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LMI Aerospace COO Resigns
Wednesday, November 14, 2012 - 5:30pm | 148LMI Aerospace, Inc. (Nasdaq: LMIA), a leading provider of design engineering services and supplier of structural assemblies, kits and components to the aerospace, defense and technology markets, today announced the resignation of Ryan Bogan, Chief Operating Officer. Mr. Bogan, who has been LMI's...
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Lockheed Martin Acquires Chandler/May
Tuesday, November 13, 2012 - 8:07am | 359Lockheed Martin (NYSE: LMT) today announced the acquisition of Chandler/May, Inc., a company that specializes in the design, development, integration, manufacturing, and support of fully integrated mission critical systems for unmanned aerial systems (UAS) and Command, Control, Communications,...
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US Stock Futures Up; DR Horton, Beazer Homes Earnings In Focus
Monday, November 12, 2012 - 5:59am | 337US stock futures are higher this morning. Futures for the Dow Jones Industrial Average surged 29 points to 12,793 and S&P 500 index futures rose 3 points to 1,378.70. Nasdaq 100 futures gained 9.25 points to 2,589.75. US stocks closed higher on Friday, with the Dow Jones Industrial Average...
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Stocks To Watch For November 12, 2012
Monday, November 12, 2012 - 2:19am | 228Some of the stocks that may grab investor focus today are: Wall Street expects Beazer Homes USA (NYSE: BZH) to post a Q4 loss at $1.22 per share on revenue of $335.11 million. Beazer Homes shares fell 0.54% to $16.55 in after-hours trading. Precision Castparts (NYSE: PCP) announced its plans to...
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Earnings Scheduled For November 1, 2012
Thursday, November 1, 2012 - 2:54am | 566Avon Products (NYSE: AVP) is expected to report its Q3 earnings at $0.22 per share on revenue of $2.58 billion. Ralph Lauren (NYSE: RL) is estimated to report its Q2 earnings at $2.15 per share on revenue of $1.84 billion. Kellogg Company (NYSE: K) is projected to report its Q3 earnings at $0.80...
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Lockheed Martin Receives $26M Royal Jordanian Air Force Contract
Monday, October 29, 2012 - 9:14am | 219The U.S. Air Force has awarded Lockheed Martin (NYSE: LMT) a $26 million foreign military sales contract to modernize the Royal Jordanian Air Force's national air command, control and communications infrastructure. Lockheed Martin will provide the Kingdom of Jordan with an integrated, real-time air...
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Lockheed Martin Wins $114 Million Contract to Enhance Combat Vehicle Training
Monday, October 29, 2012 - 8:07am | 265The U.S. Army competitively awarded Lockheed Martin (NYSE: LMT) a $114 million, five-year contract to upgrade combat vehicle simulators for soldier training and to expand the training capability for the Marine Corps. Lockheed Martin will develop and install 13 upgrades for close combat tactical...
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Lockheed Martin To Provide Coast Guard With Secure Mobile Access To Electronic Medical Records
Wednesday, October 24, 2012 - 8:05am | 263A wireless solution developed by Lockheed Martin (NYSE: LMT) will soon be used by U.S. Coast Guard medical providers and health care staff to update electronic records on wireless devices. The U.S. Coast Guard selected Lockheed Martin's MONAXOffice, to accelerate accessing electronic medical...
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US Stock Futures Up Ahead Of Boeing Earnings
Wednesday, October 24, 2012 - 5:05am | 495US stock futures are slightly higher this morning, as investors are awaiting earnings from Boeing Co (NYSE: BA) and new home sales data. Futures for the Dow Jones Industrial Average surged 11 points to 13,052.00 and S&P 500 index futures rose 3.10 points to 1,409.90. Nasdaq 100 futures gained 2...
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Earnings Scheduled For October 24, 2012
Wednesday, October 24, 2012 - 3:12am | 722American Electric Power Co (NYSE: AEP) is expected to report its Q3 earnings at $1.02 per share on revenue of $4.61 billion. The Boeing Company (NYSE: BA) is estimated to report its Q3 EPS at $1.12 on revenue of $20.03 billion. AT&T (NYSE: T) is projected to report its Q3 earnings at $0.60...
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Stocks To Watch For October 24, 2012
Wednesday, October 24, 2012 - 2:10am | 186Some of the stocks that may grab investor focus today are: Wall Street expects AT&T (NYSE: T) to report its Q3 earnings at $0.60 per share on revenue of $31.58 billion. AT&T shares gained 0.29% to $35.10 in after-hours trading. Facebook (NASDAQ: FB) reported a 36% surge in its third-...
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U.S. Navy Selects L-3 for Installation of Undersea Warfare Training Range
Tuesday, October 23, 2012 - 8:02am | 361L-3 Communications (NYSE: LLL) announced today that its MariPro division has been awarded a multi-year contract with a potential value of $127 million, if all options are exercised, to install an Undersea Warfare Training Range off the coast of Jacksonville, Fla., for the U.S. Navy. The scope of...
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Lockheed Martin Receives $34 Million Contract for paveway II Plus Laser Guided Bomb Kits
Wednesday, October 17, 2012 - 9:02am | 321Lockheed Martin (NYSE: LMT) received a $34.1 million contract from the U.S. Air Force for follow-on production of paveway II Plus Laser Guided Bomb (LGB) GBU-10, GBU-12 and GBU-16 guidance kits. With this contract, Lockheed Martin received the majority share of a $56 million paveway II Plus LGB...
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Lockheed Martin-Led Industry Team Receives $13.5 Million Contract
Tuesday, October 9, 2012 - 7:03am | 295The Office of Naval Research has awarded a $13.5 million contract to an industry team led by Lockheed Martin (NYSE: LMT) to explore highly advanced autonomous technologies aboard an unmanned vertical take-off and landing aircraft. Under the contract, Lockheed Martin and a team of industry,...
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Lockheed Martin Says Will Reorganize Electronic Systems Into 2 New Business Areas; Berry Will Retire; Will Hit 200 Jobs
Monday, October 8, 2012 - 8:05am | 109With a continuing focus on lean and efficient operations, Lockheed Martin Corporation (NYSE: LMT) today announced it will reorganize its Electronic Systems business area into two new business areas that position the company for growth by increasing customer alignment and reducing costs. Effective...