Lockheed Martin

Open: 445.8 Close: 445.59 Change: -0.21

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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 currently carries a Zacks Rank #3 (Hold) Lockheed Martin has been handed a contract to work on nuclear-powered spacecraft technologies. The aerospace giant will develop power and propulsion systems under its JETSON.

Today's News

Shares of Lockheed Martin have increased 1% compared with the industrys 4.7% growth. Lockheed Martin currently carries a Zacks Rank #3 (Hold) Lockheed Martin has been handed a contract to work on nuclear-powered spacecraft technologies. The aerospace giant will develop power and propulsion systems under its JETSON project. Lockheed Martin says its 5G network is compliant with 3GPP Release 17. Lockheed Martin Opens 25,000-square foot, $16.5M Missile Defense Lab. Facility is a Lockheed Martin capital project and provides evidence of Lockheed Martins investment in the Huntsville community. Facility will conduct development, testing, and system integration for the nations next long range ballistic missile defense interceptor. The Air Force tapped Lockheed Martin for its TPY-4 radar in 2022. Lockheed Martin is preparing to send the U.S. administrative support specialist at lockheed martin corporation. Fort Worth, Texas. X-Bow Systems announced the close of aninterim funding round led by Lockheed Martin Ventures theventure arm of Lockheed MartinCorporation (NYSE:LMT) Lockheed Martin opened a $16.5M engineering facility at its Huntsville campus, introducing more capabilities for missile defense innovation in North Alabama. Lockheed Martin plans to conduct development, development, and testing of the nations next range ballistic missiles, with a space craft no ItalyMPfaces warningra toddlerlyn Graham Terry Crescent consumer Lockheed Martin opens 25,000-square foot, $16.5m missile defense lab – missile defense advocacy alliance. Lockheed Martin is bringing jobs, infrastructure and investment to help strengthen the region as a thriving excellence hub. The Air-launched Rapid Response Weapon (ARRW) is one hypersonic system the Lockheed Martin team has achieved significant progress on an unprecedented timeline – cutting development time almost in half. Lockheed Martin is partnering with the U.S. Government, our diverse supplier base, and experts. Lockheed Martin, NASA, and Red Hat will be working together to make sure that the launch and return of Artemis II goes just as smoothly as its predecessor. Lockheed Martin has a market cap of $110.55 Billion. This makes Lockheed Martin the world 116th most valuable company by market cap. Lockheed Martin CEO Jim Taiclet joins Mad Money host Jim Cramer to talk U.S. defense budget. Shares of Lockheed Martin NYSE: LMT took flight after a better-than-expected report. Lockheed Martin reported revenue of $16.9 billion in the third quarter (Q3) of 2023, up 2% from $16.6 billion a year earlier. The Czech government has approved the acquisition of Lockheed Martins F-35 Joint Strike Fighter. The new Missile System Integration Lab (MSIL) is where Lockheed Martin plans to conduct development, testing, and system integration. Lockheed Martin opens 25,000-square foot, $16.5m missile defense lab in Huntsville, Alabama. Lockheed Martin plans to conduct development, testing, and system integration for the nations next long range ballistic missile defense interceptor.

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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