LMT - Lockheed Martin Corporation
| Previous Close | 328.00 |
| Open | 327.20 |
| Bid | 327.00 x 800 |
| Ask | 328.14 x 1100 |
| Day's Range | 326.06 - 330.04 |
| 52 Week Range | 291.52 - 363.00 |
| Volume | 1,101,192 |
| Avg. Volume | 1,236,055 |
| Market Cap | 93.448B |
| Beta (3Y Monthly) | 0.77 |
| PE Ratio (TTM) | 36.68 |
| EPS (TTM) | 8.95 |
| Earnings Date | Oct 23, 2018 |
| Forward Dividend & Yield | 8.80 (2.64%) |
| Ex-Dividend Date | 2018-11-30 |
| 1y Target Est | 381.39 |
- Yahoo Finance Video•2 days ago
The 20 Hottest Companies for Job Seekers: Indeed
It may be hard to find good help these days, but for some companies, they're a little more attractive to job seekers. Yahoo Finance's Alexis Christoforous, Sibile Marcellus, Julia La Roche and Scott Gamm discuss.
- MarketWatch•yesterday
Trump to meet defense and aerospace CEOs to talk supply chain: report
President Donald Trump on Friday is scheduled to meet the chief executives of Lockheed Martin Corp. , Boeing Co. , Northrop Grumman Corp. and General Dynamics Corp. to discuss their supply chains, according to a Reuters report that cited people familiar with the meeting plans. The meeting will take place at Luke Air Force Base in Arizona, and on the table is a discussion about ways the companies can source more parts and materials domestically, the report said. Trump is scheduled to be on a tour and participate in a roundtable at the base on Friday, according to the White House.
- Reuters•yesterday
Trump to meet heads of Boeing, Lockheed, Northrop at Arizona air base
U.S. President Donald Trump is scheduled to meet the chief executives of the biggest U.S. defense companies at Luke Air Force Base in Arizona on Friday to discuss how they can source more parts and materials domestically, people familiar with the meeting said on Friday. This is the second presidential meeting in as many weeks for executives from Lockheed Martin Corp (LMT.N), Boeing Co (BA.N), Northrop Grumman Corp (NOC.N) and General Dynamics Corp (GD.N) to discuss their supply chains, also referred to as their industrial base. During the roll out of the Defense Industrial Base Review on Oct. 5, executives from the four defense firms were invited to the Oval office for a meeting that turned into a 90 minute discussion with Trump, according to sources familiar with the meeting.
Reuters•yesterdayCanada gives Lockheed Martin first chance to bid on warships design
The Canadian government on Friday said Lockheed Martin Corp would be given first chance to bid on a contract to design 15 warships that will end up costing Canada around C$60 billion ($46 billion). The ministries of procurement and defense said Ottawa and Irving Shipbuilding, a Canadian firm which will actually build the vessels, had identified Lockheed Martin Canada as the "preferred bidder to provide the design and design team." The ministries said in a joint statement that Lockheed Martin would have to go through a due diligence process before a contract was awarded later this year. Last year, Defence Minister Harjit Sajjan said Canada would spend between C$56 billion and C$60 billion on 15 ships to be known as Canadian Surface Combatants.
Reuters•yesterdayCanada gives Lockheed Martin first chance to bid on warships design
The Canadian government on Friday said Lockheed Martin Corp (LMT.N) would be given first chance to bid on a contract to design 15 warships that will end up costing Canada around C$60 billion ($46 billion). The ministries said in a joint statement that Lockheed Martin would have to go through a due diligence process before a contract was awarded later this year. Last year, Defence Minister Harjit Sajjan said Canada would spend between C$56 billion and C$60 billion on 15 ships to be known as Canadian Surface Combatants.
- CNBC•yesterday
JP Morgan's Jamie Dimon makes his biggest bet on Silicon Valley with new 'fintech campus'
J.P. Morgan's Silicon Valley office in Palo Alto will house more than 1,000 employees. The building is being erected at Stanford Research Park on a plot of land that formerly housed Lockheed Martin. Palo Alto is among the most expensive real estate markets in the country, with asking rents three times the national average, according to JLL.
- American City Business Journals•yesterday
NASA aims to land payloads on Moon next year, signaling more local space activity
While the space agency may take a bit longer to send astronauts on a trip around the moon, it is working quickly to ship technology there.
- Reuters•yesterday
Belgium seen picking Lockheed F-35 over Eurofighter
Belgium is likely to decide which fighter jet to buy to replace its ageing F-16s by the end of this month, several sources have told Reuters, and industry experts expect it to pick Lockheed Martin's F-35 over the Eurofighter Typhoon. Washington extended the terms of the F-35 bid for 34 fighter jets by two weeks through Oct. 31 at Brussels' request, U.S. sources said, adding that any further delay would trigger changes in pricing. "The Belgian competition is the F-35's to lose," said Harry Breach, London-based analyst for Raymond James, noting that Belgium already flew the F-16 fighter, also built by Lockheed.
- The Wall Street Journal•2 days ago
[$$] U.S.-Saudi Defense Ties on Track to Weather Controversy
Controversy surrounding the suspected killing of journalist Jamal Khashoggi is unlikely to derail the multibillion-dollar relationship that makes Saudi Arabia a top customer of U.S. defense firms, said industry executives and analysts. The U.S. and Saudi Arabian governments have a long record of negotiating contracts that can take years to reach fruition. President Trump last year heralded nearly $110 billion in potential deals during a trip to Saudi Arabia in May 2017.
- Zacks•2 days ago
Lockheed Martin (LMT) Dips More Than Broader Markets: What You Should Know
In the latest trading session, Lockheed Martin (LMT) closed at $328.12, marking a -1.58% move from the previous day.
- American City Business Journals•2 days ago
Local rocket, spacecraft builders hiring 400+ workers
Following the U.S. Air Force's recent cluster of defense contracts, aerospace firms are hiring more local workers.
- American City Business Journals•2 days ago
1+1 = $16B: Harris Corp., L3 Technologies merger shakes up defense industry
There’s a new military defense powerhouse on the block expected to bring more work and high-wage jobs to the region, thanks to the marriage of Central Florida’s second-largest tech firm to another industry giant. Melbourne-based Harris Corp. (NYSE: HRS) and New York-based L3 Technologies Inc. (NYSE: LLL) on Oct. 14 announced plans to merge by mid-2019, creating the defense industry’s largest deal ever. The new merged company, L3 Harris Technologies Inc., will be based in Melbourne.
- Zacks•2 days ago
Lockheed Martin (LMT) to Report Q3 Earnings: What's in Store?
Strong contribution from segments, lower share count and ability to win consistent contracts will drive Lockheed Martin's (LMT) Q3 earnings.
Market Realist•3 days agoCan Honeywell Deliver Another Record Third Quarter?
Wall Street expects Honeywell (HON) to report revenue of $10.75 billion in Q3 2018, representing a 6.2% increase over Q3 2017 when it reported revenue of $10.12 billion. If it manages to meet expectations, it will achieve its highest third-quarter revenue ever, which would imply a CAGR (compound annual growth rate) of 2.2% for the third quarter since 2013. The continued demand for the solstice products is considered to be the major revenue driving factor in Honeywell’s third quarter.
- Zacks•3 days ago
Can Lockheed (LMT) Keep the Earnings Surprise Streak Alive?
Lockheed (LMT) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
- PR Newswire•4 days ago
New Lockheed Martin-Built Protected Communications Satellite Confirmed Online in Orbit Following Successful Launch
Fourth Satellite Will Complete Global Coverage for Advanced Extremely High Frequency Constellation CAPE CANAVERAL AIR FORCE STATION, Fla., Oct. 17, 2018 /PRNewswire/ -- The fourth Advanced Extremely High ...
- American City Business Journals•4 days ago
Lockheed’s ballistic missile defense system clears another hurdle
The system is the backbone of the Missile Defense Agency’s work protecting the U.S. from a ballistic missile attack and the centerpiece of a $784 million contract.
- American City Business Journals•4 days ago
ULA gears up for Atlas V launch; Northrop Grumman's Pegasus rocket up next
The second half of October will be filled with a couple of rocket launches from Florida's Space Coast. United Launch Alliance LLC will send up its Atlas V rocket from Cape Canaveral Air Force Station's Launch Complex 41 on Oct.
- Zacks•4 days ago
Lockheed Martin (LMT) Q3 Earnings Preview: What's in the Cards?
Lockheed (LMT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- PR Newswire•4 days ago
Lockheed Martin Announces Third Quarter 2018 Earnings Results Webcast
BETHESDA, Md. , Oct. 16, 2018 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) will webcast live its third quarter 2018 earnings results conference call on Tuesday, Oct. 23, 2018 , at 11:00 a.m. ET . Marillyn ...
- Zacks•4 days ago
The Zacks Analyst Blog Highlights: Amazon, Broadcom, Lockheed Martin, Procter & Gamble and American Electric
The Zacks Analyst Blog Highlights: Amazon, Broadcom, Lockheed Martin, Procter & Gamble and American Electric
- Zacks•5 days ago
Top Analyst Reports for Amazon, Broadcom & Lockheed Martin
Top Analyst Reports for Amazon, Broadcom & Lockheed Martin
- Bloomberg•5 days ago
Harris, L3 to Form $33.5 Billion Giant as Weapons Spending Rises
The defense contractors agreed to a merger that will form one of the industry’s largest players, a $33.5 billion behemoth to challenge weapons makers such as Raytheon Co. and Northrop Grumman Corp. With product lines spanning communications and electronics, the newly formed L3 Harris Technologies Inc. is poised to capitalize on military spending increases under U.S. President Donald Trump. “This looks to be a special transaction capable of catapulting both companies into the defense big league,” Carter Copeland, an analyst at Melius Research, said in a note Monday.
- Reuters•5 days ago
Most F-35 jets resume flights after engine inspections -Pentagon
More than 80 percent of Lockheed Martin Co-made F-35 fighter jets in the United States and around the world have cleared engine inspections and are now approved for flights, the Pentagon said on Monday. Last week, all U.S. and international F-35 fighter jets made by Lockheed Martin were grounded so that fuel tubes could be examined. The Pentagon said it is working closely with United Technologies Corp's Pratt & Whitney, the maker of the F-35's engine, to rapidly procure more parts to minimize the time it will take for remaining repairs.
- Zacks•5 days ago
4 Defense Stocks Worth Investing in Ahead of Q3 Earnings
Stocks in the Zacks Aerospace sector are expected to exhibit year-over-year earnings growth of 16.6% on 6.5% revenue growth in the third quarter
