LMT - Lockheed Martin Corporation
| Previous Close | 386.63 |
| Open | 387.77 |
| Bid | 384.06 x 800 |
| Ask | 385.77 x 1000 |
| Day's Range | 383.60 - 387.77 |
| 52 Week Range | 241.18 - 393.43 |
| Volume | 868,399 |
| Avg. Volume | 1,056,671 |
| Market Cap | 108.684B |
| Beta (3Y Monthly) | 1.18 |
| PE Ratio (TTM) | 18.76 |
| EPS (TTM) | 20.52 |
| Earnings Date | Oct 21, 2019 - Oct 25, 2019 |
| Forward Dividend & Yield | 8.80 (2.28%) |
| Ex-Dividend Date | 2019-08-30 |
| 1y Target Est | 395.53 |
- American City Business Journals
Lockheed Martin wins $40M add-on to Apache helicopter contract
The U.S. Department of Defense has awarded Lockheed Martin's Orlando operations a $40 million modification to an existing contract. Bethesda, Maryland-based Lockheed Martin Corp. (NYSE: LMT) will provide the U.S. Army with modernized turret kits for Apache attack helicopters. It is not yet determined where the work will be done, but the contract was awarded to Lockheed's Orlando operations.
- Zacks
Raytheon-Lockheed JV Wins $186M Deal to Build Javelin Missiles
Raytheon (RTN) and Lockheed Martin's (LMT) joint venture secures a contract to build a Javelin Weapon System.
- Zacks
Why Lockheed Martin (LMT) is a Top Dividend Stock for Your Portfolio
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Lockheed Martin (LMT) have what it takes? Let's find out.
- American City Business Journals
2019 BusinessWoman of the Year honoree: Nancy Crews
Nancy Crews, president and CEO of Custom Manufacturing and Engineering in Pinellas Park, took her love of science and exploration and made a career out of it. Crews worked at Eastman Kodak for 17 years in a variety of managerial positions, and later went on to work for Lockheed Martin in specialty components.
- Investor's Business Daily
Army Secretary Nominee Calls This The No. 1 Investment Priority
Hypersonic weapons are at the top of the Army's weapons procurement agenda, Ryan McCarthy said during his Senate confirmation hearing to be the next Army secretary.
- American City Business Journals
Poland approved to buy $6.5B worth of F-35s built in Fort Worth
Lockheed Martin could add another international customer to its F-35 program with Poland's approval from the U.S. government.
- American City Business Journals
US aerospace player eyes British Columbia for 10,000-worker facility
Boeing, which is developing plans for a New Mid-market Airplane, declined comment. Boom Supersonic, picking a site now, did not immediately respond to a request for comment.
- American City Business Journals
Help wanted: These top Orlando tech firms have 1,500+ open jobs
There are more than 1,500 open positions at Central Florida's largest technology companies, including high-paying jobs such as electrical engineer and software developer.
- American City Business Journals
Defense contractor expects to hire hundreds for software and aerospace work in Colorado
Raytheon had healthy growth expectations for its satellite ground control and software office in Aurora, but the expectations weren’t high enough. Defense budgets and the company’s expansion in satellite-related software development likely makes the Waltham, Massachusetts-based company’s previous projection of adding up to 300 jobs in Aurora conservative. “Honestly, I think that’s a little on the low end,” said David Wajsgras, president of the Raytheon IIS division of which the Aurora office is part.
- Zacks
Boeing (BA) Secures Navy Deal to Support P-8A Jet Program
Boeing (BA) wins deal to procure P-8A aircrew training system production concurrency upgrades.
- Zacks
Lockheed Martin (LMT) Gains But Lags Market: What You Should Know
In the latest trading session, Lockheed Martin (LMT) closed at $381.52, marking a +0.05% move from the previous day.
- Investor's Business Daily
This Eastern European Ally Gets Closer To Replacing Russian MiGs With F-35s
The State Department approved the sale of Lockheed Martin F-35s to NATO ally Poland as Warsaw continues its $49 billion modernization effort.
- InvestorPlace
When Does Patience Run Out for Boeing Stock?
Investors have given Boeing (NYSE:BA) stock a long leash. Boeing stock has traded mostly sideways since March, despite the fact that news over that stretch hasn't seemed particularly positive.Source: Alex JW Robinson / Shutterstock.com Of course, Boeing stock fell sharply after the second 737 MAX crash in March. Since then, the company hasn't given investors much to be excited about.Boeing Co took a $5 billion charge with Q2 earnings. Management targets for the return of the 737 MAX to service seem hugely optimistic, and the 777X faces potential delays as well. The defense side of the business has come under criticism for performance under a key Air Force contract.InvestorPlace - Stock Market News, Stock Advice & Trading TipsAnd yet investors have shrugged off those worries. A brief dip in August reversed quickly. Wall Street remains reasonably supportive, with an average price target of $411 suggesting 12% upside.The willingness of investors and analysts to support Boeing Co stock does make some sense. As I wrote last month, Boeing Co probably gets back to earnings growth at some point. But it seemed then like investor patience with BA stock was starting to give way, and if Boeing keeps missing its targets, it may do so again. MAX Delays Hit Deliveries for Boeing CoAs noted, the grounding of the MAX fleet hit Q2 earnings -- and will continue to hit profits going forward. Boeing announced on Tuesday that it had delivered just 18 aircraft in August, less than 30% of what it did the year before. * 10 Battered Tech Stocks to Buy Now To be sure, that figure isn't necessarily surprising, though year-to-date deliveries are lagging analyst expectations. But deliveries aren't the only issue. As detailed on the Q2 conference call, Boeing is still producing 42 737s a month, even with the MAX fleet grounded. And CEO Dennis Muilenberg said on that call that if the MAX didn't return to service by the end of the year, production potentially could be suspended.Increasingly, that looks like it will be the case. Southwest Airlines (NYSE:LUV) has canceled MAX flights into 2020. American Airlines Group (NYSE:AAL) has pulled the MAX from its schedule through December. E.U. regulators are insisting on their own test flight.Meanwhile, Boeing still hasn't updated its prediction from the Q2 call for a return to service early in the fourth quarter. That doesn't inspire confidence. If the MAX slips into 2020, it will cost the company billions in dollars in airline reimbursements, storage fees and incremental production costs. It may also cost Boeing Co the confidence of investors. The 777X, the KC-46 and BA StockWhat is frustrating about BA stock at the moment is that the 737 MAX isn't the only issue. The 777X is facing delays as well. Issues with engines produced by General Electric (NYSE:GE) admittedly are the key problem. But Boeing had a failure with a so-called "load test" this week, which could further push its release into 2020.On the defense side, the company's KC-46 aerial refueling tanker continues to struggle. Debris continues to be left on planes, leading to increased inspections and delayed deliveries. Acting Secretary of the Air Force Matthew Donovan said this summer that Boeing Co management had referred to the issues as "embarrassing". * 7 Upcoming IPOs for September The problems, which truly come down to execution, color Boeing's ability to get future U.S. military contracts. With intense competition from the likes of Lockheed Martin (NYSE:LMT), the KC-46 only seems to add to the worries here. The Case for, and Against, Boeing StockBut, again, investors have largely shrugged off all of those concerns over the last six months. And there's one reason why: as an analyst put it earlier this year, Boeing is almost too big to fail.After all, worldwide demand for air travel is only going to rise going forward amid the rise of the middle class in developing nations. Backlogs at both Boeing and rival Airbus (OTCMKTS:EADSY) extend into the 2030s. And there simply is no competition, even though China is trying to break that duopoly.But even in the context of a roughly $200 billion market cap, a few billion dollars in penalties, fines and costs matter. So does pushing revenue -- and profits -- out a few quarters or a few years. Even if Boeing can avoid the worst-case scenario -- a permanent grounding of the MAX -- the costs are piling up. At some point, that's going to matter.As of this writing, Vince Martin did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Stocks to Sell in Market-Cursed September * 7 of the Worst IPO Stocks in 2019 * 7 Best Stocks That Crushed It This Earnings Season The post When Does Patience Run Out for Boeing Stock? appeared first on InvestorPlace.
- Reuters
UPDATE 1-U.S. backs proposed $6.5 bln sale of 32 F-35 Lockheed jets to Poland
The U.S. State Department said on Wednesday it had approved a proposed sale of 32 Lockheed Martin Corp F-35 fighter jets worth $6.5 billion to Poland. In April, the Pentagon told Congress it was considering selling the jets to the European nation, a NATO member, as well as Greece, Romania, Spain and Singapore. The sale would boost Poland's contributions to NATO and reduce the country's dependence on Russian equipment, a State Department official said in a statement.
- Zacks
Lockheed Martin Wins $41M Deal to Support Apache Helicopter
Lockheed Martin (LMT) to supply Modernized Turret kits for the Apache attack helicopter.
- American City Business Journals
Lockheed Martin secures $14.9M addition to Orlando defense contract
Bethesda, Maryland-based Lockheed Martin has more than 5,000 workers at its Missiles & Fire Control campus in Orlando and remains the region's largest technology company.
- PR Newswire
Joint venture team remotely launches Javelin missiles from unmanned vehicle
Platform firings reduce soldier exposure REDSTONE ARSENAL, Ala. , Sept. 10, 2019 /PRNewswire/ -- The Javelin™ Joint Venture team, a partnership of Raytheon Company (NYSE: RTN) and Lockheed Martin (NYSE: ...
- Zacks
Lockheed Martin Wins $266M Deal to Aid F-35 Aircraft Program
Lockheed (LMT) secures deal to supply special tooling and special test equipment for supporting the F-35 Lightning II aircraft program.
- Zacks
WAIR or LMT: Which Is the Better Value Stock Right Now?
WAIR vs. LMT: Which Stock Is the Better Value Option?
- Simply Wall St.
Does Lockheed Martin Corporation's (NYSE:LMT) P/E Ratio Signal A Buying Opportunity?
This article is written for those who want to get better at using price to earnings ratios (P/E ratios). We'll look at...
- Investor's Business Daily
This Stealthy New Missile Just Reached One Of The World's Hottest Flash Points
The Navy has deployed a new stealth missile from Raytheon to the Pacific, where territorial disputes have escalated regional tensions.
- Investor's Business Daily
New Buys By Best Mutual Funds: Payment Processing, Defense, Retail Stocks Lead Charge
In addition to Twitter, Microsoft and Paycom, the best mutual funds are investing heavily in Visa, Mastercard, Global Payments, PayPal and Paysign.
- Zacks
Lockheed (LMT) Wins $50M-Aegis Weapon System Support Deal
Lockheed (LMT) will provide ship integration and test of the Aegis Weapon System (AWS) for AWS Baselines through Advanced Capability Build 16.
- TheStreet.com
China and Tariffs, Oil Patch Stocks, Lockheed Martin a Winner: Market Recon
About the upcoming U.S./China talks, call me skeptical, but I trade the environment, and not my starchy views on what is versus what should be.
