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home / news releases / LMT - Why Did Lockheed Martin Stock Drop?

LMT - Why Did Lockheed Martin Stock Drop?

Lockheed Martin Corporation

2024-04-25 09:47:39 ET

Summary

  • Lockheed Martin's sales for the first quarter beat analyst estimates, but margins declined.
  • Demand for missiles and air missile defense is increasing, but cost overruns on a classified program may limit upside.
  • Lockheed Martin won the Next Generation Interceptor competition and reaffirmed its earnings guidance for 2024.

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For further details see:

Why Did Lockheed Martin Stock Drop?
Stock Information
Company Name: Lockheed Martin Corporation
Stock Symbol: LMT
Market: NYSE
Website: lockheedmartin.com
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