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Panetta Said May Cancel Army's C-27J Transport -Bloomberg

DOW JONES NEWSWIRES U.S. Defense Secretary Leon Panetta on Thursday will make a budget request of $525 billion for 2013 which will include some base closings, Bloomberg Television reported, citing people close to the matter. Cutbacks in both personnel and aircraft are outlined in the budget proposal, with Army troops to be trimmed to 490,000 from 562,000 and Marine Corps numbers to be dropped to 182,000 from 202,000, according to the sources. The Pentagon proposal may also request cancellation of the Army's C-27J transport and the retirement of some C-5 and C-130 transports. Full story at www.bloomberg.com -Dow Jones Newswires; 212-416-2900

Stock News for Lockheed Martin (LMT)
DateTimeHeadline
07/15/201417:04:43Safety Concerns Force Cancellation of F-35's Air Show Appearance
07/10/201410:39:21Makers of F-35 Combat Jets to Help Keep Cost of Fighter Plane...
06/18/201411:54:45United Launch CEO Confident on Russian Engine Deliveries
06/16/201408:32:38Airbus, Safran to Combine Space-Launcher Activities -- Update
06/12/201420:07:26Pentagon Looks to Lower Costs of F-35 Joint Strike Fighter Program...
06/12/201419:51:35Pentagon Looks to Lower Costs of F-35 Joint Strike Fighter Program
06/11/201420:43:57Iraqi, U.S. Forces Trade Barbs Over Failures
06/11/201416:50:17Iraq Requests Accelerated Shipment of U.S. Arms to Counter Militants
06/05/201417:40:10Canada Near $8.2 Billion Buy of 65 Lockheed Fighter Jets
06/05/201417:26:20Canada Near $8.2 Billion Buy of 65 Lockheed Fighter Jets -Reuters
06/02/201418:17:01Lockheed Martin Wins $915 Million Space Fence Deal
05/27/201419:56:25Washington Considers Missile-Defense System in South Korea
05/13/201420:29:20Russia Bans U.S. Sales of Rocket Engines
05/06/201418:03:57Turkey Moves Closer to F-35 Deal
05/01/201402:50:15SpaceX Wins Injunction Against Rocket Rival
04/23/201408:06:04Kongsberg Gruppen Gets NOK160 Million F-35 Joint Strike Fighter...
04/23/201402:57:11Australia to Buy 58 F-35 Joint Strike Fighters
04/22/201417:30:11MARKET SNAPSHOT: U.S. Stocks Gain; S&P 500 Extends Streak To...
04/22/201417:22:59Lockheed Boosts 2014 Profit Guidance, Posts Gains in1st Quarter...
04/22/201414:38:17MARKET SNAPSHOT: U.S. Stocks Rise; Netflix Jumps On Results

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