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Lockheed Martin-led Team To Begin Work On $4.6B Defense Information Systems Agency Contract
Wednesday, October 3, 2012 - 8:31am | 213Lockheed Martin (NYSE: LMT) will begin managing the transformation of the Department of Defense's global data network, known as the Global Information Grid. The determination on this Defense Information Systems Agency (DISA) contract was made by the Government Accountability Office after a protest...
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Lockheed Martin Awarded $1.85B Upgrade Contract For 145 F-16s Of The Republic Of China Air Force
Monday, October 1, 2012 - 3:53pm | 267Lockheed Martin (NYSE: LMT) was awarded a contract valued up to $1.85 billion by the U.S. Government to initiate the upgrade of 145 Block 20 F-16A/B aircraft for the Republic of China (RoC). This retrofit program will include the addition of an Active Electronically Scanned Array (AESA) radar,...
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Lockheed Martin Increases Dividend to $1.15 from $1
Thursday, September 27, 2012 - 11:52am | 50Today, the Lockheed Martin (NYSE: LMT) board of directors authorized a fourth quarter 2012 dividend of $1.15 per share, a $0.15, or 15 percent, increase over last quarter. The dividend is payable on Dec. 28, 2012 to holders of record as of the close of business on Dec. 3, 2012.
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L-3 Wins Contract to Provide Communications for International Space Station for $24M
Wednesday, September 26, 2012 - 7:47am | 94L-3 Communications (NYSE: LLL) announced today that it has been awarded a $24 million contract to deliver communications units for NASA's Common Communications for Visiting Vehicles (C2V2) program. The C2V2 program provides standardized communications between the International Space Station (ISS)...
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U.S. Army Awards Lockheed Martin $111 Million Apache Logistics Contract
Monday, September 24, 2012 - 8:06am | 232Lockheed Martin (NYSE: LMT) has received a $111 million Modernized Target Acquisition Designation Sight/Pilot Night Vision Sensor (M-TADS/PNVS) Performance Based Logistics (PBL) contract from the U.S. Army. The PBL contract is a firm-fixed price, comprehensive sustainment solution that enables...
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L-3 Awarded Contract for US Navy's CDL Hawklink Program
Thursday, September 20, 2012 - 6:21pm | 136L-3 Communications (NYSE: LLL) announced today that its Communication Systems-West (CS-West) division was selected for the 2012 to 2017 full-rate production contract of CDL Hawklink valued at $181 million, with $28 million to be awarded this year. L-3 is the current...
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Lockheed Martin Gets Part of 5-Year Pact Up to $23B
Tuesday, September 18, 2012 - 9:02am | 104The U.S. Army Sustainment Command selected Lockheed Martin (NYSE: LMT) to compete for future opportunities to provide maintenance operations, supply support and transportation services through its new Enhanced Army Global Logistics Enterprise (EAGLE) program. The Army's Directorate of Logistics...
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L-3 Communications Initiates Redemption of All of Its Remaining Outstanding 6⅜% Senior Subordinated Notes Due 2015
Thursday, September 13, 2012 - 4:56pm | 134L-3 Communications (NYSE: LLL) announced today that L-3 Communications Corporation, its wholly owned subsidiary, has initiated a redemption of its remaining outstanding $250 million of 6⅜% Senior Subordinated Notes due in 2015 (the “Notes”). The Notes will be redeemed...
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L-3 Communications Initiates Redemption of All of Its Remaining Outstanding 6⅜% Senior Subordinated Notes Due 2015
Thursday, September 13, 2012 - 4:20pm | 204L-3 Communications Holdings (NYSE: LLL) announced today that L-3 Communications Corporation, its wholly owned subsidiary, has initiated a redemption of its remaining outstanding $250 million of 6⅜% Senior Subordinated Notes due in 2015 (the “Notes”). The Notes will be redeemed on October 15, 2012...
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Why Weather Forecasters Are More Accurate Than Stock Analysts
Monday, September 10, 2012 - 12:11pm | 2348According to New York Times statistical wunderkind Nate Silver, the National Hurricane Center’s accuracy has improved 250% over the last 25 years.More accurate weather predictions benefit the economy, boosting the efficiency of businesses like FedEx (NYSE: FDX), which employs 15 in-house...
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U.S. Air Force Awards Lockheed Martin $152 Million Sniper ATP Sustainment Contract
Thursday, September 6, 2012 - 8:04am | 153Lockheed Martin (NYSE: LMT) has received a $152 million contract from the U.S. Air Force for Sniper® Advanced Targeting Pod (ATP) sustainment support over a five-year period, beginning in September 2012. The contract transitions legacy Sniper pod sustainment support from Wright Patterson Air Force...
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L-3 Awarded Up to $300M Contract Position to Support Major U.S. Air Force Cyber Initiative
Tuesday, August 28, 2012 - 8:32am | 82L-3 Communications (NYSE: LLL) announced today that its STRATIS division has been awarded an indefinite-delivery/indefinite-quantity (ID/IQ) contract under the Agile Cyber Technology (ACT) program. Supporting the U.S. Air Force Research Laboratory (AFRL), ACT has a funding ceiling of $300 million...
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Meritor Defense Supports Lockheed Martin with ProTec Suspension for JLTV Development Contract
Monday, August 27, 2012 - 3:32pm | 106Meritor, Inc. (NYSE: MTOR) announces that its ProTec High Mobility Independent Suspension (HMIS) will be integrated into Lockheed Martin's (NYSE: LMT) military vehicle that recently advanced to the next round of the Army and Marine Corps Joint Light Tactical Vehicle (JLTV) program. Lockheed...
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Top 4 Large-Cap Stocks In The Aerospace/Defense Products & Services Industry With The Highest ROE
Monday, August 27, 2012 - 12:29am | 131Below are the top large-cap aerospace/defense products & services stocks on the NYSE and the NASDAQ in terms of return on equity. The trailing-twelve-month return on equity at Lockheed Martin (NYSE: LMT) is 102.40%. Lockheed Martin's profit margin for the same period is 5.96%. The trailing-...
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Benzinga's Top Upgrades
Thursday, August 23, 2012 - 6:16am | 129Analysts at Sterne Agee upgraded Anworth Mortgage Asset (NYSE: ANH) from “neutral” to “buy.” Anworth Mortgage Asset's shares closed at $6.63 yesterday. Anworth Mortgage Asset's trailing-twelve-month operating margin is 88.69%. Analysts at Credit Suisse upgraded AllianceBernstein Holding LP (NYSE...