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Stock Market & Financial Investment News

News Breaks
May 5, 2014
10:02 EDTLMTLockheed Martin awarded $80.6M contract by U.S. Army
The U.S. Army awarded Lockheed Martin a $80.6M production contract for the Modernized Target Acquisition Designation Sight/Pilot Night Vision Sensor on the AH-64 Apache helicopter. This Lot 9 contract includes production of eight targeting and pilotage systems and spares for the U.S. Army and nine systems for the Indonesian Army. The contract extends production in Orlando and Ocala, Fla., through July 2016.
News For LMT From The Last 14 Days
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November 14, 2014
06:15 EDTLMTLockheed Martin pursuing new markets amid cuts in weapons budget, WSJ reports
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November 13, 2014
07:38 EDTLMTBloomberg Link to hold a conference
The Year Ahead: 2015 is being held in Washington, D.C. with a pre-conference dinner on November 13 followed by company presentations on November 14,
November 11, 2014
10:05 EDTLMTLockheed Martin awarded $40.3M contract from US Air Force
Lockheed Martin received a $40.3M contract from the U.S. Air Force for follow-on production of Paveway II Plus Laser Guided Bomb kits. The contract represents the majority share of fiscal year 2014 funding and the eighth award under the five-year indefinite delivery, indefinite quantity contract. Deliveries will begin in June 2015 and will include computer control groups and airfoil groups for GBU-10 and GBU-12 bombs. The Paveway II Plus LGB kits incorporate an upgraded laser guidance package, significantly improving overall system performance and precision.
November 10, 2014
15:43 EDTLMTAmerican Petroleum Institute to hold a conference
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November 7, 2014
14:37 EDTLMTU.S. could send significant number of additional troops to Iraq, Reuters says
The U.S. has developed plans to significantly increase the number of American troops in Iraq, according to Reuters, which cited unnamed U.S. officials. America, which currently has about 1,400 soldiers in the country, is looking to reinforce Iraqi troops fighting Islamic State, the news service stated. Publicly traded defense companies include BAE Systems (BAESY), Boeing (BA), General Dynamics (GD), Lockheed Martin (LMT), Northrop Grumman (NOC), Raytheon (RTN) and United Technologies (UTX).Reference Link

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