Lockheed Martin to pay $300 million more to suppliers hit by coronavirus
U.S. weapons maker Lockheed Martin Corp said on Friday it would pay an additional $300 million to its suppliers hurt by a sharp economic slowdown caused by the coronavirus crisis......»»
Aston Martin posts deep loss as coronavirus outbreak hits sales
Aston Martin posted a first-quarter pretax loss of 119 million pounds ($146 million) after sales dropped by nearly a third due to the impact of the coronavirus outbreak and the destocking of dealers, the carmaker said on Wednesday......»»
Lockheed Martin hiring thousands while monitoring coronavirus supply chain disruptions: CEO
The company is mostly maintaining its 2020 guidance despite the coronavirus pandemic......»»
Lockheed Martin trims sales outlook as coronavirus hits supply chain
Lockheed Martin said on Tuesday the spread of coronavirus has delayed shipments of vital supplies to its numerous businesses and will likely hurt its sales this year......»»
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......»»
Lockheed Martin profit beats, but company trims sales outlook on virus hit
Lockheed Martin reported better-than-expected quarterly profit on Tuesday, helped by higher sales in its aeronautics business that makes the F-35 fighter jets, but lowered its 2020 sales outlook due to coronavirus-led supply chain delays......»»
Primark commits to paying for 370 million pounds of orders during coronavirus crisis
Fashion retailer Primark has committed to pay suppliers for 370 million pounds ($461 million) of orders, though all its stores are closed due to the coronavirus pandemic......»»
Lockheed Martin Space hiring hundreds in Colorado in the midst of the coronavirus pandemic
The national security and space business' top recruiter explains how it hires from a labor force staying at home......»»
In coronavirus pandemic, Lockheed Martin hires nearly 1,000 workers
Additionally, Lockheed Martin is looking to fill another 5,000 open positions......»»
Lockheed commits millions more dollars, plus resources to COVID-19 response
Lockheed Martin Corp. (NYSE: LMT) Chairman, President and CEO Marillyn Hewson said Friday the company would provide additional aid to help battle the novel coronavirus pandemic, a week after it committing funding and resources to the fight. Hewson.....»»
Amid the coronavirus pandemic, the Pentagon urges "hyper-vigilance" against an economic threat
Pat Corkery/Lockheed Martin via AP Adversaries may use the economic downturn sparked by the spread of the coronavirus as an opportunity to buy up .....»»
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.....»»
"He must resign from the Senate": Fox News host demands Richard Burr"s ouster after bombshell report suggests he dumped $1.72 million in stocks before coronavirus crisis
Jacquelyn Martin/Associated Press Fox News opinion host Tucker Carlson responded to a bombshell ProPublica'.....»»
Republican senator unloaded as much as $1.56 million in stocks after publicly downplaying the risk of the coronavirus
Jacquelyn Martin/Associated Press GOP Sen. Richard Burr of North Carolina unloaded hundreds of thousands of dollars in stocks after publicly downplaying the enormous risk of the novel coronavi.....»»
Republican senator unloaded as much as $1.56 million in stocks after publicly downplaying the risk of coronavirus
Jacquelyn Martin/Associated Press GOP Sen. Richard Burr of North Carolina unloaded hundreds of thousands of dollars in stocks after publicly downplaying the enormous risk of the novel coronavir.....»»
Is Lockheed Martin Corporation (LMT) A Good Stock To Buy?
Coronavirus is probably the #1 concern in investors’ minds right now. It should be. On February 27th we published this article and pr.....»»
Coronavirus worries cause shutdown of F-35 aircraft factory in Japan and work-from-home orders in Italy
Amanda Macias/Business Insider Lockheed Martin will pause prod.....»»
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.....»»
Lockheed Martin drops out of Singapore Airshow over coronavirus concerns
U.S. weapons maker Lockheed Martin Corp said on Friday it will not participate in next week's Singapore Airshow over coronavirus concerns......»»
Lockheed Martin to bring more work to Florida"s Space Coast with $58M contract
Lockheed Martin Corp. won a $58 million contract modification, which will bring more missile work to Florida's Space Coast. The Bethesda defense giant (NYSE: LMT) was awarded the U.S. Navy contract to produce Trident II missiles. About 40% of the work.....»»
Lockheed, Jacobs Engineering ink government deals worth $106M with metro Orlando work
Two companies have secured a combined $106 million in local work to perform cybersecurity and space exploration operations for the federal government. Bethesda, Maryland-based Lockheed Martin Corp. (NYSE: LMT) won a $93 million U.S. Army contract. .....»»