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Stock Market & Financial Investment News

News Breaks
December 17, 2012
07:33 EDTLMTPentagon finalizes $3.8B deal with Lockheed Martin for 32 F-35s, Reuters reports
The Defense Department finalized a contract for the purchase of a fifth group of radar-evading F-35 fighter aircraft from Lockheed Martin Corp. (LMT), in a deal valued at $3.8B for 32 planes, the costliest weapons program in U.S. history, reports Reuters. Reference Link
News For LMT From The Last 14 Days
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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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