|January 24, 2013|
|06:57 EDT||LMT||Lockheed 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
|November 19, 2015|
|10:01 EDT||LMT||Lockheed Martin selected by Swedavia to deliver new operational systems|
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|November 18, 2015|
|07:42 EDT||LMT||Lockheed Martin reinstated with a Neutral at Credit Suisse|
|November 17, 2015|
|18:45 EDT||LMT||Lockheed Martin receives FAA approval for hybrid airship certification plan|
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|November 16, 2015|
|19:40 EDT||LMT||Lockheed Martin-Boeing JV won't bid for next U.S. satellite launch, Reuters says|
Lockheed Martin (LMT) and Boeing's (BA) joint venture won't bid for the next U.S. GPS satellite launch due to the structure of the competition and because the venture didn't have engines for its Atlas 5 rocket. Reference Link
|10:27 EDT||LMT||Harris & Harris says D-Wave enters into multi-year deal with Lockheed Martin |
Harris & Harris Group (TINY) notes that its portfolio company, D-Wave Systems, Inc., announced that it has entered into a multi-year agreement with Lockheed Martin (LMT) to upgrade the company's 512-qubit D-Wave Two quantum computer to the new D-Wave 2X system with 1,000+ qubits. This represents the second system upgrade since Lockheed Martin became D-Wave's first customer in 2011 with the purchase of a 128-qubit D-Wave One system. The agreement includes the system, maintenance and associated professional services. The new system will be hosted at the University of Southern California-Lockheed Martin Quantum Computation Center, which first began exploring the power of quantum computing with the D-Wave One, the world's first quantum computer. The installation of the D-Wave 2X system is expected to be completed in January 2016.
|09:03 EDT||LMT||Lockheed Martin entered into multi-year agreement with D-Wave Systems |
D-Wave Systems announced that it has entered into a multi-year agreement with Lockheed Martin to upgrade the company's 512-qubit D-Wave Two quantum computer to the new D-Wave 2X system with 1,000+ qubits. This represents the second system upgrade since Lockheed Martin became D-Wave's first customer in 2011 with the purchase of a 128-qubit D-Wave One system. The agreement includes the system, maintenance and associated professional services.