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LMT News and Press, Lockheed Martin Corporation From 06/21/23

Stock Information

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

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LMT - Lockheed Martin keeps working with U.S. military on F-35 upgrades

2023-06-21 17:29:55 ET Lockheed Martin ( NYSE: LMT ) on Wednesday said it continues to work with the U.S. government on capability and performance upgrades for the F-35 fighter jet. The defense contractor estimates the plane will remain in service until 2070, with plans to ...

LMT - Lockheed Martin Is A Beneficiary Of Geopolitical Tensions

2023-06-21 15:56:21 ET Summary Lockheed Martin is likely to continue outperforming the market due to increasing defense budgets and the geopolitical situation. The company offers a moat-like business model, increasing dividends, and substantial share buybacks. Risks include gl...

LMT - Military Drone Industry Booming as Revenues Expected to Reach $17 Billion by 2027

2023-06-21 08:30:23 ET Palm Beach, FL – June 21, 2023 – FinancialNewsMedia.com News Commentary – The Military Drone Market is positioned to continue rapid growth over the several years to come. The earliest UAVs were known as remotely piloted vehicles (RPVs)...

LMT - Dividend Delight: Lockheed Martin Rides High On Favorable Winds

2023-06-21 08:00:00 ET Summary LMT is my largest dividend investment, accounting for 7%+ of my portfolio. Its consistent shareholder value is my main reason for investing. Everything is in LMT's favor, with eased supply chains, funded defense programs, and successful investments i...

LMT - Flow Batteries: Progress At ESS, Lockheed Martin And RedFlow

2023-06-20 13:55:11 ET Summary Battery Energy Storage is in good shape with lithium batteries for short-term (0-4 hr) storage; flow batteries showing promise for 6-24 hr storage and scaling up. Lockheed Martin building a 10 MWh facility at military base in Colorado, while ESS stru...

LMT - Safran teams with MTU on joint venture for military helicopters

2023-06-20 13:06:28 ET France’s Safran ( OTCPK:SAFRF ) ( OTCPK:SAFRY ) and Germany’s MTU Aero Engines ( OTCPK:MTUAF ) ( OTCPK:MTUAY ) on Tuesday said at the Paris Air Show that they signed a memorandum of understanding on forming a joint venture to develop...

LMT - Lockheed Martin said to voice worries about L3Harris purchase of Aerojet

2023-06-20 08:30:28 ET Lockheed Martin ( NYSE: LMT ) told the U.S. Department of Defense and the Federal Trade Commission that L3Harris Technologies’ ( NYSE: LHX ) planned acquisition of Aerojet Rocketdyne ( NYSE: AJRD ) has raised concerns about unfair compet...

LMT - Lockheed Martin, Korea Aerospace Industries & Red 6 Announce Initial Augmented Reality Integration Work for T-50 Platform

Lockheed Martin, Korea Aerospace Industries & Red 6 Announce Initial Augmented Reality Integration Work for T-50 Platform Lockheed Martin, Korea Aerospace Industries & Red 6 Announce Initial Augmented Reality Integration Work for T-50 Platform PR Newswire PARIS ...

LMT - SpaceX Just Made Space Cheaper for Everyone

2023-06-18 06:06:00 ET National Security Space Launch Phase 2, or NSSL 2, is in full effect. Remember back in 2020 when the U.S. Space Force budgeted billions of dollars' worth of rocket launch contracts under its NSSL 2 program...and handed them all to just two companies: SpaceX an...

LMT - Dividend Champion, Contender, And Challenger Highlights: Week Of June 18

2023-06-18 03:59:26 ET Summary A weekly summary of dividend activity for Dividend Champions, Contenders, and Challengers. Companies which changed their dividends. Companies with upcoming ex-dividend dates. Companies with upcoming pay dates. Introduction The D...

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