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Lockheed Martin Delivers First C-130J-30 Super Hercules to the Georgia Air National Guard
Prnewswire· 2024-01-22 18:37
165th Airlift Wing to receive a total of eight Super Hercules tactical airliftersMARIETTA, Ga., Jan. 22, 2024 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) delivered the first of eight C-130J-30 Super Hercules tactical airlifters to the Georgia Air National Guard during a ceremony today, commemorating a new era in Hercules operations for this longtime C-130 Hercules operator.The 165th Airlift Wing ― the first C-130 operator in the state of Georgia — received its initial Hercules in 1975 and has operated sever ...
Lockheed Martin(LMT) - 2023 Q4 - Annual Report
2024-01-22 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ______ Commission file number 1-11437 LOCKHEED MARTIN CORPORATION (Exact name of registrant as specified in its charter) Maryland 52-1893632 (State or ot ...
Will Poor Segmental Performance Hit Lockheed's (LMT) Q4 Earnings?
Zacks Investment Research· 2024-01-22 14:11
Lockheed Martin Corporation (LMT) is slated to release fourth-quarter and full-year 2023 results on Jan 23, before the opening bell.The company delivered an average earnings surprise of 4.35% in the last four quarters. Lower sales volume from its major segments, along with lower equity earnings from ULA, is likely to have hurt LMT’s fourth-quarter performance.Let's see how things might have shaped up prior to the announcement.Aeronautics to Post Dismal SalesThe Aeronautics segment, which primarily manufactu ...
Cramer's week ahead: Earnings from Procter & Gamble, Tesla, Lockheed Martin
CNBC· 2024-01-19 23:36
CNBC's Jim Cramer on Friday told investors to gear up for a "fast and furious" slew of earnings reports next week that could lead to some profit-taking, including Procter & Gamble, Tesla and Lockheed Martin.This week brought solid gains for the major indexes — with the S&P 500 closing on Friday at an all-time high — and Cramer noted that the market continues to climb despite wars across the globe, budget deficits, inflation and tension in the lead up to a fraught U.S. presidential election."Can the market k ...
Lockheed Martin: Japan's Defense Budget - A Military Game Changer?
Seeking Alpha· 2024-01-19 19:12
Ken Ishii/Getty Images News With Japan aggressively expanding its military budget to counter threats from China, Taiwan, North Korea, and Russia, I believe Lockheed Martin (NYSE:LMT) is perfectly positioned to capitalize on over $8 billion in new defense contracts. I am bullish on Lockheed stock as these geopolitical tensions escalate, and I believe there's more upside to its stock price than current estimates imply. For these reasons, I rate Lockheed Martin as a compelling "Buy" in light of these devel ...
Why Lockheed Martin (LMT) Dipped More Than Broader Market Today
Zacks Investment Research· 2024-01-17 00:34
Lockheed Martin (LMT) closed the most recent trading day at $457.84, moving -1.15% from the previous trading session. This change lagged the S&P 500's 0.37% loss on the day. Meanwhile, the Dow lost 0.62%, and the Nasdaq, a tech-heavy index, lost 0.19%.Heading into today, shares of the aerospace and defense company had gained 3.64% over the past month, outpacing the Aerospace sector's loss of 1.36% and the S&P 500's gain of 1.56% in that time.The investment community will be closely monitoring the performanc ...
Lockheed (LMT) Clinches Contract to Aid F-35 Fighter Jet Program
Zacks Investment Research· 2024-01-16 14:03
Lockheed Martin Corp.’s (LMT) Aeronautics business segment recently secured a modification contract involving its F-35 fighter aircraft. The award has been offered by the Naval Air Systems Command, Patuxent River, MD.Details of the DealValued at $97.4 million, the contract is expected to be completed by March 2026. The latest modification offers Lockheed options to provide for the early development of AGM-88G High Speed Anti-Radiation Missile integration on the F-35A/B/C aircraft.The contract will serve the ...
Lockheed Martin Announces Fourth Quarter and Full Year 2023 Earnings Results Webcast
Prnewswire· 2024-01-16 14:00
BETHESDA, Md., Jan. 16, 2024 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) will webcast live its fourth quarter and full year 2023 earnings results conference call (listen-only mode) on Tuesday, Jan. 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 fourth quarter and full year 2023 results, provide updates on key topics and answer questions. Fourth ...
NASA's new supersonic jet dubbed 'Son of Concorde' makes debut
Proactive Investors· 2024-01-16 11:56
A new supersonic jet that could cut the flying time between London and New York to four hours has been unveiled by Lockheed Martin (NYSE:LMT) and US space agency NASA. Nicknamed “Son of Concorde”, the X-59 jet cruises at a speed of almost 940 miles an hour but unlike its predecessor doesn’t herald its presence with loud sonic booms as the sound barrier is broken. Costing US$247.5m to develop, the X-59’s relative quiet stems from engineering innovation that sees the nose account for a third of the plane’s le ...
Lockheed Martin officially introduces supersonic X-59 plane with NASA
Fox Business· 2024-01-16 11:10
Lockheed Martin officially introduced its experimental X-59 plane with NASA late last week. The supersonic aircraft, which debuted Friday at a joint event in California, was built to produce a "quieter sonic thump" comparable to the closing of a car door as opposed to a sonic boom as it surpasses the speed of sound to reach up to Mach 1.4, the company and NASA said.FOX Weather had earlier reported on Lockheed Martin and NASA’s plans to unveil the over 99-feet-long aircraft that has a 29-foot wing-span. "The ...