|Bid||286.80 x 900|
|Ask||287.70 x 3200|
|Day's Range||286.62 - 291.24|
|52 Week Range||277.20 - 363.00|
|Beta (3Y Monthly)||1.13|
|PE Ratio (TTM)||26.77|
|Earnings Date||Jan 28, 2019 - Feb 1, 2019|
|Forward Dividend & Yield||8.80 (3.01%)|
|1y Target Est||371.50|
After months of delays, the U.S. Air Force is about to launch the first of a new generation of GPS satellites, designed to be more accurate, secure and versatile. It's the first of 32 planned GPS III satellites that will replace older ones now in orbit. Lockheed Martin is building the new satellites outside Denver.
MARINETTE, Wis., Dec. 15, 2018 /PRNewswire/ -- The Lockheed Martin (LMT)-led shipbuilding team launched Littoral Combat Ship (LCS) 19, the future USS St. Louis into the Menominee River at the Fincantieri Marinette Marine Shipyard. Ship sponsor Barbara Broadhurst Taylor, the daughter of a decorated World War II aviator, christened LCS 19 just prior to launch. "LCS 19 is the second ship we've christened and launched this year.
General Dynamics' (GD) Mission Systems 13.3% year-over-year sales increase substantially contributes to the company's total revenues for third quarter 2018.
Unlike most of the rocket firm's launches, the booster will not make an attempt to land. Here's why.
From combat aircraft to ships, Middle Eastern countries are the biggest buyers of U.S. military equipment. Between 2013 and 2017, the Middle East accounted for 49 percent of U.S. arms exports, according to a report by the Stockholm International Peace Research Institute. Saudi Arabia is America's No. 1 overall weapons buyer.
Aerojet Rocketdyne's (AJRD) total backlog at the end of the third quarter was $3.7 billion, which came slightly lower than $3.9 billion at the end of second quarter.
BRATISLAVA, Slovakia (AP) — Slovakia is to buy 14 F-16 military jets from Lockheed Martin as it seeks to replace Soviet-era jets.
Wesco Aircraft (WAIR) has witnessed a significant price decline in the past four weeks, and is seeing negative earnings estimate revisions as well.
Lockheed Martin's (LMT) CH-53K helicopter is effective for handling missions like humanitarian aid, troop transport, casualty evacuation and support of special operations forces.
The problem doesn’t seem to be earnings, outlook, valuation or an outbreak of world peace. That could mean its time to buy stocks like Lockheed Martin and Raytheon.
Advanced new satellite design to help the U.S. Air Force modernize the GPS constellation TITUSVILLE, Fla. , Dec. 11, 2018 /PRNewswire/ -- The U.S. Air Force's first Lockheed Martin (NYSE: LMT)-built GPS ...
Northrop Grumman (NOC) will offer long-lead parts and associated support to the full-rate production of two E-2D Advanced Hawkeye aircraft.
Gains for the sector were fueled by a report that President Trump has asked the Pentagon to raise its budget proposal for fiscal 2020.
Upgraded Aegis Baseline 9.B2.0 (BMD 5.1) includes an Integrated Air and Missile Defense (IAMD) capability to protect NATO Europe KAUAI, Hawaii , Dec. 11, 2018 /PRNewswire/ -- PACIFIC MISSILE RANGE FACILITY ...
To shake things up, the parent company, Precision Aerospace Products LLC, hired Buddy Tobin to run C&S and moved the company from Covina, Calif., to Texas. After looking at sites in Waco and Arlington, the company decided on a location in Fort Worth, and leadership got to work turning the company around. "We worked to rebrand and get the word out that we were a standalone business," said Tobin, vice president and general manager of C&S Propeller.
He's been a key lieutenant to CEO Marillyn Hewson through a series of notable acquisitions, divestitures and business wins at the Bethesda-based defense giant.
(Reuters) - U.S. defense contractor Lockheed Martin Corp (LMT.N) on Monday named Kenneth Possenriede chief financial officer, replacing Bruce Tanner. Tanner plans to retire in mid-2019 and Possenriede ...
U.S. defense contractor Lockheed Martin Corp on Monday named Kenneth Possenriede chief financial officer, replacing Bruce Tanner. Tanner plans to retire in mid-2019 and Possenriede is expected take on ...
Lockheed Martin Corp. said late Monday its board of directors has approved the appointment of Kenneth R. Possenriede as the aerospace and defense company's executive vice president and chief financial officer, replacing Bruce L. Tanner. Tanner plans to retire in mid-2019, and Possenriede's appointment is effective Feb. 11, Lockheed Martin said. Possenriede is currently vice president of finance and program management at the company's Aeronautics unit. Lockheed Martin shares were flat in the extended session after ending the regular trading day up 4.6%.
BETHESDA, Md., Dec. 10, 2018 /PRNewswire/ -- Lockheed Martin's board of directors has approved the appointment of Kenneth R. Possenriede, 58, as executive vice president and chief financial officer, succeeding Bruce L. Tanner, who intends to retire in mid-2019. Possenriede's appointment is effective Feb. 11, 2019. "I'd like to thank Bruce for his significant contributions to our corporation's success throughout his impressive 37-year career," said Marillyn Hewson, Lockheed Martin chairman, president and CEO.
The group of defense stocks is one of the only bright spots in a widespread market sell-off. Politico reported that President Donald Trump is asking for a $750 billion defense budget in fiscal 2020. The president has swung back-and-forth on the issue of defense spending.