Lockheed Martin Reduces Gross Pension Obligation by $4.9 Billion with Purchase of Group Annuity Contracts ...Middle East

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Lockheed Martin Reduces Gross Pension Obligation by $4.9 Billion with Purchase of Group Annuity Contracts
source : PR Newswire ( Middle East ) () 5
BETHESDA, Md., Aug. 3, 2021 /PRNewswire/ -- Lockheed Martin Corporation (NYSE: LMT) today announced it has purchased group annuity contracts from Athene Holding Ltd. (NYSE: ATH), a leading financial services company specializing in retirement solutions, to transfer approximately $4.9...

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