Insider trading has been a significant problem in US politics, with various senators, representatives, and politicians seated in committees that grant them access to information that allows them to beat the market.In the midst of these, one trade raises suspicion, mainly because of the subsequent post from the same politician that may have grave and long-lasting consequences.Congresswoman Kathy Manning posted her reaction after the news of the killings of 3 US service members in Jordan, calling for holding ...

With a land war in Europe, a Red Sea conflict escalating by the day, and China's naval buildup causing nerves to jangle across Southeast Asia, you might think 2023 would have been a great year to be in the defensive weapons business. For defense contracting giant Lockheed Martin (LMT 0.08%), however, it was rather ho-hum.Reporting fourth-quarter (and therefore full-year) results last week, Lockheed Martin was forced to admit that 2023 sales inched up only 2.4% in comparison to 2022, to $67.6 billion. On pro ...

Lockheed Martin Corporation (LMT) recently received a Letter of Offer and Acceptance from the Czech Republic government for its 5th Generation F-35 Lightning II aircraft. This should expand LMT’s international revenues in the coming years.Czech Republic’s government intends to procure 24 F-35 Lightning II jets and will receive the first aircraft in 2031. Alongside, LMT will provide personnel training, service and logistical support, and other support services to the country. Significance of F-35The F-35 is ...

Lockheed Martin (LMT 0.86%) stock dropped after the defense company's recent results, but is that creating a buying opportunity? After all, the company is involved in multiyear programs with highly reliable customers in an environment of heightened geopolitical tensions. Let's look at the results so you can make an informed decision about the matter.Disappointing earningsThe earnings report was not good. I want to highlight three specific points, the first being seen in the table below. While sales growth i ...

Space exploration stocks represent the new frontier. These companies are pushing the boundaries of satellite technology, human spaceflight missions, and the exploration of Mars to help us potentially become a space-faring civilization.With space exploration stocks, I don’t believe their upside is fully priced into their current valuations. At its core, space flight is inherently speculative in its very earliest stages. Additionally, it’s difficult for investors to grasp the complex subject matter.But for th ...

The fourth-quarter earnings season has officially begun.Defense contractor Lockheed Martin (LMT -0.26%) was one of the first large stocks to report its earnings for the last three months of 2023, giving investors insights into the state of its business and the overall sector. Its shares have trailed the market in recent quarters, with the stock down 6% in the last 12 months, while stocks like the "Magnificent Seven" have soared.Lockheed Martin's Q4 earnings brought more of the same. Even though the company ...

Five years ago, then-President Donald Trump promised to put Americans back on the moon by 2024. Five years later, American astronauts are still cooling their heels down here on Earth. Although Artemis I successfully took off and flew to the moon in 2022, it didn't land on the moon, and there were no astronauts on board.Now it looks like we'll need to wait until 2026 (at the earliest) before we can land on the moon. When are we back on the moon, NASA?So what's the hold up? First and foremost, it's a question ...

NASA's and Lockheed Martin's X-59 experimental supersonic jet is unveiled during a roll-out ceremony ... [+] in Palmdale, California, on January 12, 2024. (Photo by Robyn Beck / AFP) (Photo by ROBYN BECK/AFP via Getty Images)AFP via Getty ImagesLockheed Martin LMT (NYSE: LMT) recently reported its Q4 results, with revenues and earnings beating the street estimates. The company reported revenue of $18.9 billion, reflecting a 0.6% decline from the prior year period but above the $18.0 billion street estimate. ...

Key PointsDefense stocks are trending higher, but results have Lockheed Martin and RTX Corporation moving in opposite directions. Guidance is solid, but one guided for strength, the other for weakness, and the analysts took note. Analysts' sentiment is shifting for these stocks and will help one fly higher and the other wallow in 2024. 5 stocks we like better than RTXLockheed Martin Corporation NYSE: LMT and RTX Corporation NYSE: RTX are moving in opposite directions following their Q4 reports, suggesting o ...

Program Supports Both Companies' Efforts to Innovate at a More Rapid Pace ORLANDO, Fla., Jan. 24, 2024 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) and Red 6 announced today a strategic joint venture and Mentor-Protégé Agreement under the U.S. Small Business Administration Mentor-Protégé Program. "Red 6 is thrilled for this opportunity to work more closely with Lockheed Martin. It broadens our existing avenues for progression and rapid integration of Red 6 technology into the broader market using Lockheed Ma ...