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Bank Stresses Equivalent to an Interest Rate Hike: Powell
The Fed chair said it was too soon to tell how monetary policy should respond to recent banking turmoil.
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Vincent Ryan
| March 23, 2023
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The Economy
Bank Stresses Equivalent to an Interest Rate Hike: Powell
The Fed chair said it was too soon to tell how monetary policy should respond to recent banking turmoil.
By
Vincent Ryan
| March 23, 2023
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Lockheed Martin
People
CFOs On the Move: Week Ending August 6
Zocdoc, Lockheed Martin, NASA, Cedar, Eko, Forrester, Omada Health, Living Essentials, Wonolo, Koppers Holdings
By
Lauren Muskett
| August 6, 2021
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People
Lockheed Hunts for CFO After Ken Possenriede’s Sudden Exit
Possenriede's exit comes two days ahead of the company’s scheduled investor day and a rare miss on quarterly earnings.
By
Lauren Muskett
| August 4, 2021
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Retirement Plans
4th Quarter Dealt a Heavy Blow To Pension Plans
Large companies saw three quarters of strong gains for their chronically underfunded plans almost wiped out by the late-year stock market nosedive.
By
David McCann
| March 12, 2019
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Retirement Plans
Lockheed Sells Pension Risk
The company said it reached deals with Prudential and Athene to reduce its obligations for tens of thousands of employees.
By
Lauren Muskett
| January 30, 2019
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People
CFOs on the Move: Week Ending Dec. 14
Lockheed Martin, The Madison Square Garden Co., Owens & Minor, Spirit AeroSystems, Hill International, The Nature’s Bounty Co., Myers Industries
By
Joan Urdang
| December 14, 2018
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Financial Performance
F-35 Sales Boost Lockheed to Earnings Beat
The aeronautics division, Lockheed's largest, delivered an 11.8% sales gain in Q4 as production volume for the F-35 supersonic warplanes increased.
By
Matthew Heller
| January 30, 2018
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Tech
Lockheed Martin Delays Decision on Spinoff
A transaction is not likely to take place this year, despite previous reports.
By
Katie Kuehner-Hebert
| December 3, 2015
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Retirement Plans
Boeing Settles 401(k) Class Action for $57M
Boeing denied the allegations but has made a number of changes to its plan, including replacing mutual funds with lower-cost investment options.
By
Matthew Heller
| November 5, 2015
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Strategy
Revenue Falls at United Technologies
The aerospace manufacturer reported mixed third-quarter results but boosted its share repurchase program.
By
Katie Kuehner-Hebert
| October 20, 2015
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Strategy
Lockheed Martin to Buy Sikorsky Aircraft for $9B
The Sikorsky deal and a "strategic review" of commercial and government businesses are part of a major reshaping of Lockheed under CEO Marillyn Hewson.
By
Katie Kuehner-Hebert
| July 20, 2015
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Workplace Issues
Lockheed Martin Settles 401(k) Lawsuit
Employees sued the defense contractor for not disclosing excessive fees and underperforming funds in the company's retirement plan.
By
Katie Kuehner-Hebert
| February 23, 2015
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Supply Chain
Playing Defense
CFOs of defense contractors are preparing their companies for a new era of austerity at the Pentagon.
By
Russ Banham
| December 31, 2013
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