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- Zacks
Lockheed (LMT) Secures a Contract to Support F-35 Jet Program
Lockheed (LMT) is set to procure aircraft armament equipment for its F-35 fighter jets.
- Barrons.com
Southwest Airlines Gets an Activist. Why Elliott Can Help Fix Only Half Its Problems.
Elliott Investment Management has built a stake worth nearly $2 billion in Southwest, making it one of the airline’s largest shareholders.
- Benzinga
Elliott Investment Criticizes Southwest Airlines Execution In Letter, Promises 77% Stock Return Potential
Elliott Investment Management, which has a $1.9 billion stake in Southwest Airlines Co (NYSE:LUV), has sent a letter to Southwest’s Board of Directors criticizing the company’s outdated strategies and poor execution. The reports of Elliott’s stake boosted investor confidence, sending the stock price higher on Monday. Elliott asserts that Southwest’s refusal to modernize, evident in the December 2022 operational meltdown, has resulted in disappointing outcomes for shareholders, employees, and cus
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