Pentagon to ask U.S. Congress for emergency coronavirus funds to support defense industry [Yahoo! Finance News]
Lockheed Martin Corporation (LMT)
Last lockheed martin corporation earnings: 4/21 07:30 am
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Source: Yahoo! Finance News
By Mike StoneWASHINGTON, April 20 Reuters) - The Pentagon will request billions of dollars in the next version of the stimulus package from Congress to assist the defense industry during the economic slump caused by the coronavirus outbreak, the Pentagon's top weapons buyer said on Monday.The pandemic is affecting defense companies in the Pentagon's aviation supply chain, as well as those in the shipbuilding industry and small space launch companies, the Pentagon official, Ellen Lord, said. She added some businesses have been forced to close and then reopen facilities to sanitate them following reports of infections.In an effort to provide financial support to defense contractors, such as the smaller suppliers of Lockheed Martin Corp and Boeing Co, the Pentagon has taken several measures including increasing interim payments, known as progress payments, on contracts and paying labor costs when healthy workers can't get to job sites.The Pentagon is tracking the spread of the virus thro
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LMT
Earnings
- 10/21/25 - Beat
LMT
Sec Filings
- 1/5/26 - Form 4
- 1/5/26 - Form 4
- 12/18/25 - Form 8-K
- LMT's page on the SEC website