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Lockheed (LMT) Wins $109M Contract for Trident II Missile
Zacks Investment Research· 2024-03-07 02:35
Lockheed Martin Corp.’s (LMT) business segment, Space Systems, recently clinched a contract involving its Trident II (D5) Missile. The award has been provided by the Strategic Systems Programs, Washington, D.C. Details of the Deal Valued at $109.2 million, the contract is projected to be completed by Feb 28, 2029. Per the terms of the deal, Lockheed will support the integration of the Trident II (D5) Missile and reentry subsystems into the Common Missile Compartment for the U.S./U.K. Columbia/Dreadnought su ...
Cathy Hackl on Spatial Computing
The Motley Fool· 2024-03-06 02:10
Cathy Hackl is a futurist, Apple Vision Pro developer, and co-author of the upcoming book, Spatial Computing: An AI-Driven Business Revolution. Motley Fool host Deidre Woollard caught up with Hackl for a conversation about: How businesses, like Lockheed Martin and Lowe's, are already using spatial computing. The current challenges developing apps for the Vision Pro. Virtual air rights, digital fashion, and questions about the future of spatial computing. To catch full episodes of all The Motley Fool's free ...
Lockheed (LMT) Wins Contract to Support AEGIS Combat Systems
Zacks Investment Research· 2024-03-05 23:26
Lockheed Martin Corporation’s (LMT) segment, Rotary and Mission Systems (“RMS”), recently secured a modification contract for its AEGIS combat system. The award has been given by the Naval Sea Systems Command, Washington, DC. Details of the Deal Valued at $34.1 million, the contract is expected to be completed by January 2025. Per this deal, Lockheed Martin will exercise options for AEGIS development and test sites operation and maintenance at the combat systems engineering development site, SPY-1A test fac ...
Lockheed Martin (LMT) Advances While Market Declines: Some Information for Investors
Zacks Investment Research· 2024-03-05 07:56
The most recent trading session ended with Lockheed Martin (LMT) standing at $431.94, reflecting a +1.28% shift from the previouse trading day's closing. The stock outpaced the S&P 500's daily loss of 0.12%. Meanwhile, the Dow experienced a drop of 0.25%, and the technology-dominated Nasdaq saw a decrease of 0.41%. The aerospace and defense company's shares have seen an increase of 0.12% over the last month, not keeping up with the Aerospace sector's gain of 1.19% and the S&P 500's gain of 4.83%. The upcomi ...
Lockheed (LMT) Wins $663M Deal to Aid F-35 Fighter Jet Program
Zacks Investment Research· 2024-03-05 03:26
Lockheed Martin Corporation (LMT) recently secured a modification contract for its F-35 Lightning II aircraft. The award has been given by Naval Air Systems Command, Patuxent River, MD. Details of the Deal Valued at $663.1 million, the contract is expected to be completed by June 2027. Per this deal, Lockheed will provide recurring logistics support to aid the F-35 Lightning II Joint Strike Fighter Air Systems’ sustainment efforts. These logistics support includes ground maintenance activities, action reque ...
Lockheed Martin Corporation (LMT) Is a Trending Stock: Facts to Know Before Betting on It
Zacks Investment Research· 2024-02-29 23:01
Lockheed Martin (LMT) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock. Shares of this aerospace and defense company have returned +0.7% over the past month versus the Zacks S&P 500 composite's +3.9% change. The Zacks Aerospace - Defense industry, to which Lockheed belongs, has gained 2.1% over this period. Now the key question is: Where could the stock be headed in the near term ...
Lockheed Martin Takes Next Step in Homeland Missile Defense Interceptor Acquisition Process
Prnewswire· 2024-02-28 23:01
Company continues unprecedented progress to advance Next Generation Interceptor program HUNTSVILLE, Ala., Feb. 28, 2024 /PRNewswire/ -- In November 2023, Lockheed Martin (NYSE: LMT) successfully completed a Missile Defense Agency (MDA) acquisition milestone for the nation's modernized long range ballistic missile interceptor. The company completed the first Knowledge Point – known as KP1 – ahead of schedule, taking a major contractual step forward that allows its Next Generation Interceptor (NGI) program to ...
Datenna, Groq, and Lockheed Martin Join Roster of Sponsors for Upcoming AI Expo for National Competitiveness
Prnewswire· 2024-02-28 23:00
The AI Expo for National Competitiveness to address America's readiness to lead in critical, emerging technologies May 7-8 in Washington, D.C. ARLINGTON, Va., Feb. 28, 2024 /PRNewswire/ -- The Special Competitive Studies Project (SCSP), a non- partisan, non-profit project dedicated to strengthening America's long-term competitiveness in artificial intelligence (AI), announced today three additional sponsors of the AI Expo for National Competitiveness happening on May 7-8 at the Walter E. Convention Center i ...
Lockheed Martin (LMT) Outperforms Broader Market: What You Need to Know
Zacks Investment Research· 2024-02-28 07:51
股价表现 - 洛克希德·马丁公司(LMT)股价在最新交易日收盘价为430.43美元,较前一日上涨了0.29%[1] 财务预测 - 投资者应密切关注洛克希德·马丁公司即将发布的财报,预计每股收益为5.89美元,较去年同期下降了8.4%;预计营收为159.1亿美元,较去年同期增长了5.18%[3] 全年预测 - 洛克希德·马丁公司的全年Zacks共识预测显示,预计每股收益为26.31美元,营收为691.7亿美元,同比分别下降了5.43%和增长了2.37%[4] Zacks排名 - 洛克希德·马丁公司目前的Zacks排名为4 (卖出),最近30天内,共识每股收益预测下调了0.19%[7]
The 3 Top Dividend-Paying Defense Stocks to Buy for 2024
InvestorPlace· 2024-02-27 20:47
The world is a volatile place. Over the past few years, we’ve seen Russia invade Ukraine, various violent acts in the Middle East, and mounting tensions around Taiwan’s political status. All this has caused numerous countries to boost their military budgets to bolster their capabilities. This makes it an intriguing time for investors in defense contractors, aerospace firms, and other related companies. It’s not just terrestrial defense either. Investors should also be looking to the stars. Last week, Intuit ...