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Stock Market & Financial Investment News

News Breaks
September 26, 2012
09:07 EDTNOC, TSYS, LMTTCS, Northrop, Lockheed to partner on LCT satellite terminals
TeleCommunication Systems (TSYS), Northrop Grumman (NOC) and Lockheed Martin (LMT) announced that they have teamed to produce affordable satellite terminals for protected communications on the move and at the halt. The Low Cost Terminal, or LCT, solution addresses the military's need for lower cost technologies and systems to enable protected and secure communications for tactical warfighters in theater. The three companies are operating under a collaborative agreement signed earlier this year for TCS to manufacture, market and sell LCT products under license from Northrop Grumman and Lockheed Martin.
News For TSYS;NOC;LMT From The Last 14 Days
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February 27, 2015
18:10 EDTLMTLockheed Martin, United Technologies JV awarded $2B government contract
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17:29 EDTNOCNorthrop Grumman awarded $148.3M government contract
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February 25, 2015
12:31 EDTLMTLockheed Martin awarded two Navy contracts totalling $90M
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February 24, 2015
17:19 EDTLMTLockheed Martin awarded $129M government contract modification
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February 23, 2015
13:30 EDTLMTIsrael to purchase another 14 of Lockheed Martin's F-35s, Globes says
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08:08 EDTTSYSTeleCommunication Systems' TCS awarded GSA approval to add O3b Networks
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06:42 EDTLMTLockheed Martin to pay $62M to settle retirement plan lawsuit, WSJ says
Lockheed Martin will pay $62M to settle a civil suit alleging its 401(k) plan charged unreasonable fees, reports the Wall Street Journal, citing legal filings and company statements. As part of the settlement, Lockheed will also have to submit monthly evaluations of certain aspects of its plan, offer new low-cost funds, and solicit bids from at least three large firms to serve as administrative managers of the company's retirement plans. Reference Link
February 19, 2015
09:38 EDTLMTLockheed Martin says getting 'very excited' for laser weapon development
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09:13 EDTLMTLockheed says international growth would still be fairly healthy excluding F-35
Lockheed says F-35 makes up "lion's share" of growth internationally and domestically. Lockheed Martin CFO Bruce Tanner is speaking at the Barclays Industrial Select Conference.
07:46 EDTLMTAustralia opens bids for $8B armored vehicle defense contract, WSJ says
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05:55 EDTLMTLockheed Martin on track to cut cost of F35 jets by 30%, Financial Times reports
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February 18, 2015
16:06 EDTLMTLockheed Martin names Dana Jackson as Chief Technology Officer
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10:05 EDTNOCOn The Fly: Analyst Downgrade Summary
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07:28 EDTNOCNorthrop Grumman downgraded to Market Perform from Outperform at Bernstein
Bernstein downgraded Northrop Grumman to Market Perform citing high valuation. Price target raised to $184 from $177.

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