LMT News and Press, Lockheed Martin Corporation From 05/06/22

Boeing (NYSE:BA) shares have descended to lows not seen since the dark days of the pandemic, despite an uptick in air travel and a ramp up in production. Is now the time to buy? Production and Regulatory Woes Cut Into Earnings As of Tuesday night, shares of BA had dropped 20% over the previou...

Northrop Grumman is one of the world's largest defense contractors. NOC operates in a cozy oligopoly, that after decades of consolidation has resulted in the US defense market being controlled by five large companies. We believe that NOC's revenue growth may accelerate in the next...

LRT Capital is a fundamental investment hedge fund. We invest only in companies with durable competitive advantages, i.e. “moats.”. LRT Economic Moat strategy had a very strong month, and we are very optimistic about the year ahead. Many of our portfolio companies ar...

Lockheed Martin Aeronautics (NYSE:LMT) is awarded a $372.46M undefinitized firm-fixed-price modification (P00003) to an order (N0001921F0398) against a previously issued basic ordering agreement (N0001919G0008). This modification adds scope to procure F-35 Lightning II Lots 15-16 ancillary mi...

Lockheed Martin (NYSE:LMT) has secured a $372.46M Navy contract modification. This undefinitized firm-fixed-price modification adds scope to procure F-35 Lightning II Lots 15-16 ancillary mission equipment requirements for the Air Force, Navy, and Marine Corps. It also adds scope to procure F...

Lockheed Martin Chief Financial Officer to Speak at Goldman Sachs Industrials and Materials Conference PR Newswire BETHESDA, Md. , May 5, 2022 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) will webcast a virtual presentation by Chief Financial Officer Jay Malave ...

Aerospace giant Lockheed Martin (NYSE: LMT) disappointed investors last week, sending its share price down 3.5% in the week since earnings came out . Despite the shooting war ongoing in Europe, sales at this defense contractor declined 8%, and profits per share slipped 2%. ...

Update 4:40pm: Adds response from some of the Aerojet directors. Aerojet Rocketdyne (NYSE:AJRD) Executive Chairman Warren Lichtenstein called for the company to publicly release the findings of a board committee's review into his actions. Lichtenstein, who collectively owns 5.2% of the AJRD's...

Aerojet Rocketdyne's agreed sale to Lockheed Martin failed on regulatory matters earlier this year. Since then, the board has been in dispute - an activist investor is trying to displace the CEO it originally hired and under whose tutelage the stock has tripled. We believe the def...

Economic uncertainty has struck again, and the markets are roiling. A diversified portfolio that includes income-producing high-quality defensive positions can help ride out the storm. Let's take a look at some quality picks. For further details see: 4 Best Defensive Sto...