Company Overview and News

to your dashboard

Headline News

Is U.S.-North Korea Tiff Driving the U.S. Defense Industry?

9h zacks
While President Donald Trump and North Korean president Kim Jong-Un indulged in verbal blows over the past few months,the U.S. aerospace and defense industry has thrived. There’s no denying that, while deal making activities have been historically boosting defense stocks, repeated counteractive missile-tests conducted by these two nations have been vital to the broader Aerospace sector’s Q3 outperformance. (77-0)

SpeedNews Defense & Space

12h aviationweek
AUSTRALIA announced a series of industry days in November/December across the continent for small-to-medium businesses interested in subcontracting to RAYTHEON on the National Advanced Surface to Air Missile System (Nasams). LOCKHEED MARTIN has $92.9m U.S. Navy contract for Mobile User Objective System (MUOS) engineering services, interim logistics services, spares and associated material. GENERAL DYNAMICS MISSION SYSTEMS has $14. (3-0)

Lockheed Martin Hands Control Of MUOS-5 Satellite To Navy

17h defensedaily
Lockheed Martin [LMT] and the U.S. Navy’s Communications Satellite program Office handed over operational control of the fifth Mobile User Objective System (MUOS-5) communications satellite to the Naval Satellite Operations Center (NAVSOC) on Oct. 11 following… (3-0)

Lockheed Martin delays F-35 Block 3F software final certification to February

17h janes
A Lockheed Martin executive expects the company to complete final certification for the F-35 Lightning II Joint Strike Fighter (JSF) Block 3F full combat capability software in February, a delay from a previously estimated goal of the end of 2017. (3-0)

Lockheed Martin Inches Closer To My Price Target

22h seekingalpha
Over the last two weeks or so, I’ve spent a lot of time looking at the Aerospace and Defense sector. The sector's gain of 30% in 2017 has almost doubled the S&P 500’s return. While I am bullish on the sector, I felt that Raytheon (RTN) and Northrup Grumman (NOC) are overvalued at current levels. I found General Dynamics (GD), on the other hand, to be undervalued. Which camp does Lockheed Martin (LMT), a name my wife and I own in the March to Freedom Fund, fall into? Defense spending by the United States government is expected to be approximately $600 billion next year. (6-0)

LM Achieves LRDR Critical Design Review On-Schedule

22h asdnews
Lockheed Martin (NYSE: LMT) completed a rigorous Critical Design Review (CDR) on Sept. 28 with the Missile Defense Agency (MDA) for the Long Range Discrimination Radar (LRDR), demonstrating compliance to all technical performance measures and requirements. The radar system will support a layered ballistic missile defense strategy to protect the U.S. homeland from ballistic missile attacks. (3-0)

US Navy Accepts 5th LM-Built MUOS Satellite for New Secure Global Military Cellular Network

22h asdnews
You are here: ASDNews Home > US Navy Accepts 5th LM-Built MUOS Satellite for New Secure Global Military Cellular Network (3-0)

Possible UAE F-35 Buy Poses Political And Security Challenges

2017-11-17 aviationweek
As the United Arab Emirates (UAE) positions itself to be the first Gulf operator of Lockheed Martin’s F-35, concerns abound about the potential political and security implications of such a deal. After toying with several options to replace or augment its fleet of Dassault Mirage 2000s and Lockheed F-16s, including buying Russia’s Sukhoi Su-35, Abu Dhabi now appears to be all-in on the F-35. A day after U. (3-0)

Lockheed Martin And MDA Finish LRDR Critical Design Review

2017-11-16 defensedaily
Lockheed Martin [LMT] and the Missile Defense Agency (MDA) have finished the critical design review (CDR) for the Long Range Discrimination Radar (LRDR), validating the radar is ready to move into the fabrication, demonstration, and test phase, the company said… (3-0)

Boeing & flydubai Ink $27B Deal for 225 737 MAX Airplanes

2017-11-16 zacks
The Boeing Company (BA - Free Report) has inked a deal with flydubai for 225 737 MAX airplanes. Valued at $27 billion at current list prices, the order was awarded during the 2017 Dubai Air Show. It marks the largest-ever single-aisle jet order from a Middle East carrier. Order in Detail The agreement comprises a commitment for 175 MAX airplanes and purchase rights for 50 additional MAX jets. Among these 175 airplanes, the order includes over 50 737 MAX 10s — the newest and largest member of the 737 MAX family — along with other MAX 8 and MAX 9 airplanes. (75-0)

Plane-Parts Maker GKN Drops New Chief Six Weeks Before He Starts - Bloomberg

2017-11-16 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. (80-0)

BAE to support the Hawk fleet in the UAE to 2020

2017-11-16 asdnews
We have signed an agreement with AMMROC (Advanced Military Maintenance Repair and Overhaul Center) LLC to provide continued support to the Hawk aircraft fleet in the United Arab Emirates. (7-0)

LM Integrates New Engine for Fury UAV

2017-11-16 asdnews
Fury, the expeditionary, runway-independent unmanned air vehicle (UAV) now has engine updates that will further increase its flight endurance, Lockheed Martin (NYSE: LMT) announced today. (3-0)

NAVAIR hosts 1st orientation flight in a CH-53K King Stallion

2017-11-16 asdnews
Naval Air Systems Command and Sikorsky, a Lockheed Martin company, hosted a ‘first of its kind’ orientation flight in the CH-53K King Stallion for Brig. Gen. Nir Nin-Nun, Israeli Air Force, Commander, Air Support and Helicopter Division, during a test flight Nov. 7. (3-0)

Fund to disrupt Silicon Valley and back moonshots for social good

2017-11-16 cnbc
While many in Silicon Valley focus on futuristic technology — ranging from cryptocurrency to drone delivery — a quiet movement is afoot among young entrepreneurs that have audacious ideas to change the world and help society. (4-0)

CUSIP: 539830909