LMT News and Press, Lockheed Martin Corporation From 06/27/22

United States Army and Sikorsky Strengthen Army Aviation Fleet with 10th H-60 Black Hawk Helicopter Contract PR Newswire STRATFORD, Conn. , June 27, 2022 /PRNewswire/ -- The United States government and Sikorsky, a Lockheed Martin company (NYSE: LMT)...

WEST DES MOINES, Iowa, June 27, 2022 (GLOBE NEWSWIRE) -- Athene USA ("Athene"), a leading retirement services company and wholly owned subsidiary of Apollo Global Management (NYSE: APO), announced the close of its third pension group annuity (“PGA”) transaction with global sec...

Lockheed Martin (NYSE:LMT) said on Monday it has bought annuity contracts that will enable the transfer of ~$4.3B in gross pension obligations and related plan assets for ~13,600 U.S. retirees and beneficiaries to Athene Holding (ATH). Lockheed (LMT) said the contracts were purchased using as...

Lockheed Martin Reduces Gross Pension Obligation by $4.3 Billion with Purchase of Group Annuity Contracts PR Newswire BETHESDA, Md. , June 27, 2022 /PRNewswire/ -- Lockheed Martin Corporation (NYSE: LMT) today announced it has purchased group annuity co...

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Lockheed Martin (NYSE:LMT) has been awarded an ID/IQ contract in the amount of $581.64M for Global Positioning System (or GPS) IIR IIR-M III IIIF On-Orbit Support. This contract will provide engineering services to the operational units in support of GPS Block IIR/IIR-M/III/IIIF satellite con...

As the #1 and #2 defense contractors on the BGOV 200 List, Lockheed and Raytheon compete for large projects but cooperate when components are outsourced. The major difference is that Lockheed is a pure defense company while Raytheon is about 35% in commercial aviation; their 1-year an...

The trillion-dollar question: Are we in a recession? If so, what does this mean for stocks? The stock market is pricing in a recession, as are independent econometric models run by the Fed. Much of the decline is already priced in, but I believe we have another 10% downside to fai...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips With the Federal Reserve aggressively increasing interest rates by 75 basis points, equity markets have plunged. Amid the fear and uncertainties, I see a golden opportunity for investors to accumulate quality stocks. While ...

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