Second Battery of Lockheed Martin's THAAD Weapon System Activated at Fort Bliss
On 1:00 pm EDT, Friday October 16, 2009
Companies:Lockheed Martin Corporation
EL PASO, Texas, Oct. 16 /PRNewswire/ -- The U.S. Army and the Missile Defense Agency (MDA) activated the second Terminal High Altitude Area Defense (THAAD) Battery today in a ceremony at Fort Bliss, Texas. The A-2 Battery consists of approximately 100 Soldiers in the 11th Air Defense Artillery Brigade, of the 32nd Army Air and Missile Defense Command. Lockheed Martin (NYSE: LMT - News) is the prime contractor and systems integrator for the THAAD Weapon System.
Today's activation signifies the continued integration of THAAD into the U.S. Army's Air and Missile Defense force structure. Unit training on the second THAAD Battery is underway with equipment hardware deliveries slated to occur within a year
Yes. Look at BA moving its (our) technology into foreign parnterships.
LMT and Ocean Power Buoys is a very wise move. This will give LMT a heads-up in the future need for ocean-basing of our forces. Navy wins! Also, this is a focus on enhancing energy development in good-old-USA. Smart mmgt. team: ocean power buoys increases future potential for LMT business from all angles.
BA has windmills and LMT has force/economic multiplier. Ship-to-ship extension ramping is another quick way to enhance new mobile military sea basing strategy.
LMT needs to grab the next-gen VTOL mil-cil contracts. Some of these new VTOLs need to have seacraft capabilites w/ ability to produce H/O boost fuels from ambient sea-water conversion.
Multi-celled, air-pump controlled savo-ius (sp)vertical stealth material windmills, would be a possible research project for LMT naval/domestic use? Go Shunkers!
Great! Let the Big Folks lower LMT stock price---buy more?
Old folks retiring and pension fund gonna hurt bottom line.
Recent downgrade by Cowen.
Uncertainty for defense stocks based on budgets in the future including paring down F35 numbers. (how can LMT give guidance for the next year and more with more supposed to be hawks becoming doves in key decision making processes?
Abnormal volume on down days which institutions are supposed to own over 95% of the stock. Fidelity used to be number 2 in holdings and now-not even listed.Have you seen the list of holders?
Stock buyback and raised dividend expecting people to buy in. Uh-will LMT buy high or low? Raised dividend-good but where will be the price after the dividend? So far, the last 2, down while the market has been going up.