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2023-04-02 10:18:44 ET Summary Lockheed Martin has rallied over the past two years, though not as much as you might expect given global geopolitical developments. Shares are still attractive at today's multiple, especially considering the firm's strong track record and its exposur...
2023-03-31 18:00:45 ET Lockheed Martin ( NYSE: LMT ) was awarded a $439.46M contract for the manufacture and delivery of air-to-ground missile systems. Work is expected to be completed by Sept. 30, 2025. U.S. Army is the contracting activity . For furth...
2023-03-31 17:21:09 ET General Electric’s ( GE ) stock jumped 46% in the first quarter of 2023, the best performance among the most widely held large-cap industrial companies. The Industrial Select Sector SPDR ETF ( NYSEARCA: XLI ), whose holdings include the bigg...
2023-03-31 04:41:19 ET Finland is one step closer to becoming a NATO member after Turkey's parliament approved a bill to expand the military alliance. It was the last vote the country needed to join the 30-nation group after Hungary's legislature gave its approval earlier this week. ...
2023-03-30 15:07:02 ET The first F-35 fighter jet with upgraded software for advanced capabilities possibly will be delayed by another year, Bloomberg News reported, citing a disclosure by a U.S. congressman. The F-35, which is made by defense contractor Lockheed Martin ( NYSE: ...
2023-03-30 11:18:45 ET Nine soldiers were killed when two helicopters collided during training exercises near the border of Kentucky and Tennessee on Wednesday night, the U.S. Army said Thursday. The HH-60 Black Hawk assault helicopters crashed into each other at about 10 p.m. in Tr...
2023-03-30 09:30:00 ET Summary Most people are far behind on their retirement goals - often without realizing it. In this article, I present conservative dividend growth investing as a suitable way to achieve long-term financial goals with subdued risks (getting rich slowly). ...
2023-03-30 02:08:10 ET Lockheed Martin ( NYSE: LMT ) on Wednesday has been awarded a $179.01M cost-plus-fixed-fee modification to a previously awarded indefinite-delivery/indefinite-quantity contract. The modification increases the ceiling to provide for the ongoing d...
2023-03-30 02:03:19 ET Lockheed Martin ( NYSE: LMT ) was awarded a $120.27M cost-plus-incentive-fee modification to a previously awarded contract. The modification exercises an option to provide continued engineering, maintenance, logistics, and material support in su...
2023-03-29 17:28:35 ET The Air Force isn’t planning to advance the hypersonic weapons system being developed by Lockheed Martin as military officials favor a program by Raytheon Technologies ( NYSE: RTX ), Bloomberg News reported. While the Air Force isn’t goin...
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2024-07-29 05:32:00 ET Is the U.S. Space Force playing favorites in space? In 2022 and 2023, SpaceNews reports that the United States Space Force (USSF) awarded 60% of its National Security Space Launch Phase 2 (NSSL2) rocket contracts to the United Launch Alliance (ULA) joint venture o...
2024-07-27 04:42:00 ET In light of conflicts in the Middle East and Ukraine, one might assume that aerospace/defense giant Lockheed Martin (NYSE: LMT) would be a darling on Wall Street. Yet, Lockheed Martin stock gained little ground in 2024's first half. Then July came around, ...
2024-07-26 05:30:02 ET Deutsche Bank analyst issues BUY recommendation for LMT on July 26, 2024 04:33AM ET. The previous analyst recommendation was Hold. LMT was trading at $521.4 at issue of the analyst recommendation. The overall analyst consensus : HOLD. Current a...