Lockheed wins $1bn Indian order
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US defence firm Lockheed Martin wins a $1bn order from India for six C-130J military transport planes.
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U.S. antitrust authorities said on  Tuesday they had approved plans by Lockheed Martin Corp.   to buy privately held military support and training  company Pacific Architects and Engineers Inc.
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U.S. antitrust authorities said on   Tuesday they had approved plans by Lockheed Martin Corp.   LMT.N to buy privately held military support and training   company Pacific Architects and Engineers Inc.
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Lockheed Martin won a follow-on contract from the Army worth $311 million for a fourth delivery of Arrowhead electronic optical targeting and night-vision systems for the AH-64 Apache combat helicopters.
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After decades on the sidelines, U.S. defense contractors are eyeing India's growing military budget and aging arsenal as a multibillion-dollar opportunity that could help offset a projected slowdown in Pentagon weapons spending and extend production lines for such items as the F-16 fighter.
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Tata Steel of India has bought Anglo-Dutch producer Corus for 13.7 billion dollars, beating Brazilian rival CSN in an auction that highlighted the growing global clout of emerging market companies.
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A US company has received more than $1bn in funding to build prototype unmanned fighter aircraft for the American military.
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The contract for a biometric database system that would track citizens' irises, faces, palm prints and other identifying marks goes to Lockheed Martin, which will be paid $1 billion for its development.
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India plans to buy 40 Hawk trainer jets for its air force from defence group BAE Systems in addition to 66 purchased for 1.45 billion dollars in 2004, officials said.
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Raytheon Co. , the world's largest missile maker, received a US Navy order worth as much as $1.6 billion over five years for an updated version of the Tomahawk cruise missile used in Iraq.
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After a four-year competition, Lockheed Martin Corp. won a Navy contract worth up to $3.3 billion yesterday to develop satellites that could help soldiers and sailors communicate.
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India plans to buy 40 Hawk trainer jets for its air force from British Aerospace (BAe) in addition to 66 purchased for 1.45 billion dollars in 2004, officials said Wednesday.
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Lockheed Martin Corp.  has won a contract modification worth $1 billion to build 23 more F-22 fighter aircraft plus one test aircraft, the Pentagon said Tuesday.
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Science Applications International Corp  has won a one-year contract valued at up to $1.05 billion to provide maintenance, repair and operations supplies to the Army, Air Force, Navy and Marine Corps, the Pentagon said on Monday.
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Stocks to watch on Monday: LOCKHEED MARTIN CORP. :
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By Kara Rowland, The Washington Times  Sep. 5--Shares of Lockheed Martin Corp. inched up 1 percent Friday after  NASA announced it had awarded the Bethesda company a $3.9 billion contract to  build Orion, its next-generation spacecraft.
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NEW YORK  - No. 1 U.S. defense contractor Lockheed Martin Corp.  reported a 41 percent rise in quarterly profit on Tuesday, beating Wall Street forecasts, as demand soared for its combat aircraft and information technology services.