Lockheed to offload $1.8 billion in pension risks to Prudential

January 29, 2019 admin Business News Comments Off on Lockheed to offload $1.8 billion in pension risks to Prudential

Lockheed Martin Corp, the Pentagon’s top weapons supplier, said on Tuesday it would transfer $1.8 billion in pension obligations to U.S. life insurer Prudential Financial Inc to reduce the risk and costs of pensions.

…read more

Get our FREE Newsletter! Discover Stocks with +1,000% Upside Potential!
Join over 100,000 investors and business leaders worldwide. Discover the Next Super Stock before the rest of the crowd.
Your privacy is our priority. Your email address will never be sold or shared with anyone else.

Source:: Reuters – Business News