337.00 -0.66 (-0.20%)
Pre-Market: 8:52AM EDT
|Bid||333.11 x 1300|
|Ask||337.00 x 1000|
|Day's Range||334.07 - 337.91|
|52 Week Range||291.52 - 363.00|
|PE Ratio (TTM)||37.74|
|Earnings Date||Oct 22, 2018 - Oct 26, 2018|
|Forward Dividend & Yield||8.00 (2.38%)|
|1y Target Est||377.11|
New aviation laws in the United States will pave the way for the return of commercial supersonic flight. A ban on supersonic travel over U.S. soil, in place since the Richard Nixon administration, is to be removed. The last commercial supersonic flight was on 24 October, 2003 when Concorde took off from JFK.
Nabisco is releasing a special birthday cake-flavored Oreo on Monday to celebrate Mickey Mouse turning 90, plus more business headlines to start your workday.
Technology isn’t the only part of the market to boom over the past decade. Defense companies have outperformed as well. It may be time for caution.
The deal will allow Pulau Corp. to expand into new areas of support, at new locations around the globe.
The S&P 500 Aerospace & Defense (Industry) and the Dow Jones U.S. Aerospace & Defense indices rose 2% in the past five trading sessions.
Northrop Grumman Corporation (NYSE:NOC) is one of the leading U.S. defense contractors. Its DNA has set it up as the premier U.S. aerospace and C5ISR (command, control, communications, computing, combat systems, intelligence, surveillance and reconnaissance) player in the business. NOC stock isn’t the biggest but it is very good at what it does. Of the top five defense contractors in the world, NOC comes in at No. 4, according to Defense News.
Lockheed Martin's (LMT) CH-53K King Stallion advances Sikorsky's 50 years of manufacturing and operational success with its CH-53A, CH-53D/G and CH-53E predecessors.
This week, Ryan McQueeney highlighted two trendy dividend-paying stocks with very interesting charts. The first, defense behemoth Lockheed Martin, has put together an impressive month, while the latter-Innovative Industrial Properties-has joined a growing list of popular marijuana stocks.
"As a trader, you never ignore all-time highs," said one equity strategist, suggesting that it's usually a strong bullish signal for long-term trends.
Defense stocks have been catching some bids lately, with many hitting multi-month highs. The nice thing about defense stocks is that there is a recurring secular market. Specifically, defense spending seems like the one thing our government can agree on.
Lockheed Martin's (LMT) ISIS program is mainly engaged in providing mission critical, digital image management, indication, warning, and platform architecture interface capabilities.
Florida's Space Coast is benefitting from aerospace firms choosing Cape Canaveral to expand launch services.
26 analysts are currently tracking Boeing (BA) stock. One analyst dropped the stock coverage after Q2 2018 results. Currently, eight analysts have a “strong buy” recommendation on the stock. 11 analysts have a “buy” recommendation. Seven analysts tracking the stock have a “hold” rating. There aren’t any “sell” or “strong sell” ratings on Boeing stock.
United Launch Alliance has big plans in store for its premier launch site at Cape Canaveral Air Force Station.
In an interview with CNBC's "Fast Money" on Tuesday, Todd Gordon of TradingAnalysis.com recommended that investors buy shares of jet maker Boeing Co. ( BA), aerospace and defense company Lockheed Martin Corp. ( LMT) and rail transportation and real estate holding company CSX Corp. ( CSX). "Those [industrial] conglomerates have been very, very weak.
Defense stocks just rocketed to all-time highs, and some strategists are betting on even more gains to come.
NASA has asked half a dozen companies to design prototypes of habitats for astronauts traveling deep into outer space.
Lockheed Martin offered letters of intent to 800 people on Monday to work at its Fort Worth factory, according to a company spokesperson. For almost two years, Lockheed Martin Corp. (NYSE: LMT) has been hosting job fairs to add to its workforce at the Fort Worth facility where the F-35 is manufactured. Since Lockheed Martin is a defense contractor that does a significant amount of work for the U.S. military, the potential employees must pass background checks before they can go to work.
Orlando International Airport — the busiest airport in the state — is on track to have a record-breaking summer, plus more Wednesday business headlines to start your workday.
DEEP DIVE Stock prices tend to be driven by increases in earnings. The federal income tax cuts that went into effect this year will no doubt boost profits and potentially share prices. But that party will surely end, after which it is reasonable to expect the aerospace and defense subsector to continue to outperform the broader market.
The Zacks Analyst Blog Highlights: Walmart, IBM, Texas Instruments, Wells Fargo and Lockheed Martin