United States

Lockheed Martin Corp (LMT.N)

LMT.N on New York Stock Exchange

24 Oct 2016
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Latest Key Developments (Source: Significant Developments)

Lockheed Martin gets $331 mln guided MLRS rocket contract
Wednesday, 15 Jun 2016 10:04am EDT 

Lockheed Martin Corp: Lockheed Martin receives $331 million U.S. Army contract for guided MLRS rocket production .All production deliveries are anticipated to be completed by march 2018.  Full Article

Air Wisconsin awards exclusive contract to Lockheed Martin
Tuesday, 7 Jun 2016 05:00am EDT 

Lockheed Martin Corp : Air Wisconsin awards exclusive contract to lockheed martin commercial engine solutions as engine MRO provider for CRJ200 fleet .New agreement also includes two one-year options, which could extend contracted engine MRO services through 2023.  Full Article

S&P revises Lockheed Martin Corp's liquidity score to strong, ratings affirmed
Friday, 3 Jun 2016 04:55pm EDT 

S&P: Lockheed Martin Corp liquidity score revised to strong, ratings affirmed; outlook stable . Revision of Lockheed's liquidity assessment reflects improved liquidity following completion of $9 billion acquisition of Sikorsky Aircraft Corp .Stable outlook reflects our expectation for only slight improvement in Lockheed's credit metrics through 2017.  Full Article

Lockheed Martin awarded pilot survivability training contract
Wednesday, 1 Jun 2016 10:03am EDT 

Lockheed Martin: Lockheed Martin awarded contract for pilot survivability training with the Naval Air Warfare Center Weapons Division .5-Year, single award indefinite delivery, indefinite quantity (IDIQ) contract with a ceiling value of $424 million.  Full Article

Avcorp awarded follow-on Lockheed Martin contract for F-35 composite work
Tuesday, 31 May 2016 07:03pm EDT 

Avcorp Industries : Avcorp awarded follow-on lockheed Martin contract for F-35 composite work at Avcorp Composite Fabrication Inc .Agreement extends into 2020 current composite fabrication work scope, at Avcorp's Gardena California facility, for F-35 wing skin.  Full Article

Lockheed Martin says Sikorsky completes DARPA ALIAS Phase 1 competition with autonomous flight
Tuesday, 31 May 2016 02:35pm EDT 

Lockheed Martin Corp :Says Sikorsky completes DARPA ALIAS Phase 1 competition with autonomous flight.  Full Article

UK's CMA to look into Leidos Holdings, Lockheed Martin deal
Tuesday, 31 May 2016 10:13am EDT 

UK's CMA :UK's CMA considering whether deal between Leidos Holdings and Lockheed Martin would result in a substantial lessening of competition within any market.  Full Article

Lockheed Martin receives $321 mln to continue LRASM integration and test program
Thursday, 26 May 2016 08:59am EDT 

Lockheed Martin Corp : Lockheed Martin receives $321 million to continue Lrasm integration and test program .Lrasm early operational capability for U.S. Air force and Navy is expected in 2018 and 2019 respectively.  Full Article

Lockheed Martin to build advanced sonar systems for U.S. Navy
Wednesday, 25 May 2016 09:56am EDT 

Lockheed Martin Corp :Contract with U.S. Navy valued at up to $425 million for guidance, control systems for MK 48 Mod 7 Torpedo.  Full Article

GP Strategies receives contracts from Lockheed Martin's aerospace & defense unit
Tuesday, 10 May 2016 07:31am EDT 

GP Strategies Corp :Lockheed Martin's aerospace & defense business has awarded two 3-year contracts to GP Strategies to be their learning services partner.  Full Article


Lockheed Martin's revenue rises 14.8 percent

Lockheed Martin Corp , Pentagon's No. 1 weapons supplier, reported a 14.8 percent rise in quarterly sales, helped by the acquisition of helicopter maker Sikorsky Aircraft.