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RadioShack sees stock jump on investment report

Fort Worth-based RadioShack saw its stock increase as much as 45 percent on Friday as investor Standard General LP said it was continuing talks on new financing for the electronics retailer.

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Fort Worth couple gets in 'Shark Tank,' comes out with deal

A Fort Worth couple who started a business when they couldn’t sleep, were the first entrepreneurs to get a deal on ABC’s Shark Tank in the season premiere on Sept. 26.

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20 from Dallas-Fort Worth on Forbes wealthiest list

There are 20 Dallas-Fort Worth residents listed among the 400 richest Americans, according to the Forbes 400 list of The Richest People in America 2014.

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Internal audit says EPA mismanaged Fort Worth project

FORT WORTH, Texas (AP) — An internal audit by the U.S. Environmental Protection Agency reveals the agency mismanaged an experiment using new ways to demolish asbestos-ridden buildings.

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Texas Wesleyan acquires two strip shopping centers on East Rosedale

Texas Wesleyan University has purchased two strip shopping centers on East Rosedale Street across from its Southeast Fort Worth campus, the university’s president said Friday.

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Lockheed Martin announces $255M rocket contract, Grand Prairie involvement

A. Lee Graham

Reporter

Lockheed Martin Corp. has announced receiving a $255 million rocket production contract from the U.S. Army, with work planned for Grand Prairie and Camden, Ark.

The guided multiple launch rockets will be delivered to the U.S. Army, Marine Corps and Republic of Italy beginning in April 2015.

Grand Prairie is home to Lockheed Martin’s electronics systems and missiles and fire control segment.

"We are proud of the continued confidence our customers place in Lockheed Martin," said Ken Musculus, vice president of tactical missiles at the firm’s missiles and fire control segment, commenting in a news release.

The rockets are all-weather weapons designed for fast deployment. They deliver a precision strike beyond the reach of most conventional weapons, according to the company.

Lockheed Martin Corp., based in Bethesda, Md., is a global security and aerospace company employing about 115,000 people worldwide. It designs, develops, builds and builds advanced technology systems, products and services.  More information is available at www.lockheedmartin.com.

lgraham@bizpress.net

 

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Arena
What do you think of the new plans for a new Will Rogers arena and changes at the Convention Center?