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LMT News and Press, Lockheed Martin Corporation From 04/24/23

Stock Information

Company Name: Lockheed Martin Corporation
Stock Symbol: LMT
Market: NYSE
Website: lockheedmartin.com

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LMT - Lockheed Martin bags $2.45B Army contract modification

2023-04-24 01:03:42 ET Lockheed Martin ( NYSE: LMT ) was awarded a $2.45B modification to a contract for Phased Array Tracking Radar Intercept on Target, or PATRIOT, Advanced Capability-3 missile production. Work will be performed in Grand Prairie, Texas, with an esti...

LMT - This Defense Stock Outperformed Every FAANG Company Last Year

2023-04-22 10:11:00 ET 2022 was not a fun year for FAANG investors. Every single one of the major technology giants saw their share prices fall by more than 25% last year, ending a decade-plus bull run that made these companies some of the most valuable in the world. Falling share price...

LMT - Lockheed teams with Rheinmetall to make missile systems in Germany

2023-04-21 11:09:47 ET Lockheed Martin ( NYSE: LMT ) and Rheinmetall ( OTCPK:RNMBF ) ( OTCPK:RNMBY ) said they're working together to provide Germany with a rocket artillery system made in the country. “The combination of Lockheed Martin’s proven capab...

LMT - Raytheon downgraded to Hold at Jefferies on cash-flow hurdles

2023-04-20 16:52:30 ET Raytheon Technologies ( NYSE: RTX ) on Thursday was downgraded to Hold from a prior investment rating of Buy by analysts Jefferies. They said the aerospace and defense company faces challenges in boosting cash flow. They estimated Raytheon ( RTX ) will...

LMT - Aerojet Rocketdyne awarded $67M contract by Lockheed Martin

2023-04-19 16:13:01 ET Aerojet Rocketdyne ( NYSE: AJRD ) said it had received a $67M contract from Lockheed Martin ( NYSE: LMT ) to provide propulsion systems for the Orion spacecraft that will be launched on Artemis missions VI-VIII. Under this contract option, three ...

LMT - What To Expect From Raytheon Q1 Earnings Next Week

2023-04-19 15:34:00 ET Summary Raytheon rallied ahead of its first quarter earnings report after Lockheed Martin posted strong results. Watch for an update on cost pressure. Long-term bullishness unchanged: RTX stock rated a buy. Investors who bought Raytheon Technol...

LMT - 4-Factor Dividend Growth Portfolio - Sour Month

2023-04-19 12:35:32 ET Summary The 4-factor dividend growth portfolio was launched on November 1st, 2022, and despite a poor start to April the long term return is still attractive. The portfolio outperformed the S&P 500 Total Return by 29 bps during the month of March. Si...

LMT - Lockheed Martin's First LM 400 Multi-Mission Space Vehicle Completes Demanding Testing Milestone

Lockheed Martin's First LM 400 Multi-Mission Space Vehicle Completes Demanding Testing Milestone PR Newswire DENVER , April 19, 2023 /PRNewswire/ -- The first Lockheed Martin (NYSE: LMT) LM 400, a versatile, mid-sized satellite which can be adapted for military, ...

LMT - Beware: The Singularity Is Almost Here

2023-04-18 18:07:54 ET Summary The singularity is not here yet, but it will arrive very soon. The economic impact of the singularity may be devastating unless governments and central banks do something about it. Nothing is currently being done to prepare for the arrival of the...

LMT - Dow, S&P 500, Nasdaq end near flat line as earnings continue to come in

2023-04-18 16:06:42 ET Wall Street recorded a largely flat performance on Tuesday, as the latest round of earnings reports did little to move the overall market. The S&P 500 managed to eke a thin gain, while the Nasdaq and Dow posted mild declines. The Nasdaq Composite ( COMP.IND ...

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