Get Stock Quote Here Lockheed Martin (LMT) is an American global aerospace, defense, security and advanced technologies company with worldwide interests. It was formed by the merger of Lockheed Corporation with Martin Marietta in March 1995. It is headquartered inBethesda, Maryland, in the Washington, DC, area. Lockheed Martin employs 126,000 people worldwide. Marillyn Hewson is the current President and Chief Executive Officer. Lockheed Martin stands as one of the world's premier companies in the aerospace, defense, security, and technologies industry; it is the world's largest defense contractor based on revenue for fiscal year 2014. In 2013, 78% of Lockheed Martin's revenues came from military sales; it topped the list of US federal government contractors and received nearly 10% of the funds paid out by the Pentagon. In 2009 US government contracts accounted for $38.4 billion (85%), foreign government contracts $5.8 billion (13%), and commercial and other contracts for $900 million (2%). Lockheed Martin operates in five business segments: Aeronautics, Information Systems & Global Solutions, Missiles and Fire Control, Mission Systems and Training, and Space Systems. The company received the Collier Trophy six times, including in 2001 for being part of developing the X-35/F-35B LiftFan Propulsion System, and most recently in 2006 for leading the team that developed the F-22 Raptor fighter jet. Lockheed Martin is currently developing the F-35 Lightning II and leads the international supply chain, leads the team for the development and implementation of technology solutions for the new USAF Space Fence (AFSSS replacement), and is the primary contractor for the development of the Orion Spacecraft command module. The company also invests in healthcare systems,renewable energy systems, intelligent energy distribution and compact nuclear fusion.
Boeing, Lockheed to launch habitats for space tourists and researchers COLORADO SPRINGS, Colo.—Bigelow Aerospace’s expandable space habitat just arrived at the International Space Station, but the company is already thinking about the next steps: flying even larger inflatable habitats into space to be used for research and even space hotels. The company announced at a conference here Monday that the United Launch Alliance, the joint venture of Boeing and Lockheed Martin, would deliver the habitats, starting in 2020, to space, where they would orbit the Earth more than a couple hundred miles high. The deal was heralded as a significant step toward commercializing space and creating a viable self-sustaining economy where businesses could thrive without being propped up by government. The companies said that the deal marked “first-ever commercial partnership between a launch provider and a habitat provider,” without the direct involvement of NASA. New industries would proliferate, predicted Robert Bigelow, founder of Bigelow Aerospace, and "help pay for the future pursuit of eventual lunar enterprises." On Friday, SpaceX ferried a smaller Bigelow habitat to the space station under its contract to resupply the station with cargo and science experiments. The module, made of a Kevlar-like substance, is scheduled to soon be attached to the station, and tested to see how it fares against the heat, radiation and debris floating around in space. Astronauts will enter that habitat, called the Bigelow Expandable Activity Module, or BEAM, a few times a year to inspect how it is doing and take measurements. About the size of a small bedroom, the BEAM would stay on the station for two years, before being jettisoned. Read the full article here: http://www.msn.com/en-us/money/tech...for-space-tourists-and-researchers/ar-BBrDiwJ
Reported before open today (4/26/16) Earnings: EPS $2.58 Revenue $11.7B Estimates: EPS $2.51 Revenue $11.09B Up 2.59% today
Reported before open today (7/19/16) Earnings: EPS $3.32 Revenue $12.9B Estimates: EPS $2.93 Revenue $12.6B Up 1.06% pre-market so far
Lockheed beats Street 3Q forecasts BETHESDA, Md. (AP) _ Lockheed Martin Corp. (LMT) on Tuesday reported third-quarter profit of $2.4 billion. The Bethesda, Maryland-based company said it had profit of $7.93 per share. Earnings, adjusted to account for discontinued operations, came to $3.61 per share. The results beat Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $2.86 per share. The aerospace and defense company posted revenue of $11.55 billion in the period, which also topped Street forecasts. Three analysts surveyed by Zacks expected $11.38 billion. Lockheed shares have climbed roughly 7 percent since the beginning of the year, while the Standard & Poor's 500 index has climbed slightly more than 5 percent. The stock has climbed 7 percent in the last 12 months.
Analyst Upgrade/Downgrade Update Brokerage firm: Deutsche Bank Change: Coverage Reiterated/Price Target Changed Previous Rating: N/A Current Rating: Hold Previous Price Target: $253 Current Price Target: $270
Analyst Upgrade/Downgrade Update Brokerage firm: Stifel Change: Upgrade Previous Rating: Hold Current Rating: Buy Previous Price Target: $260 Current Price Target: $290
Upcoming dividend information: Ex-Div-Date: 11/29/16 Payment Date: 12/30/16 Dividend: $1.82 Current Price: $263.09 Annual Yield: 2.51%
Lockheed Martin Attempts To Rebound After Trump Tweet http://www.benzinga.com/trading-ide...-martin-attempts-to-rebound-after-trump-tweet LMT shares are trading lower by $10.30 (3.8 percent) at $249.23 in Monday's session.
Anyone else noticing how this 'stairsteps' about $20, then plateaus for a couple months, then on to next leg? This move is $300->320
Hey all, I'm a big fan of LMT. I put together this video doing a quick review: Let me know your thoughts or if I missed any significant points... if you have any suggestions or would like to see this type of video done on another stock, I'm open to suggestions! Thanks!!
Lockheed Martin beats by $0.23, beats on revenue Source: https://seekingalpha.com/news/3325970-lockheed-martin-beats-0_23-beats-revenue Lockheed Martin (NYSE:LMT): Q4 EPS of $4.30 beats by $0.23. Revenue of $15.14B (+10.1% Y/Y) beats by $410M. Currently up over 2% pre-market
has to fill the gap eventually right? --- Lockheed Martin Pairs with Verizon on 5G -- Market Talk 11:33 am ET November 2, 2021 (Dow Jones) Print 11:32 ET - There's been enough uncertainty around Lockheed Martin's plans to roll out military-grade 5G solutions that CEO Jim Taiclet last week had to rule out the acquisition of a big telecom or tech company. So the JV with Verizon announced today--including a shared R&D lab--at least provides a template for the kind of relationship that Lockheed Martin plans to explore, rather than any return to the ill-fated excursion into satellite-based commercial telecoms that it pursued in the late 1990s. ([email protected]) (END) Dow Jones Newswires November 02, 2021 11:33 ET (15:33 GMT) Copyright (c) 2021 Dow Jones & Company, Inc.
Lockheed Martin shares are trading higher after Wells Fargo raised its price target on the stock from $400 to $486. Mar 7, 2022 9:54a ET
