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Lockheed Martin Corp

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  • Final Glance: Aerospace companies Friday, 27 Feb 2015 | 6:02 PM ET

    Lockheed Martin Corp. fell $1.28 or. 6 percent, to $200.05. Northrop Grumman Corp. fell$. 60 or. 4 percent, to $165.71. Raytheon rose$. 17 or. 2 percent, to $108.77.

  • WASHINGTON, Feb 27- The Air Force urgently needs a new long-range bomber to replace its aging fleet and will keep costs at or below a $550 million cap for each warplane, top U.S. officials told lawmakers on Friday. Air Force Secretary Deborah James said the Air Force understood that runaway costs had to be contained, and noted that a sharp reduction from the planned...

  • Midday Glance: Aerospace companies Friday, 27 Feb 2015 | 1:25 PM ET

    Lockheed Martin Corp. fell$. 69 or. 3 percent, to $200.64. Northrop Grumman Corp. rose$. 14 or. 1 percent, to $166.45. Raytheon rose$. 69 or. 6 percent, to $109.29.

  • Early Glance: Aerospace companies Friday, 27 Feb 2015 | 11:10 AM ET

    Lockheed Martin Corp. fell$. 49 or. 2 percent, to $200.84. Northrop Grumman Corp. rose$. 10 or. 1 percent, to $166.41. Raytheon rose$. 27 or. 2 percent, to $108.87.

  • Final Glance: Aerospace companies Thursday, 26 Feb 2015 | 6:02 PM ET

    Lockheed Martin Corp. fell $2.03 or 1.0 percent, to $201.33. Northrop Grumman Corp. fell $1.64 or 1.0 percent, to $166.31. Raytheon fell$. 56 or. 5 percent, to $108.60.

  • Representative Rodney Frelinghuysen, a senior member of the Appropriations Committee in the House of Representatives, chided President Barack Obama for proposing a $534 billion Pentagon base budget that "ignores the law" by exceeding federal spending caps by nearly $35 billion. Frelinghuysen told Navy and Marine Corps leaders to submit specific lists of...

  • Midday Glance: Aerospace companies Thursday, 26 Feb 2015 | 1:19 PM ET

    Lockheed Martin Corp. fell $1.24 or. 6 percent, to $202.12. Northrop Grumman Corp. fell $1.01 or. 6 percent, to $166.94. Raytheon rose$. 12 or. 1 percent, to $109.28.

  • Early Glance: Aerospace companies Thursday, 26 Feb 2015 | 10:35 AM ET

    Lockheed Martin Corp. fell$. 96 or. 5 percent, to $202.40. Northrop Grumman Corp. fell$. 83 or. 5 percent, to $167.12. Raytheon fell$. 03 or percent, to $109.13.

  • WASHINGTON, Feb 25- The U.S. Air Force on Wednesday said it will release plans within months for replacing the Russian-built RD-180 motors that now power some rockets used to launch military satellites into space, but said it would likely miss a 2019 congressional deadline to start using a new U.S. engine. Congress last year passed a law that requires the Air Force...

  • Midday Glance: Aerospace companies Wednesday, 25 Feb 2015 | 1:18 PM ET

    Lockheed Martin Corp. fell $1.63 or. 8 percent, to $204.99. Northrop Grumman Corp. fell$. 97 or. 6 percent, to $169.22. Raytheon fell$. 64 or. 6 percent, to $109.55.

  • Early Glance: Aerospace companies Wednesday, 25 Feb 2015 | 11:23 AM ET

    Lockheed Martin Corp. fell$. 57 or. 3 percent, to $206.05. Northrop Grumman Corp. rose$. 24 or. 1 percent, to $170.43. Raytheon fell$. 23 or. 2 percent, to $109.96.

  • US Army secretary optimistic on relief from budget caps Wednesday, 25 Feb 2015 | 10:26 AM ET

    McHugh said that if the budget caps, known as sequestration, remained in place, U.S. lawmakers would have to make tough decisions about which missions it wanted to Army to abandon. If sequestration cuts take effect, he said, the Army would try to protect two big weapons programs for new ground vehicles: a Humvee replacement contract due to be awarded this year, and a...

  • ABU DHABI, Feb 25- Sikorsky Aircraft Corp, a unit of United Technologies Corp, expects to sell around 400 helicopters in the Middle East over the next five to ten years, roughly as many as it has delivered to the region to date, its regional head said on Wednesday. "Expansion of the existing fleet of 400 will be in a proportional manner, and modernisation is going to drive...

  • WASHINGTON, Feb 24- The U.S. Navy remains committed to its plans to buy the carrier-based variant of Lockheed Martin Corp's F-35 fighter jet and declare it ready for initial combat use by 2018, Vice Chief of Naval Operations Admiral Michelle Howard said on Tuesday. Howard said there was no doubt the Navy would need tactical and strike aircraft based on aircraft...

  • Final Glance: Aerospace companies Tuesday, 24 Feb 2015 | 6:02 PM ET

    Lockheed Martin Corp. rose $1.03 or. 5 percent, to $206.62. Northrop Grumman Corp. fell$. 33 or. 2 percent, to $170.19. Raytheon rose$. 53 or. 5 percent, to $110.19.

  • WASHINGTON— The Supreme Court appeared likely Tuesday to make it easier for participants in employee retirement plans to challenge companies' investment decisions that eat into retirement savings. The justices heard arguments in an appeal filed by current and former employees of energy company Edison International. Fifty-three million people hold...

  • Midday Glance: Aerospace companies Tuesday, 24 Feb 2015 | 1:17 PM ET

    Lockheed Martin Corp. rose$. 21 or. 1 percent, to $205.80. Northrop Grumman Corp. fell$. 68 or. 4 percent, to $169.84. Raytheon rose$. 26 or. 2 percent, to $109.92.

  • Early Glance: Aerospace companies Tuesday, 24 Feb 2015 | 11:24 AM ET

    Lockheed Martin Corp. fell$. 50 or. 2 percent, to $205.09. Northrop Grumman Corp. fell$. 71 or. 4 percent, to $169.81. Raytheon fell$. 21 or. 2 percent, to $109.46.

  • Abu Dhabi, Feb 24- U.S. drone makers are expecting a surge in sales of military and civilian drones to Gulf states after the State Department eased export rules last week, industry executives said on Tuesday. "With this new policy, we see a lot more activity, we are talking to a lot more countries in the Middle East," he said on the sidelines of the International Defence...

  • Final Glance: Aerospace companies Monday, 23 Feb 2015 | 6:04 PM ET

    Lockheed Martin Corp. rose $1.60 or. 8 percent, to $205.59. Northrop Grumman Corp. fell $1.68 or 1.0 percent, to $170.52. Raytheon rose$. 78 or. 7 percent, to $109.66.