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Tag Archives: lockheed martin corp.

13 defense executives bemoan uncertainty of cuts

WASHINGTON — Thirteen defense executives are complaining that the threat of automatic, across-the-board cuts to military spending is creating uncertainty that’s already affected their industry. Seven senators released copies of the executives’ letters on Monday. The six Republicans and independent ...

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Machinists end 10-week strike vs. Lockheed

FORT WORTH, Texas — Lockheed Martin Corp. machinists ended their 10-week strike Thursday, approving a new labor deal that includes a $2,000 bonus and annual pay increases starting at 3 percent the first year. Members of the International Association of ...

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Week in review – 6/29/12: Rally protests for Superblock jobs

Rally protests for Superblock jobs A group of about 100 protestors gathered at the offices of the Baltimore Development Corp. at Charles Center this week to demand local hiring in the promised 600 new jobs at the $150 million Superblock ...

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Week in review – 6/22/12: Ships set sale in city

Ships set sale in city As the nearly 40 tall ships and naval vessels that filled Baltimore’s harbor for the last week departed earlier this week, area businesses continued to have something to celebrate: a boost to their bottom lines. ...

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Staffs grew, even when executives’ pay fell

While the majority of CEOs in The Daily Record’s sample saw their compensation grow in 2011, even most of the executives who took a pay cut added employees. Of the 15 executives who earned more in 2011 than 2010, all ...

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Lockheed Martin reorganizes supply chain

Lockheed Martin Corp., of Bethesda, the world’s largest defense contractor, said it has signed an agreement with electronics supplier Arrow Electronics Inc. covering procurement of more than 22,000 electronic components used in advanced technology systems. The agreement with Englewood, Colo.-based ...

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Medical and real estate sector deals dominate fourth quarter

Fourth-quarter mergers and acquisitions were dominated by medical and real estate sector deals, but overall activity slowed from the third quarter of 2011. According to data compiled by Bloomberg Financial exclusively for The Daily Record, 30 deals closed in the ...

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