302.52 0.00 (0.00%)
Pre-Market: 4:00AM EDT
|Bid||300.00 x 800|
|Ask||0.00 x 1000|
|Day's Range||301.65 - 307.63|
|52 Week Range||274.69 - 363.00|
|PE Ratio (TTM)||36.90|
|Earnings Date||Jul 16, 2018 - Jul 20, 2018|
|Forward Dividend & Yield||8.00 (2.58%)|
|1y Target Est||371.89|
White House trade advisor Peter Navarro on Tuesday tore into Chinese trade practices aimed at stealing American companies' intellectual property. The Chinese J-31 fighter jet is believed to be a knockoff of Lockheed Martin's F-35. The F-35, a fifth-generation stealth fighter, is the Pentagon's most expensive weapons system.
The Senate military spending bill would block a Lockheed Martin sale of F-35 fighter jets to Turkey. The NATO member is buying Russia's S-400 air defense system.
Central Florida defense firms are lining up work agreements now that will help create a bright future for the area's economy. Two global defense firms recently won contracts totaling $1 billion that will create five years' worth of work, according to the U.S. Department of Defense. Lockheed Martin's Aeronautics Co. in Fort Worth, Texas, landed a $503.2 million contract from the U.S. Navy on June 15 to provide air vehicle initial spares for the F-35 Lightning II aircraft.
The U.S. Senate's decision to pass a bill prohibiting the sale of Lockheed Martin's F-35 jets to Turkey is unfortunate and against the spirit of strategic partnership, Turkish Prime Minister Binali Yildirim said on Tuesday. The U.S. Senate passed a $716 billion defense policy bill on Monday, backing President Donald Trump's call for a bigger, stronger military, which includes an amendment prohibiting sales of the jets to Turkey. Yildirim was also quoted by broadcaster Haberturk as saying that Turkey was not without alternatives and that the bill would not make Turkey vulnerable.
Turkish officials have criticised a US Senate vote that could block transfers of the F-35 fighter jet to Ankara, a move that reflects increasing tensions between two Nato allies and which could ultimately hold up the sale of 100 planes worth close to $10bn. A bipartisan clause added to the National Defence Authorisation Act — passed by the Senate late on Monday by a vote of 85 to 10 — would prohibit transfer of F-35s to Turkey until a plan is submitted to cut Ankara from participation.
Lockheed Martin's (LMT) F-35 Lightning II aircraft provides advanced stealth, integrated avionics and sensor fusion features.
This column provides a daily update on key presidential actions as well as comments, whether spoken aloud or on Twitter, by President Trump. With a chorus of voices criticizing his administration’s policy of separating undocumented immigrant children from their parents, Trump said that “children are being used by some of the worst criminals on earth as a means to enter our country,” and that Democrats should “give us the votes to fix the world’s worst immigration laws.” He raised the example of Germany, as Chancellor Angela Merkel’s coalition is threatened by a fight involving migration. Trump also stated that “crime in Germany is way up.” In May, however, the country recorded the lowest crime rate since 1992.
If you thought President Trump was just musing when he publicly broached the subject of a U.S. "space force" in recent months, guess again. On Monday, he disclosed at a meeting of the National Space Council in Washington, D.C. that he is directing the establishment of a sixth military branch to address operations in space. "We are going to have a Space Force.
President Trump has signed a directive urging the Defense Department and Commerce Department to step up the United States' ability to track objects in space. The U.S. military is already tracking more than 23,000 objects in space around the Earth. The directive takes another step toward fulfilling the vision laid out in April by Vice President Mike Pence and Commerce Secretary Wilbur Ross.
President Donald Trump on Monday said he was clearing the way for the United States to exercise extra-terrestrial dominance by establishing a new, sixth branch of the military that he dubbed a "space ...
Lockheed Martin Corp is awarded a $503 million modification to a previously issued order for air vehicle initial spares, to include F-35 Lightning II deployment spares packages, afloat spares packages ...
Air Force Secretary Heather Wilson is a formidable intellect. One of the first women to graduate from the Air Force Academy, she became a Rhodes Scholar (D.Phil. Oxford) before serving on the National Security Council staff and then representing New Mexico's First District in Congress for 11 years -- during which she was a member of the armed services and intelligence committees.
Raytheon scored the win, even though DeNardi also likes Lockheed Martin. "Raytheon is much more levered to the international market and so our view is that with a heightened threat environment internationally, that will support higher international defense spending," DeNardi said at Stifel's 2018 Cross Sector Insight Conference.
The California company counts customers in the commercial, civil and defense markets and envisions its technology being deployed for environmental monitoring — analyzing an oil spill, for example.
This Orlando tech firm plans to open 8 new locations, thanks to snagging part of a major Lockheed Martin contract.
Its miniature hit-to-kill interceptor is designed to shoot rockets, artillery, mortars and bomb-carrying drones out of the sky.
As North Korea begins to denuclearize, defense-related stocks Boeing, General Dynamics, Lockheed Martin and Northrop Grumman show risk of technical corrections with two of these four leading the way. Boeing (BA) set its all-time intraday high of $374.48 on June 7 as its commercial aircraft production keeps this stock the clear winner among the four. General Dynamics (GD) is down 2.4% year-to-date and peaked at $230.00 on March 9.
To everyone’s surprise the first-ever formal meeting between U.S. President Donald Trump and his North Korean counterpart Kim Jong-Un in Singapore was extremely successful. While the eco-political consequence of signing the denuclearization agreement at this historical meeting was a constructive one, hinting at a peace regime across the Korean peninsula, it does not bode well for the U.S. defense industry. Major U.S. defense contractors paid the price, witnessing a sudden downfall in their stocks on Tuesday, since a settlement of the long-standing conflict between these two nations may lower demand for weaponries from these contractors.
Supply Chain Competition to Significantly Reduce Cost, Improve Reliability and Enhance Capability FORT WORTH, Texas , June 13, 2018 /PRNewswire/ -- Lockheed Martin selected Raytheon [NYSE: ...
Shares of major U.S. defense contractors declined on Jun 12 following a conflict-free settlement of the denuclearization deal.
While the eco-political consequence of signing the denuclearization agreement at this historical meeting was a constructive one, it does not bode well for the U.S. defense industry.
NEW YORK, June 13, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Liberty ...
PARIS, June 13, 2018 /PRNewswire/ -- The U.S. Army Cruise Missile Defense Systems Project Office awarded Lockheed Martin a $2.6 million dollar contract to mature the Miniature Hit-to-Kill (MHTK) interceptor, evaluate its effectiveness and demonstrate manufacturing readiness as part of the Extended Mission Area Missile Program. Announced by the company at the Eurosatory exhibition, this award marks the MHTK's transition from the Science and Technology (S&T) phase to the Development phase. "This award brings us one step closer to addressing a top battlefield priority – having an effective and cost-efficient solution to defeat rockets, artillery, mortars and other airborne targets," said Hal Stuart, Force Protection program manager at Lockheed Martin Missiles and Fire Control.
Defense stocks fell Tuesday after President Donald Trump announced he would end military drills with South Korea at his meeting with North Korean leader Kim Jong Un in Singapore.