|Bid||432.04 x 900|
|Ask||432.16 x 800|
|Day's Range||429.69 - 433.52|
|52 Week Range||281.00 - 433.52|
|Beta (5Y Monthly)||0.94|
|PE Ratio (TTM)||20.56|
|Forward Dividend & Yield||9.60 (2.24%)|
|Ex-Dividend Date||Nov 28, 2019|
|1y Target Est||N/A|
Lockheed Martin (NYSE: LMT) today announced its board of directors has elected former Chairman of the Joint Chiefs of Staff General Joseph F. Dunford Jr. to the board, effective Feb. 10, 2020.
The Lockheed Martin Corporation (NYSE: LMT) board of directors has authorized a first quarter 2020 dividend of $2.40 per share. The dividend is payable on March 27, 2020, to holders of record as of the close of business on March 2, 2020.
Lockheed Martin (NYSE: LMT) will webcast live its fourth quarter and full year 2019 earnings results conference call on Tuesday, January 28, 2020, at 11:00 a.m. EST. Marillyn Hewson, chairman, president and chief executive officer; Ken Possenriede, executive vice president and chief financial officer; and Greg Gardner, vice president of investor relations, will discuss fourth quarter and full year 2019 financial results, provide updates on key topics and answer questions. Fourth quarter and full year 2019 results will be published prior to the market opening on Tuesday, January 28.
A new era of space-based computing is now being tested in-orbit that will enable artificial intelligence, data analytics, cloud networking and advanced satellite communications in a robust new software-defined architecture. Recently, Lockheed Martin (NYSE: LMT) launched the Pony Express 1 mission as a hosted payload on Tyvak-0129, a next-generation Tyvak 6U spacecraft.
The Defense Advanced Research Projects Agency (DARPA) awarded Lockheed Martin (NYSE: LMT) a $31.9 million contract for the Operational Fires (OpFires) Phase 3 Weapon System Integration program. OpFires seeks to develop and demonstrate an innovative ground-launched system to enable a hypersonic boost glide missile system to penetrate modern enemy air defenses and rapidly engage time-sensitive targets.
Lockheed Martin (NYSE: LMT) is launching a groundbreaking vocational scholarship for high school seniors and college students pursuing vocational and trade degrees.
Lockheed Martin (NYSE: LMT) shipped its third satellite based on the modernized LM 2100™ bus to French Guiana for launch aboard an Ariane V rocket. JCSAT-17 will provide flexible mobile communications services to users in Japan and the surrounding region. Arianespace will launch JCSAT-17 from its spaceport in Kourou.
Lockheed Martin (NYSE: LMT) will deliver 50 C-130J Super Hercules to the U.S. government through a C-130J Multiyear III award, which was finalized by the U.S. government on Dec. 27, 2019. The award comes as a delivery order under an existing Indefinite Delivery Indefinite Quantity contract awarded in August 2016.
PV Labs Receives Investment from Lockheed Martin in Fifth-Generation Advanced Stabilization Technology
The F-35 Joint Program Office awarded the Lockheed Martin (NYSE: LMT) industry team a $1.9 billion contract to support operations and sustainment of the global F-35 fleet, while improving mission readiness and further reducing costs.
Lockheed Martin (NYSE: LMT) delivered the 134th F-35 aircraft for the year today, exceeding the joint government and industry 2019 delivery goal of 131 aircraft.
Lockheed Martin (NYSE: LMT) hosted Shaikh Abdullah bin Rashed Al Khalifa, ambassador of the Kingdom of Bahrain to the United States, at the company's F-16 production line, where production is underway on the first F-16 Block 70 ‒ for the Royal Bahraini Air Force.
Littoral Combat Ship (LCS) 19, the future USS St. Louis, completed Acceptance Trials in Lake Michigan. Now that trials are complete, the ship will undergo final outfitting and fine-tuning before delivery. LCS 19 is the tenth Freedom-variant LCS designed and built by the Lockheed Martin (NYSE: LMT)-led industry team and is slated for delivery to the Navy early next year.
Lockheed Martin (NYSE: LMT) successfully tested its next-generation long-range missile designed for the U.S. Army's Precision Strike Missile (PrSM) program at White Sands Missile Range, New Mexico. All test objectives were achieved.
The LM-100J is the civil-certified version of the military C-130J Super Hercules MARIETTA, Ga., Nov. 18, 2019 /PRNewswire/ -- The Lockheed Martin (NYSE: LMT) LM-100J commercial freighter received its type ...
Lockheed Martin's Solid State Radar has been designated as AN/SPY-7(V)1 by the United States government. SPY-7 and Aegis Ashore will defend against ballistic missile threats and provide continuous protection ...
FORT WORTH, Texas, Nov. 14, 2019 /PRNewswire/ -- For the fourth consecutive year, Lockheed Martin (LMT) honors brave men and women who keep our nation safe by sponsoring the Fighting Spirit Scholarship – a scholarship program that provides wounded veterans opportunities to experience flying, sailing and competitive exercise through three nonprofit organizations: Able Flight, Adaptive Training Foundation and Warrior Sailing. The award recipients for the 2019 Fighting Spirit Scholarship are: retired Army Sgt. Steven Curry, U.S. Marine Lance Cpl.
USAF Thunderbirds Headline Event ORLANDO, Fla. , Nov. 8, 2019 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) announces a Terminal High Altitude Area Defense (THAAD) weapon system and C-5M Super Galaxy aircraft ...
DALLAS , Nov. 7, 2019 /PRNewswire/ -- Two Lockheed Martin (NYSE: LMT) PAC-3 Cost Reduction Initiative (CRI) interceptors successfully intercepted two tactical ballistic missile targets today in a test ...
FORT SILL, Okla., Nov. 7, 2019 /PRNewswire/ -- Lockheed Martin (LMT) recently demonstrated their laser weapon system for the U.S. Air Force at a government test range at Fort Sill, Oklahoma, where the system successfully engaged and shot down multiple fixed wing and rotary drones. The radar track was provided to airmen who operated ATHENA via cues from the C2, then ATHENA's beam director slewed, acquired, tracked and defeated the drone with a high-energy laser. Validating this type of full kill-chain performance has been a priority of the U.S. Air Force and other branches of the Department of Defense, and it remains a requirement for laser weapons to be effective against unmanned aerial systems (UAS) on the battlefield.
PALMDALE, Calif., Nov. 7, 2019 /PRNewswire/ -- Lockheed Martin (LMT) and the Ronald Reagan Presidential Foundation and Institute are partnering on a permanent static display for the F-117 Nighthawk that bears the nickname "Unexpected Guest." The display will be debuted at a ribbon cutting ceremony during the Reagan National Defense Forum on Dec. 7. The joint project referred to as "Operation Nighthawk Landing" was made possible by a permanent loan to the Reagan Foundation from the National Museum of the U.S. Air Force. To support the Air Force in their loan, the Lockheed Martin Skunk Works® is restoring the aircraft in preparation for its permanent exhibition at the Reagan Library.
The F-35A is now below $80 million ; lower cost than legacy aircraft FORT WORTH, Texas , Oct. 29, 2019 /PRNewswire/ -- The F-35 Joint Program Office and Lockheed Martin (NYSE: LMT) finalized a $34 billion ...
LCS 17 commissioned in Burns Harbor, Indiana BURNS HARBOR, Ind. , Oct. 26, 2019 /PRNewswire/ -- The U.S. Navy commissioned Littoral Combat Ship (LCS) 17, USS Indianapolis – the nation's ninth Freedom-variant ...
BETHESDA, Md. , Oct. 25, 2019 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) announced today that its board of directors has elected Debra Reed-Klages to the board effective November 1, 2019 . "Debra ...
BETHESDA, Md., Oct. 23, 2019 /PRNewswire/ -- Lockheed Martin (LMT) and TRC Companies ("TRC") announced today a definitive agreement in which TRC will acquire Lockheed Martin Energy's Distributed Energy Solutions group. The sale is part of Lockheed Martin Energy's strategy to focus on products and technology for the energy marketplace and the Department of Defense. Lockheed Martin Energy is a line of business within Lockheed Martin focused on delivering targeted, flexible, affordable and effective energy products to customers all over the world.