|January 8, 2014|
|10:01 EDT||LMT||Lockheed Martin awarded $84.5M contract by U.S. Navy|
Lockheed Martin received an $84.5M contract on Dec. 23 from the U.S. Navy to produce paveway II Enhanced Laser Guided Training Rounds. Under the four-year indefinite-delivery indefinite-quantity contract, Lockheed Martin will deliver ELGTRs, shipping containers, logistics and product support to the U.S. Navy. This contract extends delivery of ELGTRs to the U.S. Navy through 2018.
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.
|November 12, 2015|
|12:02 EDT||LMT||Northrop's U.S. bomber work halted after rivals protest, Reuters says|
Work on a long-range strike bomber contract to Northrop Grumman (NOC) has been put on hold after Boeing (BA) and Lockheed Martin (LMT) contested the selection process, Reuters reports, citing a U.S. Air Force spokesman. The spokesman added that the order to halt work was issued after a formal protest was filed November 6, the report says. Reference Link