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Lockheed Martin Company News

Thu, 03 Nov 2016 09:45:47 GMT
Are Analysts Recommending to Buy Lockheed Martin Corporation (NYSE:LMT) With Certitude?  -  Engelwood Daily
Wall Street analysts covering Lockheed Martin Corporation (NYSE:LMT) shares are predicting that the stock will trade between $240 and $300 within the next year. This is the top price point and lowest from the analysts taken into consideration by Zacks ...
Thu, 03 Nov 2016 09:33:25 GMT
Sheaff Brock Investment Advisors LLC Sold shares of Lockheed Martin Corp. (LMT)  -  DailyQuint
Sheaff Brock Investment Advisors LLC cut its position in Lockheed Martin Corp. (NYSE:LMT) by 3.5% during the second quarter, according to its most recent filing with the SEC. The fund owned 6,332 shares of the company's stock after selling 227 shares ...
Thu, 03 Nov 2016 09:17:01 GMT
Lockheed Martin delivers C-5M Super Galaxy  -  Your Defence News (press release)
Headquartered in Bethesda, Maryland, Lockheed Martin is a global security and aerospace company that employs approximately 98,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and ...
Thu, 03 Nov 2016 09:05:15 GMT

Development of F-35 jet said to need $500M more  -  Northwest Arkansas News
The Pentagon will need as much as $500 million extra to finish the development phase for Lockheed Martin Corp.'s F-35, the most expensive U.S. weapons system ever, defense officials said. The F-35 program office made the request for more money to ...
Thu, 03 Nov 2016 09:04:45 GMT
Supersonic Hopefuls: Who Will Be First To Fly?  -  Aviation Week
Lockheed Martin is completing preliminary design of a low-boom flight demonstrator as part of NASA's Quiet Supersonic Transport (QueSST) project. The single-engine, Mach 1.4+ X-plane is intended to mimic the shockwave signature of a 100- to 120-seat ...
Thu, 03 Nov 2016 07:48:09 GMT
Lockheed wins $6bn F-35 fighter jet deal – and it is not happy  -  The National
Lockheed Martin has been awarded a US$6.1 billion Pentagon contract for 57 of its F-35 fighter planes, but the world's largest defence contractor was less than pleased to hear the news. It was "not a mutually agreed-upon" contract, said the Lockheed ...
Thu, 03 Nov 2016 07:00:26 GMT

Pentagon Finalizes $6 Billion Lockheed Contract For 57 F-35s  -  Investor's Business Daily
The Defense Department has finalized a $6.1 billion contract with Lockheed Martin (LMT) for the ninth batch of F-35 stealth fighters, according to a Pentagon statement Wednesday. But Lockheed called it a "unilateral contract action" that wasn't ...
Thu, 03 Nov 2016 05:18:33 GMT

Pentagon and Lockheed Martin at odds over price of latest F-35 contract  -  Stars and Stripes
For the past several years, it had appeared that the Pentagon and Lockheed Martin had mended their once-strained relationship, as they worked to fix the F-35 Joint Strike Fighter Program, which had gone wildly off course, marred by schedule delays and ...
Thu, 03 Nov 2016 02:11:25 GMT

Pentagon, Lockheed finalise talks on ninth lot of F-35 jets  -  Moneycontrol.com
The US Department of Defense and Lockheed Martin Corp concluded negotiations on their ninth contract for F-35 fighter jets after 14 months of negotiations on the more than USD 6.1 billion deal, the Pentagon said on Wednesday. The unilateral agreement ...
Thu, 03 Nov 2016 01:56:50 GMT
Lockheed Gets a $6.1 Billion Contract for F-35s. It's Not Happy.  -  BloombergQuint
Lockheed said in a regulatory filing on Oct. 27 that it had “incurred costs in excess of funds obligated” during the negotiations “in an effort to meet the customer's desired aircraft delivery dates. As a result, we have approximately $950 million of ...