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Lockheed Martin Corporation (LMT)

NYSE - NYSE Delayed Price. Currency in USD
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386.23+0.21 (+0.05%)
At close: 4:03PM EDT
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  • r
    robert
    LMT up considerably from when I first noted the cheapness of this name. This should only go higher over the long haul due to both space and aerospace demand. And the dividend is ample enough to put money in my pocket in addition to the capital gains rolling in. This is a fantastic company and a leader of its industry. The market always rewards great companies over the long haul.
  • S
    S
    Lockheed Martin Corp’s. LMT Rotary and Mission Systems (RMS) unit recently secured a $79.3-million modification contract to provide new construction production requirements for the fiscal 2021 AEGIS modernization (AMOD) and guided-missile destroyer.
    The RMS unit will provide these services to the defense forces of the United States and Australia, under the Foreign Military Sales (FMS) program.
    Majority of the work related to the deal will be performed in Moorestown, NJ. The contract was awarded by the Naval Sea Systems Command, Washington, D.C. and the work is expected to get completed by March 2025.
    Significance of the Aegis Combat System
    The Aegis combat system is an integrated missile guidance system used in the U.S. Navy and allied ships to protect the battle group. Currently, it is the world’s most advanced combat system that can simultaneously destroy land targets, submarines and surface ships along with providing protection from aircraft, cruise missiles and ballistic missiles. The computer-based command and decision providing ability is the key element of the AEGIS combat system.
    The Aegis Ballistic Missile Defense (BMD) system is the primary sea-based component of the U.S. missile defense system. Other militaries across the world that rely on Aegis include Japan, Canada, Norway, Korea, Spain and Australia. These international partners are currently building ships that will be drawn from the Aegis Common Source Library to support their mission on Frigates and Destroyers.
    Bullish
  • V
    VirginiaLova
    Lockheed Martin and Royal Air Force Celebrate but of First F-35 Jets Going to Royal Danish Air Force.
    Bullish
  • J
    Julius Caesar - Renaissance
    I was going to buy at sub 325 usd;
    bank & broker don't offer us militairy related companies. Not decent.
    Not decent who? Hope you all made a decent profit, it will likely move over time towards low 400 - 450 (1-2 year).
    Goodluck my friends.
  • D
    Diane
    I’m thinking of buying LMT and hold , any advice?
  • C
    CURT
    The RSI just curved downward for first time in weeks. Take profits because the stock price will start retreating this afternoon and next week with the RSI indicator.
    Neutral
  • J
    Julius Caesar - Renaissance
    $410 - $430 should be a high resistence area for those who only swing traded might be a good time to cash in.
  • G
    Gerry
    Another "new" contract for $2.8B for guided missiles . At some point this stuff has got to add up to some very strong revenue and profit growth.
  • J
    James
    tired of winning.
    Bullish
  • C
    CURT
    $381 by closing Bell. RSI is over 83 now on the Daily. Has to come back down to Earth at some point
    Neutral
  • G
    Gerry
    SEC has given the green light to Cathy Woods firm to open the ARKX fund (Aerospace & Defense). The new fund starts trading tomorrow 3/30/2021. LMT is a "major holding" of the fund. Many retail investors will be buying this fund tomorrow......pushing up ALL the defense & aerospace stocks. GLTA
  • V
    VirginiaLova
    Lockheed Martin buys up to 58 launches over the next decade from rocket builder ABL Space
    $LMT
    Bullish
  • V
    VirginiaLova
    . . . a great business at a low price. Lockheed shares trade for just 13.6 times estimated 2021 earnings of $26.34 a share, a big discount to the market's 22.6 times multiple. If the stock can trade at a price/earnings ratio of 20, roughly in line with its recent discount to the S&P 500 valuation multiple, shares would fetch about $500, up more than 40% from recent levels. Lockheed has an attractive dividend yield, too, at about 3%. "I'm getting paid to wait," adds Morgan. He's expecting good things.
    Bullish
  • G
    Gerry
    Just an observation here. Did you notice that the ARKX (Defense & Aerospace) ETF is up 5% in 5 days since it first began trading even though it opened 6% lower on it's first trading day? Interesting.
  • H
    HawkEye1,000x
    Kathy Wood is investing in $LMT. She must like the fact that $LMT is trading at a discount. I bet she also likes the fast rising dividend. Or, could it be that “Cold Fusion” has finally arrived? :)
    Bullish
  • T
    Tod
    lot of passive money will soon go here. 5% of space etf is lmt. This could be around 1billions inflow into LMT.
  • T
    Turki
    Northrup Grumman $NOC and Lockheed Martin $LMT were both awarded contracts with the U.S Missle Defense Agency for the development and risk reduction of the Next Generation Interceptor

    $NOC was awarded a $3.9B total value contract

    $LMT was awarded a $3.7B total value contract
    Bullish
  • J
    James
    Sending out a search party for GPSIIR
    Bullish
  • G
    GPSIIR
    James, so, still thinking we will hold $370 today? :-P Sorry, couldn't resist. On a serious note, that's why I mentioned that I'd feel better about the pop we saw if it was on high volume. That indicates an interest that won't easily allow the stock to drop..... Still between neutral and bearish....
    Neutral
  • A
    Anonymous
    Corporate federal tax rate rising 33 percent? There goes my dividend.