Lockheed to take $110 million Q4 charge for court ruling
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The nation&#39;s largest defense contractor will take a $110 million charge against its fourth quarter earnings after losing a court bid to salvage at least some of the money it pumped
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Lockheed Martin of Bethesda has won a four-year, $33 million contract to upgrade an Internal Revenue Service program that helps professional tax preparers and others conduct business with the agency over the Internet.
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The U.S. Government Accountability Office said it would rule on Monday on a $15 billion helicopter contract to Boeing Co.  that was protested by Lockheed Martin Corp.  and Sikorsky Aircraft, a unit of United Technologies Corp. .
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Boeing Co.  has been awarded an 11-year, $2.02 billion contract for 242 wing sets for the Air Force's A-10 fleet designed to support ground troops, the Pentagon said on Friday.
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Sears Holdings Corp.  said on Monday it would take a fourth-quarter pre-tax charge of $73.5 million after a lawsuit found its subsidiary, Sears Roebuck and Co., liable to institutional bondholders.
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Lockheed Martin Corp.  has  beaten L-3 Communications Holdings Inc.  to win a $1.07  billion 10-year contract for training of Air Force special  operations forces and search and rescue crews.
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US Airways Group Inc. (UAIR.O: Quote, Profile, Research) told a bankruptcy court on Monday it would skip a $110 million pension payment due Wednesday
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And now the ball's in Lockheed's court.
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Lockheed Martin Corp.  LMT.N has  received two U.S. Air Force contracts totaling $716 million to  continue work on its F/A-22 Raptor fighter jet, designed to be  the world's most capable, amid reports the $72 billion program  may be scaled back sharply, the company said Friday.
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Chicago-based Boeing Co. BA.N has  won a $928 million contract to field the ground-based midcourse  defense part of a planned U.S. missile defense shield, the  Pentagon announced on Monday.
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A definite... maybe. Lockheed Martin (nyse: LMT - news - people ) Chief Executive Robert Stevens says the firm hasn&#39;t ruled out bidding on a contract to supply air tankers to the Air Force.
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NASA has awarded a $330.6 million contract to the aerospace company Lockheed Martin to design and build a robot spaceship to carry replacement parts to the Hubble Space Telescope to keep it operating for another five to seven years.
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The Federal Aviation Administration announced yesterday that it had awarded a 10-year, $1.9 billion contract to Bethesda defense contractor Lockheed Martin Corp. to provide general aviation flight services currently performed by about 2,500 FAA employees.
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The U.S. Navy will soon announce  whether Lockheed Martin Corp. LMT.N or Raytheon Co. RTN.N  will build a $6.4 billion communications system to beef up  satellite services for U.S. troops, the White House and State  Department, a spokesman said on Tuesday.
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Lockheed Martin Corp. said Monday that its maritime systems and sensors unit received contracts worth $625 million to develop radar systems for an international air defense program that aims to replace the Patriot and Hawk missile systems.
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The Pentagon will soon choose either  Boeing Co  or Lockheed Martin Corp  to design a  next-generation radio system for aircraft, ships and ground  stations, a deal potentially worth billions of dollars to the  winning bidder.
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A US company has received more than $1bn in funding to build prototype unmanned fighter aircraft for the American military.