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Jefferies Raises 2010/2011 EPS Estimates On LMT
Tuesday, January 18, 2011 - 10:10am | 107Read More...Jefferies is raising its Lockheed Martin (NYSE: LMT) 2010 and 2011 EPS estimates to $7.10 and $7.00 from $7.00 and $6.60, respectively. “The estimate changes reflect non-operating benefits from late 2010 passage of the R&D tax credit and an estimated 25-40 basis points increase in the AA...
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Deutsche Bank: Defense Budgets Are Under Pressure (LMT, BA, GD, LLL, NOC)
Friday, December 10, 2010 - 8:56am | 135Read More...The next two weeks could be particularly volatile on expectations within the aerospace and defense industry given the FY11 actions being taken (long‐term CR vs. Omnibus) coupled with a pass‐back on the FY12 DoD Budget “that we expect will land on the Pentagon's lap next week,” Deutsche Bank reports...
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Lockheed Martin Awarded Contract From DARPA (LMT)
Wednesday, November 10, 2010 - 10:43pm | 90Read More...The Defense Advanced Research Agency, or DARPA has awarded defense contractor Lockheed Martin (NYSE: LMT) a $157million fixed fee contract to develop and produce a long range anti-ship strike weapon defense system. The project is expected to be completed in April of 2013 and is a joint project...
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Deutsche Bank's Defense Report
Friday, October 1, 2010 - 9:15am | 170Read More...Deutsche Bank has published a research report for North American Defense. In the report, Deutsche Bank writes "Slowing defense spending and a cost-conscience DoD are likely to limit top line growth and pressure margins at most defense primes for the foreseeable future. In that environment,...
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Deutsche Bank Lowers Estimates and PT For Lockheed Martin
Monday, September 13, 2010 - 9:49am | 116Read More...Lockheed Martin Corporation (NYSE: LMT) is anticipating delays in the coming weeks due to plane development schedules and pension headwinds pushing consensus estimates down ~10%, Deutsche Bank reports. Deutsche is increasing FAS/CAS pension expenses for 2011 to $1B (from $900M) but believes that...
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Top 10 Largest Buildings in the World
Friday, June 4, 2010 - 6:00am | 1158Read More...Looking at the Philadelphia skyline (or any city skyline, for that matter) it is easy to see that in any city the only way to maximize floorspace is to move upward. It is interesting to note that this is not always the case, as the largest building in the world (by floorspace) is a...



