ANKARA, TURKIYE - JUNE 24: In this photo illustration logos of General Electric are displayed on ... [+] laptop and mobile phone screens in Ankara, Turkiye on June 24, 2024. (Photo by Dilara Irem Sancar/Anadolu via Getty Images)Anadolu via Getty ImagesWe believe that Lockheed Martin stock is currently a better pick than its industry peer – GE Aerospace stock (NYSE: GE), given its better valuation and robust prospects. GE stock trades at a higher multiple of 40x forward expected earnings, versus 18x for LMT ...

Per major news sources, Lockheed Martin Corp. (LMT) recently secured a multi-year contract worth $4.5 billion for its Phased Array Tracking to Intercept of Target Advanced Capability-3 missile from the U.S. Army. Per the terms of the deal, Lockheed will procure 870 Patriot Advanced Capability-3 (PAC-3) Missile Segment Enhancement (“MSE”) missiles and associated hardware.What’s Favoring Lockheed?Global geopolitical and socioeconomic unrest has led both developed and emerging nations to increase the size of t ...

BETHESDA, Md., July 1, 2024 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) will webcast live its second quarter 2024 earnings results conference call (listen-only mode) on Tuesday, July 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 second quarter 2024 results, provide updates on key topics and answer questions.  Second quarter 2024 results will be ...

Dublin, July 01, 2024 (GLOBE NEWSWIRE) -- The "Latvia Telecoms Market Report - Telecoms, Mobile and Broadband - Statistics and Analyses" report has been added to ResearchAndMarkets.com's offering.Latvia's telecom market continues to benefit from investment and from regulatory measures aimed at developing 5G and fibre-based infrastructure. Although the mobile market is dominated by three operators there is effective competition between them, with the smallest among them having almost a quarter of the market ...

It's time to start future-proofing any space stocks in your portfolio. "Smaller, faster, cheaper" may be a better way to invest.Good news for Lockheed Martin (LMT -0.01%) investors: Last week, Lockheed announced a large follow-on order for government weather satellites. The National Oceanic and Atmospheric Administration (NOAA) asked the aerospace and defense giant to build it at least three, and potentially as many as seven, new next-generation Geostationary Extended Observations (GeoXO) sats. If all optio ...

Lockheed Martin is still building a new missile defense system, but events may overtake it.Good news for Lockheed Martin (LMT -0.01%) investors! Last week, the Pentagon announced that it has awarded the defense giant $977.5 million to continue development of Next-Generation Overhead Persistent Infrared (Next-Gen OPIR) satellites for early warning and tracking of intercontinental ballistic missile (ICBM) and theater ballistic missile launches. Bad news for Lockheed Martin investors: Lockheed won't be buildin ...

As the race to space heats up, the top space stocks to buy are delivering high returns. In the last few years, the commercialization of space has reached new highs with governments investing heavily in commercial space assets. Exploring all that space has to offer is becoming more common than ever before. And it has some envisioning the possibility of life on Mars!Given the increased interest in space travel, companies leading the charge are experiencing explosive growth. This has served as a boon for inves ...

Lockheed Martin (NYSE: LMT) presents a compelling investment opportunity amidst ongoing geopolitical unrest. As the aerospace and defense giant behind renowned systems like the F-35 fighter jet, C-130 Hercules transport aircraft, and HIMARS, Lockheed Martin can leverage current instability to fuel growth. With rising defense budgets and a steady stream of contract wins, the most recent contract with the U.S. Navy worth $1.56 billion, the outlook for LMT stock remains bullish.Current geopolitical instability ...

BETHESDA, Md., June 27, 2024 /PRNewswire/ -- The Lockheed Martin Corporation (NYSE: LMT) board of directors has authorized a third quarter 2024 dividend of $3.15 per share. The dividend is payable on September 27, 2024, to holders of record as of the close of business on September 3, 2024.Lockheed Martin is a global defense technology company driving innovation and advancing scientific discovery. Our all-domain mission solutions and 21st Century Security® vision accelerate the delivery of transformative tec ...

Lockheed Martin Corp.’s (LMT) business segment, Aeronautics, recently clinched a contract involving its F-35 aircraft program. The award has been provided by the Naval Air Systems Command, Patuxent River, MD.Details of the DealValued at $31.2 million, the contract is expected to be completed by January 2025. Per the terms of the deal, Lockheed will provide production and non-recurring engineering support for landing gear design, redesign, and analysis to boost the ability to produce and deliver the F-35 lan ...