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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...
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...
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...
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...
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 ...
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...
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...
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, ...
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...
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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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...