Lockheed Martin Corporation (NYSE:LMT) and Naval Group welcome opening of Australia’s Future Program Office


Naval Group (formerly DCNS) and Lockheed Martin Corporation (NYSE:LMT) Australia welcomed the official opening of Australia’s Future Submarine Office by Prime Minister Malcolm Turnbull in Cherbourg France. In collaboration with the Australian Department of Defence, in what will be Australia’s largest defence capital investment program in history, Naval Group and Lockheed Martin Australia will deliver to the Royal Australian Navy a fleet of 12 regionally superior submarines.

The Office is a tripartite secure facility which will house Submarine designers, naval architects and engineers who will work alongside each other on Australia’s Future Submarine Program. The facility will be known as ‘Hughes House’, in recognition of Rear Admiral ‘Oscar’ Hughes, AO, RAN and his invaluable role in Australia’s submarine history as Director of the Collins Submarine Project.

On Friday Lockheed Martin Corporation (NYSE:LMT) share price closed at $285.20. Lockheed Martin Corporation (NYSE:LMT) is 0.08% away from its 52 week high.

Sabre Corporation (NASDAQ:SABR) issued the following statement regarding a cybersecurity incident first disclosed on May 2, 2017: Since June 6, Sabre has notified and been working with certain customers and partners that use or interact with Sabre Hospitality Solutions’ (SHS) SynXis Central Reservations system (SHS reservation system) about our previously disclosed incident of unauthorized access. Some travel management companies (TMCs) and travel agencies that booked travelers that may have been affected have also been notified about the incident, although those TMCs and other parties do not use or interact with the Sabre SynXis system. Our investigation is complete and we have determined that an unauthorized party accessed certain payment card information for a limited subset of hotel reservations processed through the SHS reservation system.

Not all reservations that were viewed included the payment card security code, as a large percentage of bookings were made without a security code being provided. Others were processed using virtual card numbers in lieu of consumer credit cards. Personal information such as social security, passport or driver’s license number was not accessed. Sabre has notified law enforcement and the credit card brands as part of our investigation.

Sabre Corporation (NASDAQ:SABR) traded 2.66 Million shares and its share price moved up 0.89% to close at $21.43. Company has 0.70% insider ownership. Sabre Corporation (NASDAQ:SABR) quarterly performance is 2.24% while its year to date (YTD) performance is -14.11%.

On Friday shares of New Oriental Education & Technology Group Inc. (NYSE:EDU) ended up at $72.12. This year Company’s Earnings per Share (EPS) growth is 16.40% and next year’s EPS growth is 30.73%. Beta of New Oriental Education & Technology Group Inc. (NYSE:EDU) is 1.34 while company weekly performance is 2.41%.

FS Investment Corporation (NYSE:FSIC) remains unchanged to close at $9.10 on 07 July. Its return on assets (ROA) is 8.90% while return on investment (ROI) is 5.20%. FS Investment Corporation (NYSE:FSIC) price to sales (P/S) ratio is 5.27.


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