LMT Dec 2024 470.000 call
- Zacks
RTX Secures a Contract to Build AN/APY-10 Radar Systems
RTX is set to manufacture and supply 18 AN/APY-10 Radar Systems for the P-8A Poseidon aircraft.
- Simply Wall St.
Lockheed Martin (NYSE:LMT) shareholders have earned a 8.0% CAGR over the last five years
The main point of investing for the long term is to make money. Furthermore, you'd generally like to see the share...
- Associated Press Finance
Lockheed Martin subsidiaries reach $70 million settlement for claims they overcharged Navy for parts
Two Lockheed Martin subsidiaries have agreed to pay the federal government $70 million for overcharging the Navy for aircraft parts, the U.S. Department of Justice announced Friday. The federal agency says Sikorsky Support Services, based in Stratford, Connecticut, and Derco Aerospace, headquartered in Milwaukee, Wisconsin, knowingly entered into an improper subcontract for spare parts and materials for aircrafts used to train Navy pilots. Under the contract, Sikorsky purchased the parts from Derco at the cost Derco paid other suppliers, plus a 32% markup.
