Lockheed Martin

Open: 433.15 Close: 435.82 Change: 2.67

Are you still looking for information about Lockheed Martin Company Inc Stock? An AI summarized it for you.

Are looking for the most relevant information about Lockheed Martin? Investor spend a lot of time searching for information to make investment decisions in Lockheed Martin. This task is often burdensome and consumes huge amounts of free time. It also leads to mistakes due to fatigue and bounded rationality. As a solution, we programmed an artificial intelligence that reads the whole internet and the uses natural language processing and vectorizers to summarize the information. Usually, the AI reads several hundred pages and summarize it to a short document. This document presents our results. We found that the most common words in the internet about Lockheed Martin are: Lockheed, Martin, aircraft, military, Marietta, American, C130, and the most common words in the summary are: lockheed, martin, stock, job, market, f35, aircraft, . One of the sentences in the summary was: Lockheed Martin backlog climbed 7% in 2023 to $160.6 billion, and …

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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 backlog climbed 7% in 2023 to $160.6 billion, and full-year revenue was up 2%. Lockheed Martin (LMT) ending at $434.75, denoting a +0.43% adjustment from its last days close. Lockheed acquired General Dynamics fighter division at Fort Worth in 1993 and merged with Martin Marietta.

Today's News

Inside Lockheed Martins Marietta, Ga., plant where a crucial piece of American hardware is born. The iconic C-130 Hercules aircraft has spanned American military history with a wide range of capabilities since 1954. The aircraft has had an impact on military aviation as well as an economic impact on Georgia. Lockheed Martin chairman and CEO Jim Taiclet called it a solid finish to 2023, crediting strong demand for [its] all-domain portfolio of advanced defense tech solutions Lockheed Martin backlog climbed 7% in 2023 to $160.6 billion, and full-year revenue was up 2%. Lockheed Martin is an Equal Opportunity/Affirmative Action Employer. Flexible Schedules, dependent on role Levels: Student, Entry, Mid, Senior, Management Locations: Nationwide & OCONUS. Lockheed Martin (LMT) ending at $434.75, denoting a +0.43% adjustment from its last days close. Lockheed Martin to Present At J.P. Morgan Industrials Conference; Webcast At 10:15 AM ET RTTNews. Apple acquires Canadian startup DarwinAI as AI Arms Race Accelerates: Report. The F-35 designation was allegedly determined on the spot by program manager Major General Mike Hough. Lockheed Martin is developing a weapon rack called Sidekick that would enable the internal outboard station to carry two missiles. Lockheed acquired General Dynamics fighter division at Fort Worth in 1993 and merged with Martin Marietta in 1995 to form Lockheed Martin. Canada began negotiations with Lockheed Martin for 88 F-35As to replace the aging fleet of CF-18 fighters starting in 2025. In December 2021, it was reported that Lockheed Martin was developing a new variant for foreign customer. Lockheed Martin hosts Ethics in Engineering competition to instill the importance of ethical decision-making as students consider how to address challenges in the fast-paced world of technology. The C-130 Hercules boasts the longest continuous military aircraft production. Lockheed Martin has already delivered over 900 F-35 jets to the United States Air Force, Marines, and Navy. Lockheed Martin stands to benefit financially from this development, potentially receiving more funding for the program. The markets responded positively to the news, with Lockheed Martin shares rising. Investors in Lockheed Martin (NYSE:LMT) have seen favorable returns of 69% over the past five years. Lockheed Martin Corporation has fallen short of that second goal, with a share price rise of 48% over five years, which is below the market return. Share prices reflect investor sentiment, not just underlying business performance.

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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