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Stock Market & Financial Investment News

News Breaks
July 21, 2014
09:31 EDTLMTLockheed to provide mission, flight crew operations support to NASA
As part of an SGT-led team, Lockheed Martin will provide mission and flight crew operations support to NASA for the International Space Station and future human space exploration. These support services within the Integrated Mission Operations Contract II are critical to the operation of all NASA human spaceflight missions. Under IMOC II, Lockheed Martin will provide expertise to support mission planning and preparation, crew and flight controller training and real-time mission execution at NASA's Johnson Space Center in Houston. Lockheed Martin also will provide ground-based human spaceflight services for the Orion Multi-Purpose Crew Vehicle, for which Lockheed Martin is the prime contractor, and new commercial cargo vehicles.
News For LMT From The Last 14 Days
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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
February 19, 2015
09:38 EDTLMTLockheed Martin says getting 'very excited' for laser weapon development
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09:13 EDTLMTLockheed says international growth would still be fairly healthy excluding F-35
Lockheed says F-35 makes up "lion's share" of growth internationally and domestically. Lockheed Martin CFO Bruce Tanner is speaking at the Barclays Industrial Select Conference.
07:46 EDTLMTAustralia opens bids for $8B armored vehicle defense contract, WSJ says
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05:55 EDTLMTLockheed Martin on track to cut cost of F35 jets by 30%, Financial Times reports
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February 18, 2015
16:06 EDTLMTLockheed Martin names Dana Jackson as Chief Technology Officer
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