324.24 -0.04 (-0.01%)
Pre-Market: 8:15AM EDT
|Bid||320.50 x 1000|
|Ask||327.95 x 900|
|Day's Range||321.16 - 324.53|
|52 Week Range||273.92 - 363.00|
|PE Ratio (TTM)||47.06|
|Earnings Date||Jul 16, 2018 - Jul 20, 2018|
|Forward Dividend & Yield||8.00 (2.51%)|
|1y Target Est||375.37|
This contract represents the first time that Lockheed has awarded a multi-year purchase of azimuth gimbal housings for the F-35. The purchase order, which includes a number of housings to be used for production airframes and for spares, represents a double-digit average annual increase in the production rate for IBC over the previous one-year contract with Lockheed, and a more than 40% increase in the final year of the contract as production of the F-35 ramps up. The units will be made of IBC’s high-performance beryllium-aluminum alloy known as Beralcast®. IBC’s advanced technology gives it the ability to precision cast the beryllium alloy part in a manner that is significantly less costly for Lockheed – and for taxpayers – than legacy production techniques.
Israel on Tuesday questioned the legal validity of a Palestinian request to the International Criminal Court to investigate alleged human rights violations linked to Israeli settlement policies in occupied territories. "The purported Palestinian referral is legally invalid, and the ICC lacks jurisdiction over the Israeli-Palestinian issue, since Israel is not a member of the Court and because the Palestinian Authority is not a state," the Israeli Foreign Ministry said in a statement, calling the move a "cynical step".
Israel is the first country to have used the U.S.-made F-35 stealth fighter in combat, the Israeli air force chief said on Tuesday in remarks carried by the military's official Twitter account. Israeli ...
About 600 workers returned to work Monday, and here's what ended the two-week labor dispute for the large U.S. rocket maker.
These nine space and rocket-related companies are hiring in Central Florida.
The Department of Commerce spent $50,000 on the Preakness, consistent with previous years.
BETHESDA, Md., May 21, 2018 /PRNewswire/ -- Today Lockheed Martin (LMT) announced Michele Evans has been named Deputy Executive Vice President for its Aeronautics business area, effective June 4. Evans will report to the business area's Executive Vice President, Orlando Carvalho, and will be based at the Aeronautics headquarters in Fort Worth, Texas.
SUNNYVALE, Calif. , May 21, 2018 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) recently put its fifth Advanced Extremely High Frequency (AEHF-5) satellite through its paces in realistic simulations of its ...
Combined Test Force proved ship/helicopter operational capability in Sea State 6 conditions PHOENIX , May 18, 2018 /PRNewswire/ -- AHS International has recognized Canada's Department of National Defence ...
Lockheed Martin grabs its fourth ballistic missile contract for the year.
American companies are competing against each other on manned missions nearly a half-century after we first touched down on lunar soil.
HAWTHORNE, N.J. , May 17, 2018 /PRNewswire/ -- Pfister Energy was selected to design, build and construct a 2.5 MW solar field for Lockheed Martin's (NYSE: LMT) Moorestown facility. The 8-acre, 2.5 megawatt ...
Northrop Grumman Corporation (NYSE:NOC) got its start as an aerospace and defense firm in WWII building bombers for the Norwegians. Both Northrop Aircraft and Grumman Corporation merged in 1994 to become a powerful aerospace firm that has continued to push the limits of flight and their underlying technologies ever since. While Boeing Co (NYSE:BA) and Lockheed Martin Corporation (NYSE:LMT) have chosen to diversify their businesses into everything from border walls to traffic light cameras, NOC has stuck to its knitting.
The military and defense contractors appear poised to come to the rescue of 3D printer makers and 3D printer stocks. After investors became excited about 3D printing stocks around five years ago, causing them to rise sharply, they have failed to live up to the hype. Demand for 3D printers has been much lower than expected and the prices of 3D printer stocks have collapsed.
The CH-53K King Stallion helicopter was delivered to the U.S. Marine Corps on Wednesday. The aircraft is manufactured by Sikorsky, a unit of Lockheed Martin, and has an estimated unit cost of approximately $122 million. The heavy-lift chopper is considered the most powerful helicopter ever fielded by the United States.
Competing space vehicle activity will increase in Central Florida this month. Here's the latest to keep an eye on.
CH-53K helicopter can lift three times the external load of its predecessor WEST PALM BEACH, Fla. , May 16, 2018 /PRNewswire/ -- Sikorsky, a Lockheed Martin company (NYSE: LMT), delivered the first CH-53 ...
Almost three years after orchestrating a merger between two mid-tier government contractors, he now plans to move into a market "that’s still widely untapped."
These 2 defense firms have won major contracts and are hiring in the Central Florida area.
CHICAGO, May 15, 2018 /PRNewswire/ -- Lockheed Martin (LMT) signed an agreement to supply a GridStar™ Lithium energy storage system to ComEd, Illinois' largest electric utility. The 2 MWh system will be integrated into ComEd's Bronzeville community microgrid project in Chicago. A microgrid is a small power grid with defined boundaries that can operate both when connected to the larger electrical grid and as an "island" when there's an interruption on the main grid.
Being one of the forerunners in the missile defense space, Lockheed Martin's (LMT) MFC unit manufactures advanced combat, missile, rocket, manned and unmanned systems for military customers
There was a time during the early Cold War years when much of the defense industry was run by eccentric "cowboys" -- they were all men -- and a key part of the WashOps job was carrying bags of money to Capitol Hill. Today, every facet of the defense business is continuously scrutinized by oversight bodies and subject to a vast array of rules and regulations. Having spent most of my adult life interacting with the defense industry, I thought it might be interesting to consider what the characteristics of the top three defense operatives in Washington indicate about the standards for success.