Lockheed Martin Corp (LMT.N)
29 Jul 2016
Exclusive - Japan to upgrade Patriot batteries for Olympics as North Korean missile threat grows: sources
TOKYO Japan is upgrading its Patriot PAC-3 missile defence system in time for the 2020 Tokyo Olympic Games, adding range and accuracy needed to intercept more advanced North Korean ballistic missiles, four sources with knowledge of the plan said.
* Decision follows successful June test of N.Korea Musudan rocket
Lockheed Martin Corp , the Pentagon's No. 1 weapons supplier, reported better-than-expected quarterly revenue and lifted its 2016 revenue and profit forecasts for the second time, buoyed by increased deliveries of its F-35 fighter jets.
* Shares hit record high (Adds analyst comment, background; updates shares)
* Currently negotiating final contract terms with a customer and expects to receive additional funding by end of 2016
July 19 Lockheed Martin Corp, Pentagon's No. 1 weapons supplier, reported an 11 percent rise in quarterly sales as the company benefited from the acquisition of helicopter maker Sikorsky Aircraft and increased sales of its F-35 fighter jet.
FARNBOROUGH, England The U.S. Air Force has developed a new framework for assessing the resilience of its satellites that should allow it to start the acquisition process for more military communication and missile detection satellites this autumn, a senior official said at the Farnborough Airshow this week.
FARNBOROUGH, England, July 14 The U.S. Air Force has developed a new framework for assessing the resilience of its satellites that should allow it to start the acquisition process for more military communication and missile detection satellites this autumn, a senior official said at the Farnborough Airshow this week.
The following stocks may be affected by newspaper reports and other factors on Thursday:
FARNBOROUGH, England Lockheed Martin Corp on Tuesday said it expected Europe's MBDA to submit a proposal for a new $4.5 billion (3.4 billion pounds) missile defence system to the German defence ministry fairly soon, paving the way for negotiations with the government.
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