LMT - Lockheed Martin Corporation
| Previous Close | 336.49 |
| Open | 336.68 |
| Bid | 327.49 x 100 |
| Ask | 334.62 x 100 |
| Day's Range | 320.56 - 337.15 |
| 52 Week Range | 266.01 - 363.00 |
| Volume | 3,030,826 |
| Avg. Volume | 1,670,230 |
| Market Cap | 94.179B |
| Beta | 0.70 |
| PE Ratio (TTM) | 47.82 |
| EPS (TTM) | 6.89 |
| Earnings Date | Apr 23, 2018 - Apr 27, 2018 |
| Forward Dividend & Yield | 8.00 (2.43%) |
| Ex-Dividend Date | 2018-02-28 |
| 1y Target Est | 378.68 |
- Reuters•10 hours ago
Big data aids Sikorsky in improving helicopter maintenance
Big data analytics are helping Lockheed Martin Corp's (LMT.N) helicopter unit improve the maintenance of its aircraft and cut costs by identifying patterns that might have otherwise gone unnoticed, Sikorsky President Dan Schultz said on Wednesday. For instance, the company redesigned a wrench after a data-driven analysis of repairs on the CH-53E heavy-lift helicopter revealed that mechanics were damaging the swash plate part of the rotor if they slipped while tightening bolts. Sikorsky's new CH-53K King Stallion made its international flying debut at the air show on Wednesday, undeterred by a sudden rainstorm, and will perform a more ambitious flying programme on Thursday.
- TheStreet.com•11 hours ago
Jim Cramer: Now That's How You Put on a Conference Call
Boeing and Norfolk Southern's tour de force calls were in stark contrast to Tuesday's disasters.
- PR Newswire•11 hours ago
Lockheed Martin Declares Second Quarter 2018 Dividend
BETHESDA, Md. , April 25, 2018 /PRNewswire/ -- The Lockheed Martin Corporation board of directors has authorized a second quarter 2018 dividend of $2.00 per share. The dividend is payable on ...
- Reuters•12 hours ago
Big data aids Sikorsky in improving helicopter maintenance
Big data analytics are helping Lockheed Martin Corp's (LMT.N) helicopter unit improve the maintenance of its aircraft and cut costs by identifying patterns that might have otherwise gone unnoticed, Sikorsky President Dan Schultz said on Wednesday. For instance, the company redesigned a wrench after a data-driven analysis of repairs on the CH-53E heavy-lift helicopter revealed that mechanics were damaging the swash plate part of the rotor if they slipped while tightening bolts.
- American City Business Journals•12 hours ago
Northrop Grumman again shows it’s not afraid to go the no-bid route
“We believe that applying strict assessment criteria in selecting our business pursuits is critical to long-term, sustained performance,” COO Kathy Warden says during the company's first-quarter earnings call.
- Investor's Business Daily•13 hours ago
Northrop Grumman Drops Out Of Another Big Contract Race
Northrop Grumman reported first-quarter earnings and revenue above Wall Street estimates Wednesday but kept cash flow and sales guidance flat. General Dynamics beat on earnings and met revenue views.
- Reuters•14 hours ago
United States to lower foreign arms sales surcharge - DSCA director
The U.S. government will reduce its administrative surcharge on foreign arms sales to 3.2 percent from 3.5 percent from June as part of a broader effort to make U.S. weapons more competitive internationally, a top U.S. official told Reuters on Wednesday. U.S. Lieutenant General Charles Hooper, director of the Defense Security Cooperation Agency, announced the change during an interview at the ILA Berlin Air Show, where Lockheed Martin Corp (LMT.N), Boeing Co (BA.N) and U.S. companies are showcasing helicopters, fighter jets and other military equipment. "This rate reduction will immediately reduce the cost of new business for our international partners," said Hooper, whose agency facilitates all foreign military sales.
- American City Business Journals•14 hours ago
Spirit AeroSystems notches another helicopter delivery for Lockheed Martin Sikorsky
Spirit says work is now under way on the next fuselage for the CH-53K King Stallion program, which will be delivered later this year as Lockheed progresses on getting the new heavy-lift helicopter in the hands of the U.S. Marine Corps.
- Reuters•14 hours ago
United States to lower foreign arms sales surcharge - DSCA director
The U.S. government will reduce its administrative surcharge on foreign arms sales to 3.2 percent from 3.5 percent from June as part of a broader effort to make U.S. weapons more competitive internationally, a top U.S. official told Reuters on Wednesday. U.S. Lieutenant General Charles Hooper, director of the Defense Security Cooperation Agency, announced the change during an interview at the ILA Berlin Air Show, where Lockheed Martin Corp, Boeing Co and U.S. companies are showcasing helicopters, fighter jets and other military equipment. "This rate reduction will immediately reduce the cost of new business for our international partners," said Hooper, whose agency facilitates all foreign military sales.
- Reuters•17 hours ago
Lockheed, MBDA eye German missile defence contract by year-end
U.S. arms maker Lockheed Martin Corp (LMT.N) and Europe's MBDA hope to finalise a contract with the German government by the end of the year for a new air and missile defence system worth billions of euros, a top Lockheed executive said on Wednesday. MBDA's German unit and Lockheed formed a 60-40 joint venture in March to press ahead with the new TLVS defence system after years of negotiations with the German defence ministry.
- Zacks•18 hours ago
General Dynamics (GD) Tops on Q1 Earnings, Revenues Lag
General Dynamics' (GD) first-quarter earnings were better than expectations, thanks to solid contribution from most of its reportable segments.
- Investing.com•21 hours ago
Top 5 Things to Know in the Market on Wednesday
Investing.com - Here are the top five things you need to know in financial markets on Wednesday, April 25:
- American City Business Journals•22 hours ago
Marillyn Hewson, David Rubenstein among attendees at White House state dinner
The local business set was on display Tuesday as the Trumps honored French President Emmanuel Macron and his wife, Brigitte.
- ACCESSWIRE•22 hours ago
Today’s Research Reports on Stocks to Watch: Lockheed Martin and Boeing
NEW YORK, NY / ACCESSWIRE / April 25, 2018 / Lockhead Martin and Boeing both closed in the red on Tuesday. Boeing didn't have any news, but fell as traders waited eagerly for the company's quarterly report today. Lockheed Martin Corporation shares closed down 6.17% on Tuesday with nearly 3.8 million shares traded.
- Bloomberg•23 hours ago
Lockheed to Sweeten India Fighter Jet Bid With F-35 Technology
Lockheed Martin Corp. will provide latest combat jet technologies including a target tracking device aboard the F-16 aircraft that it plans to offer to India in its bid for the world’s largest order from ...
- Reuters•yesterday
Boeing adds German partners for heavy-lift helicopter battle
Boeing has teamed up with 10 German firms as part of its bid to win a 4 billion euro ($4.9 billion) heavy-lift helicopter contract from Berlin, the U.S. company said on Wednesday. Last week, U.S. rival Lockheed Martin Corp's Sikorsky said it had also linked up with more German firms as part of its attempt to land the deal. Foreign defence companies often offer work to local firms to try to win major government contracts.
- Bloomberg•yesterday
Lockheed’s $31 Billion Helicopter Slipping Behind Schedule, Pentagon Says
Lockheed Martin Corp.’s new $31 billion helicopter for the Marine Corps may be falling behind schedule and could miss its target for initial combat capability by as much as eight months, Pentagon analysts say. Defense Department officials are tracking more than 1,000 current or projected “mission-impacting technical issues” that present “a high risk” to the CH-53K helicopter meeting its December 2019 goal, according to a program review document. The Navy plans to buy 200 of the copters known as the King Stallion.
- CNBC•yesterday
Cramer: Be careful what you say – even red-hot earnings can’t hold up in this sell-off
CNBC's Jim Cramer says CEOs need to be careful. Cramer says it was a matter of company representatives saying the wrong thing at the wrong time. Wall Street analysts are anticipating a red-hot earnings season.
- Reuters•yesterday
US STOCKS-Wall St slides as high bond yields fan cost worries
Caterpillar, an industrial heavyweight, tumbled 6.20 percent after management said first-quarter earnings would be the "high water mark" for the year and warned of increasing steel prices, although the company beat earnings estimates due to strong global demand. The S&P 500 and the Dow fell the most in two-and-a-half weeks, and the Dow Jones Industrial Average was down for a fifth day in a row. The S&P 500 is down 1.5 percent year-to-date.
- CNBC•yesterday
Boeing could see a huge swing when it releases earnings Wednesday morning
Boeing had an ugly day of trading Tuesday. Wednesday could either be much better or much worse for the stock once the company reports earnings, according to the options market.
- Thomson Reuters StreetEvents•2 days ago
Edited Transcript of LMT earnings conference call or presentation 24-Apr-18 3:00pm GMT
Q1 2018 Lockheed Martin Corp Earnings Call
- Reuters•2 days ago
Lockheed lauds U.S. arms sales push, sees foreign sales rising
Top U.S. weapons maker Lockheed Martin Corp (LMT.N) welcomed a push by U.S. President Donald Trump to speed up approvals of arms sales, saying it would reassure allies who had been frustrated by bureaucratic delays in the past. The Trump administration last week rolled out an overhaul of U.S. arms export policy aimed at expanding sales to allies, saying it would bolster the American defence industry and create jobs at home.
Reuters•2 days agoLockheed lauds U.S. arms sales push, sees foreign sales rising
Top U.S. weapons maker Lockheed Martin Corp (LMT.N) welcomed a push by U.S. President Donald Trump to speed up approvals of arms sales, saying it would reassure allies who had been frustrated by bureaucratic delays in the past. The Trump administration last week rolled out an overhaul of U.S. arms export policy aimed at expanding sales to allies, saying it would bolster the American defense industry and create jobs at home. Rick Edwards, executive vice president of Lockheed Martin International, told Reuters the initiative should help speed up progress on foreign weapons sales that have already helped fuel his company's growth in recent years.
- Investor's Business Daily•2 days ago
Lockheed Holds Off On Raising This Forecast At A Really Bad Time
Lockheed Martin reported Q1 results above Wall Street estimates Tuesday but shares tumbled as investors were disappointed that the defense contractor didn't raise its cash-flow expectations.
- Reuters•2 days ago
Lockheed Martin shares fall as cash flow outlook disappoints
Lockheed reported a better-than-expected quarterly profit and raised its full-year forecast, helped in part by higher sales of its stealthy F-35 combat jets. The outlook for annual cash flow was the only major financial category that Lockheed did not revise higher. "There could be some modest disappointment that the cash guidance has not been raised, but it is early in the year and cash is trickier to predict," analyst Robert Stallard of Vertical Research said in a note.
