Lockheed Martin says F-35 cost cuts a year ahead of plan

Lockheed Martin is a year ahead of schedule with its plan to cut the cost of its F-35 A fighter jet variant to $80 million by 2020, the U.S. company said on Thursday......»»

Category: topSource: reutersJun 13th, 2019

Lockheed Martin says cost cut plan for F-35 jets ahead of schedule

Lockheed Martin said on Thursday it was on track to cut the cost of its F-35 fighter jet A variant to $80 million per jet a year ahead of its original target of 2020......»»

Category: topSource: reutersJun 13th, 2019

Lockheed Martin to sweeten India fighter jet bid with F-35 technology

The jet order is an attempt to modernize the South Asian nation's defense forces, a plan which could cost as much as $250 billion over a 10-year period ending 2025.....»»

Category: topSource: business-standardApr 25th, 2018

Lockheed Martin cuts F-35 A costs to $80M ahead of schedule, Reuters reports

See the rest of the story here. provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallJun 13th, 2019

Volkswagen eyes further productivity gains in months ahead

BERLIN (Reuters) - Volkswagen expects productivity at its core autos brand to keep growing in the months ahead because of cost cuts and full availability of higher-margin models launched last year......»»

Category: topSource: reutersApr 27th, 2018

Deutsche Bank"s slump deepens as trading hit hurts revenue

Deutsche Bank AG shrank for an eighth straight quarter in the final months of last year, leading Chief Executive Officer Christian Sewing to pledge yet more cost cuts as he seeks to persuade investors his turnaround plan can produce sustainable profits......»»

Category: topSource: moneycentralFeb 1st, 2019

Norfolk Southern Lays Tracks For Cost Cuts, Service Improvements With 2021 Strategic Plan

Norfolk Southern Corp. (NYSE: NSC) is starting a three-year sprint to improved profitability through the precision scheduled railroading (PSR) business model that's been embraced by a growing number of Class 1 railroads. read more.....»»

Category: blogSource: benzingaFeb 12th, 2019

Bond Report: 2-year Treasury yield note hits 1 ½-year low as rate-cut bets accelerate

U.S. Treasury prices rise Thursday, pulling yields lower, as investors’ expectations for interest-rate cuts gain ground ahead of the Federal Reserve’s meeting next week......»»

Category: topSource: marketwatchJun 13th, 2019

Lockheed Martin Space sued over small-satellite technology

A startup cries foul as the aerospace giant moves ahead with its line of reprogrammable satellites......»»

Category: topSource: bizjournalsJun 13th, 2019

Pentagon and Lockheed Martin reach tentative $34 billion deal for hundreds of F-35 fighter jets

The historic agreement is expected to bring the plane's unit cost below $80 million sooner than initially expected......»»

Category: topSource: washpostJun 11th, 2019

Changes ahead for Bank of Akron

The 119-year-old lender based in northern Erie County is updating its electronic and mobile banking systems, refreshing its brand and working on a plan to open a branch in Niagara County......»»

Category: topSource: bizjournalsJun 7th, 2019

Walmart expands education program for workers ahead of controversial shareholders meeting

Walmart Inc said on Tuesday it is seeking to attract high school students by offering them a low-cost path to a college degree and will expand an education program it started a year ago - in a new bid to draw workers in a tight labor market......»»

Category: topSource: reutersJun 4th, 2019

Tesla stock at fresh two-year low after ‘hardcore’ cost-cutting plan

Shares of Tesla Inc. touched another two-year low Friday after a leaked memo spoke of the Silicon Valley car maker potentially running out of cash in just months without strict cost-control measures......»»

Category: topSource: marketwatchMay 17th, 2019

Celldex Therapeutics Continues to Stretch Out Its Cash and Advance Its Pipeline

The clinical-stage biotech effectively conserved cash in the first quarter, thanks to cost cuts following last year's pipeline setback with experimental cancer drug glemba......»»

Category: topSource: foxnewsMay 8th, 2019

Lockheed Martin says delivered 26 F-35s in Q1 vs. 14 last year

See the rest of the story here. provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallApr 23rd, 2019

Verizon raises full-year profit forecast, misses subscriber estimates

Verizon Communications Inc on Tuesday raised its 2019 profit forecast and beat Wall Street estimates for quarterly profit as it focuses on cost cuts, but the largest U.S. wireless carrier lost more phone subscribers than expected......»»

Category: topSource: reutersApr 23rd, 2019

Lockheed"s costly F-35 to cost billions more, Pentagon finds

Lockheed Martin Corp.’s F-35 jet, the world’s costliest weapons program, just got even costlier......»»

Category: topSource: moneycentralApr 22nd, 2019

Should You Buy Lockheed Martin (LMT) Ahead of Earnings?

Lockheed Martin (LMT) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season. Want the latest recommendations from Zacks Inv.....»»

Category: worldSource: nytApr 22nd, 2019

Ericsson shares hit four-year high after profit tops forecasts for fifth quarter

Ericsson posted a first-quarter profit on Wednesday that swept past forecasts due to strong growth in North America and cost cuts, spurring the telecom equipment maker to boost its full-year outlook for the global networks market......»»

Category: topSource: reutersApr 17th, 2019

US IPO Week Ahead: Pinterest and Zoom headline year"s busiest week with 8 IPOs

A whopping eight IPOs plan.....»»

Category: futuresSource: nasdaqApr 13th, 2019

Wells Fargo cuts net interest income outlook, sending shares lower

Wells Fargo & Co's aggressive cost cutting helped boost its quarterly profit, but shares in the lender fell after it dialed back its outlook for how much net interest income it would bring in this year......»»

Category: topSource: reutersApr 12th, 2019