Lockheed Martin (LMT) Declares $2.20 Quarterly Dividend; 3.1% Yield
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Europe's Arianespace takes on SpaceX by cutting Ariane 5 rocket launch price
January 23, 2019 3:37 AM ESTBy Jamie Freed
SINGAPORE (Reuters) - Europe's Arianespace is discounting the price of satellite launches with its Ariane 5 rockets as it competes against U.S. rival SpaceX for customers before the release of the cheaper Ariane 6 rocket next year, a senior executive said on Wednesday.
Arianespace is aiming for the cost of launching the Ariane 6 to fall by around 40 percent versus the Ariane 5 through design changes and higher volume production, bringing its prices more in line with Elon Musk's SpaceX, Arianespace Managing Director and Head of Sales for Asia-Pacific Vivian Quenet said.
He said in current... More
Lockheed Martin wins $542 million U.S. defense contract: Pentagon
January 22, 2019 5:27 PM ESTWASHINGTON (Reuters) - Lockheed Martin Corp (NYSE: LMT) has been awarded a $542 million contract for equipment and spares for F-35 aircraft, the Pentagon said in a statement on Tuesday.
(Reporting by Mohammad Zargham; Editing by Peter Cooney)
... More