Aerospace Group:

Business/Financial

Lockheed Martin Approves $3 Billion Share Repurchase Program

DDN

Tuesday, October 26th, 2010

SHARE:

Lockheed Martin [LMT] yesterday said its board of directors has approved a new share repurchase program of up to $3 billion. The new stock buy back proram will replace the company's 2002 repurchase program effective Nov. 1. Lockheed Martin said the existing program, in which it has repurchased 169 million shares of its common stock out of the existing share authoriation of 178 million shares, is largely completed. "This step, coupled with our 19 percent dividend increase last month, demonstrates…

Congress

Wicker Wants Legislation On DoD’s Equity Investments In Minerals Supply Chain

Legislation regarding equity investments by the Defense Department in critical mineral supply chains is needed to strengthen the larger defense industrial base and demonstrate to the “free market” that the […]

Congress

“Not Sure How They Get To Where They Wanna Be,” Calvert Says of $1.5 Trillion Defense Topline Proposal

As the federal government enters a third week of tardiness in a fiscal 2027 budget release, a big question is how the Pentagon will be able to spend $500 billion […]

Congress

Path Uncertain For $1.5 Trillion FY ‘27 Defense Topline After Trump Casts Doubt On Second Reconciliation Bill

The path to achieve the White House’s call for a $1.5 trillion defense topline in 2027 appears murkier now after President Donald Trump has cast doubt on the prospects of […]

Congress

Senate Budget Dems Push For Defense Reconciliation Spending Details, Cite ‘Slush Fund’ Concerns

Democrats on the Senate Budget Committee have raised “significant concern” with the Pentagon’s move to classify reconciliation spending plans, urging the department to provide more public details on how the […]