Martin Marietta Corp-guaranteed Martin Marietta Technologies Inc’s A3 senior debt, A3 shelf registration and Prime-2 short-term commercial paper may be upgraded by Moody’s Investors Service Inc. As a result of the firms’ proposed merger Moody’s may also raise Lockheed Corp’s Baa1 senior debt, B-double A-1 shelf registration and Prime-2 short-term commercial paper. Following suit, Standard & Poor’s Corp says it may upgrade Lockheed Corp’s A-minus senior and A-2 commercial paper and Martin Marietta Technologies Inc’s single-A senior debt rating. Both agencies can see the potential for increased diversity, substantial cost cutting, and enhanced technological capabilities, in the merger.
