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Stock Market & Financial Investment News

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February 19, 2013
17:28 EDTLMTLockheed 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.
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August 27, 2014
17:33 EDTLMTLockheed Martin awarded $122.22M government contract modification
Lockheed Martin is being awarded a $122.22M modification to a previously awarded F-35 Lightning II Low Rate Initial Production, or LRIP, Lot VI cost-plus incentive fee contract for the procurement of support equipment for the F-35 aircraft such as sensor covers, tool sets, vacuum clamp sets, and heat gun assemblies. Work is expected to be completed in November 2016. Fiscal 2012 aircraft procurement funds in the amount of $122.22M will be obligated at time of award, all of which will expire at the end of the current fiscal year.
August 25, 2014
18:03 EDTLMTLockheed Martin and Electro Optic Systems to develop space debris tracking site
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09:01 EDTLMTLockheed Martin buys Sun Catalytix assets, terms not disclosed
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August 22, 2014
07:16 EDTLMTLockheed, suppliers aim to cut F-35 expenses, Reuters says
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August 20, 2014
14:07 EDTLMTAstrotech Corporation to sell assets of Astrotech Space Operations business unit
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