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Stock Market & Financial Investment News

News Breaks
July 28, 2014
10:02 EDTLMTLockheed completes GMLRS Alternative Warhead operational flight tests
Lockheed Martin "successfully" completed all Developmental Test/Operational Test flight tests for the new Guided Multiple Launch Rocket System Alternative Warhead at White Sands Missile Range, New Mexico. The DT/OT tests included rockets fired at both mid and long range. All rockets were fired from a High Mobility Artillery Rocket System launcher. The DT/OT tests were the first tactically representative flight tests against simulated targets, and were also the first tests conducted with soldiers operating the fire control system. These missions were preparation for the Initial Operational Test and Evaluation exercise, which will be conducted in the fall.
News For LMT From The Last 14 Days
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September 25, 2014
13:01 EDTLMTLockheed Martin raises share repurchase authorization by $2B
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September 24, 2014
17:06 EDTLMTLockheed Martin awarded $274.8M government contract modification
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11:30 EDTLMTAAR Corp. plummets after results miss estimates, outlook lowered
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08:31 EDTLMTLockheed Martin receives F-35A aircraft order from Republic of Korea
Lockheed Martin's F-35A Lightning II aircraft has been selected by the Republic of Korea for its F-X fighter acquisition program. Initial deliveries are expected to begin in 2018.
06:42 EDTLMTSouth Korea, Lockheed to finalize $7B agreement for 40 jets, Reuters says
South Korea is poised to finalize an agreement to purchase 40 F-35 fighter jets from Lockheed Martin for approximately $7.06B this month, according to Reuters, citing two people with knowledge of the transaction. Delivery of the jets is estimated to occur between 2018-2021. Reference Link
September 23, 2014
08:38 EDTLMTBofA/Merrill airlines/aerospace analysts hold analyst/industry conference call
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September 22, 2014
12:01 EDTLMTLockheed receives additional electronic warfare contract
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09:01 EDTLMTLockheed Martin secures deal with Greater Orlando Aviation Authority
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September 19, 2014
17:33 EDTLMTLockheed Martin awarded $146.3M government contract modification
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06:55 EDTLMTBoeing up against decreasing fighter jet funding, WSJ says
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September 18, 2014
17:20 EDTLMTLockheed Martin awarded $117.77M government contract modification
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08:09 EDTLMTLockheed Martin awarded $18M maintenance contract by U.S. Marine Corps
Lockheed Martin has been awarded a contract for maintenance of the battle command system used by the Marines to manage and monitor airborne platforms, including fighters, bombers, tankers, unmanned aerial vehicles, and helicopters. Under a contract worth approximately $18M, Lockheed Martin will upgrade and sustain the USMC's Virtualized Theater Battle Management Core Systems.
September 17, 2014
18:13 EDTLMTBoeing, Lockheed Martin to team with Bezos firm on rocket engine, WSJ reports
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07:57 EDTLMTSenate Finance Committee to hold a hearing
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September 16, 2014
17:22 EDTLMTUnited Launch Services awarded $938.37M government contract modification
United Launch Services, a 50-50 joint venture owned by Lockheed Martin (LMT) and Boeing (BA), has been awarded a $938.37M modification to previously awarded FA8811-13-C-0003 cost-plus-incentive-fee contract for FY15 EELV launch capability for the Delta IV and Atlas V families of launch vehicles. This contract provides for mission assurance, program management, systems engineering, integration of the space vehicle with the launch vehicle, launch site and range operations, and launch infrastructure maintenance and sustainment. Work will be performed at Littleton, Colorado; Vandenberg Air Force Base, California; and Cape Canaveral Air Station, Florida, with an expected completion date of Sept. 30, 2015.
11:57 EDTLMTPentagon to most likely approve Musk's Falcon rockets, WSJ says
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09:04 EDTLMTLockheed Martin's meteorological satellite accepted for operations by USSTRATCOM
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07:15 EDTLMTPratt expects upcoming F-35 agreements to reduce espenses, Reuters says
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06:34 EDTLMTBoeing, Lockheed ally with Amazon CEO on rocket engine, Reuters says
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06:29 EDTLMTPratt & Whitney close to engine supply deal with Pentagon, WSJ reports
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