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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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May 27, 2015
09:07 EDTLMTLockheed Martin awarded 472M contract from U.S. Coast Guard
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May 26, 2015
07:10 EDTLMTLockheed Martin, Boeing may bid for GBP2B MoD contract, Independent says
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May 21, 2015
17:31 EDTLMTLockheed Martin awarded $735.51M government contract
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May 20, 2015
08:27 EDTLMTIBM unit sale to Lenovo raises saftey concerns for Navy, WSJ reports
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06:06 EDTLMTUnited Technologies in talks to sell Sikorsky unit, WSJ reports
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May 18, 2015
10:09 EDTLMTLockheed Martin to provide online flight planning services under FAA contract
The FAA) has selected Lockheed Martin to provide online flight service tools to the general aviation community, helping them to plan and navigate the national airspace Under the Direct User Access Terminal Service II contract, Lockheed Martin expands their current work to provide weather information, flight plan processing and in-flight support to pilots.
May 15, 2015
18:12 EDTLMTLockheed Martin, Boeing JV to cut executive ranks by 30%, Reuters reports
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08:00 EDTLMTReport claims Lockheed beats Raytheon for missile shield pact, Reuters says
German newspaper Sueddeutsche Zeitung reported that Germany's defense ministry has decided to award a Lockheed Martin (LMT) led consortium one of the most expensive defense projects of the next decade by supposedly selecting its MEADS missile defense system over Raytheon's (RTN) next-generation Patriot system, though a U.S.-based source called the German report "absolutely incorrect," according to Reuters. Reference Link

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