For LMT;UTX From The Last 14 Days
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April 17, 2014
08:34 EDTLMTFCC to hold a workshop
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06:21 EDTLMTLockheed Martin's F-35 to debut at overseas airshow this summer, WSJ reports
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April 15, 2014
13:56 EDTLMTPentagon to cut 17 F-35 Lockheed fighters it planned to buy, Bloomberg says
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12:01 EDTUTXUTC Aerospace Systems, AVIC EM open electric system JV facility
UTC Aerospace Systems and AVIC Electromechanical Company Limited announced the opening of their joint venture facility: Xi'an AVIC Hamilton Sundstrand Aviation Electric Co., located within the Xi'an Hi-tech Industries Development Zone. The joint venture was formed to develop and manufacture the electric power system for the new C919 jetliner, built by Commercial Aviation Corporation of China. UTC Aerospace Systems is a unit of United Technologies and AVIC EM is a subsidiary of Aviation Industry Corporation of China. AUAE is a 50-50 joint venture established by UTC Aerospace Systems' Hamilton Sundstrand Holdings, Inc. and AVIC EM's subsidiary Shaanxi Aero Electric Co., Ltd. to develop and manufacture electric power systems for COMAC's C919 as well as supply UTC Aerospace Systems equipment for the international market.
10:02 EDTLMTLockheed awarded $10M contract from U.S. Naval Sea Systems Command
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April 14, 2014
07:06 EDTLMTU.S. Geospatial Intelligence Foundation to hold a symposium
GEOINT 2013 Symposium, originally scheduled for October 2013, is being held in Tampa, Florida on April 14-17.
April 9, 2014
16:08 EDTLMTNorthrop Grumman ships payload module two months early
Northrop Grumman (NOC) shipped the fourth Advanced Extremely High Frequency satellite payload module nearly two months early, at Lockheed Martin (LMT) Space Systems, Sunnyvale, Calif., AEHF system prime contractor.Complete payload delivery is expected to finish a full six months early.
07:21 EDTLMT, UTXPentagon expects Lockheed, Pratt deal on F-35 lot by May's end, Reuters says
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April 8, 2014
08:33 EDTUTXUTC Aerospace Systems business signs agreement with JetBLue Airways
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April 7, 2014
15:03 EDTUTXUnited Technologies unit to provide engines for 30 more Lufthansa A320neos
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April 5, 2014
13:15 EDTUTXUnited Technologies shares could climb another 10%, Barron's says
United Technologies could climb another 10% in the next year in addition to a 2% dividend yield, Barron's contends in a follow up article. Reference Link
April 4, 2014
06:40 EDTLMTSpaceX to compete with Boeing-Lockheed JV for satellite launch, WSJ says
Elon Musk's SpaceX is expected to compete with a joint venture between Boeing (BA) and Lockheed Martin (LMT) for a contest to launch a military satellite next year, reports the Wall Street Journal. The Defense Department has also put a study into developing a new rocket engine that could reduce reliance on the Russian engine used on a rocket employed by Boeing-Lockheed JV. Reference Link

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