|Day's Range||281.54 - 284.00|
|52 Week Range||228.50 - 284.00|
|PE Ratio (TTM)||16.42|
|Dividend & Yield||7.28 (2.57%)|
|1y Target Est||N/A|
Lockheed Martin Corp.'s (LMT) business unit, Space Systems Co., has won a modification contract from the U.S. Navy to offer support services for the production of Trident II (D5) missile and D5 deployed systems.
As North Korea increased its ballistic missile test firings in April and May, the U.S. Missile Defense Agency awarded Boeing a $58.6 million contract to demonstrate a new generation of technology to intercept and destroy multiple missiles should they be fired simultaneously at United States. Boeing said the government gave it a 35-month contract to further its work on what the missile defense agency calls Multi-Object Kill Vehicle (MOKV) technology. The U.S. Department of Defense awarded the contract May 12, Chicago-based Boeing (BA) said in a news release.
The pace of global rocket launches could accelerate by 50% or more in just a few years' time.