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Stock impact report

Lockheed Martin Faces US$4.25b SDR Lawsuit And Investor Risk Questions [Yahoo! Finance]

Lockheed Martin Corporation (LMT) 
Last lockheed martin corporation earnings: 4/21 07:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
SDR Group has filed a $4.25b federal lawsuit against Lockheed Martin, alleging misappropriation of proprietary geophysical surveying technology and business model. The complaint claims Lockheed Martin used this technology and approach in connection with its hybrid airship platform, cutting SDR Group out of a potential $3.4b deal. The case also references engagement with federal agencies, including DARPA, the Department of Commerce, and USGS, as well as international partners. For investors tracking NYSE:LMT, this lawsuit enters the picture at a time when the stock trades around $642.28 per share, with a return of 29.2% year to date and 40.2% over the past year. Those figures indicate that the company has recently rewarded shareholders, which can heighten attention on any development that could affect future cash flows or perceived risk. Legal disputes of this size can take years to play out, and outcomes are uncertain. However, the headline amounts involved are large relative Show less Read more
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