Stock Market & Financial Investment News

News Breaks February 19, 2013 17:28 EDT LMT Lockheed Martin awarded option on $225M government contract Lockheed Martin was issued a modification exercising the third option period on contract SPM540-06-D-BP01. The award is a fixed-price with economic price adjustment, industrial product-support vendor contract with a maximum $225M for broad supply-chain management and logistical support of spare parts and industrial hardware relating to maintenance, overhaul and repair missions. Locations of performance are Georgia, Oklahoma and Utah with an April 19, 2016 performance completion date. News For LMT From The Last 14 Days Check below for free stories on LMT the last two weeks. Sign up for a free trial to see the rest of the stories you've been missing. May 24, 2013 08:11 EDT LMT Pentagon estimates Lockheed Martin's F-35 fighter costs decline, Bloomberg says Subscribe for More Information May 20, 2013 17:14 EDT LMT Lockheed 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 EDT LMT Lockheed Martin awarded $111.51M U.S. Navy contract Subscribe for More Information May 15, 2013 07:12 EDT LMT Lockheed CEO sees sequester raising F35 costs, FT reports Subscribe for More Information May 13, 2013 11:29 EDT LMT Pentagon contracts tumbled in April, Washington Post says Subscribe for More Information 07:30 EDT LMT TechConnect to host a summit 2013 National Innovation Summit is being held in Washington, D.C. on May 12-16. Sign up for a free trial to see the rest of the stories you've been missing.