Moody's downgrades Lockheed Martin's long-term debt ratings

Moody's Investors Service yesterday downgraded Lockheed Martin's senior debt rating to reflect several business challenges the company faces, including its pending acquisition of Comsat Corp. and entry into telecommunications services. The drop, from A3 to Baa1, reflects "increasing business...

Subscription Required

 

This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.