|Bid||290.54 x 100|
|Ask||290.59 x 100|
|Day's Range||286.58 - 290.77|
|52 Week Range||228.50 - 292.97|
|PE Ratio (TTM)||16.81|
|Earnings Date||Oct 23, 2017 - Oct 27, 2017|
|Dividend & Yield||7.28 (2.51%)|
|1y Target Est||304.63|
LMT stock inched just over 1% higher the day after the report, but it started giving up some of those gains. After all, LMT stock is up 15% year-to-date and 20% since Trump got elected in November 2016. There really isn’t anything on the near-term horizon that will act as a major catalyst for Lockheed Martin.
BRISBANE, Australia, July 27, 2017 /PRNewswire/ -- In a ground-breaking new deal, Kaan Air Australia, Sikorsky, a Lockheed Martin (LMT) company, and StarFlight Australia, have signed an agreement worth up to AUD $63 million to bring 10 Sikorsky UH-60 Black Hawk helicopters into Australia, with options for an additional 10 aircraft. In a world-first refurbishment program to be undertaken in Brisbane, the agreement will see the purchase of 10 ex-US military Black Hawks, to be imported into Australia early next year.
Lockheed Martin's missile activity is not slowing down as the company landed another multimillion-dollar deal with a chunk of the work taking place locally. The Bethesda, Md.-based company's Space Systems division in Sunnyvale, Calif., won a $51 million contract with the U.S. Navy for Trident II D5 Fleet Ballistic Missile production on July 26. While most of the work will take place in California, Cape Canaveral — where Lockheed Martin also has a base for the missiles program — will take a large portion, as well.