- The basic contract is for two spacecraft. Two options each provide for one additional spacecraft. The total estimated value of the basic contract including options is $1.09B.
- WSJ reports that LMT beat Boeing and Northrop for the contract

Other headlines for [LMT]

• ORB 1/4/2009 08:08pm
  Orbital Sciences Corp. A contractor team led by PlanetSpace is considering filing a protest over the company's $1.9B contract - WSJ- The contract is for commercial cargo. - Members of PlanetSpace's team include Boeing, more...
  
• LMT 1/3/2009 08:24am
  Lockheed Martin Corp Awarded $179M contract for high mobility artillery rocket system full rate production from US Army and Marine Corps- to include 57 Army launchers and 7 United States Marine Corps for a total of 64 more...
  
• LMT 12/31/2008 05:08pm
  Lockheed Martin Corp Awarded $372M contract for Guided Multiple Launch Rocket System Full Rate Production
  
• LMT 12/24/2008 08:21am
  Lockheed Martin Corp Agrees to acquisition of Universal Systems Technology (UNITECH)- Transaction awaiting governmnet anti-trust approval - Expected closing date is in H1 2009 - Financial details were not released - more...
  
• LMT 12/23/2008 05:48pm
  Lockheed Martin Corp Awarded contracts totaling $774M- Lockheed Martin has received contracts totaling $774 million from the U.S. Army Aviation and Missile Command for hardware and services associated with the more...
  

Industrials sector headlines

• JBLU Today 02:07pm
  JetBlue Airways Corp Reports Dec Load Factor 79.4% v 76.8% y/y- RPMs -1.8% y/y - ASMs -5.1% y/y
  
• FR.FR Today 01:28pm
  Valeo SA Moody's lowers Long term rating cut to Ba1 fom Baa3; now junk status; affects €1.1B worth of debt
  
• NSANY Today 01:24pm
  Nissan Motor Co., Ltd Announces recall of 243K trucks and SUVs due to airbag sensor issues
  
• DAL Today 01:19pm
  Delta Air Lines Inc Reports Dec load factor 80.1% v 77.7% y/y- ASMs 9.78M (+0.7% y/y) - RPMs 12.2M (-2.4% y/y)
  
• CAE Today 01:12pm
  Cascade Corp. Hearing downgraded to underperform from neutral rating at DA Davidson (timing uncertain)