LMT - Lockheed Martin Corporation

NYSE - NYSE Delayed Price. Currency in USD
350.14
+1.06 (+0.30%)
At close: 4:04PM EDT
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Previous Close349.08
Open349.08
Bid350.78 x 1100
Ask350.89 x 900
Day's Range348.44 - 352.46
52 Week Range241.18 - 358.63
Volume1,059,494
Avg. Volume1,218,226
Market Cap98.928B
Beta (3Y Monthly)1.30
PE Ratio (TTM)17.91
EPS (TTM)19.55
Earnings DateJul 22, 2019 - Jul 26, 2019
Forward Dividend & Yield8.80 (2.60%)
Ex-Dividend Date2019-05-31
1y Target Est370.06
Trade prices are not sourced from all markets
  • U.S. Vs. China Military Spending: Which Is Bigger?
    Investopedia16 hours ago

    U.S. Vs. China Military Spending: Which Is Bigger?

    The U.S. continues to be the world's top military spender by far, at $619 billion in 2018. China is a distant second at $250 billion but it's moving fast.

  • Financial Times18 hours ago

    Manufacturers upbeat on outlook for defence spending

    US defence executives sounded a bullish note on the outlook for the industry on the eve of the Paris air show, saying they expected governments to boost spending in new technologies to counter evolving threats. Plans announced by United Technologies and Raytheon last week to merge to form a $120bn aerospace and defence behemoth have raised questions about whether spending in the US, the world’s biggest defence market, will plateau after 2020.

  • Reuters22 hours ago

    UPDATE 1-Turkey's Erdogan sees Russian S-400s delivery starting in July - NTV

    Turkish President Tayyip Erdogan said he expected Russian S-400 missile defence systems to start arriving in Turkey in the first half of July, broadcaster NTV reported on Sunday, a development set to fuel tensions with NATO ally Washington. The S-400s are not compatible with NATO's systems and have been a growing source of discord between Turkey and the United States in recent months. Indeed the S-400 issue is settled," Erdogan was cited as telling reporters on his plane returning from a visit to Tajikistan, where he attended a summit and met Russian President Vladimir Putin.

  • TheStreet.com2 days ago

    Trump Lobbies Lockheed Martin CEO to Keep Pennsylvania Helicopter Plant Open

    to keep a Pennsylvania helicopter plant open. The defense contractor announced earlier this month that it plans to close the Sikorsky plant, in Coatesville, Penn. By the end of the year. Just spoke to Marillyn Hewson, CEO of @LockheedMartin, about continuing operations for the @Sikorsky in Coatesville, Pennsylvania.

  • Trump presses Lockheed to keep open a Pennsylvania plant slated for closure
    Reuters3 days ago

    Trump presses Lockheed to keep open a Pennsylvania plant slated for closure

    The F-35 fighter jets maker had announced plans to close the plant, which does "completion work" for Sikorsky's S-92 and S-76D helicopters, citing a multi-year slump in the rotorcraft industry, possibly due to the protracted downturn in oil prices. "While Pennsylvania is BOOMING, I don't want there to be even a little glitch in Coatesville - every job counts.

  • Lockheed Martin venture arm makes another big play
    American City Business Journals3 days ago

    Lockheed Martin venture arm makes another big play

    Lockheed Martin Corp.'s venture arm has doubled down on its investments in an artificial intelligence company. It's the Bethesda giant's second venture investment in the company, whose specialty in AI inference processors helps the technology recognize and learn new patterns from data. This latest funding was led by Valor Equity Partners and included investments from Future Ventures, Atreides, Micron Ventures, Lam Research, SoftBank Ventures Asia, Threshold Ventures, Lux Capital, Data Collective, AME Cloud Ventures and Lockheed (NYSE: LMT).

  • Has Lockheed Martin (LMT) Outpaced Other Aerospace Stocks This Year?
    Zacks3 days ago

    Has Lockheed Martin (LMT) Outpaced Other Aerospace Stocks This Year?

    Is (LMT) Outperforming Other Aerospace Stocks This Year?

  • Reuters3 days ago

    UPDATE 1-Turkey says would retaliate against U.S. sanctions over Russian S-400s

    Turkey will "take reciprocal steps" if the United States imposes sanctions over its purchase of Russian S-400 defences, the Turkish foreign minister said on Friday, marking the latest step toward a standoff between the NATO allies. "If the United States takes any negative actions towards us, we will also take reciprocal steps," Mevlut Cavusoglu, the minister, said when asked about possible U.S. sanctions in an interview broadcast on Turkish TV. Ankara and Washington have sparred publicly for months over Turkey's purchase of the S-400 missile systems, expected to be delivered as early as next month.

  • Did Hedge Funds Drop The Ball On Lockheed Martin Corporation (LMT) ?
    Insider Monkey3 days ago

    Did Hedge Funds Drop The Ball On Lockheed Martin Corporation (LMT) ?

    Investing in hedge funds can bring large profits, but it’s not for everybody, since hedge funds are available only for high-net-worth individuals. They generate significant returns for investors to justify their large fees and they allocate a lot of time and employ a complex analysis to determine the best stocks to invest in. A particularly […]

  • IBD Stock Of The Day: Boeing, Lockheed Supplier TransDigm Nears Buy Point
    Investor's Business Daily4 days ago

    IBD Stock Of The Day: Boeing, Lockheed Supplier TransDigm Nears Buy Point

    TransDigm is IBD Stock of the Day, nearing a new buy point. The Boeing and Lockheed supplier held up well in the latest correction after a strong rally.

  • Senate nixes Rand Paul’s effort to block arms sales to Qatar, Bahrain
    MarketWatch4 days ago

    Senate nixes Rand Paul’s effort to block arms sales to Qatar, Bahrain

    The Senate on Thursday voted against an effort to block sales of a set of U.S. arms to Qatar and Bahrain, though Kentucky Republican Sen. Rand Paul’s push got support from more than 40% of the chamber.

  • Can the Trade War Bring Investment to India’s Defense Sector?
    Market Realist4 days ago

    Can the Trade War Bring Investment to India’s Defense Sector?

    Between 2014 and 2018—during Modi’s first term—India imported $13.9 billion worth of arms, making it the world’s second-largest importer of arms. With $16.9 billion worth of arms imports, Saudi Arabia was the largest importer of arms during the period.

  • What's in Store for American Outdoor's (AOBC) Q4 Earnings?
    Zacks4 days ago

    What's in Store for American Outdoor's (AOBC) Q4 Earnings?

    American Outdoor Brands (AOBC) is likely to witness some duplicate expense in fourth-quarter fiscal 2019 due to the ramp-up of the new logistics facility

  • Reuters4 days ago

    Erdogan spokesman Kalin says discussed F-35 letter with Bolton on phone

    Turkey's presidential spokesman Ibrahim Kalin said on Thursday he spoke on the phone with President Donald Trump's national security advisor John Bolton to discuss a letter sent by the Pentagon about Ankara's removal from the F-35 jets program. Washington has warned Turkey against buying and installing Russian S-400 missile defence systems. Speaking at a press conference in Ankara following a cabinet meeting, Kalin said he hoped the Pentagon would abandon its current attitude towards Turkey, which he said could permanently damage ties between the two NATO allies.

  • Why The Paris Air Show Is Ripe For Big Boeing, Airbus Surprises
    Investor's Business Daily4 days ago

    Why The Paris Air Show Is Ripe For Big Boeing, Airbus Surprises

    Boeing (BA) and Airbus (EADSY) head into the 2019 Paris Air Show with low expectations for orders as the 737 Max crisis still looms, but some analysts are holding out hope for some positive news. The aerospace industry's biggest event, which alternates with the U.K.'s Farnborough Airshow, runs June 17-20. Exhibitors will show off new production and assembly techniques, 3D printing,...

  • Zacks.com featured highlights include: Lithia Motors, OUTFRONT, Lockheed, Maximus and Microsoft
    Zacks4 days ago

    Zacks.com featured highlights include: Lithia Motors, OUTFRONT, Lockheed, Maximus and Microsoft

    Zacks.com featured highlights include: Lithia Motors, OUTFRONT, Lockheed, Maximus and Microsoft

  • American City Business Journals4 days ago

    Lockheed Martin Space sued over small-satellite technology

    Lockheed Martin Space pushed into the realm of space startups in March when it launched a new line of business selling small satellites, and it soon hit a stumbling block — a patent lawsuit. The Jefferson County-based, 14,000-employee division of Lockheed Martin Corp. (NYSE: LMT) is being sued by Phoenix-based rocket-launch startup Vector Launch Inc., which claims Lockheed Martin’s new line of reprogrammable small satellites violates three Vector patents. What Vector Launch seeks is an injunction halting Lockheed Martin’s production of reprogrammable small satellites, or to have Lockheed license technology from it and pay Vector royalties from its future sales.

  • Reuters4 days ago

    UPDATE 3-Turkey rejects U.S. ultimatums, says will not back down on Russia deal

    Turkey will not back down from its decision to buy Russian S-400 missile defence systems despite U.S. warnings that it will lead to Ankara's exclusion from the F-35 fighter jet programme, Foreign Minister Mevlut Cavusoglu said on Thursday. In what has become the main source of tension between Ankara and Washington, the NATO allies have sparred publicly for months over Turkey's purchase of the S-400s, which Washington has said could trigger U.S. sanctions.

  • Lockheed Martin says F-35 cost cuts a year ahead of plan
    Reuters4 days ago

    Lockheed Martin says F-35 cost cuts a year ahead of plan

    Lockheed Martin is a year ahead of schedule with its plan to cut the cost of its F-35 A fighter jet variant to $80 million by 2020, the U.S. company said on Thursday. "We have beaten the goal by a full year," Lockheed Martin campaign manager Mark Pranke told a news conference in Helsinki, where the company is seeking a deal worth an estimated 7-10 billion euros ($7.9-11.3 billion) to replace Finland's ageing 64 Hornet fighter jets. Finland's new centre-left government said last week it would pick new fighter jets in 2021 from five shortlisted options, including U.S.-based Boeing's F/A-18 Super Hornet, French firm Dassault's Rafale, the Eurofighter Typhoon and Swedish firm Saab's Jas Gripen, as well as the F-35.

  • Reuters4 days ago

    UPDATE 1-Lockheed Martin says F-35 cost cuts a year ahead of plan

    Lockheed Martin is a year ahead of schedule with its plan to cut the cost of its F-35 A fighter jet variant to $80 million by 2020, the U.S. company said on Thursday. "We have beaten the goal by a full year," Lockheed Martin campaign manager Mark Pranke told a news conference in Helsinki, where the company is seeking a deal worth an estimated 7-10 billion euros ($7.9-11.3 billion) to replace Finland's ageing 64 Hornet fighter jets. Finland's new centre-left government said last week it would pick new fighter jets in 2021 from five shortlisted options, including U.S.-based Boeing's F/A-18 Super Hornet, French firm Dassault's Rafale, the Eurofighter Typhoon and Swedish firm Saab's Jas Gripen, as well as the F-35.

  • Here's how Raytheon's merger with United Technologies is likely to affect its Aurora office
    American City Business Journals5 days ago

    Here's how Raytheon's merger with United Technologies is likely to affect its Aurora office

    Farmington, Connecticut-based United Technologies (NYSE: UTX), maker of military and aviation communications technology and other gear, is merging with Waltham, Massachusetts-based Raytheon Co. (NYSE: RTN), which is best known for making military missiles and military aircraft. It would create the a defense-contracting behemoth second in size only to Boeing (NYSE: BA), and the new Raytheon would have a combined $74 billion in sales this year. Raytheon's Intelligence, Information and Services division has a major campus just off Buckley Air Force Base in Aurora, where it manages and creates ground control system technologies for commercial satellites and space systems for the U.S. government, military and intelligence agencies.