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Standard&Poor's upgrades Lockheed Martin position

New York, USA

Standard & Poor's recently upgraded the LOckheed Martin Corporation's long-term debt rating to Triple-B with a stable outlook and its commercial paper rating to A-2. Net sales for the first quarter of 2002 were $6.0 billion, a 26 percent increase over the first quarter 2001 sales of $4.7 billion. Forecasted sales for the year 2002 remain unchanged at $25.0 - $25.8 billion of which 20 - 25 percent...

AVIONEWS - World Aeronautical Press Agency - 26980
Rome, Italy, 04/23/2002 17:46
AVIONEWS - World Aeronautical Press Agency

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