|Bid||342.1000 x 1000|
|Ask||342.2800 x 1000|
|Day's Range||339.4801 - 342.6700|
|52 Week Range||291.5200 - 363.0000|
|PE Ratio (TTM)||38.29|
|Earnings Date||Oct 22, 2018 - Oct 26, 2018|
|Forward Dividend & Yield||8.00 (2.38%)|
|1y Target Est||377.11|
Elon Musk's space transportation company, Space X, is sending the world's first private passenger to fly around the moon. The company will announce who the lucky passenger is on Monday, September 17. Yahoo Finance's Seana Smith, Dion Rabouin, Jennifer Rogers and Ethan Wolff-Mann discuss.
Lockheed Martin's (LMT) GPS III Follow-On satellites will have three times better accuracy and up to eight times improved anti-jamming capabilities.
STRATFORD, Conn., Sept. 18, 2018 /PRNewswire/ -- Sikorsky, a Lockheed Martin company (LMT), announced today that final assembly of the first HH-60W Combat Rescue Helicopter Weapons System and Operational Flight Trainers is underway, supporting the smooth entry of the aircraft into the U.S. Air Force fleet in 2020. The Weapons System Trainer will be based at Kirtland Air Force Base, New Mexico, home of the formal HH-60W training unit. The Operational Flight Trainer will be at Moody Air Force Base, Georgia, site of the first operational unit.
DEEP DIVE Stock prices tend to be driven by increases in earnings. The federal income tax cuts that went into effect this year will no doubt boost profits and potentially share prices. But that party will surely end, after which it is reasonable to expect the aerospace and defense subsector to continue to outperform the broader market.
Melbourne-based global defense firm Harris Corp. is one of nine firms competing for services on a contract valued at a half-billion dollars.
Get Report) worth a potential $7.2 billion to produce as many as 22 additional GPS III satellites. This is an option-based contract that could be exercised in part or in whole, which would be in addition to the 10 satellites of this type that Lockheed is already producing for the Air Force.
Turkey is in the process of buying Russia's S-400 missile system and America's most expensive weapons system, the F-35 Joint Strike Fighter. The S-400 missile system, which is equipped with eight launchers and 32 missiles, is capable of targeting stealth warplanes like the F-35 jet. What's more, tensions between the U.S. and Ankara have intensified over the detention of American pastor Andrew Brunson.
The aerospace giant will continue military satellite building after Boeing and Northrop Grumman declined to compete for the work.
The F-35 program, being Lockheed Martin's (LMT) largest program, generated 27% of its total consolidated net sales in second-quarter 2018.
This is an option-based contract that could be exercised in part or in whole, which would be in addition to the 10 satellites of this type that Lockheed is already producing for the Air Force. This new satellite, which is not expected to take the field until 2026, will also emit a signal more compatible with satellites currently used by European nations. This aerospace dog and pony show kicks off today and will run through Wednesday at National Harbor, Maryland.
This is exactly what you are seeing across financial markets right now. Unsure whether they should be pricing in either the hopeful resolution to the various trade disputes the U.S. is currently engaged in -- particularly with China. Unsure still over the size and scope of the damage still being done to the Carolinas due to Hurricane Florence, and unsure of just how much upward pressure the Federal Reserve should be putting on interest rates in the wake of what were tremendously positive July revisions to both domestic Retail Sales and Industrial Production.
The Jefferson County-based aerospace giant will continue military satellite building after Boeing and Northrop Grumman declined to compete for the work.
DENVER (AP) — The U.S. Air Force says it is awarding Lockheed Martin a $7.2 billion contract to build 22 next-generation Global Positioning System satellites.
The U.S. Air Force said on Friday it had chosen Lockheed Martin (LMT.N) to build 22 next-generation Global Positioning System satellites worth up to $7.2 billion, part of a major effort to modernize the GPS constellation of satellites. The so-called GPS III follow-on satellites are expected to be available for launch into space beginning in 2026, the Air Force said. "The world is dependent on GPS, from getting directions to getting cash from an ATM machine or trading on the stock exchange," Air Force Secretary Heather Wilson said in a statement.
Lockheed Martin Corp. has received a contract valued at as much as $7.2 billion from the U.S. Air Force to produce as many as 22 additional Global Positioning System III satellites. A fixed-price award was announced Friday for two satellites. The award may eventually bring to 32 the number of advanced GPS III satellites that Lockheed, the No. 1 defense contractor, could have on contract if options for all 22 are exercised.
With a pre-dawn launch Saturday, the rocket company will have ended use of a launch vehicle that was once a mainstay.
Colorado's aerospace and defense market is becoming more attractive compared to other states, according to a new study by PricewaterhouseCoopers.
ACP serves as a blue-ribbon cabinet of influential business and civic leaders to advise the mayor of the City of Atlanta.
Netflix (NASDAQ:NFLX) ended the day down a bit, while Advanced Micro Devices (NASDAQ:AMD) tumbled 5.4% for no clear reason … other than the possibility that the sheer weight of its recent gains is starting spook newcomers. As the last trading day of the week gets going, traders may want to take close looks at the stock charts of Comcast (NASDAQ:CMCSA), PPL (NYSE:PPL) and Lockheed Martin (NYSE:LMT). Late last month, Comcast was one of the highlighted daily stock charts.
This work agreement is on the heels of another missile deal Lockheed Martin grabbed on Sept. 10. The company also is hiring more than 450 workers for its Orlando facility.
NASA's vision of sending astronauts to Mars is getting closer to reality as it and contractor Lockheed Martin Corp. (NYSE: LMT) are putting the finishing touches on the Orion Multi-Purpose Crew Vehicle at Kennedy Space Center. The capsule — the third in a series of Orion spacecraft — arrived on Florida's Space Coast in late August for final assembly. Of course, the moon is just a stepping stone: Orion's final goal is to carry a human crew to Mars in 2033. NASA's Exploration Mission-1 test is scheduled for next year from Launch Complex 39B in Cape Canaveral, using NASA's Space Launch System (SLS) rocket.
Unlike other recent GE sales, this one comes from one of the three divisions on which the Boston-based company has decided to focus.
The Aegis Common Source Library benefits our allied partners KAUAI, Hawaii , Sept. 13, 2018 /PRNewswire/ -- The JS ATAGO (DDG-177), supported by the U.S. Navy, Missile Defense Agency and Lockheed Martin ...
One market analyst wonders if SAIC's $2.5 billion stock deal for Engility Holdings might signal the end of the chase for scale.