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Aerojet Rocketdyne soars 26% after Lockheed Martin announces $4.4 billion acquisition of the rocket engine manufacturer

Aerojet makes defense rocket engines and will give Lockheed a larger stake in the increasingly competitive space and hypersonic technology se.....»»

Category: personnelSource: nytDec 21st, 2020

Lockheed Martin To Buy Defense Industry Supplier Aerojet In $5B Deal

Defense and aerospace company Lockheed Martin Corporation (NYSE: LMT) is set to acquire propulsion systems manufacturer Aerojet Rocketdyne Holdings Inc (NYSE: AJRD) in a $5 billion deal, the two companies announced Sund read more.....»»

Category: blogSource: benzingaDec 21st, 2020

Lockheed Martin awarded $900M F-16 service contract

Lockheed Martin has won a 10-year, $900 billion contract involving a variety of services in support of F-16 aircraft, the defense contractor announced Friday......»»

Category: topSource: foxnewsDec 14th, 2020

Lockheed Martin awarded maximum $618M Missile Defense Agency contract

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

Category: blogSource: theflyonthewallApr 30th, 2020

The Pentagon has decided just to live with an issue affecting the F-35"s ability to fly at supersonic speeds

Courtesy of Lockheed Martin The Defense Department has decided not to fix an issue limiting the Navy's and Marine Corps' F-35 variants' ability to fly at supersonic speeds. Fly.....»»

Category: topSource: businessinsiderApr 27th, 2020

1st-Quarter Results Reaffirm Lockheed Martin’s Status as Top Defense Name

Lockheed Martin reported sales and earnings growth, solidifying its status as my top name in defenseRelated Stocks: LMT,.....»»

Category: blogSource: gurufocusApr 23rd, 2020

Lockheed Martin mitigates coronavirus impact, keeps 2020 guidance

The defense sector has continued to operate through coronavirus-driven shelter-in-place restrictions, deemed an essential sector......»»

Category: topSource: foxnewsApr 21st, 2020

Lockheed Martin tops Q1 estimates, sticks with full-year EPS guidance

Lockheed Martin Corp.'s shares rose 1.8% in premarket trade Tuesday, after the defense contractor beat earnings estimat.....»»

Category: topSource: marketwatchApr 21st, 2020

Off the charts: Four defense contractor stocks worth considering

Jim Cramer breaks down chart analysis from technician Bob Lang, who sees upside in Raytheon, L3Harris, Lockheed Martin and Northrop Grumman stocks......»»

Category: topSource: madmoneyApr 15th, 2020

Lockheed commits $66.5M, vehicles and other resources to coronavirus relief

With the U.S. continuing to battle the ongoing novel coronavirus pandemic, one of its largest defense contractors is committing new resources to the fight.  Lockheed Martin Corp. (NYSE: LMT) Chairman, President and CEO Marillyn Hewson said in a sta.....»»

Category: topSource: bizjournalsMar 27th, 2020

Lockheed Martin awarded $932.84M Missile Defense Agency contract modification

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

Category: blogSource: theflyonthewallMar 24th, 2020

Lockheed Martin Releases Clip Of Simulated Attack On Russian Defense Systems

Lockheed Martin Releases Clip Of Simulated Attack On Russian Defense Systems Leave it to a major US arms defense contractor to hype the "ever-evol.....»»

Category: blogSource: zerohedgeMar 20th, 2020

Lockheed Martin CEO will step down

Marillyn Hewson is moving on after seven years at the helm of the world’s largest defense contractor......»»

Category: smallbizSource: nytMar 16th, 2020

Marillyn Hewson to step down as Lockheed Martin CEO

Marillyn Hewson is stepping down from the top spot with defense giant Lockheed Martin Corp. (NYSE: LMT) She will be replaced as president and CEO by James Taiclet, the current top exec of Boston real estate investment trust American Tower Corp. (N.....»»

Category: topSource: bizjournalsMar 16th, 2020

Lockheed Martin CEO sees bipartisan support for U.S. defense spending growth

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

Category: blogSource: theflyonthewallFeb 19th, 2020

Lockheed lands $347M deal to ramp up local defense program

Lockheed Martin Corp. secured a $347 million modification to a U.S. Navy contract with local work, the Department of Defense announced Feb. 7.  The contract is for the procurement of long lead materials that will enable Lockheed to stay on track.....»»

Category: topSource: bizjournalsFeb 11th, 2020

Government identifies 873 "deficiencies" with Lockheed Martin"s F-35

The U.S. Department of Defense identified 873 "unresolved deficiencies" with the F-35 program, according to a government report released last week. The deficiencies range in severity with 13 being classified as "Category 1" in the government report. Whil.....»»

Category: topSource: bizjournalsFeb 3rd, 2020

Lockheed posts stronger-than-expected earnings, closes year with $59.8B in sales

Lockheed Martin Corp. (NYSE: LMT) closed out its fiscal 2019 by beating earnings estimates, leading executives to raise their outlook for the new year. The Bethesda defense giant logged $15.88 billion in revenue for the quarter, dwarfing average .....»»

Category: topSource: bizjournalsJan 28th, 2020

Kobe Bryant fatal crash in Lockheed Martin"s Sikorsky helicopter runs counter to safety record

The aircraft is used for critical life-saving missions, as well as the transportation of VIPs......»»

Category: topSource: foxnewsJan 27th, 2020

Kobe Bryant helicopter crash puts spotlight on Lockheed Martin"s Sikorsky S-76B, investigations underway

Lockheed Martin's Sikorsky, whose helicopter crashed and killed former NBA superstar Kobe Bryant on Sunday, pledged to inves.....»»

Category: topSource: usatodayJan 26th, 2020