|Bid||317.68 x 900|
|Ask||317.84 x 800|
|Day's Range||316.12 - 320.80|
|52 Week Range||286.03 - 363.00|
|PE Ratio (TTM)||38.79|
|Earnings Date||Jul 24, 2018|
|Forward Dividend & Yield||8.00 (2.59%)|
|1y Target Est||369.37|
FARNBOROUGH, England, July 17, 2018 /PRNewswire/ -- Lockheed Martin (LMT) and ThalesRaytheonSystems are joining forces to provide the NATO Alliance with a territorial Ballistic Missile Defence (BMD) command and control capability. This Teaming Agreement, signed in the presence of Raytheon and Thales, the two shareholders of the joint venture, establishes a transatlantic team that combines the depth and breadth of decades of expertise from Lockheed Martin and Raytheon, with the European air command and control capabilities of Thales. The overall team will include industry representatives from across the Alliance to deliver a low risk capability for NATO's Air Command and Control BMD program.
The latest transaction will take the total number of E175 jets sold by Embraer (ERJ) to North American airlines, since 2013, to more than 420.
BETHESDA, Md. , July 17, 2018 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) will webcast live its second quarter 2018 earnings results conference call on Tuesday, July 24, 2018 , at 11:00 a.m. ET . Marillyn ...
The S&P 500’s top gainers on July 16 were: Arconic (ARNC) gained 10.47%. VF Corp (VFC) gained 4.67%. Bank of America Corp (BAC) gained 4.31%. JPMorgan Chase (JPM) gained 3.97%. Citigroup (C) gained 3.67%. Arconic
Lockheed Martin's (LMT) Multi-Mission Surface Combatant is capable of littoral and open ocean operation, designed to confront maritime and economic security threats.
XMini Technology Cuts Cycle Time in Half FARNBOROUGH, England , July 17, 2018 /PRNewswire/ -- Exechon Enterprises L.L.C., a joint venture (JV) company comprising of U.S.-based global security and aerospace ...
Space leaders from both sides of the Atlantic gathering for this week’s Farnborough International Airshow are primed to showcase partnerships outside the atmosphere. From promoting space tourism to proposing new launch sites to setting up assembly lines to churn out small satellites, company and government space officials from the U.S. and Europe are pursuing intercontinental collaboration. In the first such example at this year’s event, the U.K.’s space agency on Monday announced that Lockheed Martin Corp. won a $31 million contract to develop the country’s first spaceport, to be located on the north coast of Scotland.
Lockheed Martin Corp is being awarded a $451 million contract modification to a previously awarded contract for material and detail design in support of the construction of four Multi Mission Surface Combatant ...
LONDON (AP) — Aviation is soaring: Passenger traffic is up, fuel prices are under control and rising demand from Asia is driving aircraft orders. So what could possibly go wrong?
The Pentagon's multi-billion "handshake deal" with Lockheed Martin Corp. to purchase a new batch of F-35 fighter jets will be a boon for arms maker Raytheon Co. . The next-generation jet has had a tough run as cost overruns and political opposition has hampered the delivery of the aircraft in recent years.
Among the companies with shares expected to trade actively in Monday's session are Bank of America, Boeing, Amazon.com, Netflix and BlackRock.
The U.S. State Department is negotiating a potential deal to sell Turkey the Raytheon Co Patriot missile defense system as an alternative to the Russian-made S-400 system Turkey has agreed to purchase, an official said on Monday. U.S. Ambassador Kaidanow, the Acting Assistant Secretary of State for Political-Military Affairs, told reporters that a delegation of U.S. government officials at the Farnborough Airshow was holding meetings with allies in the hopes of bolstering U.S. defense trade. Turkey has attracted criticism from NATO allies over its planned purchase of the S-400 missile defense systems from Russia, which could jeopardize Ankara's purchase of Lockheed Martin made F-35 Joint Strike Fighter jets.
The LM-100J is the commercial freighter production model of the C-130J Super Hercules and an updated version of the legacy L-100 commercial Hercules freighter. The LM-100J is flying at and on static display at this year's FIAS.
Lockheed Martin Corp. reached a handshake agreement with the F-35 Joint Program Office for Lot 11 of F-35 aircraft.
Northrop Grumman Corporation (NYSE:NOC) announced July 12 that current CEO Wes Bush would step aside as chief executive at the end of the year to be replaced by COO Kathy Warden. Under Bush’s leadership, NOC stock generated an annualized total return over eight-and-a-half years of 27.5%. Warden will be hard-pressed to deliver those kinds of numbers, but it’s important to point out that Bush’s tenure benefited greatly by taking over in January 2010, less than a year into the longest bull market in U.S. history.
COATESVILLE, Penn., July 16, 2018 /PRNewswire/ -- Sikorsky, a Lockheed Martin company, has delivered an S-70 Black Hawk helicopter to the City of San Diego Fire-Rescue Department. When modified by a third party as a FIREHAWK® helicopter with a 1,000-gallon belly tank, retractable snorkel, extended landing gear and rescue hoist, the City of San Diego will have a multirole platform with the speed to more quickly find and extinguish wildfires, perform rescue missions, and deliver initial medical care across the city and neighboring counties. "The Black Hawk is a game changer in its primary role of fire suppression in support of ground firefighting crews," said San Diego Fire-Rescue Air Operations Chief Chuck Macfarland during the June 27 ceremony to accept the aircraft at Sikorsky's facility in Coatesville, Pennsylvania.
FARNBOROUGH, United Kingdom, July 16, 2018 /PRNewswire/ -- Sikorsky, a Lockheed Martin company (LMT), announced the sale of an S-76D™ aircraft to the Government of Maharashtra in India. The announcement came during the Farnborough International Airshow. This contract marks the first sale of an S-76D helicopter in India.
Britain wants to build its first spaceport for launching satellites in Scotland, with the government kick-starting the project by handing almost 30 million pounds ($40 million) in grants to companies including Lockheed Martin. UK Business Minister Greg Clark said the new site at Sutherland on the northerly-most tip of mainland Scotland would provide facilities for vertically-launched space rockets and satellites to take off into orbit. Under the plans announced on Monday, U.S. group Lockheed and its partners will receive 23.5 million pounds in grants from the UK Space Agency which will go towards establishing launch operations at Sutherland and developing a new system for deploying small satellites in Reading, southern England.
Britain wants to build its first spaceport for launching satellites in Scotland, with the government kick-starting the project by handing almost 30 million pounds ($40 million) in grants to companies including Lockheed Martin (LMT.N). UK Business Minister Greg Clark said the new site at Sutherland on the northerly-most tip of mainland Scotland would provide facilities for vertically-launched space rockets and satellites to take off into orbit.
FARNBOROUGH, England , July 16, 2018 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) and Rafael Advanced Defense Systems Ltd., of Israel , signed a Memorandum of Understanding (MOU) to evaluate potential markets ...
Missile maker Raytheon Co said its StormBreaker bomb had entered operational testing phase, bringing it a step closer to providing U.S. Air Force pilots with the capability to strike moving targets in adverse weather. StormBreaker, formerly called the Small Diameter Bomb II, enters the phase after completing a successful Operational Test Readiness Review in Spring 2018, Raytheon said. The bomb will be fielded first on the F-15E Strike Eagle, and is planned to be integrated onto the Lockheed Martin Corp-made F-35 Joint Strike Fighter by 2022, Raytheon said.
FARNBOROUGH, England, July 16, 2018 /PRNewswire/ -- The UK Space Agency has selected Lockheed Martin (LMT) to help implement its vision for the UK Spaceflight Programme, an innovative initiative to create a world-leading commercial launch market that grows the UK economy through regular, reliable and responsible access to space. "The countdown to the first orbital rocket launch from UK soil has officially begun," said Patrick Wood, Lockheed Martin's UK Country Executive for Space.
The Pentagon said Sunday that it had reached a multi-billion-dollar “handshake deal” with Lockheed Martin Corp. on buying the next batch of F-35 combat jets after months of wrangling over price and other terms. Ellen Lord, the Pentagon’s chief weapons buyer, announced the preliminary deal in a statement on the eve of the biennial Farnborough Air Show, though last week she canceled plans to attend the U.K. event, citing other commitments. The F-35 is the world’s largest military program and already accounts for about a quarter of Lockheed’s annual sales, as well as significant shares at partners including Northrop Grumman Corp., BAE Systems PLC and United Technologies Corp., the latter of which finalized a deal on the engines for the new jets earlier this year.