Lockheed weighs outlook for Raptor, Titan takeover

Article Abstract:

Comments made by Lockheed Martin Corp.'s President and CEO, Robert J. Stevens, on the future of the F/A-22 Raptor fighter aircraft program, the proposed takeover of Titan Corp., and the future of Unmanned Combat Aerial Vehicles (UCAVs) are presented. He believes that the Raptor program will not be abandoned in spite of the overwhelming cost and several glitches and since Lockheed has yet to purchase Titan, any problems arising from a Titan scandal would have to be addressed by Titan itself.

Product development, Forecasts, trends, outlooks, Executive changes & profiles, Aircraft Manufacturing, Fighter Aircraft, Officials and employees, Forecasts and trends, Beliefs, opinions and attitudes, Market trend/market analysis, Fighter planes, F/A-22 (Aircraft), Stevens, Robert J.

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Scholars say China couldn't buy Lockheed; but GM--who knows?

Article Abstract:

The US may not permit cash-rich China and its fast-growing corporations to buy major the US defense contractors like Lockheed Martin. Experts say that a line should be drawn to bar China's acquisition of some firms, but are unsure where to draw the line as bids from the nation flush with cash, which pushes up the stock price of any targeted US-based company, in turn benefiting Americans.

China

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Lockheed cuts price on Titan takeover; escape clause set

Article Abstract:

Lockheed Martin Corp., the largest defense contractor, will be paying $20, rather $22 for each share of Titan Corp., the 22nd largest U.S. defense contractor by pressing it to solve an ongoing bribery scandal. Lockheed will get to purchase a company that has good value at lower price, if the scandal is resolved and the takeover consummated, thus benefiting its stockholders.

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