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Stock Market & Financial Investment News

News Breaks
January 8, 2014
10:01 EDTLMTLockheed 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
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April 15, 2014
13:56 EDTLMTPentagon to cut 17 F-35 Lockheed fighters it planned to buy, Bloomberg says
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10:02 EDTLMTLockheed awarded $10M contract from U.S. Naval Sea Systems Command
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April 14, 2014
07:06 EDTLMTU.S. Geospatial Intelligence Foundation to hold a symposium
GEOINT 2013 Symposium, originally scheduled for October 2013, is being held in Tampa, Florida on April 14-17.
April 9, 2014
16:08 EDTLMTNorthrop Grumman ships payload module two months early
Northrop Grumman (NOC) shipped the fourth Advanced Extremely High Frequency satellite payload module nearly two months early, at Lockheed Martin (LMT) Space Systems, Sunnyvale, Calif., AEHF system prime contractor.Complete payload delivery is expected to finish a full six months early.
07:21 EDTLMTPentagon expects Lockheed, Pratt deal on F-35 lot by May's end, Reuters says
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April 4, 2014
06:40 EDTLMTSpaceX to compete with Boeing-Lockheed JV for satellite launch, WSJ says
Elon Musk's SpaceX is expected to compete with a joint venture between Boeing (BA) and Lockheed Martin (LMT) for a contest to launch a military satellite next year, reports the Wall Street Journal. The Defense Department has also put a study into developing a new rocket engine that could reduce reliance on the Russian engine used on a rocket employed by Boeing-Lockheed JV. Reference Link

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