Lockheed Martin Corp

NYSE:LMTUnited States

Yesterday

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• Corporate Employers Accused of Increasing Risk Of Pension Shortfalls in Violation of Employee Retirement Income Security Act of 1974 ("ERISA") (Brower Piven Release), from 13 hours ago by GlobeNewswire

  13 hours ago by GlobeNewswire
  Companies Mentioned: GE, LMT, WY, AA, ATI

• Corporate Employers Accused of Increasing Risk Of Pension Shortfalls in Violation of Employee Retirement Income Security Act of 1974 ("ERISA") (Brower Piven Release), from 13 hours ago by Dow Jones

  13 hours ago by Dow Jones
  Companies Mentioned: GE, LMT, WY, AA, ATI, AWI, BMY
  
  Corporate Employers Accused of Increasing Risk Of Pension Shortfalls in Violation of Employee Retirement Income Security Act of 1974 ("ERISA") (Brower Piven Release)
  
  BALTIMORE, Md., May 30, 2024 (GLOBE NEWSWIRE) -- Lawsuits have been filed alleging that a number of large corporate employers have offloaded billions of dollars in pension obligations to Athene Annuity and Life Company and/or Athene Annuity & Life Assurance Company of New York, subsidiaries of Athene Holding Ltd. (collectively, "Athene") in violation of ERISA. In addition to AT&T Inc., Lockheed Martin Corporation (NYSE: LMT), and Alcoa Corporation (NYSE: AA), against which lawsuits have already been filed, according to SEC filings and/or Athene's public statements, Bristol-Myers Squibb Company (NYSE: BMY), Armstrong World Industries, Inc. (NYSE: AWI), ATI, Inc. (NYSE: ATI), Weyerhaeuser Company (NYSE: WY), and General Electric (NYSE: GE) have offloaded pension obligations to Athene.
  

• FTAI Aviation to Buy Lockheed Martin Commercial Engine Solutions for $170 Million, from 15 hours ago by MT Newswires

  15 hours ago by MT Newswires
  Companies Mentioned: LMT, FTAI
  09:22 AM EDT, 05/30/2024 (MT Newswires) -- FTAI Aviation (FTAI) said Thursday that it has agreed to buy Lockheed Martin Commercial Engine Solutions from Lockheed Martin Canada for $170 million. The deal is slated to be completed in H2. Lockheed Mar...

• Press Release: FTAI Aviation Agrees to Purchase Lockheed Martin Commercial Engines Solutions, from 16 hours ago by Dow Jones

  16 hours ago by Dow Jones
  Companies Mentioned: LMT, FTAI
  
  FTAI Aviation Agrees to Purchase Lockheed Martin Commercial Engines Solutions
  
  NEW YORK and MONTRÉAL, May 30, 2024 (GLOBE NEWSWIRE) -- FTAI Aviation Ltd. (NASDAQ: FTAI) announces entry into an agreement to purchase Lockheed Martin Commercial Engine Solutions ("LMCES") from Lockheed Martin Canada for a purchase price of $170 million. The acquisition is subject to customary regulatory approvals and is anticipated to close in the second half of 2024.
  

• DJ F-35 Deliveries Still Expected In The Fall -- Market Talk, from 16 hours ago by Dow Jones

  16 hours ago by Dow Jones
  Companies Mentioned: LMT
  
  0817 ET - Lockheed Martin COO Frank St. John says it remains confident of resuming F-35 deliveries in 3Q as testing of a new software package continues. The Pentagon has blocked deliveries since last September, waiting for the fixes. A test plane crashed earlier this week, raising concerns the program could be further delayed. Lockheed has continued to produce jets, storing dozens of them at its facility near Fort Worth, Texas. (doug.cameron@wsj.com)