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Lockheed Martin Gets $3 Billion Army Contract

By Elias SchisgallLockheed Martin received a $3 billion U.S. Army contract to produce and provide engineering services for Sentinel A4 radars.The fixed-price-incentive, cost-plus-fixed-fee, cost-no-fee contract received one bid over the internet, the Defense Department said.Work on the contract is…

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Nike Guides for Steeper Sales Decline as Consumers Come Under Pressure — Update

By Kelly CloonanNike cut its sales outlook after pressure on consumers ramped up across the globe in recent months.The sneaker and apparel company said strong trends in March, especially in North America, quickly fell off by mid-April, particularly in its sportswear and Jordan streetwear business…

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Getty Images Plans to End Shutterstock Deal After U.K. Imposes Conditions

By Elias SchisgallGetty Images plans to terminate its merger agreement with Shutterstock after a U.K. regulator said the latter company must sell its editorial business in order for the merger to be approved.Getty said Tuesday that the U.K. Competition and Markets Authority conditioned its clearanc…

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Lockheed Martin Gets $3B Army Contract

By Elias SchisgallLockheed Martin received a $3 billion U.S. Army contract to produce and provide engineering services for Sentinel A4 radars.The fixed-price-incentive, cost-plus-fixed-fee, cost-no-fee contract received one bid over the internet, the Defense Department said.Work on the contract is…

Dow Jones Newswires en
StocksUS
dow-jones

Lockheed Martin Gets $3B Army Contract

By Elias SchisgallLockheed Martin received a $3 billion U.S. Army contract to produce and provide engineering services for Sentinel A4 radars.The fixed-price-incentive, cost-plus-fixed-fee, cost-no-fee contract received one bid over the internet, the Defense Department said.Work on the contract is…

Dow Jones Newswires en
StocksUS

Getty Images Plans to End Shutterstock Deal After U.K. Imposes Conditions

By Elias SchisgallGetty Images plans to terminate its merger agreement with Shutterstock after a U.K. regulator said the latter company must sell its editorial business in order for the merger to be approved.Getty said Tuesday that the U.K. Competition and Markets Authority conditioned its clearanc…

Dow Jones Newswires en
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