$59 Billion Australia Pension Reviews Investments as Israel-Linked Firms Face Pressure [BNN Bloomberg (Canada)]
Lockheed Martin Corporation (LMT)
Last lockheed martin corporation earnings: 4/21 07:30 am
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phx.corporate-ir.net/phoenix.zhtml?c=83941&p=irol-irhome
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Source: BNN Bloomberg
The fund, which oversees A$90 billion ($59 billion) of assets, is assessing its policy amid “community concern over the conflict and loss of life in Gaza and Israel”, a spokesman said in a statement. The fund already excludes direct investments in some weapons manufacturers. “Cbus's exclusions framework is currently under review to ensure it remains reflective of the current environment and responsive to our members' concerns, while also ensuring we meet all of our regulatory obligations,” the spokesman said, without naming any investments. The review was first reported by The Guardian earlier Friday, which referred to companies including Lockheed Martin Corp. and RTX Corp. The firms that were cited represent about 0.01% of Cbus's portfolio, the spokesman said. “However, we understand that even a small holding in the current climate may cause concern,” he added. The Construction, Forestry, Maritime and Energy Union approached Cbus's top management about its policy as part of
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LMT
Earnings
- 4/23/24 - Beat
LMT
Sec Filings
- 5/29/24 - Form SD
- 5/24/24 - Form 8-K
- 5/22/24 - Form 8-K
- LMT's page on the SEC website