|Bid||0.00 x 100|
|Ask||0.00 x 100|
|Day's Range||299.86 - 304.62|
|52 Week Range||283.21 - 363.00|
|Beta (3Y Monthly)||1.13|
|PE Ratio (TTM)||28.03|
|Earnings Date||Jan 28, 2019 - Feb 1, 2019|
|Forward Dividend & Yield||8.80 (2.81%)|
|1y Target Est||375.06|
NASA awarded a $250 million contract for a plane that could reach supersonic speeds without a sonic boom. Lockheed Martin responded with the X-59 Quiet Supersonic Technology aircraft.
ANNAPOLIS, Md., Nov. 17, 2018 /PRNewswire/ -- The U.S. Navy commissioned USS Sioux City (LCS 11) – the nation's sixth Freedom-variant Littoral Combat Ship (LCS) – at the United States Naval Academy today. This milestone places the ship, built by Lockheed Martin (LMT), into active service.
Zacks.com featured highlights include: Twitter, Lockheed Martin, Intercontinental Exchange, CBRE and Keurig Dr Pepper
- NASA's OSIRIS-REx spacecraft completes critical engineering maneuver campaign to test out sample return mechanism - developed by Lockheed Martin. DENVER , Nov. 16, 2018 /PRNewswire/ -- TAGSAM, or Touch-and-Go ...
Lockheed Martin's experimental supersonic plane has officially entered production, the defense giant announced Friday. NASA will flight-test the experimental QueSST aircraft by the end of 2021. Earlier this year, NASA awarded Lockheed a contract worth nearly $250 million to develop an aircraft capable of reaching supersonic speed without creating the deafening sonic boom that comes with breaking the sound barrier.
X-59 QueSST Demonstrator Manufacturing Begins PALMDALE, Calif. , Nov. 16, 2018 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) Skunk Works ® began manufacturing the first part for the X-59 Quiet Supersonic ...
Lockheed Martin's (LMT) MH-60R is equipped for a range of missions, which include anti-submarine warfare, anti-surface warfare, personnel transfer and vertical replenishment.
BERLIN/WASHINGTON, Nov 15 (Reuters) - The U.S. Defense Department has delivered a report to Congress detailing implications of Turkey receiving 100 F-35 fighter jets, five people familiar with the report said, removing a key hurdle to concluding the deal. Turkey's planned purchase of the Russian-made S-400 missile defense system has raised concerns in the West, since it could be used to give Moscow deep insight into the vulnerabilities of the most advanced U.S. warplane at a time of tension between the two powers, experts have said. Ellen Lord, the Pentagon's chief arms buyer, told Reuters in an interview that Turkey's plans to buy the S-400 system were "extremely problematical" and numerous U.S. officials had discussed the issue with Ankara, but there were no signs that Turkey had changed its mind about buying the Russian system.
More stealth fighter jet orders are flying in for Lockheed Martin Corp., and it appears well timed, since the company is on a hiring frenzy in Orlando. The U.S. Navy awarded the global defense giant (NYSE: LMT) a $22.
Experts say a merger trend is forming as more defense firms look to get big quick in order to grab more work.
The proposed U.S. Space Force, a new military service backed by President Donald Trump, could have an initial budget of less than $5 billion, the deputy defense secretary said on Thursday. The U.S. Air Force estimated start up costs for a proposed U.S. Space Force will be around $13 billion in the first five years. The Air Force is the U.S. military branch that currently has responsibility for space.
BETHESDA, Md., Nov. 15, 2018 /PRNewswire/ -- Lockheed Martin (LMT) today launched a science, technology, engineering and math (STEM) scholarship program for high school and college undergraduate students planning to pursue a major in engineering and computer science. Beginning in 2019, the Lockheed Martin STEM Scholarship program will award a $10,000 annual scholarship to 200 recipients who demonstrate financial need and come from underrepresented or underserved communities. "We are looking for students who are creative and innovative – skills that are necessary for success in today's high-tech economy," said Patricia L. Lewis, Lockheed Martin senior vice president of Human Resources.
Here are some of the companies with shares expected to trade actively in Thursday’s session. Stock movements noted by ticker reflect movements during regular trading hours; premarket trading is specified separately.
Lockheed Martin's (LMT) F-35 aircraft is being used by the defense forces of the United States and 11 other nations, largely due to its advanced stealth and powerful integrated sensors capabilities.
Lockheed Martin received a $22.7 billion preliminary deal to make hundreds of F-35s and most of the work is coming to the company's Fort Worth facility, the U.S. Department of Defense said Wednesday. The deal comes in the form of what's called an Undefinitized Contract Action, or UCA. Lockheed Martin Corp. (NYSE: LMT) will receive $6 billion of the award immediately.
Corp. has been awarded a roughly $22.7 billion contract from the U.S. Department of Defense to deliver 255 F-35 jets, a move that comes after the defense contractor was tasked with lowering the price of its planes. The contract calls for Lockheed to deliver 106 combat jets for U.S. military use and the remaining planes for nonmilitary use and foreign military customers. Lockheed, the world’s largest defense contractor, is expected to complete the contract by March of 2023, according to the Defense Department.
Lockheed Martin Corp (LMT.N) has won a preliminary contract valued at up to $22.7 billion to build a batch of 255 F-35 jets for the U.S. military and its allies, the U.S. Defense Department said on Wednesday. The department said the deal would allow Lockheed to receive $6 billion in funding immediately, a move aimed at preventing major delays in production of the new stealthy fighter jets. This contract is the first to lock in multiyear commitments from U.S. allies as Lockheed anticipates that buying components in larger quantities will help move the price of the most common F-35 jet to below $80 million by 2020.
Orange County commissioners on Nov. 13 approved a $5.2 million incentive agreement for Lockheed Martin to create 750 high-wage jobs here. Here's how that deal will impact the community.
At least 13 countries have expressed interest in buying a Russian missile system, despite the potential for triggering U.S. sanctions, according to people with first-hand knowledge of a U.S. intelligence assessment. One of the people said that Saudi Arabia, Qatar, Algeria, Morocco, Egypt, Vietnam, and Iraq have all discussed buying the S-400 missile system from Russia. The U.S. expects a handful of countries will fold under diplomatic pressure.
, which is backed by shipping group Maersk and Switzerland-based miner Glencore, plans to suck up thousands of tonnes of the nodules from the sea floor using harvesting vehicles, and send them up a pipe to a ship to be sorted. Mining in the deep sea (defined as below 200m) can avoid the problems of land mining, he says, such as deforestation, pollution and child labour, although critics say it produces a whole new raft of problems.
The short presentation by the firm about why this plan should be approved included the fact that the defense industry generates $4.3 billion worth of economic impact in Florida.
NATO is developing new hi-tech tools, such as the ability to 3D-print parts for weapons and deliver them by drone, as it scrambles to retain a competitive edge over Russia, China and other would-be battlefield adversaries. General Andre Lanata, who took over as head of the NATO transformation command in September, told a conference in Berlin that his command demonstrated over 21 "disruptive" projects during military exercises in Norway this month.
OTTAWA , Nov. 13, 2018 /CNW/ - Lockheed Martin (LMT) today announced that its recently launched AlphaPilot Innovation Challenge is officially live through the HeroX platform and ready to formally accept applications both in the United States and globally. AlphaPilot was launched earlier this year by Lockheed Martin Chief Technology Officer Keoki Jackson through a partnership with The Drone Racing League (DRL), the global professional circuit for drone racing.