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Lockheed Martin Corp

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  • Early Glance: Aerospace companies Thursday, 23 Oct 2014 | 11:56 AM ET

    Boeing rose $1.28 or 1.1 percent, to $122.73. Lockheed Martin Corp. rose $2.16 or 1.2 percent, to $178.17. Northrop Grumman Corp. rose $1.02 or. 8 percent, to $126.13.

  • Final Glance: Aerospace companies Wednesday, 22 Oct 2014 | 6:09 PM ET

    Boeing fell $5.67 or 4.5 percent, to $121.45. Lockheed Martin Corp. rose $3.40 or 2.0 percent, to $176.01. Northrop Grumman Corp. fell $1.02 or. 8 percent, to $125.11.

  • UPDATE 1-Lockheed Martin challenges contract to Raytheon Wednesday, 22 Oct 2014 | 5:09 PM ET

    Government Accountability Office challenging the Air Force's decision to pick Raytheon Co to develop a new long-range radar. Raytheon earlier this month beat out Northrop and Lockheed to develop a replacement for the Air Force's current TPS-75 radar, which has been in service since the late 1960 s. The Air Force issued a stop-work order to Raytheon on Tuesday...

  • Lockheed Martin challenges contract to Raytheon Wednesday, 22 Oct 2014 | 1:42 PM ET

    WASHINGTON, Oct 22- Lockheed Martin Corp on Wednesday said it had filed a formal protest with the U.S. Government Accountability Office challenging the U.S. Air Force's decision to pick Raytheon Co to develop a new long-range radar. Lockheed's move follows a similar protest filed on Tuesday by Northrop Grumman Corp..

  • Midday Glance: Aerospace companies Wednesday, 22 Oct 2014 | 1:18 PM ET

    Boeing fell $4.52 or 3.6 percent, to $122.60. Lockheed Martin Corp. rose $3.19 or 1.8 percent, to $175.80. Northrop Grumman Corp. fell$. 80 or. 6 percent, to $125.34.

  • General Dynamics Corp shares were up 3 percent at $127.60 in early afternoon after the maker of tanks, ships and business jets reported that quarterly net profit rose 6.4 percent to $694 million, or $2.05 per share, and raised its earnings forecast by 25 cents a share. Northrop posted a 5 percent drop in net earnings to $473 million, or $2.26 per share, from $497...

  • ISTANBUL, Oct 22- Lockheed Martin and Turkish missile manufacturer Roketsan signed an agreement Wednesday to produce and sell Turkey's SOM-J air-launched cruise missile for the F-35 Lightning II combat jet, the companies said. "Lockheed Martin has a long history of partnership with Turkey, and we look forward to working closely with Roketsan on this very...

  • Early Glance: Aerospace companies Wednesday, 22 Oct 2014 | 10:36 AM ET

    Boeing fell $1.84 or 1.4 percent, to $125.28. Lockheed Martin Corp. rose $1.63 or. 9 percent, to $174.24. Northrop Grumman Corp. rose $1.03 or. 8 percent, to $127.16.

  • Raytheon beat out Northrop and Lockheed Martin Corp to develop a replacement for the Air Force's current TPS-75 radar, which has been in service since the late 1960 s. Raytheon said it would work closely with the Air Force to mitigate any resulting delays once the issue was resolved. "The Air Force ran a very tough but very fair competition, and selected the world...

  • Final Glance: Aerospace companies Tuesday, 21 Oct 2014 | 6:01 PM ET

    Boeing rose $2.81 or 2.3 percent, to $127.12. Lockheed Martin Corp. fell $2.92 or 1.7 percent, to $172.61. Northrop Grumman Corp. rose $1.46 or 1.2 percent, to $126.13.

  • WASHINGTON, Oct 21 (Reuters)- Lockheed Martin Corp, the top supplier to the U.S. military, forecast a drop in 2015 sales and reported lower-than-expected quarterly revenue for the second time this year. The projected decline pointed to "further Department of Defense pain," RBC Capital Markets analyst Robert Stallard said in a client note. The company said it...

  • Midday Glance: Aerospace companies Tuesday, 21 Oct 2014 | 1:43 PM ET

    Boeing rose $2.67 or 2.1 percent, to $126.98. Lockheed Martin Corp. fell $3.62 or 2.1 percent, to $171.91. Northrop Grumman Corp. rose$. 80 or. 6 percent, to $125.47.

  • GAVIƃO PEIXOTO, Brazil, Oct 21- Embraer's new military cargo jet could be adapted to serve niche civilian markets including the oil and mining industries, executives with the Brazilian plane maker said after unveiling the aircraft on Tuesday. Paulo Gastao, director of Embraer's KC-390 program, said ordinary civilian cargo operators tend to operate cheaper...

  • Early Glance: Aerospace companies Tuesday, 21 Oct 2014 | 11:56 AM ET

    Boeing rose $1.43 or 1.2 percent, to $125.74. Lockheed Martin Corp. fell $8.07 or 4.6 percent, to $167.46. Northrop Grumman Corp. fell$. 69 or. 6 percent, to $123.98.

  • *European shares surge on report ECB to buy corporate bonds Wall Street to start up, earnings from Coca Cola, McDonalds due. LONDON, Oct 21- European shares got a major lift while the euro and the region's bond yields fell on Tuesday after European Central Bank insiders told Reuters the bank was readying a plan to buy corporate bonds. Traders had already been giving a...

  • Lockheed tops 3Q net income expectations Tuesday, 21 Oct 2014 | 7:33 AM ET

    BETHESDA, Md. _ Lockheed Martin Corp. on Tuesday reported net income of $888 million in its third quarter. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of $2.72 per share. Analysts expected $11.24 billion, according to Zacks.

  • SEOUL/ WASHINGTON, Oct 21- South Korea said it could cancel a planned $1 billion- plus deal for BAE Systems Plc to upgrade its F-16 fighter jets and seek a new different contractor if talks with the British company do not proceed smoothly. While BAE has been on cost and schedule with an initial $140 million development contract for the upgrades of the 134 jets, the U.S....

  • Final Glance: Aerospace companies Monday, 20 Oct 2014 | 6:05 PM ET

    Boeing rose $1.07 or. 9 percent, to $124.31. Lockheed Martin Corp. fell$. 71 or. 4 percent, to $175.53. Northrop Grumman Corp. rose$. 23 or. 2 percent, to $124.67.

  • Midday Glance: Aerospace companies Monday, 20 Oct 2014 | 1:23 PM ET

    Boeing rose$. 40 or. 3 percent, to $123.64. Lockheed Martin Corp. fell $2.02 or 1.1 percent, to $174.22. Northrop Grumman Corp. fell $1.02 or. 8 percent, to $123.42.

  • Early Glance: Aerospace companies Monday, 20 Oct 2014 | 10:40 AM ET

    Boeing rose$. 20 or. 2 percent, to $123.44. Lockheed Martin Corp. fell $1.00 or. 6 percent, to $175.24. Northrop Grumman Corp. fell$. 48 or. 4 percent, to $123.96.