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LMT News and Press, Lockheed Martin Corporation From 07/12/23

Stock Information

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

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LMT - Lockheed Martin awarded $99M Navy contract

2023-07-12 00:57:58 ET Lockheed Martin ( NYSE: LMT ) has secured a not-to-exceed $99 million contract to provide required lethality and survivability modernization to littoral combat ship integrated tactical trainers. The contract to ensure that the fleet is training on device...

LMT - S&P 500 Q2 2023 Earnings Preview: A Repeat Performance?

2023-07-11 19:45:00 ET Summary Heading into the Q1 earnings season, we were expecting an ‘earnings recession’ based on a negative Q4 actual growth rate along with analyst estimates forecasting a negative growth rate for both Q1 and Q2. Over the last three months, the...

LMT - U.S. to push ahead with F-16 sales to Turkey amid NATO expansion

2023-07-11 16:51:11 ET The Biden administration will proceed with a $20 billion sale of F-16 fighter jets to Turkey, national security adviser Jake Sullivan said on Tuesday. “President Biden has been clear and unequivocal for months that he’s supported the transfer of F-16...

LMT - Blue Origin and United Launch Alliance face setback after rocket engine explosion

2023-07-11 15:58:04 ET A Blue Origin ( BORGN ) rocket engine reportedly exploded during a test at the space company's facility in Texas on June 30. Sources told CNBC the BE-4 engine detonated about 10 seconds into the test and damaged part of the test stand infrastructure. T...

LMT - Aerojet, L3Harris going forward with transition as the await for regulators - report

2023-07-11 11:39:57 ET Executives from L3Harris ( NYSE: LHX ) and Aerojet Rocketdyne ( NYSE: AJRD ) are in Florida this week working on transition planning as the companies wait for the Federal Trade Commission to decide on their combination. L3Harris ( LHX ) is targ...

LMT - Lockheed Martin Announces Second Quarter 2023 Earnings Results Webcast

Lockheed Martin Announces Second Quarter 2023 Earnings Results Webcast PR Newswire BETHESDA, Md. , July 11, 2023 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) will webcast live its second quarter 2023 earnings results conference call (listen-only mode) on Tuesday...

LMT - Sen. Elizabeth Warren, others urge DOJ to probe L3Harris purchase of Aerojet

2023-07-11 08:56:59 ET Sen. Elizabeth Warren (D-MA) and three other lawmakers are urging the Defense Department to review L3Harris's ( NYSE: LHX ) planned $4.7 billion acquisition of Aerojet Rocketdyne ( NYSE: AJRD ). "Lockheed Martin, Raytheon, and Boeing are all depend...

LMT - Turkey sets sights on F-16s after backing Sweden's NATO bid

2023-07-11 05:24:01 ET Sweden is one step closer to joining the North Atlantic Treaty Organization as Turkey agreed to back its bid to become a part of the alliance. This follows Sweden agreeing to bolster its anti-terrorism efforts and support Turkey's bid to join the European Uni...

LMT - Defense and weapon stocks in focus as Biden heads to NATO summit

2023-07-10 06:55:31 ET Putin vs. Wagner: What does chaos in Russia mean for the markets? Sweden NATO bid still stalled despite Biden support, leaders meet to break deadlock Putin to station Russian tactical nuclear weapons in Belarus For further details see: ...

LMT - 4 Factor Dividend Growth Portfolio - Cruising Towards A 20% Return

2023-07-10 02:48:58 ET Summary The 4-factor dividend growth portfolio is a strategy that leverages the stock selection process of Schwab U.S. Dividend Equity ETF™, with a few minor twists. The portfolio gained 5.00% in June, underperforming the S&P 500 by 1.60%. Year-to...

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