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Stock impact report

Russian Shipbuilding ‘Evidently Disrupted' As Unique Sealift Ship Sinks [Forbes]

Lockheed Martin Corporation (LMT) 
Last lockheed martin corporation earnings: 4/21 07:30 am Check Earnings Report
Company Research Source: Forbes
'Ursa Major.' Portuguese air force photo A unique and difficult-to-replace sealift ship operated by the Kremlin's military logistics company sank in the Mediterranean Sea near Spain on Christmas Eve. The loss of the 13,000-ton M/V Ursa Major is a major blow to Oboronlogistika and the battered Russian shipbuilding industry. The German-built Ursa Major was just 15 years old, young for an auxiliary vessel, when she suffered what the Russian Crisis Management Center described as a “blast” in her engine room. The ship was spotted listing to starboard before ultimately sinking. Nearby ships rescued all but two of her 16 crew. Ursa Major was a special asset. She was Oboronlogistika's biggest ship, and purportedly also the biggest vessel on the company registry with roll-on/roll-off ramps for vehicles to drive directly into and out of her hold as well as top-mounted cranes for vertical loading. “There simply isn't a larger universal RO/RO-LO/LO class cargo ship (capable of horizontal Show less Read more
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