LMT

Microsoft and Lockheed Martin Report Agreement on Classified Cloud, Advanced Technologies for the Department of Defense

Microsoft Corporation (NASDAQ: MSFT) and Lockheed Martin Corporation (NYSE: LMT) has reported a landmark expansion of their strategic relation to fuel the next generation of technology for the Department of Defense.  The four critical areas for the DOD include: Classified Cloud Innovations: Microsoft’s latest secure framework will make Lockheed Martin the first non-government entity to …

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Lockheed Martin Terminates $4.4 Billion Deal to Acquire Aerojet Rocketdyne

Lockheed Martin (NYSE: LMT), an American arms maker, just canceled its plans to acquire rocket maker Aerojet Rocketdyne for USD4.4 Billion, amid opposition from U.S antitrust enforcers. The move comes just three weeks after the Federal Trade Commission filed a lawsuit to impede the purchase. Lockheed Martin had announced its intent to acquire Aerojet Rocketdyne …

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