LMT News and Press, Lockheed Martin Corporation From 10/20/22

Lockheed Martin ( NYSE: LMT ) was the biggest recipient of contracts from the U.S. Department of Defense in 2021, according to a report released Thursday. The company, whose products include the F-35 fighter jet and Himars missile system, received $39.2 billion in contracts last...

Lockheed Martin ( NYSE: LMT ) said Thursday it is under contract to deliver three Orion spacecraft to NASA for its Artemis VI-VIII moon exploration missions. The firm is the prime contractor for the Orion program and completed two Orion vehicles, one of which is Artemi...

NASA Orders Three More Orion Spacecraft from Lockheed Martin PR Newswire Substantial Cost Reduction Will Be Seen Through Upcoming Artemis Moon Missions DENVER , Oct. 20, 2022 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) is now under contract t...

Summary Lockheed Martin is the largest defense contractor in the US and possibly the world. The company is most famous for its F-35 fighter jets and Javelin Anti-Tank missiles, which have proven to be extremely effective in Ukraine. Lockheed Martin has recently beat earnings e...

Lockheed Martin Corporation ( NYSE: LMT ) is a “buy” even though its sales came in shy of Street estimates in the fiscal third quarter, says Peter Arment. He’s a Senior Analyst at Baird & Co. Lockheed Martin stock has upside to $513 On Wednesday, Arm...

Lockheed Martin’s ( NYSE: LMT ) better-than-estimated Q3 earnings and bigger stock buyback plan led Wall Street analysts to assess the defense contractor’s outlook. Analysts at Baird on Wednesday upgraded Lockheed to Outperform from Neutral, while other ana...

Lockheed Martin Stock ( NYSE:LMT ) Lockheed Martin ( NYSE:LMT ), a global leader in aerospace and defense, reported quarterly numbers that indicated the company was back on course after several setbacks. Lockheed Martin stock rose by as much as 5 percen...

Summary Lockheed Martin just reported one of its best earnings in a long time. While 3Q22 wasn't that spectacular, the company is seeing a path to higher top-line growth, a way to enhance margins, and strong defense demand. LMT's headwinds are quickly fading, paving the road f...

Lockheed Martin ( NYSE: LMT ) on Wednesday filed a preliminary prospectus for a five-part bond sale to help fund the defense contractor’s stock buyback plan. The offering of investment-grade bonds will raise $3.5 billion to $4 billion, a person familiar with the d...

Summary Lockheed Martin beat expectations on earnings per share, but missed on revenues. 2023 will be flat, return to growth to 2024. Share repurchase authorization boosted stock performance. Authorization of spending another $4 billion by year-end is not prudent. Addi...