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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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March 27, 2015
17:08 EDTLMTLockheed Martin awarded $485M government contract
Lockheed Martin Missiles and Fire Control, Orlando, Florida, has been awarded a $485M firm fixed price with minimal cost-plus-fixed-fee, indefinite-delivery/indefinite-quantity contract. Contractor will provide multiple Sniper advanced targeting pods including initial spares, 1K forward-looking infrareds, and two-way data links. It also includes other items as specified in the contract. Work will be performed at Orlando, Florida, and is expected to be complete by March 26, 2018. This contract involves foreign military sales. This award is the result of a sole-source acquisition. Air Force Life Cycle Management Center, Robins Air Force Base, Georgia, is the contracting activity.
March 25, 2015
06:34 EDTLMTLockheed Martin likely to miss out on portion of F-35 incentive fee, WSJ says
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March 23, 2015
10:24 EDTLMTRADA Electronic selected by Lockheed Martin for laser weapon research projects
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08:13 EDTLMTBofA/Merrill airlines/aerospace analysts hold analyst/industry conference call
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08:01 EDTLMTBofA/Merrill industrials/EU autos analysts hold analyst/industry conference call
Analysts provide a discussion of the key takeaways from the recently held Global Industrials & European Autos Conference on an Analyst/Industry conference call. to be held on March 23 at 10 am.
07:35 EDTLMTLockheed working to resolve technical error with GPS satellites, Reuters says
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March 17, 2015
14:41 EDTLMTLockheed Martin nearing F-16 upgrade deal with Singapore, Defense News says
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07:18 EDTLMTSatellite & Access Intelligence to hold a exhibition
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