Lockheed Martin Corporation (LMT) is slated to release second-quarter 2024 results on Jul 23, before the opening bell. The Zacks Consensus Estimate for LMT’s revenues is pegged at $17.06 billion, implying 2.2% growth from the year-ago quarter's reported figure. The consensus mark for second-quarter earnings is pegged at $6.45, suggesting a 4.2% decline from $6.73 reported in the prior-year quarter. The bottom-line estimate has inched up a penny in the past seven days.Image Source: Zacks Investment ResearchL ...

How quickly things change. It seems like just yesterday when space stocks seemed like purely speculative investments. Today, many of the names are still speculative, small-cap stocks. However, this growing sector is projected to grow much larger as the decade progresses.  When you think about the space economy, it’s easy to think about the National Aeronautics and Space Administration (NASA). It’s still pretty cool to see the United States go back to the moon as it did earlier this year, even though it was ...

910th Airlift Wing to receive a total of eight Super Hercules tactical airlifters MARIETTA, Ga., July 17, 2024 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) delivered the first of eight C-130J-30 Super Hercules tactical airlifters assigned to the Ohio Youngstown Air Reserve Station, marking the addition of a new mission capability for the Super Hercules ― the aerial spray mission.Lockheed Martin delivered the first C-130J-30 Super Hercules airlifter to the Ohio Youngstown Air Reserve Station.Post thisLockheed ...

Lockheed Martin (LMT) is expected to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report, which is expected to be released on July 23, 2024, might help the stock move higher if these key numbers are better than exp ...

For those looking to find strong Aerospace stocks, it is prudent to search for companies in the group that are outperforming their peers. Lockheed Martin (LMT) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Let's take a closer look at the stock's year-to-date performance to find out.Lockheed Martin is one of 46 individual stocks in the Aerospace sector. Collectively, these companies sit at #2 in the Zacks Sector Rank. ...

JHVEPhoto Lockheed Martin: A More Dangerous World Is Bullish Lockheed Martin Corporation (NYSE:LMT) investors have every right to feel disappointed, as even the heightened geopolitical tensions have not led to market outperformance recently. In my last bullish LMT update in April 2024, I emphasized that the "war premium" has not been priced into the stock's valuation. LMT is not assessed to be cheap, given its relatively tepid growth rates. I've determined that LMT's thesis remains valid. The market sti ...

Lockheed Martin Corp.’s (LMT) business unit, Sikorsky, recently clinched a contract for UH-60M helicopter. The award has been provided by the Army Contracting Command, Redstone Arsenal, AL.Valued at $251.5 million, the project is expected to be completed by Jun 30, 2027. Work related to this deal will be executed in Stratford, CT.What’s Favoring Lockheed?Rising geopolitical conflicts across the globe have prompted nations to significantly enhance investments in strengthening their defense capabilities. Aeri ...

Lockheed Martin Corp.’s (LMT) business segment, Aeronautics, recently secured a modification contract involving its advanced F-16 Block 70/72 aircraft. The award has been offered by the Air Force Life Cycle Management Center, Wright-Patterson Air Force Base, OH.Details of the DealValued at $520.4 million, the contract is projected to be completed by Jun 30, 2028. The latest modification expands the current long lead materials contract to begin production tasks of the Viper Shield electronic warfare suite fo ...

Lockheed Martin Corp.’s (LMT) business segment, Rotary and Mission Systems (“RMS”), recently clinched a modification contract for providing engineering design, development and production support to the U.S. Navy. The award has been offered by the Naval Sea Systems Command, Washington, D.C.Valued at $199.6 million, the contract is projected to be completed by September 2025. A major portion of the work related to this deal will be carried out in Manassas, VA.Lockheed’s Maritime SolutionsNations across the gl ...

Lockheed Martin Corp. (LMT) recently secured a contract to procure Army Tactical Missile System (“ATACMS”) guided missile and launching assembly. The Army Contracting Command, Redstone Arsenal, AL, has provided the award.Valued at $226.9 million, the contract is expected to be completed by Dec 30, 2028. Work related to this deal will be executed in Grand Prairie, TX.The contract will serve the governments of Estonia, Latvia, Lithuania, Morocco and Poland.Rising Missile Demand & LockheedRapidly increasing ge ...