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News Breaks | | | | March 19, 2013 | | 07:10 EDT |  | LMT | Lockheed Martin outlook stronger than consensus, says Bernstein
After meeting with Defense Department and Lockheed Martin officials, Bernstein believes that the Street's consensus outlook on Lockheed Martin is overly negative on a range of issues, including the federal budget, cash flow, and revenue. The firm believes that the F-35 is performing better than headlines would suggest, and it maintains an Outperform rating on the stock. | |
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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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| June 19, 2013 | | 09:08 EDT |  | LMT | Lockheed Martin and Mitsubishi Heavy sign deal for F-35 assembly, Reuters says
Lockheed Martin has agreed to a contract with Mitsubishi Heavy Industries to begin work on a final assembly and check-out plant for the F-35 Joint Strike Fighter in Japan, reports Reuters. Lockheed VP of the F-35 program Steve O'Bryan declined to give details on the contract's value after the announcement at the Paris Airshow. Reference Link | | | June 17, 2013 | | 06:02 EDT |  | LMT | ITT Exelis receives contract from Lockheed Martin F-35 program
 Subscribe for More Information | | | June 13, 2013 | | 08:32 EDT | | LMT | LONGBOW receives $90M contract for Saudi Arabia Apache radar systems
The LONGBOW Limited Liability Company, a joint venture of Lockheed Martin (LMT) and Northrop Grumman (NOC), received a $90.6M contract to provide Saudi Arabia with LONGBOW Fire Control Radars for the AH-64 Apache Attack Helicopter. The contract award includes AH-64E LONGBOW FCRs, spares and support for the Royal Saudi Land Forces Aviation Command. The contract also includes LONGBOW FCRs for the Saudi Arabia National Guard and LONGBOW Mast Mounted Assemblies for the U.S. Army. | | | June 12, 2013 | | 11:39 EDT | | LMT | Pentagon indicates deep cuts to contractors, Government Executive reports
Subscribe for More Information | | | 09:05 EDT | | LMT | Lockheed Martin awarded contract worth up to $400M from CDC
Subscribe for More Information | | | June 10, 2013 | | 17:22 EDT | | LMT | Lockheed Martin awarded $104.73M government contract modification
Subscribe for More Information | | | 10:31 EDT | | LMT | Lockheed Martin receives $34M foreign military sales contract
Lockheed Martin received a $34.2M foreign military sales contract from the U.S. Air Force to support additional integration of the Joint Air-to-Surface Standoff Missile onto the Finnish Air Force F-18C/D aircraft. Finland is the second international customer for JASSM. This second contract for Finland includes test missiles, software development and engineering documentation. | | | June 6, 2013 | | 12:01 EDT | | LMT | Lockheed Martin awarded as contractor on multiple U.S. Navy award
Lockheed Martin was chosen along with 14 other companies to provide a variety of operational support services for the Navy under the Space and Naval Warfare Systems Center Atlantic's Business and Force Support Multiple Award Pillar contract. The award has a potential cumulative value if all options are exercised across the 15 awardees of $900M. | | | 08:06 EDT |  | LMT | BofA/Merrill's aerospace/defense analyst holds analyst/industry conference call
Aerospace & Defense Analyst Epstein, along with Richard Aboulafia, Vice President of Analysis at Teal Group, preview the upcoming Paris Air Show (6/17-6/23) on an Analyst/Industry conference call. Relevant covered companies BA, BEAV, COL, CR, DGI, ERJ, ESL, GD, GRMN, HEI, HII, HXL, LLL, LMT, NOC, PCP, ROLL, RTN, SPR, TDG, TGI, TXT, UTX, VSAT and WAIR may be included on the Analyst/Industry conference call to be held on June 11 at 10 am. | |
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