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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
05/15/201303:39:46Lockheed Martin, MBDA Link Up in Missile Systems Venture
05/03/201302:20:09Australia Signals Military Shift Toward China
05/02/201302:42:09Finmeccanica Italian Unit Wins $141 Million Lockheed Martin Contract
04/24/201318:35:04Lockheed May Get U.S. Orders for Up to 60 F-35s in June -Bloomberg
04/23/201316:41:46MARKET SNAPSHOT: U.S. Stocks Rise For Third Consecutive Session
04/23/201316:01:35MARKET SNAPSHOT: Stocks Rise On Earnings After Fake-tweet Hit
04/23/201314:51:06MARKET SNAPSHOT: Stocks Resume Rally After Fake Tweet Hits
04/23/201313:11:46MARKET SNAPSHOT: Apple, Caterpillar: Shocked Stocks Get New Test
04/23/201312:16:47MARKET SNAPSHOT: Stocks Rally As Earnings Beat Expectations
04/23/201310:40:38MARKET SNAPSHOT: Stocks Rise As Earnings Beat, Italy Yields Drop
04/23/201309:00:08Lockheed Martin Sees Lower 2013 Sales, Profit View Unchanged
04/23/201307:54:49Lockheed Martin Sees Decline in 2013 Sales, But Leaves Profit...
04/21/201320:58:16Keppel Corp-Led JV Seeks Seabed-Mineral Exploration License
04/19/201316:00:12WEEK AHEAD: Tech, Energy, Defense to Report Earnings Next Week
03/19/201317:20:40Spirit AeroSystems Names New CEO
03/19/201308:26:28Spirit AeroSystems Names Former Lockheed Executive Lawson as...
03/15/201305:48:47UK Government Backs Seabed Mining Industry - Report
03/05/201313:20:15Lockheed Hopes F-35's Production Can Remain Stable
03/04/201318:31:07Lockheed to Retain Aegis Systems Work -Bloomberg
02/20/201315:12:11Lockheed Agrees to Pay $19.5 Million to Settle Shareholder Suit...

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