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Stock Market & Financial Investment News

News Breaks
March 13, 2014
10:01 EDTLMTLockheed Martin receives $255M U.S. Army contract
Lockheed Martin received a $255M contract in late 2013 from the U.S. Army for Lot 9 production of the Guided Multiple Launch Rocket System Unitary rocket. The new allotment of rockets will be delivered to the U.S. Army, Marine Corps and Republic of Italy. Delivery will begin in April 2015. Work will be performed at the Lockheed Martin facilities in Camden, Ark., and Dallas, Texas.
News For LMT From The Last 14 Days
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March 6, 2015
06:57 EDTLMTGoogle pursues commercialization rather than DARPA contract for robot, WSJ says
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March 5, 2015
06:16 EDTLMTPentagon delays bomber contract until summer, WSJ says
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March 4, 2015
06:33 EDTLMTHP, IBM, others could be interested in Novetta, Reuters reports
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06:05 EDTLMTLockheed Martin, Raytheon compete for Europe missile deals, Financial Times says
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February 27, 2015
18:10 EDTLMTLockheed Martin, United Technologies JV awarded $2B government contract
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February 25, 2015
12:31 EDTLMTLockheed Martin awarded two Navy contracts totalling $90M
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February 24, 2015
17:19 EDTLMTLockheed Martin awarded $129M government contract modification
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February 23, 2015
13:30 EDTLMTIsrael to purchase another 14 of Lockheed Martin's F-35s, Globes says
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06:42 EDTLMTLockheed Martin to pay $62M to settle retirement plan lawsuit, WSJ says
Lockheed Martin will pay $62M to settle a civil suit alleging its 401(k) plan charged unreasonable fees, reports the Wall Street Journal, citing legal filings and company statements. As part of the settlement, Lockheed will also have to submit monthly evaluations of certain aspects of its plan, offer new low-cost funds, and solicit bids from at least three large firms to serve as administrative managers of the company's retirement plans. Reference Link

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