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Stock Market & Financial Investment News

News Breaks
December 6, 2012
17:18 EDTLMTLockheed Martin awarded $386.69M government contract modification
Lockheed Martin Aeronautics, a unit of Lockheed Martin, is being awarded a not-to-exceed $386.69M modification to the previously awarded F-35 Lightning II Program Air System Low Rate Initial Production Lot 6 Advance Acquisition Contract to provide sustainment support for delivered air systems. Contract funds in the amount of $193.34M will be obligated at time of award, $58.38M of which will expire at the end of the current fiscal year.
News For LMT From The Last 14 Days
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May 24, 2013
08:11 EDTLMTPentagon estimates Lockheed Martin's F-35 fighter costs decline, Bloomberg says
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May 20, 2013
17:14 EDTLMTLockheed 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 EDTLMTLockheed Martin awarded $111.51M U.S. Navy contract
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May 15, 2013
07:12 EDTLMTLockheed CEO sees sequester raising F35 costs, FT reports
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May 13, 2013
11:29 EDTLMTPentagon contracts tumbled in April, Washington Post says
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07:30 EDTLMTTechConnect to host a summit
2013 National Innovation Summit is being held in Washington, D.C. on May 12-16.

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