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EDGE To Acquire Lockheed Martin Shares In AMMROC - Statement
Lockheed Martin Reports Q2 Earnings Per Share $5.79
Lockheed Martin Sets Quarterly Dividend Of $2.40Per Share
Lockheed Martin Corporation is a security and aerospace company. The Company operates through four segments. Aeronautics segment is engaged in the research, design, development, manufacture, integration, sustainment, support and upgrade of military aircraft, including combat and air mobility aircraft, unmanned air vehicles and related technologies. Missiles and Fire Control segment provides air and missile defense systems; fire control systems; manned and unmanned ground vehicles, and energy management solutions. Rotary and Mission Systems segment provides design, manufacture, service and support for a range of military and civil helicopters; mission systems and sensors for rotary and fixed-wing aircraft; simulation and training services, and unmanned systems and technologies, among others. Space Systems segment is engaged in the research and development, design, engineering and production of satellites, strategic and defensive missile systems and space transportation systems.
Aerospace & Defense
6801 ROCKLEDGE DR
Marillyn A. Hewson
Executive Chairman of the Board
James D. Taiclet
President, Chief Executive Officer, Director
Kenneth R. Possenriede
Chief Financial Officer, Executive Vice President
Frank A. St. John
Chief Operating Officer
Richard F. Ambrose
Executive Vice President - Space
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U.S. defence company Raytheon <RTN.N> is lobbying Japanese lawmakers to replace Lockheed Martin Corp <LMT.N> as the supplier of powerful radars as Tokyo reconsiders plans for two Aegis Ashore missile defence sites, three sources said.
James Taiclet, the new chief executive at Lockheed Martin the Pentagon's largest weapons supplier, is keen to use 5G networks to bolster the militaries' autonomous capabilities, he told Reuters in an interview following the company's earnings announcement on Tuesday.
United Arab Emirates state defence conglomerate EDGE said on Tuesday it was taking full ownership of UAE military repair and maintenance company AMMROC by buying the 40% stake held by Lockheed Martin <LMT.N>.
China will sanction Lockheed Martin for involvement in the latest U.S. arms sale to Chinese-claimed Taiwan, Beijing said on Tuesday, adding tension to its troubled relationship with the United States.
China's Foreign Ministry said on Tuesday the government would put sanctions on Lockheed Martin for involvement in the latest U.S. arms sale to Chinese-claimed Taiwan.
The U.S. State Department said on Thursday it had approved the possible sale of 105 Lockheed Martin <LMT.N> F-35 fighter jets to Japan at an estimated cost of $23 billion.
The U.S. Senate Armed Services Committee said on Thursday it had authorized $9.1 billion to procure 95 F-35 aircraft in its version of the 2021 National Defense Authorization Act, or NDAA, an annual bill setting policy for the Department of Defense.
The U.S. Senate Armed Services Committee said on Thursday it had authorized $9.1 billion to produce 95 F-35 aircraft in its version of the 2021 National Defense Authorization Act, or NDAA, an annual bill setting policy for the Department of Defense.
Lockheed Martin <LMT.N> said on Tuesday it will slow production of its stealthy F-35 fighter jets at its Texas facility, possibly delaying delivery of between 18 and 24 jets due to a parts shortage as the coronavirus hampers production across the jet's vast supply chain.
Lockheed Martin said on Tuesday it will slow production of its stealthy F-35 fighter jets at its Texas facility, possibly delaying delivery of between 18 and 24 jets due to a parts shortage as the coronavirus hampers production across the jet's vast supply chain.
* ADAGE CAPITAL PARTNERS GP LLC DISSOLVES SHARE STAKE IN ZOOM VIDEO COMMUNICATIONS
U.S. weapons maker Lockheed Martin Corp <LMT.N> said on Friday it would pay an additional $300 million to its suppliers hurt by a sharp economic slowdown caused by the coronavirus crisis.
Lockheed Martin Co <LMT.N> was awarded a $6.07 billion contract from the U.S. Army for the production of Patriot Advanced Capability-3 (PAC-3) Missile Segment Enhancement (MSE) interceptors and associated equipment, the Pentagon said on Thursday.
* LOCKHEED MARTIN - SINCE CORONAVIRUS OUTBREAK, CO HAS HIRED MORE THAN 1,700 NEW EMPLOYEES TO SUPPORT ESSENTIAL NATIONAL SECURITY WORK
Lockheed Martin <LMT.N> 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.
* Q1 SALES $15.7 BILLION VERSUS REFINITIV IBES ESTIMATE OF $15.08 BILLION
Lockheed Martin Corp, the Pentagon's No.1 weapons supplier, reported a 9.2% rise in quarterly revenue on Tuesday, helped by higher sales in its aeronautics unit, which makes the F-35 fighter jets.
Defense contractor Lockheed Martin Corp <LMT.N> said on Friday it hired about 1,000 employees in the last two weeks and increased payments to suppliers to counter the impact from the coronavirus pandemic.
Defense contractor Lockheed Martin Corp <LMT.N> said on Friday that it would advance more than $50 million to suppliers hurt by a sharp economic slowdown caused by efforts to stop the coronavirus.
Lockheed Martin Corp was awarded a $932 million Pentagon contract on Tuesday for THAAD interceptor missiles, some of which are slated to be delivered to the Kingdom of Saudi Arabia.
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.