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Stock Market & Financial Investment News

News Breaks
April 9, 2012
13:02 EDTLMTCanada to limit spending on F-35 planes, Defense News reports
The Canadian government has decided to limit the amount it will spend on Lockheed Martin's (LMT) F-35 planes to $8.9B, after an audit found that the country's Department of National Defense withheld key information from Parliament about the proposed acquisition of the plane, Defense News reported yesterday. Reference Link
News For LMT From The Last 14 Days
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March 6, 2015
06:57 EDTLMTGoogle pursues commercialization rather than DARPA contract for robot, WSJ says
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March 5, 2015
06:16 EDTLMTPentagon delays bomber contract until summer, WSJ says
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March 4, 2015
06:33 EDTLMTHP, IBM, others could be interested in Novetta, Reuters reports
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06:05 EDTLMTLockheed Martin, Raytheon compete for Europe missile deals, Financial Times says
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February 27, 2015
18:10 EDTLMTLockheed Martin, United Technologies JV awarded $2B government contract
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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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February 23, 2015
13:30 EDTLMTIsrael to purchase another 14 of Lockheed Martin's F-35s, Globes says
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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

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