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News Breaks
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February 13, 2012
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| 14:06 EDT |  | OSK, LMT |
| theflyonthewall.com: | Pentagon budget would save $75B over five years, Defense News says | | The Pentagon would save $75B over the next five years by making several accounting changes, according to Defense News, which cited the Obama administration's FY13 budget proposal. Under the proposal, the government would save $15.1B on Lockheed Martin's (LMT) F-35 Joint Strike fighter, and $900M by canceling Humvee recapitalization, added the publication. Oshkosh (OSK), which has built replacements for Humvee for the Pentagon in the past, is falling 95c, or 3.81%, to $23.97. Reference Link :theflyonthewall.com |
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News For OSK;LMT From The Last 14 Days Check below for free stories on OSK;LMT the last two weeks.
There are 17 items on the Fly with pertinent information.
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May 25, 2012
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| 12:38 EDT | | LMT |
| theflyonthewall.com: | South Korea to award $6.7B fighter deal in October, Agence France Presse.says |
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May 24, 2012
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| 07:22 EDT | | LMT |
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May 23, 2012
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| 10:01 EDT |  | LMT |
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May 22, 2012
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| 13:37 EDT | | LMT |
| theflyonthewall.com: | Lockheed Martin reaches new contract with UAW union | | The International Union, United Automobile, Aerospace and Agricultural Implement Workers of America ratified a new master labor agreement with Lockheed Martin covering approximately 650 workers at three sites. The new five-year agreement, ratified over the weekend, becomes effective immediately. The company and union negotiated a new agreement that provides competitive wages over the next five years through a combination of a $2,000 ratification bonus, three general wage increases, two lump sum payments and cost of living adjustments, while enhancing member job security. :theflyonthewall.com |
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May 20, 2012
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| 09:48 EDT | | LMT |
| theflyonthewall.com: | Lockheed Martin Aeronautics reaches new contracts with two unions | | Members of the International Brotherhood of Electrical Workers, IBEW, and the Office and Professional Employees International Union, OPEIU, have ratified new labor agreements with Lockheed Martin [NYSE: LMT] Aeronautics in Fort Worth. The new agreements become effective Monday, May 21 and will extend for four and five years, respectively. :theflyonthewall.com |
| | 09:45 EDT | | LMT |
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May 18, 2012
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| 12:35 EDT | | LMT |
| theflyonthewall.com: | House votes to sell planes to Taiwan, Defense News says | | The House of Representatives voted yesterday to force the Obama administration to authorize the sale of 66 of Lockheed Martin's (LMT) F-16C/D planes to Taiwan, according to Defense News. Reference Link :theflyonthewall.com |
| | 00:09 EDT | | OSK |
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May 16, 2012
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| 11:24 EDT |  | OSK |
| | 10:36 EDT | | LMT |
| theflyonthewall.com: | House subcommittee recommends $5.3B boost to weapons funding, Defense News says |
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| | 10:05 EDT |  | OSK |
| theflyonthewall.com: | Oshkosh upgraded to Buy from Hold at Standpoint Research | | :theflyonthewall.com |
| | 09:23 EDT | | LMT |
| theflyonthewall.com: | BofA/Merrill's Head of U.S. Equity & Quantitative Strategy holds conference call |
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| | 09:15 EDT | | LMT |
| | 04:59 EDT | | LMT |
| theflyonthewall.com: | Lockheed Martin Orbits 100th and 101st commercial geo satellites | | The 100th and 101st Lockheed Martin commercial geostationary communication satellites have been successfully placed in orbit after a dual launch aboard an Ariane 5-ECA launch vehicle. Both satellites are based on Lockheed Martin's A2100 geosynchronous satellite series. Both satellites will undergo on-orbit checkout over the next few months prior to the start of operations. VINASAT-2 is scheduled to be handed over to VNPT in late June and JCSAT-13 will be turned over to SKY Perfect JSAT in mid July. :theflyonthewall.com |
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May 15, 2012
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| 13:48 EDT | | LMT |
| theflyonthewall.com: | Pentagon limiting flights of Lockheed F-22 due to oxygen problems, AP reports |
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| | 07:48 EDT | | LMT |
| theflyonthewall.com: | Jacobs Engineering, Lockheed Martin joint venture concludes AWE pricing | | Jacobs Engineering (JEC) announced that AWE Management Limited, in which it has a one third share, has concluded the arrangements for the next pricing period regarding the contract to Manage and Operate the Atomic Weapons Establishment in the United Kingdom. Formed in 2000, AWE ML is a joint venture between Jacobs, Lockheed Martin (LMT) and Serco to manage AWE plc on behalf of the UK Ministry of Defence. The conclusion of recent negotiations is an important milestone although the contract has no material changes. The new arrangements will take effect from April 2013 and run through to March 2018. The total value to AWE ML is an average of around $1.59B per year with approximately 40% to be invested in capital projects. :theflyonthewall.com |
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May 14, 2012
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| 12:07 EDT | | LMT |
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