Lockheed Martin

Open: 448.04 Close: 442.6 Change: -5.44

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Stock Summary

Lockheed Martin Corporation is a security and aerospace company. It operates through four segments: Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space. The Missiles & Fire Control segment provides air and missile.

Today's Summary

Lockheed Martin awarded $663.1 million modification to its contract with the U.S. Navy contract modification. Lockheed Martin is gearing up to host a 2024 demonstration in Germany to showcase a version of its High Mobility Artillery Rocket System, or HIMARS, with improved firepower. The defense contractor is a source of stable cash flows, but there are a few things youll want to consider before investing.

Today's News

Lockheed Martin Corp. stock outperforms competitors despite losses on the day - marketwatch.com. Lockheed Martin was awarded a $663.1 million modification to its contract with the U.S. Navy contract modification. The company will receive $220.7 million for enhancements throughout 2024, and an additional $42.04 million. Lockheed Martin is gearing up to host a 2024 demonstration in Germany to showcase a version of its High Mobility Artillery Rocket System, or HIMARS, with improved firepower. Lockheed Martin awarded $220.7M Navy contract modification regarding F-35 program. Lockheed Martin (NYSE:LMT) stock price news. Lockheed Martin is down nearly 9% this year. The defense contractor is a source of stable cash flows, but there are a few things youll want to consider before investing. Lockheed Martin and Verizon demo 5g streaming for military sustainment applications. Lockheed Martin promotes new treasurer, cfo for missiles and fire control. James Madison debuts in Lockheed Martin Armed Forces Bowl. Lockheed Martin stock is 8711% away from the 52-week high in the last 52 weeks. Analysts have a median target of 47433 with a median of 4.33, with a 474-33 target. Lockheed Martin has a consensus rating of a Buy. Lockheed Martin has produced more than 60,000 rockets and is under annual GMLRS contract with the U.S. Army. Lockheed Martin scientists and engineers are working on the innovative Lockheed Martin engineers. The company is under contract to provide integrated logistics support for the U.S. Air Force. Lockheed Martin Aeronautics is one of the largest aircraft manufacturers in the world. Lockheed Martin has a market cap of $109.80 billion. Sikorsky Aircraft Corp. has clinched a $168.2m contract to propel ch-53k helicopter. F-35 Joint Program Office head says he still cannot predict when a software issue that has halted deliveries from Lockheed Martin will be corrected. Portugal appears to be moving toward an acquisition of Lockheed Martins F- 35 Joint Strike Fighter. Lockheed Martin is in the Industrials sector and Aerospace & Defense industry. The stock price for Lockheed Martin ( NYSE : LMT ) is $ 445 last updated December 20, 2023 at 5:15 PM EST. Lockheed Martin pays a quarterly cash dividend of $ 3.15 per share.

Stock Profile

"Lockheed Martin Corporation, a security and aerospace company, engages in the research, design, development, manufacture, integration, and sustainment of technology systems, products, and services worldwide. It operates through four segments: Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space. The Aeronautics segment offers combat and air mobility aircraft, unmanned air vehicles, and related technologies. The Missiles and Fire Control segment provides air and missile defense systems; tactical missiles and air-to-ground precision strike weapon systems; logistics; fire control systems; mission operations support, readiness, engineering support, and integration services; manned and unmanned ground vehicles; and energy management solutions. The Rotary and Mission Systems segment offers military and commercial helicopters, surface ships, sea and land-based missile defense systems, radar systems, sea and air-based mission and combat systems, command and control mission solutions, cyber solutions, and simulation and training solutions. The Space segment offers satellites; space transportation systems; strategic, advanced strike, and defensive systems; and classified systems and services in support of national security systems. This segment also provides network-enabled situational awareness and integrates space and ground global systems to help its customers gather, analyze, and securely distribute critical intelligence data. It serves primarily serves the U.S. government, as well as foreign military sales contracted through the U.S. government. Lockheed Martin Corporation was founded in 1912 and is headquartered in Bethesda, Maryland."

Keywords

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