News Breaks |
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| March 7, 2013 |
| 07:40 EDT |  | UTX, LMT | Pratt & Whitney says move to cut F-35 costs is clear, Reuters reports
Bennett Croswell, president of Pratt & Whitney Military Engines (UTX) business said that driving down the cost of the F-35 fighter jet was "burned on our brains," but that cuts driven by budget troubles could slow the effort, reports Reuters. Croswell said he met with the Air Force general who heads the Pentagon's F-35 program in Australia after he accused Pratt and F-35 prime contractor Lockheed Martin Corp (LMT) of trying to "squeeze every nickel" out of the government.Reference Link |
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News For UTX;LMT From The Last 14 Days Check below for free stories on UTX;LMT the last two weeks. |
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| May 21, 2013 |
| 07:18 EDT |  | UTX | Electrical Products Group to host a conference
2013 EPG Conference is being held on Longboat Key, Florida on May 20-22 with webcasted company presentations to begin on May 21 at 7:30 am; not all company presentations may be webcasted. Webcast Link |
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| May 20, 2013 |
| 17:14 EDT |  | LMT | Lockheed Martin awarded $29.73M government contract modification
Lockheed Martin was awarded a sole-source, cost-plus-incentive-fee/cost-plus-award-fee contract modification. The value of this contract modification is $29.73M, increasing the total contract value from $1.41B to $1.44B. Under this modification, the contractor shall provide system engineering and program management services in accordance with established Aegis system engineering practices for the post certification support of Aegis Ballistic Missile Defense baselines 4.0.X, 5.0 and 5.0 capability upgrade. Work is expected to be completed Dec. 31, 2014. |
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| 17:10 EDT | | LMT | Lockheed Martin awarded $111.51M U.S. Navy contract
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| May 15, 2013 |
| 07:12 EDT | | LMT | Lockheed CEO sees sequester raising F35 costs, FT reports
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| May 13, 2013 |
| 11:29 EDT | | LMT | Pentagon contracts tumbled in April, Washington Post says
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| 10:01 EDT | | UTX | Sikorsky S-76D helicopter achieves certification in Mexico
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| 07:30 EDT |  | LMT | TechConnect to host a summit
2013 National Innovation Summit is being held in Washington, D.C. on May 12-16. |
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