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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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March 30, 2015
12:28 EDTLMTLockheed Martin wins South Korean fighter jet contract, Reuters says
South Korea has selected Lockheed Martin (LMT) to develop a mid-level fighter jet in partnership with Korea Aerospace Industries for $7.9B, reports Reuters, citing statements from the Defense Acquisition Program Administration. The two companies beat out a bid from Korean Air Lines and Airbus (EADSY), notes Reuters. Reference Link
March 27, 2015
17:08 EDTLMTLockheed Martin awarded $485M government contract
Lockheed Martin Missiles and Fire Control, Orlando, Florida, has been awarded a $485M firm fixed price with minimal cost-plus-fixed-fee, indefinite-delivery/indefinite-quantity contract. Contractor will provide multiple Sniper advanced targeting pods including initial spares, 1K forward-looking infrareds, and two-way data links. It also includes other items as specified in the contract. Work will be performed at Orlando, Florida, and is expected to be complete by March 26, 2018. This contract involves foreign military sales. This award is the result of a sole-source acquisition. Air Force Life Cycle Management Center, Robins Air Force Base, Georgia, is the contracting activity.
March 25, 2015
06:34 EDTLMTLockheed Martin likely to miss out on portion of F-35 incentive fee, WSJ says
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March 23, 2015
10:24 EDTLMTRADA Electronic selected by Lockheed Martin for laser weapon research projects
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08:13 EDTLMTBofA/Merrill airlines/aerospace analysts hold analyst/industry conference call
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08:01 EDTLMTBofA/Merrill industrials/EU autos analysts hold analyst/industry conference call
Analysts provide a discussion of the key takeaways from the recently held Global Industrials & European Autos Conference on an Analyst/Industry conference call. to be held on March 23 at 10 am.
07:35 EDTLMTLockheed working to resolve technical error with GPS satellites, Reuters says
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