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Lockheed Martin Corp

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  • April 21- Lockheed Martin Corp, the Pentagon's No. 1 weapons supplier, reported a 6 percent fall in quarterly profit, partly due to fewer aircraft deliveries. The company raised its 2015 earnings forecast to $10.85- $11.15 per share from $10.80- $11.10, and reiterated its revenue forecast of $43.50 billion- $45.00 billion. Lockheed's net income fell to $878 million,...

  • April 21- Lockheed Martin Corp, the Pentagon's No. 1 weapons supplier, reported a 6 percent fall in quarterly profit, partly due to fewer aircraft deliveries. The company's net income fell to $878 million, or $2.74 per share, in the first quarter ended March 29, from $933 million, or $2.87 per share, a year earlier. Revenue fell 5.1 percent to $10.1 billion.

  • Lockheed tops 1Q profit forecasts Tuesday, 21 Apr 2015 | 7:33 AM ET

    BETHESDA, Md. _ Lockheed Martin Corp. on Tuesday reported first-quarter net income of $878 million. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $2.48 per share. Six analysts surveyed by Zacks expected $10.21 billion.

  • Final Glance: Aerospace companies Monday, 20 Apr 2015 | 7:10 PM ET

    Lockheed Martin Corp. rose $1.98 or 1.0 percent, to $196.80. Northrop Grumman Corp. rose $2.53 or 1.6 percent, to $162.69. Raytheon fell$. 23 or. 2 percent, to $107.49.

  • Traders work on the floor of the New York Stock Exchange.

    Amid the deluge of major earnings reports, traders will also be keeping an eye on the oil market, as U.S. oil futures for May expire Tuesday.

  • Midday Glance: Aerospace companies Monday, 20 Apr 2015 | 1:17 PM ET

    Lockheed Martin Corp. rose $1.97 or 1.0 percent, to $196.79. Northrop Grumman Corp. rose $2.37 or 1.5 percent, to $162.53. Raytheon fell$. 12 or. 1 percent, to $107.60.

  • Early Glance: Aerospace companies Monday, 20 Apr 2015 | 10:38 AM ET

    Lockheed Martin Corp. rose $1.02 or. 5 percent, to $195.84. Northrop Grumman Corp. rose $1.46 or. 9 percent, to $161.62. Raytheon fell$. 91 or. 8 percent, to $106.81.

  • Earnings next test for stocks after market wipeout Monday, 20 Apr 2015 | 5:52 AM ET
    Traders work on the floor of the New York Stock Exchange.

    Stocks could chop around and rack up more losses in the week ahead, with the next wave of corporate earnings reports.

  • Sales of US arms fuel the wars of Arab states Sunday, 19 Apr 2015 | 7:31 AM ET
    A damaged car which was hit by Saudi-led Arab coalition forces to fight against Houthis, in Sanaa, Yemen, April 1, 2015.

    Soon, the Emirates are expected to complete a deal with General Atomics for a fleet of Predator drones to run spying missions. The NYT reports.

  • Vencore's owner, private equity firm Veritas Capital Management LLC, has hired Stone Key Group LLC and Wells Fargo& Co to advise on an auction for the company, three people said on Friday. Veritas Capital and Wells Fargo declined to comment. Veritas Capital bought the company, which was previously called SI Organization Inc, from Lockheed Martin Corp for $815...

  • Final Glance: Aerospace companies Friday, 17 Apr 2015 | 6:03 PM ET

    Lockheed Martin Corp. fell $2.30 or 1.2 percent, to $194.82. Northrop Grumman Corp. fell $3.22 or 2.0 percent, to $160.16. United Technologies Corp. fell $2.37 or 2.0 percent, to $115.11.

  • COLORADO SPRINGS, Colo., April 17- The United States needs disruptive new technologies, new ways of acquiring equipment and bandwidth, and closer ties with global allies to stay ahead of growing challenges in space from China, Russia and others, the head of U.S. General John Hyten said the United States had been bracing for threats to its satellite systems for years,...

  • Earnings next test for stocks after market wipeout Friday, 17 Apr 2015 | 4:29 PM ET
    Traders work on the floor of the New York Stock Exchange.

    Stocks could chop around and rack up more losses in the week ahead, with the next wave of corporate earnings reports.

  • Midday Glance: Aerospace companies Friday, 17 Apr 2015 | 1:17 PM ET

    Lockheed Martin Corp. fell $1.33 or. 7 percent, to $195.79. Northrop Grumman Corp. fell $2.72 or 1.7 percent, to $160.66. Raytheon fell$. 60 or. 6 percent, to $108.33.

  • Early Glance: Aerospace companies Friday, 17 Apr 2015 | 10:57 AM ET

    Lockheed Martin Corp. fell $1.91 or 1.0 percent, to $195.21. Northrop Grumman Corp. fell $3.08 or 1.9 percent, to $160.30. Raytheon fell $1.36 or 1.2 percent, to $107.57.

  • Final Glance: Aerospace companies Thursday, 16 Apr 2015 | 6:03 PM ET

    Lockheed Martin Corp. fell$. 09 or percent, to $197.12. Northrop Grumman Corp. rose$. 14 or. 1 percent, to $163.38. Raytheon rose$. 34 or. 3 percent, to $108.93.

  • Midday Glance: Aerospace companies Thursday, 16 Apr 2015 | 1:28 PM ET

    Lockheed Martin Corp. fell$. 24 or. 1 percent, to $196.97. Northrop Grumman Corp. rose$. 35 or. 2 percent, to $163.59. Raytheon rose$. 20 or. 2 percent, to $108.79.

  • Prime Minister Narendra Modi announced last week that India would buy 36 French Rafale jets for an estimated $4.3 billion, in effect ending talks on a larger deal for 126 planes that would have sucked up some $20 billion and locked rivals out of the market for a generation. Saab was proposing to establish "fully-fledged production" of the Gripen in India...

  • Final Glance: Aerospace companies Wednesday, 15 Apr 2015 | 5:57 PM ET

    Lockheed Martin Corp. fell$. 13 or. 1 percent, to $197.21. Raytheon rose$. 14 or. 1 percent, to $108.59. Textron rose$. 30 or. 7 percent, to $45.91.

  • Midday Glance: Aerospace companies Wednesday, 15 Apr 2015 | 2:34 PM ET

    Lockheed Martin Corp. rose$. 90 or. 5 percent, to $198.24. Northrop Grumman Corp. rose$. 56 or. 3 percent, to $163.80. Raytheon rose$. 43 or. 4 percent, to $108.88.