News Breaks |
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| February 20, 2013 |
| 11:22 EDT |  | LMT | Lockheed Martin to pay $19.5M to settle class action lawsuit, Reuters reports
Lockheed Martin (LMT) will pay $19.5M to settle a securities fraud class action lawsuit accusing it of misleading investors about the expected performance of its IT unit, Reuters reports, citing court papers. The settlement requires a judge's approval. Reference Link |
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News For LMT From The Last 14 Days Check below for free stories on LMT the last two weeks. |
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| 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. |
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| 17:10 EDT | | LMT | Lockheed Martin awarded $111.51M U.S. Navy contract
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| May 15, 2013 |
| 07:12 EDT | | LMT | Lockheed CEO sees sequester raising F35 costs, FT reports
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| May 13, 2013 |
| 11:29 EDT | | LMT | Pentagon contracts tumbled in April, Washington Post says
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| 07:30 EDT |  | LMT | TechConnect to host a summit
2013 National Innovation Summit is being held in Washington, D.C. on May 12-16. |
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| May 9, 2013 |
| 08:39 EDT | | LMT | ITT 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. |
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