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Lockheed Issues Sikorsky Warning
Thursday, February 25, 2016 - 12:07pm | 217Read More...Shares of Lockheed Martin Corporation (NYSE: LMT) were trading higher by nearly 1 percent Thursday morning despite the company issuing a warning in a regulatory filing relating to its newly acquired Sikorsky Aircraft acquisition. Lockheed Martin acquired the Sikorsky Aircraft business from...
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What McDonald's, Wal-Mart, The DoD, China Petroleum And Foxconn Have In Common
Wednesday, December 9, 2015 - 4:47pm | 438Read More...With the end of 2015 just around the corner, it's a good time to look back at the year in figures. Let's look into the world's largest employers in 2015, according to the World Economic Forum. According to information released by the World Economic Forum, the largest employer...
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Is It Time To Invest In Drones?
Monday, October 5, 2015 - 2:29pm | 483Read More...The drone industry has been through several twists and turns since the devices made their way to the market in the early '00s. The unmanned aircraft have become something of a novelty to the general public, but the use case for the devices have exploded across a range of industries, leaving...
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Pentagon Working To Overhaul Cybersecurity Protocol
Friday, September 18, 2015 - 9:42am | 417Read More...Earlier this year, the Pentagon's Director of Operations Test and Evaluation Michael Gilmore said that his testing revealed that nearly all of the Pentagon's weapons systems were vulnerable to a cybersecurity attack. The warning came as President Barack Obama stepped up his efforts to...
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Deutsche Bank: We Still Like These Defense Stocks
Friday, May 22, 2015 - 1:49pm | 536Read More...In a report issued Thursday, analysts at Deutsche Bank provided updated commentary on the defense industry, following their annual survey of program managers, which offers perspectives from inside the Department of Defense (DoD). The Survey “With the pinch of the Budget Control Act...
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Pentagon Expands List Of Contractors On $2.5 Billion U.S. Army Corps Of Engineers Project
Tuesday, January 13, 2015 - 11:31am | 329Read More...The Department of Defense announced seven separate defense contracts on Monday, worth $130 million in total. These included wins by both Lockheed Martin Corporation (NYSE: LMT) and Boeing Co (NYSE: BA), which received, respectively: A $7.1 million contract modification for Lockheed to...
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Government Contractors To Share In $284.6 Million Worth Of Pentagon Contracts
Tuesday, January 13, 2015 - 11:17am | 303Read More...The Department of Defense announced 11 separate defense contracts on Friday, worth $284.6 million in total. In addition to awards to traditional "hardware" defense contractors, the Pentagon announced the award of contracts to more general government-contracting companies. URS...
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How U.S. Law Enforcement Snaps Up Military Gear
Monday, August 18, 2014 - 11:53am | 747Read More...The anger and unrest in Ferguson, Missouri, unleashed by the shooting death of an unarmed African-American teenager by a local police officer, has yet to abate. That unrest has drawn attention to local law enforcement's acquisition of military hardware, because of what is being seen as a...
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3 Ways Google & Amazon Are Infiltrating The Defense Sector
Saturday, August 9, 2014 - 8:20pm | 717Read More...It's a story about not just old versus new industries, but also about new technologies creating new opportunities. In a recent interview with the Federal Times, Marillyn Hewson, chairman, president and CEO at Lockheed Martin (NYSE: LMT), acknowledged her company was contending with new and...
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Revealed: Pentagon Spent Millions Conducting Social Media Research
Thursday, July 10, 2014 - 9:47am | 674Read More...Facebook (NASDAQ: FB) isn’t the only entity involved in social media research. The Guardian revealed Tuesday that the U.S. military’s Defense Advanced Research Projects Agency (DARPA) recorded and analyzed Twitter (NYSE: TWTR) activity as part of a program to understand the influence of...
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Exclusive: Engility CEO Tony Smeraglinolo On His Company's Wave Of Contracts
Wednesday, July 9, 2014 - 4:23pm | 450Read More...Engility (NYSE: EGL) has been on a contract winning spree. The government services company has been awarded four contracts over the past month worth $106 million. In an interview with Benzinga, CEO Tony Smeraglinolo discussed what these contracts mean for Engility and what to expect for...
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Top Trending Tickers On StockTwits For January 21
Tuesday, January 21, 2014 - 11:44am | 702Read More...Here's a look at the top tickers trending on StockTwits.com Google Hyundai Motor is set to reveal that its second-generation Blue Link system will debut in its upscale Genesis model. Blue Link will include Google (NASDAQ: GOOG) search capabilities in its navigation system and a Google Glass...
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The Fundamental Case for Owning Drone Stocks
Friday, February 22, 2013 - 9:33am | 559Read More...When EasleyPatch reported Thursday that Sen. Lindsey Graham (R-S.C.) estimated the United States has killed 4,700 people in drone strikes, news of the senator’s remarks spread quickly. The mere mention of drones for most people conjures up images of missile-firing Predators hunting down and...
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Raytheon BBN Technologies Awarded $16 Million in DoD Funding to Develop a Secure, Attributed Military Network System
Wednesday, July 13, 2011 - 10:02am | 63Read More...Raytheon BBN Technologies has been awarded $16 million in additional funding by the Defense Advanced Research Projects Agency under phase two of the Military Networking Protocol program to create architectures, protocols, and network devices that will improve network capabilities and integrity for...
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Oshkosh Awarded Army Contract (OSK)
Wednesday, June 16, 2010 - 6:26pm | 64Read More...The Department of Defense announced Wednesday that it has awarded Oshkosh Corp. (NYSE: OSK) a $24.3 million contract for load systems trailers for the U.S. Army. The Army is buying 439 palletized load-system trailers and the company is expected to fulfill the contract by September 30. Shares of...
