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Lockheed Martin Corp

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  • Final Glance: Aerospace companies Monday, 23 Mar 2015 | 6:03 PM ET

    Lockheed Martin Corp. fell$. 85 or. 4 percent, to $202.92. Northrop Grumman Corp. rose$. 10 or. 1 percent, to $162.72. Raytheon fell$. 05 or percent, to $112.35.

  • Pfizer and ImmunoGen are big market movers Monday, 23 Mar 2015 | 4:45 PM ET

    NEW YORK— Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and the Nasdaq Stock Market:. Pfizer Inc., up 80 cents to $35.05. Cliffs Natural Resources Inc., up 51 cents to $4.81.

  • Midday Glance: Aerospace companies Monday, 23 Mar 2015 | 1:32 PM ET

    Lockheed Martin Corp. fell$. 35 or. 2 percent, to $203.43. Northrop Grumman Corp. rose$. 30 or. 2 percent, to $162.92. Raytheon rose$. 10 or. 1 percent, to $112.50.

  • Early Glance: Aerospace companies Monday, 23 Mar 2015 | 10:12 AM ET

    Lockheed Martin Corp. fell$. 35 or. 2 percent, to $203.42. Northrop Grumman Corp. rose$. 71 or. 4 percent, to $163.33. Raytheon rose$. 03 or percent, to $112.43.

  • US, Lockheed fixing glitch with GPS satellites Monday, 23 Mar 2015 | 7:45 AM ET

    Lockheed Martin said it is working to resolve a glitch disclosed by the U.S. Air Force that affected some global positioning system (GPS) satellites.

  • Lockheed said the error involved the ground control system for GPS satellites it runs for the Air Force. Lockheed spokeswoman Christine Courard said the company had put a "workaround" in place to avoid further errors and was working on a full software correction with the Air Force. Air Force spokesman Andy Roake said the issue came to light in recent days, but...

  • TOKYO, March 23- Two Japanese firms that until recently were the frontrunners to win a multi-billion dollar contract to build Australia's new submarines have rebuffed an invitation to attend a gathering of top Australian naval officials and politicians this week. The no-show by Mitsubishi Heavy Industries and Kawasaki Heavy Industries at an event called...

  • Lockheed Martin Corp runs the GPS "ground control" segment, which enables Air Force officials to operate all GPS satellites, including the IIF satellites built by Boeing. The Air Force said the issue came to light in recent days, but a close examination of archived data showed the problem had gone unnoticed since 2013. It gave no details of the extent of the problem,...

  • WASHINGTON, March 22- The head of the U.S. House Armed Services Committee plans to introduce legislation on Wednesday as part of a six-year drive aimed at speeding up and improving the way the Pentagon buys arms at a time of rapid gains in technology by Russia and China. The legislation includes six measures proposed by Pentagon acquisition chief Frank Kendall,...

  • WASHINGTON, March 22- The U.S. Defense Department is taking aggressive action to bolster the security of U.S. weapons systems against cyberattacks, including issuing new rules for acquisitions that will be finalized in coming months, officials told Reuters. Increased focus on cybersecurity could create opportunities for Lockheed Martin Corp, General...

  • Final Glance: Aerospace companies Friday, 20 Mar 2015 | 8:00 PM ET

    Lockheed Martin Corp. rose $1.58 or. 8 percent, to $203.77. Northrop Grumman Corp. rose$. 10 or. 1 percent, to $162.62. Raytheon rose $1.66 or 1.5 percent, to $112.40.

  • Midday Glance: Aerospace companies Friday, 20 Mar 2015 | 1:25 PM ET

    Lockheed Martin Corp. rose $1.32 or. 7 percent, to $203.51. Northrop Grumman Corp. rose $1.40 or. 9 percent, to $163.92. Raytheon rose $1.76 or 1.6 percent, to $112.50.

  • Early Glance: Aerospace companies Friday, 20 Mar 2015 | 10:19 AM ET

    Lockheed Martin Corp. rose$. 48 or. 2 percent, to $202.67. Northrop Grumman Corp. rose$. 26 or. 2 percent, to $162.78. Raytheon rose $1.59 or 1.4 percent, to $112.33.

  • WASHINGTON, March 19- Further budget cuts would put the U.S. military's ability to protect the United States in "serious jeopardy" at a time when Iran and North Korea are advancing their own missile programs, the head of the U.S. Missile Defense Agency said on Thursday. That would affect Lockheed Martin Corp, Boeing Co and Raytheon Co. The three companies are working...

  • WASHINGTON, March 19- Further budget cuts would put the U.S. military's ability to protect the United States in "serious jeopardy" at a time when Iran and North Korea are advancing their own missile programs, the head of the U.S. Missile Defense Agency said on Thursday. That would affect Lockheed Martin Corp, Boeing Co and Raytheon Co. The three companies are working...

  • Midday Glance: Aerospace companies Thursday, 19 Mar 2015 | 2:00 PM ET

    Lockheed Martin Corp. fell$. 94 or. 5 percent, to $201.66. Northrop Grumman Corp. fell$. 78 or. 5 percent, to $162.06. Raytheon fell$. 08 or. 1 percent, to $110.59.

  • WASHINGTON, March 19- The Pentagon on Thursday lowered the projected procurement cost of Lockheed Martin Corp's F-35 fighter jet by almost two percent and officials vowed to keep trimming the cost of the largest U.S. arms program. Lockheed and the Pentagon's F-35 program office welcomed the lower cost estimate for the stealthy new warplanes and said they were...

  • Pentagon projects drop in cost of Lockheed F-35 Thursday, 19 Mar 2015 | 10:57 AM ET

    The Defense Department projects a nearly two percent drop in the cost to buy 2,457 Lockheed Martin Corp F-35 fighter jets in coming decades.

  • Early Glance: Aerospace companies Thursday, 19 Mar 2015 | 10:22 AM ET

    Lockheed Martin Corp. fell$. 06 or percent, to $202.54. Northrop Grumman Corp. rose$. 45 or. 3 percent, to $163.29. Raytheon rose$. 25 or. 2 percent, to $110.92.

  • "Continued reliance on Russian rocket engines is unacceptable and it's time the Air Force conduct itself accordingly," McCain, chairman of the Senate Armed Services Committee, told a hearing with senior Air Force officials. McCain said Congress had given the Air Force $220 million this fiscal year and set a deadline of 2019 for replacing the engine.