Wall Street hates surprises, especially unexpected changes in the C-suite just days before earnings are released.On Thursday, Lockheed Martin (LMT -1.62%) delivered just that surprise and the stock reacted accordingly. Shares of Lockheed plunged 6% at the open before recovering as the day went on, down 2% as of 1:30 p.m. ET.A change in the cockpitBefore markets opened, Lockheed said that CFO Jay Malave had advised the company he is "pursing other opportunities," and announced Evan Scott as Malave's replacem ...

Shares in defense contractor Lockheed Martin (LMT -2.28%) declined by as much as 6% in early morning trading Thursday on the news that chief financial officer (CFO) Jay Malave was departing the company to pursue other opportunities. An interesting departureMalave has held the title of CFO at two businesses that were part of the former United Technologies (UTC Carrier and UTC Aerospace Systems), the defense company L3Harris Technologies, and, since 2022, Lockheed Martin. So it's hard to think of a more signi ...

Group 1 - Lockheed Martin has appointed Evan Scott as the new CFO, succeeding Jesus "Jay" Malave, who is pursuing other opportunities [1][2] - Evan Scott has 26 years of experience at Lockheed Martin, having served as treasurer and CFO of two business areas, indicating a strong background in finance and operations [2] - The company will hold its first quarter 2025 earnings results webcast on April 22, 2025, where it will reaffirm its previously-issued 2025 guidance [3][4] Group 2 - The earnings results will be published before the market opens on April 22, and a live webcast will be available on the company's investor relations website [4] - Lockheed Martin is a global defense technology company focused on innovation and advancing scientific discovery, with a mission to deliver transformative technologies [5]

Lockheed Martin (LMT) closed the most recent trading day at $477.08, moving +1.6% from the previous trading session. The stock's change was more than the S&P 500's daily loss of 2.24%. On the other hand, the Dow registered a loss of 1.73%, and the technology-centric Nasdaq decreased by 3.07%.Shares of the aerospace and defense company have appreciated by 0.06% over the course of the past month, outperforming the Aerospace sector's loss of 1.9% and the S&P 500's loss of 4.17%.The upcoming earnings release of ...

An analyst's bullish new note on Lockheed Martin (LMT 1.68%) and the wider U.S. defense sector provided lift to the company's stock on an otherwise bearish Wednesday trading session. Lockheed Martin's shares closed the day almost 2% higher in price, providing quite the contrast to the tumbling S&P 500's (^GSPC -2.24%) 2.2% decline.An industry maneuvering for growthThe analyst in question was Kristine Liwag of veteran white-shoe investment bank Morgan Stanley. Well before market open that day, Liwag changed ...

Wall Street analysts forecast that Lockheed Martin (LMT) will report quarterly earnings of $6.36 per share in its upcoming release, pointing to a year-over-year increase of 0.5%. It is anticipated that revenues will amount to $17.76 billion, exhibiting an increase of 3.3% compared to the year-ago quarter.Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted upward by 0.2% to its current level. This demonstrates the covering analysts' collective reassessment of their initial pro ...

Aerospace and defense giant Lockheed Martin Corp (NYSE:LMT) will announce first-quarter results before the open on Tuesday, April 22. Analysts anticipate quarterly profits of $6.42 per share and revenue of $17.76 billion, or year-over-year growth of about 1.4% and 3.3%, respectively.LMT was last seen down 0.4% to trade at 473.46, on track to snap a five-day win streak. Though the security is fresh off its best weekly performance since July, the $480 region is once again acting as a ceiling after capping ral ...

Wall Street expects a year-over-year increase in earnings on higher revenues when Lockheed Martin (LMT) reports results for the quarter ended March 2025. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on April 22, 2025, might help the stock move higher if these key numbers are better than ex ...

Core Insights - Lockheed Martin and the Royal Netherlands Air Force successfully demonstrated the first-ever live classified data sharing between an F-35 in flight and a Dutch Command and Control environment during the Ramstein Flag exercise, marking a significant advancement in multi-domain operations [1][3][5] Group 1: Data Sharing and Integration - Dutch F-35s utilized the Lockheed Martin Skunk Works Open Systems Gateway to transmit classified track data to a Dutch Command and Control environment during the exercise [2] - The exercise showcased the F-35's capability to detect, identify, and relay targeting data on simulated ground threats in real-time, effectively closing the operational loop within minutes [3] - The Skunk Works Open Systems Gateway enhances allied air and missile defense systems by providing precise targeting information, improving situational awareness and interoperability among joint forces [4] Group 2: Collaboration and Future Prospects - The success of the Ramstein Flag exercise highlighted the collaboration between the United States Air Forces in Europe and the Royal Netherlands Air Force, with both parties expressing enthusiasm for future innovations and integrated capabilities [5] - Lockheed Martin is committed to accelerating the delivery of multi-domain operation capabilities that enhance the effectiveness of allied F-35 fleets, reinforcing collective defense [5]

PALMDALE, Calif., April 14, 2025 /PRNewswire/ -- Lockheed Martin Skunk Works® (NYSE: LMT), the global technology company's advanced aerospace development division, in collaboration with Arquimea demonstrated an anomaly detection capability for Intelligence, Surveillance, and Reconnaissance (ISR) platforms as they scan a mission area. Arquimea Logo This cutting-edge capability reduces the number of scans by a sensor to identify unusual patterns or deviations from expected behavior in data, systems, or pr ...