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Lockheed Martin Corp

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  • Deputy Defense Secretary Robert Work on Wednesday urged NATO allies to develop and make more innovative weapons, and said bold action was needed to stay ahead of rapid weapons development by China, Russia and other countries. Work said it was critical to increase collaboration with allies in NATO, Asia and other areas, ranging from mission planning to...

  • WASHINGTON, Jan 28- The U.S. Air Force on Wednesday awarded a $383 million contract for more launch services to United Launch Alliance, a joint venture of Boeing Co and Lockheed Martin Corp, bringing the total value of the contract to $4.08 billion. The Air Force said it was adding three pre-priced launches to the existing contract, including the launch of a...

  • Deputy Defense Secretary Robert Work on Wednesday urged NATO allies to develop and make more innovative weapons, and said bold action was needed to stay ahead of rapid weapons development by China, Russia and other countries. Concerns about weapons development from other countries was a key reason that the Pentagon's fiscal 2016 budget plan to be delivered...

  • Final Glance: Aerospace companies Wednesday, 28 Jan 2015 | 6:07 PM ET

    Boeing rose $7.16 or 5.4 percent, to $139.64. Lockheed Martin Corp. fell $1.30 or. 7 percent, to $189.25. Northrop Grumman Corp. fell$. 78 or. 5 percent, to $152.16.

  • Midday Glance: Aerospace companies Wednesday, 28 Jan 2015 | 1:21 PM ET

    Boeing rose $8.20 or 6.2 percent, to $140.68. Lockheed Martin Corp. rose $2.37 or 1.2 percent, to $192.92. Northrop Grumman Corp. rose $1.62 or 1.1 percent, to $154.56.

  • General Dynamics profit jumps 42%, jet orders rise Wednesday, 28 Jan 2015 | 11:21 AM ET
    A Gulfstream G280 jet, by Gulfstream Aerospace Corp., a unit of General Dynamics.

    General Dynamics reported a 42 percent jump in profit and said quarterly aircraft orders were at their highest in more than three years.

  • *Expects 2015 rev $31.3 bln- $31.5 bln vs est $31.2 bln. *Rev $8.36 bln vs est $8.04 bln. Jan 28- General Dynamics Corp, maker of Gulfstream jets, tanks and war ships, forecast better-than-expected revenue for 2015 as aircraft orders touched their highest in more than three years.

  • Early Glance: Aerospace companies Wednesday, 28 Jan 2015 | 10:41 AM ET

    Boeing rose $5.36 or 4.0 percent, to $137.84. Lockheed Martin Corp. rose $4.14 or 2.2 percent, to $194.69. Northrop Grumman Corp. rose $2.24 or 1.5 percent, to $155.18.

  • Jan 28- General Dynamics Corp, maker of Gulfstream jets, tanks and U.S. Navy ships, reported a 42 percent jump in fourth-quarter profit and said quarterly aircraft orders were at their highest in more than three years. General Dynamics said on Wednesday it returned about $4.2 billion to shareholders through stock repurchases and dividends in 2014, more than...

  • NEW YORK, Jan 28- President Barack Obama's plan to put the United States at the forefront of individually tailored medical treatment should give a much-needed boost to research in the field but experts say it won't work without reforms to healthcare, including drug testing and insurance. Obama said he wanted the United States to "lead a new era of medicine, one...

  • Final Glance: Aerospace companies Tuesday, 27 Jan 2015 | 6:08 PM ET

    Boeing fell $1.59 or 1.2 percent, to $132.48. Lockheed Martin Corp. fell $5.13 or 2.6 percent, to $190.55. Northrop Grumman Corp. fell $2.60 or 1.7 percent, to $152.94.

  • Midday Glance: Aerospace companies Tuesday, 27 Jan 2015 | 1:36 PM ET

    Boeing fell $1.94 or 1.4 percent, to $132.13. Lockheed Martin Corp. fell $3.75 or 1.9 percent, to $191.93. Northrop Grumman Corp. fell $1.29 or. 8 percent, to $154.25.

  • *Forecasts earnings $10.80- $11.10/ share vs est $11.49. Jan 27- Lockheed Martin Corp, the Pentagon's largest arms supplier, forecast 2015 earnings below analysts' estimates due to lower pension income. The maker of the F-35 fighter jet, satellites and coastal warships has been hurt as the Pentagon tries to cut about $1 trillion in projected spending from its...

  • Early Glance: Aerospace companies Tuesday, 27 Jan 2015 | 10:25 AM ET

    Boeing fell $2.68 or 2.0 percent, to $131.39. Lockheed Martin Corp. fell $3.69 or 1.9 percent, to $191.99. Northrop Grumman Corp. fell $2.17 or 1.4 percent, to $153.37.

  • Jan 27- Lockheed Martin Corp, the Pentagon's largest arms supplier, reported a better-than-expected 8.6 percent rise in quarterly revenue, helped by higher demand for its F-35 fighter jets. The Pentagon is trying to cut about $1 trillion in projected spending from its budget over a decade as required by a 2011 law. Lockheed, which also makes satellites and...

  • Lockheed beats Street 4Q forecasts Tuesday, 27 Jan 2015 | 8:12 AM ET

    BETHESDA, Md. _ Lockheed Martin Corp. on Tuesday reported fourth-quarter earnings of $904 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of $2.81 per share. Analysts expected $11.87 billion, according to Zacks.

  • Higher F-35 jet demand boosts Lockheed Martin revenue Tuesday, 27 Jan 2015 | 7:44 AM ET

    Jan 27- Lockheed Martin Corp, the Pentagon's largest arms supplier, reported an 8.6 percent rise in quarterly revenue, helped by higher demand of its F-35 fighter jets. Revenue increased to $12.53 billion in the fourth quarter ended Dec. 31 from $11.53 billion a year earlier. Revenue at the company's aeronautics division increased 6 percent to $4.14 billion.

  • Obama ends landmark day in India with $4B pledge Monday, 26 Jan 2015 | 6:21 PM ET

    Obama ended a landmark day in India with a $ 4 billion pledge, seeking to release the "untapped potential" of a business and strategic partnership.

  • Final Glance: Aerospace companies Monday, 26 Jan 2015 | 6:04 PM ET

    Boeing fell$. 55 or. 4 percent, to $134.07. Lockheed Martin Corp. fell $1.76 or. 9 percent, to $195.68. Northrop Grumman Corp. fell$. 65 or. 4 percent, to $155.54.

  • Midday Glance: Aerospace companies Monday, 26 Jan 2015 | 1:53 PM ET

    Boeing fell$. 34 or. 3 percent, to $134.28. Lockheed Martin Corp. fell $2.53 or 1.3 percent, to $194.91. Northrop Grumman Corp. fell $1.12 or. 7 percent, to $155.07.