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Stock Market & Financial Investment News

News Breaks
January 24, 2013
06:57 EDTLMTLockheed Martin reports Q4 Aeronautics revenue up 7% to $4.14B
Aeronautics' net sales for the quarter ended Dec. 31, 2012 increased $286M, or 7%, compared to the same period in 2011. The increase was attributable to higher net sales of approximately $165M from C-5 programs due to higher aircraft deliveries; and about $130M from C-130 programs primarily due to higher aircraft deliveries. Partially offsetting the increases were lower net sales of approximately $20M from F-16 programs as lower volume on sustainment activities due to the completion of modification programs for certain international customers more than offset increased F-16 aircraft deliveries. Net sales from F-35 contracts and the F-22 program were comparable to the same period in 2011.
News For LMT From The Last 14 Days
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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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