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General Motors and Lockheed Martin Partner to Develop Space Exploration Vehicles
General Motors (GM) and Lockheed Martin (LMT) have teamed up to develop lunar vehicles. The vehicles are to...
May 28, 2021
U.S. Navy Taps Lockheed Martin And IFS For Digital Transformation
Lockheed Martin (LMT) and IFS have been selected to deliver an intelligent maintenance solution to the U.S. Navy....
May 13, 2021
Lockheed Martin Announces 2Q Dividend, Partners With Intel And ORock On Cloud Security Solution
Lockheed Martin Corp. has declared a dividend of $2.60 for 2Q 2021. The payable date for the dividend...
Apr 22, 2021
Lockheed Martin Wins $3.7 Billion Missile Contract; Street Sees 14.8% Upside
Lockheed Martin, together with partner, Aerojet Rocketdyne, has been selected by the Missile Defense Agency (MDA) to develop...
Mar 24, 2021
Lockheed Martin: Dividend Gives it a Leg Up
With the S&P 500 index trading at a P/E of 40.0, the broader market valuations look stretched. While...
Feb 15, 2021
Lockheed Martin Delivers 123 F-35 Fighter Jets In 2020 As Covid-19 Hits Supply
Lockheed Martin reported that it delivered 123 of its F-35 fighter jets this year, which is 8% below...
Dec 29, 2020
Lockheed Martin Snaps Up Aerojet Rocketdyne For $4.4B; Street Sees 17% Upside
Lockheed Martin has struck a deal to buy US rocket engine manufacturer Aerojet Rocketdyne Holdings for $4.4 billion...
Dec 21, 2020
Lockheed Martin Nabs $258M US Air Force Contract
Lockheed Martin (LMT) has been awarded a $258.311 million firm-fixed-price contract for Evolved Strategic Satellite Communication (ESS) contract...
Nov 10, 2020
Lockheed Martin Nabs $724M US Missile Agency Contract
Lockheed Martin (LMT) has been awarded a sole-source, cost-plus-incentive-fee and cost-plus fixed-fee contract from the US Missile Defense...
Nov 02, 2020
Lockheed Martin Scores Over $740M In Navy Contract Modifications
Lockheed Martin’s (LMT) Sikorsky Aircraft Corp has been awarded a $550,372,323 modification to a previously awarded fixed-price-incentive, firm-fixed-price...
Oct 27, 2020
Lockheed Martin’s 3Q Profit Soars 10%; Street Says Buy
Lockheed Martin 3Q earnings from continuing operation of $6.25 per share rose 10.4% from the year-ago quarter, surpassing...
Oct 21, 2020
Lockheed Martin or Raytheon: Which Defense Stock Has More Upside Potential?
Governments across the world are fighting the COVID-19 threat and spending billions of dollars in addressing the pandemic....
Sep 30, 2020
Lockheed Ramps Up Dividend By 8.3%, Boosts Share Buyback By $1.3B
Lockheed Martin’s board of directors has signed off on a 8.3% quarterly dividend increase to pay $2.60 per share and...
Sep 27, 2020
Lockheed Martin Scores $62B 10-Year US Airforce Contract
Lockheed Martin (LMT) has been awarded a $62 billion ten-year, indefinite-delivery/indefinite-quantity (IDIQ), fixed-price-incentive contract for new production of...
Aug 16, 2020
Lockheed Martin Beats Quarterly Estimates, Raises 2020 Outlook
Shares of Lockheed Martin (LMT) rose 2.6% on Tuesday after the company’s quarterly sales and earnings beat analysts’...
Jul 22, 2020
Lockheed Wins $15B U.S. Air Force Contract For C-130J Military Transport Aircraft
Lockheed Martin (LMT) has won a $15 billion contract to supply the U.S. Air Force with its C-130J Hercules transport...
Jul 19, 2020