|Bid||0.00 x 0|
|Ask||5,550.00 x 0|
|Day's Range||5,412.00 - 5,412.00|
|52 Week Range||3,930.00 - 5,720.00|
|PE Ratio (TTM)||435.15|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Lockheed Martin Corp. will deliver its eight remaining Littoral Combat Ships an average of 11 months late, more than twice the five-month delay for rival shipbuilder Austal Ltd., the U.S. Navy estimates....
The global arms industry in 2016 saw its first sales rise since 2010, fueled by growth among top U.S. defense producers, said a report released Monday.
Melius Research's Carter Copeland and his team have an update on the defense sector today, writing that investors "must own" the stocks. On top of ongoing geopolitical uncertainty and a slowing macroeconomic picture, Copeland cites tax reform as another catalyst for defense stocks, which could see as much as a 1,000 basis point reduction in their effective tax rate, which makes their valuations look much more attractive. In addition, he writes that tax reform would also "materially" limit the cash tax benefits of future pension contributions, meaning that some defense companies that have rising mandatory pension contributions may choose to pre-fund plans before the lower rates.
Global arms sales reached almost $375 billion in 2016, the first increase since 2010, according to the latest annual report from the Stockholm International Peace Research Institute.
International sales of arms and military services grew again in 2016 after five years of consecutive decline, according to new data by the Stockholm International Peace Research Institute (SIPRI).
Arms sales by the world’s top 100 defense contractors rose last year for the first time since 2010, according to the Stockholm International Peace Research Institute.
Defense stocks have been climbing all year on hopes of a reinvigorated Pentagon budget. A new government report details how much could get spent.
Lockheed in November secured a deal to develop a laser for a supersonic F-15 jet capable of disabling a missile or drone from a mile away, the latest push in a decadesold effort that so far has come up ...
Japan plans to make its first purchase of missiles that could target North Korean military bases from long distance, a major military upgrade as a rising nuclear threat from Pyongyang sparks a regional ...
The industry has set a goal to increase international sales as a way to diversify. In 2017, it was mission accomplished.
Lockheed's F-35 could be used to target nuclear-armed intercontinental ballistic missiles in the critical boost phase, according to a report from Aviation Week.
The U.S. agency tasked with protecting the country from missile attacks is scouting the West Coast for places to deploy new anti-missile defenses, two Congressmen said on Saturday, as North Korea's missile tests raise concerns about how the United States would defend itself from an attack. West Coast defenses would likely include Terminal High Altitude Area Defense (THAAD) anti-ballistic missiles, similar to those deployed in South Korea to protect against a potential North Korean attack.
Japan is preparing to acquire precision air-launched missiles that for the first time would give it the capability to strike North Korean missile sites, two sources with direct knowledge of the matter said. Japan plans to put money aside in its next defence budget starting April to study whether its F-15 fighters could launch longer-range missiles including Lockheed Martin Corp's extended-range Joint Air-to-Surface Standoff Missile (JASSM-ER), which can hit targets 1,000 km (620 miles) away, said one the sources with knowledge of the plan. "There is a global trend for using longer range missiles and it is only natural that Japan would want to consider them," he said.
Large defense contractors Lockheed Martin Corp. and DRS Network & Imaging Systems LLC were awarded two multimillion-dollars contracts on Dec. 1 — both with work in Central Florida. Melbourne-based DRS Networks won a $15.6 million contract from the U.S. Army to provide engineering services for its Bradley Acquisition Subsystem, which provides gunners with the ability to recognize, detect and identify targets far away to keep war fighters out of the danger zone. The company won an $8.8 million contract with the U.S. Navy to provide Thermal and Impact Protection Systems (TIPS) for the Trident II missile to protect the weapon from harsh weather conditions.
Boeing (BA) operates in a capital-intensive industry, which means regular investments. Boeing must invest in R&D (research and development) before its technology becomes obsolete. As competition from players ...
Boeing’s (BA) FA-18 and F-15 fighter jets face tough competition from Lockheed Martin’s (LMT) F-35 fighter jet. Price-wise, the Boeing FA-18 is winning so far. According to Boeing, its Advanced Super Hornet…...
The company's moving closer to powering smart convoys over dangerous terrain. That's good news for the military and for Lockheed.
Lockheed Martin (LMT) has recently clinched a $102 million modification contract to for the Acoustic Rapid Commercial Off-the-Shelf Insertion (A-RCI) systems.