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Stock Market & Financial Investment News

News Breaks
January 11, 2013
11:37 EDTLMTTurkey delays purchase of F-35 jets, Agence France-Presse says
Turkey said it had postponed a previous order to buy two of Lockheed Martin's (LMT) F-35 fighter jets due to technical problems and rising costs, according to Agence France-Presse. The country, however, added that it still plans to buy 100 F-35 jets eventually, the news service added. 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.
May 9, 2013
08:39 EDTLMTITT 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.
May 8, 2013
07:18 EDTLMTLockheed Martin to host a conference
13th Annual Information Technology Day is being held in Kennewick, Washington on May 8.

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