Lockheed Martin (LMT) Secures $289M Contract from U.S. Army & International Customers for High Mobility Artillery Rocket System Launchers

Lockheed Martin (LMT) Raises Quarterly Dividend 10% to $2.20; 2.5% Yield

September 27, 2018 12:46 PM EDT

Lockheed Martin (NYSE: LMT) declared a quarterly dividend of $2.20 per share, or $8.8 annualized. This is a 10% increase from the prior dividend of $2.00.

The dividend will be payable on December 28, 2018, to stockholders of record on December 3, 2018, with an ex-dividend date of November 30,... More

U.S. approval of $330 million military sale to Taiwan draws China's ire

September 24, 2018 5:30 PM EDT

WASHINGTON (Reuters) - The U.S. State Department has approved the sale to Taiwan of spare parts for F-16 fighter planes and other military aircraft worth up to $330 million, prompting China to warn on Tuesday that the move jeopardized Sino-U.S. cooperation.

U.S. military sales to self-ruled Taiwan, which China claims as its territory, is an irritant in the relations between the world's two largest economies. Taiwan would still need to finalize details of the sale with U.S. companies.

"This proposed sale will contribute to the foreign policy and national security of the United... More

Key companies to attend White House quantum computing meeting

September 23, 2018 8:09 PM EDT

By David Shepardson

WASHINGTON (Reuters) - The White House will hold a meeting on Monday on U.S. government efforts to boost quantum information science, with administration officials, leading companies including Alphabet Inc (NASDAQ: GOOGL), IBM Corp (NYSE: IBM), JPMorgan Chase & Co (NYSE: JPM) and academic experts taking part.

Quantum computers could operate millions of times faster than today's advanced supercomputers. Experts have said the promising technology, still in its infancy, could have a major impact on healthcare, communications, financial services, transportation,... More