Lockheed Martin Corporation’s (LMT) Rotary and Mission Systems (“RMS”) business segment recently clinched a modification contract involving its H-60 helicopters. The award has been offered by the Naval Air Systems Command, Patuxent River, MD.Details of the DealValued at $13.2 million, the contract is expected to be completed by November 2026. Per the terms of this deal, Lockheed will deliver 105 mission computer retrofit kits, 28 flight management computer retrofit kits and 100 Lynx and 55 Redhat software l ...

Lockheed Martin Corp.’s (LMT) business segment, Aeronautics, recently clinched a modification contract involving its F-35 fighter jets. The award has been offered by the Naval Air Systems Command, Patuxent River, MD.Details of the DealValued at $181 million, the contract is expected to be completed by January 2027. Per the terms of the deal, Lockheed will procure various special tooling and test equipment to support the production of F-35 aircraft.The contract will serve the U.S. Air Force, Navy, Marine Cor ...

Lockheed Martin (LMT) closed the most recent trading day at $447.90, moving -1.18% from the previous trading session. The stock trailed the S&P 500, which registered a daily gain of 0.11%. Elsewhere, the Dow saw a downswing of 0.11%, while the tech-heavy Nasdaq appreciated by 0.23%.Shares of the aerospace and defense company have appreciated by 4.92% over the course of the past month, outperforming the Aerospace sector's gain of 2.55% and the S&P 500's gain of 1.5%.The investment community will be closely m ...

Lunar Outpost teams with Lockheed Martin and Industry to develop a human-rated Moon rover as part of the agency's Artemis campaignDENVER, April 3, 2024 /PRNewswire/ -- NASA has awarded a Lunar Terrain Vehicle Services (LTVS) contract to the Lunar Dawn team, led by Lunar Outpost as the prime contractor along with its principal partner Lockheed Martin (NYSE:LMT) and teammates General Motors (GM), The Goodyear Tire & Rubber Company, and MDA Space. The diverse team combines proven robotic and human space explor ...

If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Lockheed Martin (LMT) . This company, which is in the Zacks Aerospace - Defense industry, shows potential for another earnings beat.This aerospace and defense company has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 5.2 ...

Lockheed Martin Corp.’s (LMT) Rotary and Mission Systems (“RMS”) business segment recently clinched a contract involving its H-60 helicopters. The award has been offered by the Naval Air Systems Command, Patuxent River, MD.Details of the DealValued at $86.9 million, the contract is expected to be completed by March 2029. Per the terms of the deal, Lockheed will provide sustainment engineering and logistics services support for all types/models/series of H-60 helicopters.The contract will serve the U.S. Navy ...

Lockheed Martin Corporation’s (LMT) business unit, Aeronautics, recently clinched a contract for its F-16 aircraft program. The award has been provided by the Air Force Life Cycle Management Center, Hill Air Force Base, UT.Details of the DealValued at $33.8 million, the contract is expected to be completed by Feb 28, 2025. Per the terms of this deal, Lockheed will provide engineering and technical services, support and sustainment, configuration management and programmatic support for the F-16 Weapon System ...

Lockheed Martin Corp.’s (LMT) Aeronautics business segment recently secured a modification contract involving its F-35 fighter jet program. The award has been offered by the Naval Air Systems Command, Patuxent River, MD.Details of the DealValued at $95.9 million, the contract is expected to be completed by June 2024. Per the terms of the deal, Lockheed will provide continued infrastructure support for the F-35 Joint Strike Fighter (JSF) program. The jet maker will offer engineering, maintenance, logistics, ...

BETHESDA, Md., April 1, 2024 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) will webcast live its first quarter 2024 earnings results conference call (listen-only mode) on Tuesday, April 23, 2024 at 11 a.m. ET. James Taiclet, chairman, president and chief executive officer; Jay Malave, chief financial officer; and Maria Ricciardone, vice president, Treasurer and Investor Relations, will discuss first quarter 2024 results, provide updates on key topics and answer questions. First quarter 2024 results will be pu ...

All eyes are on the upcoming eclipse, with cities reporting record hotel and campground reservations while others preemptively declare states of emergency to deal with high traffic as sightseers flood local areas. It’s also sparking renewed interest in space stocks to buy, a sector that’s slowly regaining ground lost over the past few years.Space stocks, after their meteoric rise in 2020, have since come back down to earth, with many companies falling from their previous peaks. In 2020, as a group, space st ...