|Bid||0.00 x 900|
|Ask||0.00 x 800|
|Day's Range||317.58 - 323.38|
|52 Week Range||286.03 - 363.00|
|PE Ratio (TTM)||38.92|
|Forward Dividend & Yield||8.00 (2.59%)|
|1y Target Est||N/A|
Papa John’s, Goldman Sachs, Lockheed Martin and Boeing are the companies to watch.
Space leaders from both sides of the Atlantic gathering for this week’s Farnborough International Airshow are primed to showcase partnerships outside the atmosphere. From promoting space tourism to proposing new launch sites to setting up assembly lines to churn out small satellites, company and government space officials from the U.S. and Europe are pursuing intercontinental collaboration. In the first such example at this year’s event, the U.K.’s space agency on Monday announced that Lockheed Martin Corp. won a $31 million contract to develop the country’s first spaceport, to be located on the north coast of Scotland.
Lockheed Martin Corp is being awarded a $451 million contract modification to a previously awarded contract for material and detail design in support of the construction of four Multi Mission Surface Combatant ...
LONDON (AP) — Aviation is soaring: Passenger traffic is up, fuel prices are under control and rising demand from Asia is driving aircraft orders. So what could possibly go wrong?
The Pentagon's multi-billion "handshake deal" with Lockheed Martin Corp. to purchase a new batch of F-35 fighter jets will be a boon for arms maker Raytheon Co. . The next-generation jet has had a tough run as cost overruns and political opposition has hampered the delivery of the aircraft in recent years.
Among the companies with shares expected to trade actively in Monday's session are Bank of America, Boeing, Amazon.com, Netflix and BlackRock.
The U.S. State Department is negotiating a potential deal to sell Turkey the Raytheon Co Patriot missile defense system as an alternative to the Russian-made S-400 system Turkey has agreed to purchase, an official said on Monday. U.S. Ambassador Kaidanow, the Acting Assistant Secretary of State for Political-Military Affairs, told reporters that a delegation of U.S. government officials at the Farnborough Airshow was holding meetings with allies in the hopes of bolstering U.S. defense trade. Turkey has attracted criticism from NATO allies over its planned purchase of the S-400 missile defense systems from Russia, which could jeopardize Ankara's purchase of Lockheed Martin made F-35 Joint Strike Fighter jets.
Lockheed Martin Corp. reached a handshake agreement with the F-35 Joint Program Office for Lot 11 of F-35 aircraft.
Northrop Grumman Corporation (NYSE:NOC) announced July 12 that current CEO Wes Bush would step aside as chief executive at the end of the year to be replaced by COO Kathy Warden. Under Bush’s leadership, NOC stock generated an annualized total return over eight-and-a-half years of 27.5%. Warden will be hard-pressed to deliver those kinds of numbers, but it’s important to point out that Bush’s tenure benefited greatly by taking over in January 2010, less than a year into the longest bull market in U.S. history.
Britain wants to build its first spaceport for launching satellites in Scotland, with the government kick-starting the project by handing almost 30 million pounds ($40 million) in grants to companies including Lockheed Martin. UK Business Minister Greg Clark said the new site at Sutherland on the northerly-most tip of mainland Scotland would provide facilities for vertically-launched space rockets and satellites to take off into orbit. Under the plans announced on Monday, U.S. group Lockheed and its partners will receive 23.5 million pounds in grants from the UK Space Agency which will go towards establishing launch operations at Sutherland and developing a new system for deploying small satellites in Reading, southern England.
Britain wants to build its first spaceport for launching satellites in Scotland, with the government kick-starting the project by handing almost 30 million pounds ($40 million) in grants to companies including Lockheed Martin (LMT.N). UK Business Minister Greg Clark said the new site at Sutherland on the northerly-most tip of mainland Scotland would provide facilities for vertically-launched space rockets and satellites to take off into orbit.
Missile maker Raytheon Co said its StormBreaker bomb had entered operational testing phase, bringing it a step closer to providing U.S. Air Force pilots with the capability to strike moving targets in adverse weather. StormBreaker, formerly called the Small Diameter Bomb II, enters the phase after completing a successful Operational Test Readiness Review in Spring 2018, Raytheon said. The bomb will be fielded first on the F-15E Strike Eagle, and is planned to be integrated onto the Lockheed Martin Corp-made F-35 Joint Strike Fighter by 2022, Raytheon said.
The Pentagon said Sunday that it had reached a multi-billion-dollar “handshake deal” with Lockheed Martin Corp. on buying the next batch of F-35 combat jets after months of wrangling over price and other terms. Ellen Lord, the Pentagon’s chief weapons buyer, announced the preliminary deal in a statement on the eve of the biennial Farnborough Air Show, though last week she canceled plans to attend the U.K. event, citing other commitments. The F-35 is the world’s largest military program and already accounts for about a quarter of Lockheed’s annual sales, as well as significant shares at partners including Northrop Grumman Corp., BAE Systems PLC and United Technologies Corp., the latter of which finalized a deal on the engines for the new jets earlier this year.
The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy. Headlines Lockheed chosen to launch Britain's commercial space age ...
Aerospace firms are setting out wares from luxury jets to lethal drones at back-to-back British air shows this week, hoping trade tensions will not deter airlines from buying jetliners even as geopolitical uncertainty allows them to sell more weapons. The quintessentially English atmosphere of the Royal International Air Tattoo, where straw-hatted VIPs watch fighters thunder over picturesque Cotswolds villages, gives way on Monday to the Farnborough Airshow, where the hard-nose business deals in the $800 billion (604.59 billion pounds) aerospace and defence sector will be done. Trade tensions between the United States and both China and Europe, disputes over the consequences of Britain's exit from the European Union and an increase in global protectionist rhetoric have barely dented a prolonged industry boom.
L3 Technologies Inc (LLL.N) said on Sunday it hired former senior Lockheed Martin Corp (LMT.N) executive Steve O'Bryan as its global chief of business development, the latest in a series of appointments aimed at expanding the company's reach. O'Bryan's departure from Lockheed this past spring had come as a surprise to many in the industry, given his long years of work drumming up business for the company's F-35 fighter jet and in more recent years, helicopters, warships and other weapons. At L3, O'Bryan will be responsible for all aspects of organic growth, including U.S. military programmes and foreign sales, the company said.
L3 Technologies Inc said on Sunday it hired former senior Lockheed Martin Corp executive Steve O'Bryan as its global chief of business development, the latest in a series of appointments aimed at expanding the company's reach. O'Bryan's departure from Lockheed this past spring had come as a surprise to many in the industry, given his long years of work drumming up business for the company's F-35 fighter jet and in more recent years, helicopters, warships and other weapons. At L3, O'Bryan will be responsible for all aspects of organic growth, including U.S. military programmes and foreign sales, the company said.
The United States has struck a preliminary deal to buy F-35 jets from Lockheed Martin (LMT.N) worth about $13 billion (9.82 billion pounds), clearing the way for a larger multi-year purchase that aims to bring the cost per jet down to $80 million by 2020, sources said. The deal for 141 F-35s lowers the price of the F-35A, the most common version of the stealthy fighter jet, to about $89 million, down around 6 percent from $94.3 million in the last deal struck in February 2017, the sources familiar with the talks said. Bringing down the cost of the world's most expensive defence programme is crucial to securing more orders, both in the United States and abroad.
Tough talk from Trump should have the intended result, but could also motivate European allies to spend more on domestically produced goods.
Integrating a blockbuster acquisition and bouncing back from a spate of bad publicity are just a couple of the things facing Kathy Warden when she succeeds Wes Bush Jan. 1.
Space Systems/Loral, LLC, known as SSL, is laying off roughly 5 percent of its workforce, citing more slowdowns in the satellite business. The Palo Alto rocket manufacturing company confirmed Thursday that it will lay off off 109 employees at its Palo Alto headquarters at 3825 Fabian Way. The list of jobs affected include executive directors, several senior engineers, a marketing vice president and supply chain vice presidents, according to a recent filing with the state employment department, which requires companies to provide advance notice of mass layoffs.