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News Breaks
August 5, 2014
09:04 EDTLMTLockheed Martin awarded contract extension from NASA worth $340M
Lockheed Martin will provide facilities development and operations support of human spaceflight missions at NASA's Johnson Space Center in Houston through at least September 30, 2016, under a contract extension. The approximately $340M three-year extension includes a two-year base period with a one-year option. The contract value now exceeds $1B. Under the Facilities Development and Operations Contract, Lockheed Martin provides engineering and operations assistance for the hardware, software, data and display systems used to train for and execute all human spaceflight missions supported by the Mission Operations Directorate at JSC. The contract also provides systems services support within the Christopher C. Kraft Jr. Mission Control Center and the Jake Garn Mission Simulator and Training Facility, as well as backup control centers.
News For LMT From The Last 14 Days
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September 1, 2015
17:37 EDTLMTLockheed Martin awarded $311.4M government contract
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August 31, 2015
17:35 EDTLMTLockheed Martin awarded $430.88M government contract
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August 26, 2015
16:26 EDTLMTOn The Fly: Top stock stories for Wednesday
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11:08 EDTLMTOshkosh upgraded after JLTV contract win, but BofA says 'sell the news'
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06:13 EDTLMTBAE Systems loses multibillion dollar bid to build new Humvee, U.K. Times says
BAE Systems (BAESY) has lost out on a bid to build new Humvees for the U.S. Army, The U.K. Times. The Army selected Oshkosh (OSK) for the $6.7B contract over BAE, which was part of a consortium led by Lockheed Martin (LMT), and AM General, which built the original Humvees. Reference Link
August 24, 2015
08:33 EDTLMTOrbital ATK signs contract with Lockheed to produce propellant tanks
Orbital ATK (OA) announced that it recently signed a contract with Lockheed Martin (LMT) to produce propellant and pressurant tanks for Lockheed Martin's updated A2100 satellite platform. The five-year contract continues a 20-year relationship between Orbital ATK and Lockheed Martin for satellite fuel tanks produced by the company's Space Systems Group in Commerce, California. Under this new contract, which extends through March 2020, Orbital ATK will produce all of the modernized A2100 flight sets for the next five years.
August 20, 2015
10:00 EDTLMTOn The Fly: Analyst Upgrade Summary
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08:51 EDTLMTLockheed Martin upgraded on free cash flow outlook at Sterne Agee CRT
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06:03 EDTLMTLockheed Martin upgraded to Buy from Neutral at Sterne Agee CRT
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August 19, 2015
10:10 EDTLMTCiti says Army contract could be worth $30B, ups Oshkosh to Buy
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August 18, 2015
10:01 EDTLMTMaterion announces initial delivery of AlBeCast castings to Lockheed Martin
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